DUBAI, UAE -
Jan. 14, 2025 -
PRLog -- The Middle East remains a focal point for global aviation, with significant investments in airlines, airports, ANSPs, and MROs driving growth. By 2040, the region is projected to handle 1.1 billion passengers—a 300% increase—requiring $151 billion for airport expansion. By 2029, its aviation market size will reach $33.7 billion, contributing to global passenger traffic nearing 20 billion by 2042, with 45% from international segments. Africa's air passenger traffic is expected to double to 261 million by 2040, needing $32 billion in airport infrastructure investments.
The Airport Show in Dubai (May 6–8) will spotlight regional airport developments, offering networking opportunities for industry leaders. Key projects include Dubai's $35 billion airport terminal and Saudi Arabia's $50 billion King Salman International Airport, accounting for 80% of MENA's airport development spending. Other projects span the UAE, Oman, Kuwait, and India, reflecting the region's commitment to modernizing aviation infrastructure.
Middle Eastern airlines, buoyed by strong demand, recorded a record $23.1 profit per passenger in 2024 and are set to earn $5.9 billion in net profit by 2025. Cirium highlights the region's innovation in passenger experience and sustainability, cementing its role as a global aviation leader.
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