Middle East airlines to order nearly 3,000 jets by 2040

DUBAI : Airlines in the Middle East are planning to double their fleet size to nearly 3,000 commercial jets valued at $765 billion over the next 20 years, major supplier Boeing said.

“With air travel and tourism continuing to drive Middle Eastern economic growth, the region’s passenger traffic and commercial fleet are projected to more than double over the next two decades,” Boeing said.

According to Boeing, the airlines operating in the Middle East region would require 3,020 new passenger and freight aircraft deliveries by 2040. 

Based on demand, wide-bodies will account for 43%, the highest proportion of any region, Boeing said in its Commercial Market Outlook (CMO).

Boeing also expects a 4% growth in passenger traffic annually – after the Covid-19 pandemic almost completely shut down the aviation business around the world. “The region, however, has shown a faster recovery compared to other markets,” said Randy Heisey, Boeing’s managing director of commercial marketing for the Middle East and Africa region.

The total number of international (inbound and outbound) flights at the airports of the Sultanate of Oman (Muscat, Salalah and Sohar) by the end of June 2022 surged by 131.2 percent to reach 26,382 flights.

Middle Eastern airlines’ traffic rose 246.5% in June compared to June 2021. June capacity rose 102.4% versus the year-ago period, and load factor climbed 32.4 percentage points to 78.0%. 

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