Today: 7 October 2025
5 March 2024
2 mins read

Middle East’s Aircraft Service Market Set to Skyrocket

The Middle East boasts five of the globe’s largest aviation hubs, such as Dubai and Abu Dhabi, collectively handling over 10,000 long-haul travelers every day, signaling significant growth potential for the region…reports Asian Lite News

The commercial aircraft services market in the Middle East is projected to more than double by 2042, reaching a value of $28 billion from the current $12 billion, According to Airbus’ latest Global Services Forecast (GSF).

This expansion, growing at an average annual rate of 4.4%, surpasses the global average growth of 3.6%.

With five of the world’s largest aviation cities located in the Middle East, including Dubai and Abu Dhabi, which together serve more than 10,000 long-haul passengers daily, the region is poised for substantial growth. Airbus anticipates 3,120 new passenger and freight aircraft deliveries over the next 20 years.

Driven by the rise in annual air traffic – set to increase by 4.6% in the Middle East – and the requirement for more digitally-enabled and connected aircraft, the growth in demand for services will be reflected in sustainable solutions implemented across all phases of the aircraft lifecycle including training, aircraft modernisation as well as fleet maintenance.

Airbus expects the market for ‘Maintenance’ to grow from US$ 10 billion to US$ 23 billion. Meanwhile the market for enhancements and modernisation is set to register the biggest average annual growth (5.5%) across the categories between 2023 and 2042, from $1.3 billion to $3.6 billion. This is driven specifically by cabin and system upgrades, which will be in particularly high demand until 2030 as part of fleet modernisation.

The market for training and operations is expected to double in 2042, reaching $1.6 billion. Recognising the sector’s significant progress and strength of the Middle East’s economy (GDP) – forecast to expand by 2.3% annually – regional governments are also investing in localising MRO (maintenance, repair and overhaul) services by developing infrastructure and enhancing job opportunities, education and training.

As a result, Airbus anticipates a further 208,000 highly skilled professionals in the Middle East over the next 20 years, comprising 56,000 new pilots, 52,000 new technicians and 100,000 new cabin crew members.

Offering material, engineering and maintenance solutions in the region, Airbus is a major player in the industry, with customers who trust its OEM expertise in enhancing aircraft availability through flight hour services (FHS), across various programs.

Taking place from 5 – 6 March 2024 at Dubai World Trade Centre (DWTC), Airbus executives will be highlighting some of the key trends in the industry and latest opportunities.

Among the speakers, Gregoire Demasures, Head of Upgrade Marketing and Sustainability Solutions at Airbus, will take the stage to delve into the topic of sustainability within the MRO domain. Scheduled for March 6 at 1:50 pm, Demasures will explore the current landscape and future prospects of sustainability initiatives in the industry.

ALSO READ: UAE Extends Additional Cut of 163K BPD

ALSO READ: Pharmaceutical Giants Ink Middle East Deal

Previous Story

Kabul Bets Big on Iran’s Chabahar Port, Eyes Bolstering Ties

Next Story

Sunak warned not to deport Afghan allies to Rwanda

Latest from Arab News

OCTOBER 7: Stop the Violence Now, Says Guterres

Guterres recalled that “the attackers brutally killed more than 1,250 Israelis and foreign nationals….reports Asian Lite News UN Secretary-General Antonio Guterres urged an immediate halt to the violence in Gaza, Israel, and

Piyush Goyal Heads to Doha for Trade Talks

During the visit, both sides are expected to discuss the proposed India–Qatar Free Trade Agreement (FTA)….reports Asian Lite News Union Commerce and Industry Minister Piyush Goyal will travel to Doha, Qatar, on

Hamas Heads to Egypt for Gaza Talks

The negotiation will focus on the details of enacting the first phase of the plan…reports Asian Lite News A delegation from the Palestinian group Hamas arrived in Egypt on Sunday ahead of

GAZA: Egypt to Host Peace Talks

Egypt hopes the discussions will help “end the war and the suffering of the brotherly Palestinian people, which has continued for two consecutive years…reports Asian Lite News Egypt will host Israeli and
Go toTop

Don't Miss

Middle Eastern and Asian Investors Steer Clear of US

Concerns among Asian and Middle Eastern investors centre on the

China’s Weakness in Middle East

Hopes of future Chinese influence in the Middle East are