Page 259 - SHARJAH AIRPORT PR REPORT - FEBRUARY 2024

2/21/24, 10:49 AM Middle East airports expanding in a fast-forward mode to handle zooming passenger numbers : GoDubai.com

Middle East airports expanding in a fast-forward
mode to handle zooming passenger numbers

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Dubai to host the world's largest airport industry show in May
Ahmed bin Saeed: “The exhibition is the best to source cutting-edge
technologies and innovative products for better operations.”
Up to US$2. 7 billion investments for DXB expansion
Middle East airports to handle 1.1 billion passengers by 2040
US$151 billion is required for ME airport capacity expansion
Global airport construction market to reach US$1.8 trillion by 2030
ME to be the world's fastest-growing aviation market by 2033
The region has 110 commercial airports and 69 operating carriers

Dubai, United Arab Emirates, February 20, 2024: With the civil aviation industry almost fully
recovered after the steepest fall in passenger numbers due to the 21st century's second
pandemic, airports across the world are bracing themselves to handle a big boom in air travel
until 2030 by going in for expansions and redevelopments.
The Middle East Aviation Market, valued at US$60 billion in 2023, is predicted to rise
substantially until 2030. Air connectivity in the Middle East had seen a 26 percent-plus growth
in 2022 as compared with 2019.

The Middle East airports are set to handle 1.1 billion passengers by 2040, more than double
the 2019 figure of 405 million passengers. They will be required to invest around US$151
billion in capacity expansion. The region, with over 110 airports, is among the fastest-growing
aviation markets in the world.
Airport developers, officials, and suppliers from across the world will come to Dubai in mid-
May 2024 to participate in the world's largest annual event dedicated to the global airports
industry. The 23rd edition of the three-day B2B event at the Dubai World Trade Centre
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