OEMs Banking On Strong Middle East Traffic Growth | Aviation International News

OEMs Banking On Strong Middle East Traffic Growth

Region's carriers adding 8 percent more seats per year through 2022.

By Sean Broderick

November 9, 2017

The Middle East’s surging traffic growth has been a boon for Airbus and Boeing, as both manufacturers have racked up scores of orders—most of them for widebodies—with the region’s carriers. Order backlogs show that airlines in the region remain optimistic, but even a slight wobble in growth could lead to fleet-strategy changes, an analysis by Canaccord Genuity concludes.

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