New PRO Memo: Long-term transport growth bodes well for Middle East airlines, airports

Global air transport is well-positioned for long-term growth over the next two decades, according to recent UN and industry forecasts, and the leading Middle East and North Africa airlines and airports should benefit greatly.

The "Big Three" aviation country powerhouses — the UAE, Qatar and Turkey — will continue to grow while facing deepening competition from an ambitious Saudi Arabia. Meanwhile, low-cost carriers will continue their rise and the competition for increasingly lucrative air cargo dollars will intensify.