The Middle East's aircraft fleet is expected to more than double in size to 3,700 by 2044, says Airbus. The region will require 4,080 new passenger aircraft deliveries over the next 20 years, according to the company.
The European planemaker expects passenger traffic in the Middle East to grow at a compound annual rate of 4.4% over the next two decades. Airbus also expects the services market in the region to double to US$29.9 billion by the end of 2044.
According to the company's Global Market Forecast 2025 for the region, the Middle East is one of the fastest-growing aviation markets over the next two decades. The region’s in-service fleet is set to increase from 1,480 aircraft in 2024 to 3,700 by 2044. The increase is due to rising travel demand, economic strength and the region’s strategic geographic position.
The Middle East will require 4,080 new passenger aircraft deliveries over the next 20 years, the forecast says. This will include 2,380 single-aisle jets. Widebody aircraft will make up 42 per cent of total demand in the region by 2044 -1,700 - representing the highest share globally.
“The Middle East is transforming global aviation, and the forecast fleet expansion is truly significant, particularly when it comes to wide bodies. This region is becoming the long-haul hub now and into the future. Airbus is proud to be partnering closely with customers in the region, delivering the most efficient, latest-generation aircraft, end-to-end support, and sustainable solutions,” said Gabriel Semelas, President of Airbus in Africa and Middle East region.
Airbus forecasts the need for more than 265,000 people to be employed in the sector over the next two decades. This includes 69,000 new pilots, nearly 64,000 new technicians and 132,000 cabin crew.
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