Massive airport development projects, unprecedented airline expansions and ever-soaring traffic are turning the wider Middle East into an aviation supplier's dream.

US$40 billion has been earmarked for the development of aviation infrastructure across the Middle East, Africa, Indian Subcontinent and CIS. The construction of brand new airports, new terminals, concourses, runways and the modernization of existing passenger handling, security and cargo facilities have been fuelled by a marked increase in tourist arrivals, airline expansions and competition among regional aviation authorities.

This current boom is no temporary phenomenon however, with future business potential for airport industry suppliers set to gain momentum in the years ahead.

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Posted by rjorr at June 5, 2006 4:38 PM