MIAMI – According to Oliver Wyman’s fleet and latest MRO forecast, the number of commercial aircraft in the Middle East region will go up by 2% in the next five (5) years.
Furthermore, despite the grounding of a large number of aircraft during the pandemic, under 400 during that period, the number is estimated to reach more than 2,300 by 2031.
The Middle-East region was impacted severely by the pandemic and airline losses increased dramatically. The Arabic region shares a unique environment of mostly state-owned carriers, which seem to be financially protected by their governments.
At the same time, the early read more ⇒
Source:: “Airways Magazine”