Page 262 - 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

Middle East airports expanding in a

fast-forward mode to handle zooming

passenger numbers

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 (DWTC), the Middle East’s
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