Mideast airports need $151bn for capacity expansion

The world has kept its focus firmly on the Middle East where the airlines, airports, and MROs are massively investing, as the region’s air passenger number is projected to see 300% increase to 1.1b by 2040. The regional airport upgradation, expansion, and new developments will be under the spotlight for three days at the Airport Show to be held from May 6 to 8 at the Dubai World Trade Centre (DWTC), offering great networking and business opportunities for the industry players. Held under the patronage of Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline and Group, the B2B platform, the largest in the Middle East, Africa, and South Asia region, will facilitate global companies to showcase again cutting-edge technologies and innovations designed to better airport operations and safety enhancement, improve passenger experiences and sustainability, and widen automation. The annual multi-event airport industry platform is being supported among others by the Dubai Civil Aviation Authority, Dubai Airports, Dubai Aviation Engineering Projects, Emirates Airlines, Dubai Air Navigation Services, and dnata. Middle East airports will be needing $151b investments for their capacity expansion. By 2029, the Middle East aviation market size is projected to reach the $33.70b mark. By 2042, the global passenger traffic will reach nearly 20b. <br/>