Dubai PR Network, Online Press Release from Dubai and Middle East
 
Aviation, Airline & Aerospace(Travel & Tourism)
Filter PR by
  
Airbus forecasts 3,020 New Aircraft Deliveries to Airlines in the Middle East by 2040
 

Dubai, 18 November 2021 –  Airlines operating in the Middle East region will require 3,020 new passenger and freight aircraft deliveries by 2040, according to the 2021 Airbus Global Market Forecast (GMF) launched at the Dubai Airshow 2021. This will bring the total fleet to 3,210 from a 2019 fleet baseline of 1,300 aircraft.

During this period, the fleet in the region will transition to new generation types such as the A220, A320neo family, A330neo and A350 bringing significant efficiency improvement and a corresponding reduction in carbon emissions per passenger.

Growth is driven by the forecast 2.3% CAGR increase in GDP between now and 2040. Aviation and tourism will continue to be key growth sectors for the Middle East and drive GDP growth. 

Airbus forecasts that air traffic in the Middle East will achieve full recovery to 2019 levels between late 2022 and mid 2024. Globally, cargo is already operating today at 9% above pre-crisis levels, and in the Middle East 18%. 

This strong recovery is due to the region’s strategic location which is a vital economic, business and cultural connector between the East and the West. Government vision and strategic investment plans position aviation at the forefront of long-term planning in the Middle East. All of these factors will empower a return to the skies. 

O&D passenger traffic in the Middle East is set to increase by a factor of 2.7 by 2040. Cargo traffic to and from the Middle East will increase by a factor of 1.8. 
              
Today, five of the world’s largest aviation cities are in the Middle East, including Dubai and Abu Dhabi, serving more than 10000 long-haul passengers per day. Another six cities will grow past this threshold in the next twenty years including Dammam,Muscat and Kuwait City.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 9463 times
PR Category : Travel & Tourism
Posted on : Thursday, November 18, 2021  2:40:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Go Green this Black Friday Cathay Pacific Offers Complimenta...
Next Story : Akasa Air Orders 72 Fuel-Efficient 737 MAX Airplanes to Laun...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Danube Home Signs Franchise Partnership with Hyvec Group to Enter Mauritius Market [6240-Views]
Experience a New Full-Board Summer Staycation at Lapita, Dubai Parks and Resorts [5260-Views]
Malabar Gold & Diamonds Associates with Nitol Niloy Group to Expand Operations into Bangla... [5215-Views]
Rock & Fly Jewelleries from Akillis [5141-Views]
Samsung Launches the Neo QLED 8K TV across Qatar, Kuwait, Oman and Bahrain [4342-Views]
Dubai Customs Holds Awareness & Entertainment Activities during DSS 2022 [4248-Views]
Ahood Alenezi Is Announced as the Face of Djula [4022-Views]
Look Your Sustainable Best This Summer with Springfield's Spring/Summer Collection [3850-Views]
Learn, Laugh and Play at Modesh World This Summer [3514-Views]
Arab Bank Group Profits Grow by 38% to $252 Million for the First Half of 2022 [3378-Views]
Introducing fisio: Your Partnerin Recovery [3141-Views]
Chalo BurJuman Mall, Chalo Maldives [2952-Views]
How Sony is Transforming the Art and Technology of Listening [2948-Views]
Fromage Friday at Le Gourmet in Galeries Lafayette [2878-Views]
Nucleus Research Positions Infor as a Leader in its 2022 Enterprise ERP and SMB ERP Techno... [2706-Views]
GCC Hospitality Industry to Witness Steady Growth after Sharp Post Pandemic Recovery, says... [2685-Views]
Jaguar Land Rover Prepares for Advanced Electrified and Connected Future with New Testing ... [2636-Views]
Al-Futtaim Automotive Reveals Strong H1 Results, Reflecting Continuing Rebound for Automot... [2558-Views]
Panasonic's New High-Performance Blender is Perfect for Making Your Summer Refreshingly He... [2501-Views]
June Air Cargo: Stable and Resilient [2501-Views]
Dubai Customs Discusses Furthering Trade Cooperation with South Korea [2444-Views]
Amlak Finance Announces H1 2022 Financial Results [2435-Views]
LG Announces Second-Quarter 2022 Financial Results' [2394-Views]
Juan Ayuso Commits his Future to UAE Team Emirates until 2028 [2378-Views]
Etihad Airways Scales Up its Cargo Operations with Airbus New Generation A350F Freighter [2358-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories