The Middle East will require $745 billion in aviation services through 2037 to keep up with growing passenger and cargo traffic in the region, according to Boeing.
A report on Monday from Boeing Global Services, a unit under the American aircraft manufacturer, said the demand for services will be driven by a need for nearly 3,000 new commercial aircraft in the Middle East over the next 20 years.
Over the same time period, the Middle East will require 218,000 new personnel – 60,000 pilots, 63,000 technicians and 95,000 cabin crew.
“The Middle East is an unmatched location to connect the growing markets of Asia, Europe and Africa,” said Ihssane Mounir, the senior vice president of commercial sales and marketing for Boeing. “This feeds the appetite in the region for new commercial airplanes and the services to operate and maintain those jets.”