Middle East ‘may need more than 2,500 aircraft by 2030’

Boeing forecasts that airlines in the Middle East will need an estimated 2,520 aircraft — worth $450bn (£280bn) — by 2030.

The forecast comes as the region’s carriers continue to surpass global air traffic and capacity growth rates.

Boeing estimates that the Middle East’s fleet of passenger aircraft will grow from a current fleet of 1,040 to a projected 2,710 — an increase of 160 per cent.

Thirty four per cent of the projected demand will be for aircraft to replace current ones, while 66 per cent will be part of fleet expansion plans as the region’s airlines gear up for significant growth over the next two decades.