Page 293 - SHARJAH AIRPORT PR REPORT - FEBRUARY 2024

2/21/24, 10:52 AM Dubai to host the world’s largest airport industry show in May -
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 leading exhibition and convention venue, will have
more than 150 exhibitors from more than 20 countries and 7,500 visitors from over 30
countries attending. The Airport Show will have co-located events – ATC Forum, Airport

Security Middle East, and the 11th edition of the Global Airport Leaders Forum (GALF).
His Highness 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.”
Organized by RX, part of RELX, a global provider of information-based analytics and
decision tools that organizes 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.
Remarked May Ismail, Event Manager at RX: “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 US$450 billion in investments. There were 225 new airport
projects and more than 70 percent of the investment was in Asia Pacific. There were
1074 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 US$1.14 trillion in 2023, and would reach US$1.8 trillion by 2030.
Dubai International Airport, 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 US$2. 7
billion. The enhancements in capacity and service levels over the coming 10 years have

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