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figure of 405 million passengers. They will be required to invest around
$151 billion in capacity expansion.

The region, with over 110 airports, is among the fastest-growing
aviation markets in the world.
Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil
Aviation Authority, Chairman of Dubai Airports, Chairman and Chief
Executive of Emirates Airline and Group, and Patron of Airport Show
said: “The business event will provide the industry professionals from
Middle East, South Asia, and Africa region, the opportunity to see
innovations in airport sustainability, digitalization, and urban air
mobility.”

He added: “Airport Show will remain the best venue to select and
source the cutting-edge technologies and newest innovative products
to better the airport operations.”

Remarked May Ismail, Event Manager at RX, the organizer of the
Airport Show: “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 clearly
suggest there is 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.
Dubai International Airport
Dubai International Airport (DXB), the world’s busiest airport for
international travelers 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 enhancements in capacity and service levels over the
coming 10 years have been necessitated as its home base carriers

https://english.alarabiya.net/business/aviation-and-transport/2024/02/20/Dubai-to-host-mega-
airport-show-as-region-s-airports-set-for-capacity-expansion