gulfnews : Region's aviation growth to top 10%

As air travel grows steadily in the Middle East and aircraft orders by Gulf carriers surge, the region's commercial aviation sector is set for annual growth of 10 per cent for years to come, according to a new study.

In its combined analysis of Middle East and India aviation markets, Official Airline Guide (OAG) — the UK-based aviation research firm providing global aviation intelligence data — reveals that the Middle East, along with India, will account for 11 per cent of the world's aircraft deliveries over the next decade.

Tthis growth in the two markets will be supported by a steady increase in inbound tourism, massive airport development and investor confidence in this sector, with India set to grow annually at 9 per cent over the next several years.

* username: rupertbu