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Classified in: Transportation
Subjects: Product/Service, Economic News/Analysis

Competition & Disruption Set to Intensify as Middle East Aviation Enters Next Wave of Transformation


The next wave of rapid transformation may see some aviation markets triple in size in the next decade according to data from OAG in its latest industry report ?Middle East Aviation: Transformation, Growth and Future Challenges' but there are still new challenges ahead.

The report has been released to coincide with this week's Arabian Travel Market (ATM) and highlights future developments set to unfold in the world's sixth-largest market, which signify potential disruption and intensified competition in the years to come.

Key Highlights Include:

Middle East aviation has experienced astounding growth with the fastest-growing country markets including Qatar (12.5% AAGR), United Arab Emirates (9.3%) and Saudi Arabia (6.5%). With airline capacity of 718bn ASKs in 2024 compared to 124bn in 2000, growth is set to continue as this exciting market now enters its next phase, bringing both rapid growth and market complexity.

Visionary investment in Saudi Arabia has set in motion the creation of new service industry sectors, which should see the country bring airline passenger volumes in line with other regional markets. Whilst the target is ambitious, achieving such a number is becoming increasingly challenging as the aviation sector faces a series of supply challenges.

Download full report here.

About OAG
OAG is the leading data platform for the global travel industry, powering the growth and innovation of the air travel ecosystem. It has the world's largest network of flight information. In 2023, OAG acquired Infare, the leading provider of competitor air travel data, empowering airlines and other travel industry players to make effective pricing decisions. Headquartered in the UK, with operations in the USA, Denmark, France, Germany, Singapore, Japan, China, and Lithuania.

For more information, visit oag.com


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