Quantcast

Aviation sector boosts UAE economy with $92 billion contribution and job creation

Engine maker agrees to compensate WizzAir for grounded planes
Turkish Airlines’ flights are riddled with bedbugs, passengers say
British Airways frequent flyers react to Executive Club changes
China steps up drive to break Boeing, Airbus grip on plane market
Heathrow’s New York service clings to spot in top aviation routes
Airline praises pilots in crash-landing where both died but nearly half the passengers survived
Mexico state airline to buy five Embraer planes next year
A record number of people are expected to fly over the holidays. That's good for travel stocks, but not for passengers.
American Airlines technical issue sparks travel chaos on Christmas Eve as flights heavily delayed after being grounded
Why United Airlines has had such a stellar year despite being Boeing's biggest customer
JetBlue nixing routes between multiple major cities, reducing several others
Airline Stocks Led The Travel Industry's Record 2024 Rally. Here's What's Next.
It’s beginning to look like another record for holiday travel
Qatar Airways cleans up at the World Travel Awards
All of the strikes at European airports this winter – find out if you are affected
Meet the CEO trying to turn around Air India, the 92-year-old airline with a pile of problems
Skiplagging: Unpacking the Risky Travel Trend That Involves Tricking Airlines
Qantas engineers walk off job on one of the busiest travel days of the year
South Korea to safeguard competition after Korean Air, Asiana merger
China Southern returns to Adelaide
Global Airline Industry Revenues Forecast To Top $1 Trillion For First Time In 2025
EasyJet to launch six new routes from the UK next year with £24 flights
Here's Why Analysts Say It's a Good Time to Buy Airline Stocks
A No-Frills Airline Is Getting Into the Premium Game
TAKING OFF: Major airline introduces new inflight service rules with less time to order your drinks
2 Delta flight attendants fail breathalyzer test before flight to JFK
EasyJet reveals plans for new flights from regional UK airport next summer
Airlines not switching quickly enough to green jet fuel, study says
Alaska Airlines tech issue briefly grounds planes in Seattle, disrupts bookings on Cyber Monday
US Senate panel criticizes rising airline seat fees, will call execs to testify
Aviation sector boosts UAE economy with $92 billion contribution and job creation
Research
Webp na2wfjoh09m28htnmhrtmqx4tqzp
Muhammad Albakri Senior Vice President, Financial Settlement & Distribution Services | International Air Transport Association

The International Air Transport Association (IATA) has released a study documenting the economic contribution of aviation to the United Arab Emirates (UAE) during 2023. According to the study, aviation and related tourism activities generated $92 billion for the UAE, accounting for 18.2% of the nation's GDP. Furthermore, the sector supported around 992,000 jobs, including those related to the supply chain, employee spending, and tourism.

IATA's Director General Willie Walsh emphasized the sector's significant economic and cultural impact on the UAE. "The UAE is a critical hub for global connectivity. And the benefits of its super connector role bring trade, tourism, investment, and jobs to the UAE. The leadership of the UAE has a strategic vision for aviation, supported by smart regulation and investment in world-class infrastructure. Supporting nearly a million jobs and 18.2% of GDP, aviation makes an enormous contribution to the UAE’s prosperity—both culturally and economically. And we can be confident that this contribution will strengthen as the UAE continues to facilitate opportunities for aviation to thrive," Walsh stated.

The UAE is positioned to strengthen its leadership in the aviation sector by focusing on three key priorities:

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

In sustainability, the country aims to produce 700 million liters of Sustainable Aviation Fuel (SAF) annually by 2030. The UAE has been proactive in the development of Low Carbon Aviation Fuel (LCAF) and has recently launched a SAF Registry, operated by CADO.

In terms of infrastructure, the UAE continues to invest in new developments such as Al Maktoum International Airport and Zayed International Airport. These investments are intended to maintain the competitiveness of the UAE as a hub for airlines and passengers.

The country is also investing in aviation training to ensure a sustainable pipeline of professionals capable of supporting future growth. A new IATA training center has been opened in Abu Dhabi as part of these efforts.

Organizations Included in this History
More News

Panasonic Avionics Corporation has announced a new agreement with Ethiopian Airlines to equip the airline's upcoming Boeing 777X fleet with its Astrova in-flight entertainment solution.

May 10, 2025

Earlier today, the Fifth Circuit Court of Appeals issued a decision in favor of Charlene Carter, a flight attendant who had filed a case against Southwest Airlines and the Transport Workers Union (TWU) Local 556.

May 9, 2025

Delta Air Lines and Korean Air have announced plans to enhance their partnerships with WestJet by acquiring minority equity stakes in the Canadian airline.

May 9, 2025

First Officer Jeff Miles realized a lifelong dream when he joined his mother, Captain Michelle Miles, in the cockpit of an Alaska Airlines flight from Seattle to Kahului, Maui.

May 9, 2025

What a wonderful surprise occurred at the Flying Food Group IAD facility when the team from Prologis Plaza in Sterling, VA, organized an ice cream truck visit.

May 9, 2025

AMS Aircraft Recovery has introduced a new Disabled Aircraft Recovery Dolly, designed to facilitate the swift and efficient recovery of disabled aircraft.

May 8, 2025