Page 276 - SHARJAH AIRPORT PR REPORT - FEBRUARY 2024

2/21/24, 10:51 AM PRESSR: Middle East airports expanding in a fast-forward mode to handle zooming passenger numbers — TradingView News
PRESSR: Middle East airports

expanding in a fast-forward

mode to handle zooming

passenger numbers

Feb 20, 202412:45 GMT+4

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: 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.

https://www.tradingview.com/news/reuters.com,2024-02-20:newsml_Zaw49jp1h:0-pressr-middle-east-airports-expanding-in-a-fast-forward-mode-to-h… 1/7