Dubai – The Middle East aviation industry is expected to grow at a compound annual growth rate of more than 6% between 2022 and 2027, according to data from market research provider Mordor Intelligence, as the global travel and tourism community prepares to meet back in Dubai for the Arabian Travel 2022 market fair, which will take place at the World Trade Center in Dubai from Monday 9th to Thursday 12th May.
Although the estimated recovery of international passenger traffic is gradual, Mordor Intelligence Research shows that the private and domestic aviation sectors in the Middle East have remained resilient during the pandemic period and continue to show signs of growth, recovery, and recovery.
On this occasion, Danielle Curtis, director of the Arabian Travel Market exhibition in the Middle East, commented: “Recent market analysis shows that low-cost airlines such as Air Arabia Abu Dhabi and Wizz Air Abu Dhabi will increase demand for new narrow-body aircraft. in the coming years. “
“The aviation sector in the Middle East has also seen an increase in demand for private travel in recent years, thanks to high net worth companies and individuals who have chosen to fly business aircraft and helicopters during the pandemic,” Curtis added.
Curtis added, “As such, the aviation sector in the Middle East will take the lion’s share of ATM 2022, holding a dedicated session on the global ATM scene, in addition to a number of related events and forums throughout the event. ., and we look forward to exploring the long-term possibilities for the future of transportation. ”
A dedicated session entitled “Airlines Developing for the Future: Listening to Industry Leaders” will be held on the second day of ATM 2022, which will highlight the challenges posed by the pandemic outbreak facing the industry. moderated by John Strickland, Director of JLS. Consultation and includes several speakers including: Tony Douglas, CEO of the Group, Etihad Aviation Group and Adel Abdullah Al Ali, Member of the Board and CEO of the Air Arabia Group, who will share their knowledge on opportunities and possible structural changes in the aviation sector in connection with Continue recovery and recovery again.
Later in the day, the “Transportation Future” session, co-organized by the World Travel and Tourism Council, will explore new and evolving modes of transport such as hyperloops, driverless cars, next-generation aircraft and space travel. With potential. to revolutionize transportation.How do we get from point A to point B?
This session will be moderated by Sarah Hedley Hymers, Managing Editor of Connecting Travel Middle East, and will feature several speakers including: Colgate Gata Ora, President, Boeing Middle East, Turkey and Africa and Kata Sirib, Vice President and Manager Global Aviation General, IC F and Karim Makhlouf, Deputy General Manager of Commercial Sector at Royal Jordanian Airlines.
“Market leaders such as Emirates, Etihad, Saudi Airlines, Qatar Airways and others reflect a positive long-term trajectory for the sector,” Curtis concluded.
Etihad Airways announced in October 2021 that it had raised $ 1.2 billion as part of the first regional sustainability loan to include environmental, social and governance metrics, under the terms of an agreement on targets to reduce carbon dioxide emissions. , to increase corporate governance and improve women’s participation.
In November 2021, Emirates announced a major upgrade program that will see 52 of its existing A380 aircraft equipped with a premium economy cabin and other upgrades, showing its optimism that the industry will recover and return travel demand, and the following month the Emirates received delivery from its 123 Airbus A380 aircraft. Giant explosions though omicron mutant.
Most recently in January 2022, Boeing revealed that it had won a large order from Qatar Airways worth $ 34 billion at list prices, which includes the purchase of 25 Boeing 737 MAX 10 aircraft with options to purchase another 25 aircraft. Qatar national airline as well. signed an order for 34 Boeing 777X aircraft with options for another 16 aircraft.
Meanwhile, Saudi Arabian Airlines (Saudi Arabia) is reportedly considering ordering more than 100 aircraft from Airbus or Boeing, according to Mordor Intelligence, with the company aiming to increase its fleet to 250 aircraft by 2030.
Now in its 29th year, the live version of the exhibition will be held in collaboration with the World Trade Center in Dubai and the Dubai Tourism and Trade Marketing Department from Monday 9 May to Thursday 12 May 2022 on of Dubai World Trade. Center, and a virtual version of the event will be held again Similar to the 2021 edition of the exhibition next week of its participation version on Tuesday 17th and Wednesday 18th May 2022.