Page 299 - SHARJAH AIRPORT PR REPORT - FEBRUARY 2024
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2/21/24, 10:53 AM Dubai to host the world's largest airport industry show in May
DUBAI, 20th February, 2024 (WAM) -- 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 compared to 2019.
The Middle East's airports are set to handle 1.1 billion passengers by 2040,
more than double the 2019 gure 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.
Airport developers, of cials, and suppliers worldwide will reach Dubai in
mid-May 2024 to participate in the world's largest annual event dedicated
to the airport 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).
H.H. 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, digitalisation, and urban air mobility."
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