Aviation and tourism's share to #UAE GDP seen at $128 billion in 20-years: IATA - Reuters

Aviation and tourism's share to UAE GDP seen at $128 billion in 20-years: IATA - Reuters:

The share of the aviation and tourism sector in United Arab Emirates’s (UAE) economy will more than double in the next two decades to $128 billion, an official of the International Air Transport Association (IATA) said on Tuesday. 


Currently they contribute $47.4 billion to the UAE’s gross domestic product (GDP), accounting for 13% of its GDP, said Mohammad Albakri, regional vice president of Africa & Middle East at an IATA event.

UAE’s aviation and tourism market is likely to support 1.4 million jobs in the next 20 years, from 800,000 jobs now, he said.