Market Outlook•
Beyond Traditional Aviation: Growth of Air Mobility & Logistics in Saudi Arabia
Under Vision 2030, driven by the growth of air mobility and logistics in Saudi Arabia, its aviation sector is set to contribute $74.6 billion to its GDP by 2030. This represents a significant uplift from the $21.3 billion recorded in 2018. By 2025, Saudi Arabia is forecast to be the world’s second-fastest-growing economy, necessitating the development of a strong airline sector as millions of passengers take to the skies. A well-developed air transport sector is an indicator of the overall […]