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Aviation significantly boosts Egypt's GDP and job market, says IATA report

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Aviation significantly boosts Egypt's GDP and job market, says IATA report
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Sandrine Le Borgne Senior Vice President Corporate Services & CFO | International Air Transport Association - IATA

Amman — The International Air Transport Association (IATA) has published a study examining the economic and employment contributions of aviation, including aviation-related tourism, to Egypt's economy. Data from 2023 indicates that aviation accounts for USD 21.1 billion in economic activity, representing 5.3% of Egypt’s Gross Domestic Product (GDP). The sector also supports 1.4 million jobs, including 32,800 direct jobs in airlines, and handled 338,600 tonnes of air cargo.

"Aviation is a key contributor to Egypt’s economy. Directly and through its well-developed tourism industry, aviation supports nearly 1.4 million jobs. And over 5% of Egypt’s GDP has close links to aviation. Importantly, the Egyptian government is using the aviation sector as a strategic enabler for its economic and social development. I was encouraged by the Minister of Civil Aviation’s reaffirmation of the government’s commitment to continued close collaboration with IATA in order to further expand aviation’s benefits to Egypt—guided by global standards and best practices across all areas of aviation, including safety, sustainability, cost-efficiency, skills development, and more," stated Kamil Alawadhi, IATA’s Regional Vice-President for Africa and Middle East. This was following a meeting with Dr. Sameh Elhefny, Egypt's Minister of Civil Aviation.

IATA has identified three key priorities for Egypt to enhance the benefits derived from aviation. One of these is cost-efficiency. As the country invests in infrastructure like Cairo International, Borg El Arab, and Sphinx International airports, IATA advises the government to collaborate with airline users to adhere to global best practices. This collaboration is intended to prevent unnecessary financial burdens on airlines and passengers.

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Sustainability is also a significant focus. IATA is pleased with Egypt’s cooperation with the European Bank for Reconstruction and Development, aiming to produce 120,000 tonnes of Sustainable Aviation Fuel (SAF) annually. This project supports Egypt’s Vision 2030 and aligns with the global target of net-zero carbon emissions in the aviation industry by 2050.

Capacity-building is the third priority. Developing a skilled aviation workforce is vital for growth. Three areas of focus include technical operations, digital transformation, and sustainable practices, which are seen as essential for strengthening safety, efficiency, and resilience in the long term.

For additional inquiries, contact Corporate Communications.

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