Airbus Sees Middle‑East Regional Aircraft Fleet More Than Doubling by 2044

Airbus Sees Middle‑East Regional Aircraft Fleet More Than Doubling by 2044

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Airbus has projected that the regional aircraft fleet in the Middle East will grow to about 3,700 planes by 2044—more than twice the current size. During a press conference in Dubai, Grainneâ€Ŋvanâ€Ŋdenâ€ŊBerg, Head of Marketing for Africa and the Middle East at Airbus, said the region’s passenger traffic is expected to expand at a compound annual growth rate (CAGR) of 4.4% over the next two decades. She also said that the regional services market—covering maintenance, repair and overhaul (MRO) and other support services—is anticipated to double, reaching roughly US$29.9â€Ŋbillion by 2044. In the same forecast, Airbus predicts that wide‑body aircraft will represent 42% of total aircraft demand in the Middle East by 2044, the highest global share for wide‑bodies in any region. According to Gabrielâ€ŊSemelas, Airbus President for Africa and the Middle East, “The Middle East is transforming global aviation â€Ķ this region is becoming the long‑haul hub now and into the future.” The forecast comes ahead of the Dubai Airshow (Novâ€Ŋ17‑21), the region’s premier aviation event. #MiddleEastAviation #AirbusForecast #RegionalAircraftGrowth #AviationIndustry #SlimScan #GrowthStocks #CANSLIM

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Airbus Sees Middle‑East Regional Aircraft Fleet More Than Doubling by 2044 | SlimScan