Airbus and Boeing forecast continued strong ordering in the Middle East
There is little doubt that the Middle East will become a centre of increasing importance in aviation over the next 20 years. The confluence of economic growth, local governments with ambitious air transport development plans and its favourable geographic location are fast turning the region into a next generation global long-haul hub. Long-term forecasts from Airbus and Boeing put the region's RPK growth for the next two decades at 6.6-6.9% p/a, better than a third ahead of the world average forecast of 4.7-4.9% p/a. With this amazing development expected, the Middle East is taking on increasing importance to the major aircraft manufacturers. Both Airbus and Boeing have released updated global market outlooks, forecasting continued significant ordering from the region.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.