Saudi Arabia

Saudi Arabia one of the largest aviation market in the Middle East 

• Vision 2030:
• • 330 million annual passengers capacity required at Saudi airports by 2030
  • Saudi Arabia's vision to make Riyadh one of the world's ten largest urban economies by 2030
  • Saudi Arabia aims to become a leading nation in aviation and plans a new airport in Riyadh for 120 million passengers by 2030
  • further airport project like Neom already adopted 
• Airspace successively opened up further
• new national airline was founded in 2022 - investment of approx. 30 billion €
• LINK: Further Informations

Market overview

• 2023 over 100 Mio. Passengers
• over US$ 130 billion in transport related projects
• 149 destinations globally

Trends

• Electrification/decarbonization
• Automation
• Biometrics
• Digitalisation 
• Optimization of processes