Mideast carriers to need over new 1,900 aircraft by 2033: Airbus
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Mideast carriers to need over new 1,900 aircraft by 2033: Airbus

Mideast carriers to need over new 1,900 aircraft by 2033: Airbus

Airbus has estimated that Middle Eastern airlines will need around 1,963 new passenger and cargo aircraft, valued at $408bn, over the next 20 years, Gulf Times has reported. Passenger traffic in the region will increase by 6.2% annually over the next 20 years, with airline fleets expected to grow nearly three times by 2031 to meet this demand, said Andrew Gordon, Airbus director, Strategic Marketing and Analysis. Additionally, Airbus predicts that some 57 new production freighters will be delivered to the region's airlines over the next two decades, while many of the aircraft will be converted from passenger models. The later represents a growth of 2.2 times the size of the current fleet in the region, he said.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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