Ground Handing Industry To Benefit From Middle East Aviation Boom

Dec. 29, 2014
Arab Air Carriers Organization says the number of passengers flying through Arab airports will grow to 571 million by 2026.

The multi-billion dollar expansion of airports and airline fleets in the Middle East has set off immense growth prospects for the ground handling industry players with both airports and airlines operators keen on acquiring latest technologies to meet the rising air traffic and ensure greater efficiency, performance and profitability amidst stiff competition.

A CAPA study suggests nearly $60 billion was being spent on airport developments in the Middle East region. A substantial portion of regional airports' expansion budgets has been earmarked for airside facilities development.

More details here.