Page 303 - SHARJAH AIRPORT PR REPORT - FEBRUARY 2024

and Africa region, the opportunity to see innovations in airport sustainability,
digitalisation, 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 "Organised by RX, part of RELX, a global
provider of information-based analytics and decision tools that organises 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
May Ismail, Event Manager at RX, stated, "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 suggest 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, the world's busiest airport for international travellers 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 capacity and
service level enhancements over the coming ten years have been necessitated as its
home base carriers ordered another 120 aircraft - 90 Boeing-777s for Emirates and
30 Boeing-787s for flydubai Sharjah, home to the Arabian Gulf's first airport, has
started work on an AED1 2 billion ($327 million) terminal expansion that will increase
the airport's capacity to 20 million passengers a year The expansion project will
separate the arrivals from departures areas and enhance its systems and amenities
It is the largest phase of expansion work being undertaken at a total cost of AED2 4
billion and is expected to be completed in 2027 Improvements will include additional
self-check-in kiosks, electronic boarding gates, a spacious waiting zone, dining
facilities, and a transit passenger hotel Sharjah Airport, home of the MENA region's
largest LCC Air Arabia, added six new passenger destinations and three air cargo
routes in 2023 The airport handled about 13 1 million passengers in 2022 and will be
able to handle up to 25 million passengers by 2026
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