MIDDLE EAST AVIATION
The size of Middle East’s aviation market in 2037
The Middle East is forecast to see an extra 290 million air passengers on routes to, from and within the region by 2037. The International Air Transport Association (IATA) said in a new report that demand in the region will grow strongly with a compound annual growth rate (CAGR) of 4.4 percent. The total market size will be 501 million passengers by 2037, IATA said.