The next 20 years are looking very promising for the aviation sector in the United Arab Emirates, according to a new forecast that was published on Sunday.
By 2039, the number of aircraft that serve the country will have trebled because of growing demand for an increase in passenger seats as well as an expansion of tourism, the ‘2019 Airbus Global Market Forecast’ predicts.
The forecast predicts that passenger traffic in the UAE will grow by as much as 5.8% every year over the course of the next two decades.
The fleet size of the operators that serve the nation from every region will increase to approximately 1,730 by the year 2038 in comparison to the 2019 number of 630 – nearly triple the current figure.
This will include 750 in the small aircraft category in addition to 980 large and medium aircraft to serve the market in the UAE by the same year.
The aircraft manufacturer is also predicting that the fastest-growing route networks in the next 20 years will be UAE-India, Saudi Arabia-UAE, UAE-UK, UAE-Pakistan and UAE-Egypt.
It also predicts that the highest growth will be experienced by Asia Pacific, which will increase 3.6 times to more than 80 million passengers from its current 20 million plus figure by 2038.
This will be followed by the Middle East with 2.8 times growth, Europe with 2.5 times growth, and Africa with 3.4 times growth.
In 2019, five of the biggest aviation cities in the world are located in the Middle East, including Abu Dhabi and Dubai.
That number is set to increase by more than twice as much again to 11 over the course of the next two decades to include cities such as Kuwait City and Muscat.
The UAE will be a massive market in the future, according to the senior vice president for market forecasts and business analysis Bob Lange.
Smaller aircraft will likely catch up, but the business will remain relatively balanced, Lange says.
The UAE and the Middle East in general are practically at the centre of the world, which is why the region’s overall outlook is so bright, according to Lange.
It is possible to get almost anywhere else in the world within eight to 10 hours from the Middle East, which means that large aircraft will be able to serve between hubs, while smaller aircraft can be feeding them via domestic traffic.
In a presentation that took place at the Dubai Air Show 2019, Lange noted that commercial aviation will be a key enabler to tourism’s continuing position as a vital sector of growth for the Middle East.
Tourism’s contribution to the GDP of the Middle East is almost at 9% already, according to World Travel and Tourism Council figures.
Anyone who intends to fly to or from the UAE should take out travel insurance beforehand.
Travel insurance means that customers will not be overly adversely affected by unexpected occurrences such as stolen personal items or cancelled flights.