Page 249 - SHARJAH AIRPORT PR REPORT - FEBRUARY 2024

2/21/24, 10:48 AM Dubai to host world’s largest airport industry show in May - Aletihad News Center
Organised by RX, part of RELX, a global provider of information-based analytics and decision tools that organises
about 400 events in 22 countries across 42 industry sectors, the show is supported by prominent players in the

aviation industry, including the Dubai Civil Aviation Authority (DCAA), Dubai Airports, Dubai Aviation Engineering
Projects (DAEP), and dnata.

May Ismail, Event Manager at RX, stated, “The airport industry will be back to full business when we meet in 2024.
The pace of growth and expansion that was halted is back at a phenomenal rate. The projects that took off again

suggest no end to expansion and growth. What had been put on the back burner is now in the front.”

According to a CAPA report, 425 major construction projects were on at existing airports worldwide, with $450 billion in

investments. There were 225 new airport projects, and more than 70 percent of the investment was in Asia Pacific.

There were 1,074 airport investors, of which 258 were airport operators, groups or consortiums. About 68 percent of all

projects were based on terminals, either expansions or new developments.

A report has disclosed that the global airport construction market grew to $1.14 trillion in 2023 and would reach $1.8
trillion by 2030.

DXB Mega Expansion Plans

Dubai International Airport, the world’s busiest airport for international travellers continuously for nine years, is also
building up the capacity and facilities to make the hub more impressive. Now serving 250 destinations in 104 countries
through 95 airlines, DXB has mega expansion plans that will entail investments of up to $2.7 billion.

The capacity and service level enhancements over the coming ten years have been necessitated as its home base
carriers ordered another 120 aircraft - 90 Boeing-777s for Emirates and 30 Boeing-787s for flydubai.

Sharjah Airport Terminal Expansion

Sharjah, home to the Arabian Gulf’s first airport, has started work on an Dh1.2 billion ($327 million) terminal expansion
that will increase the airport’s capacity to 20 million passengers a year.

The expansion project will separate the arrivals from departures areas and enhance its systems and amenities. It is
the largest phase of expansion work being undertaken at a total cost of Dh2.4 billion and is expected to be completed

in 2027.

Improvements will include additional self-check-in kiosks, electronic boarding gates, a spacious waiting zone, dining
facilities, and a transit passenger hotel.

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