The Middle East and Asia-Pacific (MEAP) regions have transformed into a major international hub and are expected to account for 58 per cent of the global air passenger demand by 2040, organisers of an Airport Show here cited recent surveys as showing.
According to a statement released on Monday, the airport industry’s growth story is set to continue as new airports are coming up and existing facilities are getting expanded and upgraded to meet future passenger demands.
With over 110 airports, this is already among the fastest growing in the world, accounting for 170 million of the global traffic, it said.