Dubai’s Airport Show 2024 To Put $60bn Middle East Aviation Market And Global $1.8tn Construction Spend In Spotlight

  • Date: 22-Feb-2024
  • Source: Gulf Insider
  • Sector:Transport
  • Country:UAE
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Dubai’s Airport Show 2024 To Put $60bn Middle East Aviation Market And Global $1.8tn Construction Spend In Spotlight

Dubai’s Airport Show 2024 will bring together leading figures from the booming global aviation industry.

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 $60bn in 2023, is predicted to rise substantially until 2030.

Airport Show Dubai

Air connectivity in the Middle East had seen a 26 per cent-plus growth in 2022 compared to 2019.

The Middle East’s airports are set to handle 1.1bn passengers by 2040, more than double the 2019 figure of 405 million passengers.

They will be required to invest around $151bn in capacity expansion.

The region, with more than 110 airports, is among the fastest-growing aviation markets in the world.

Airport developers, officials, 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) will have more than 150 exhibitors from more than 20 countries and 7,500 visitors from more than 30 countries attending.

The Airport