The International Air Transport Association (IATA) has projected a robust long-term aviation growth outlook for Egypt, forecasting an annual passenger traffic increase of up to 3.8 per cent through 2050, outpacing the global average of 3.1 per cent.
IATA’s long-term passenger traffic outlook for Egypt shows that in the mid-range scenario, demand is forecast to grow by 3.4 per cent annually from 2024 to 2050. This places Egypt above the global average growth rate (3.1 per cent) over the long horizon. In the high-range scenario, demand is forecast to grow by 3.8 per cent annually.
Egypt has a strong aviation growth potential that can underpin prosperity.
The opportunity is clear: more connectivity, more jobs, more trade, and more tourism
“Egypt has a strong aviation growth potential that can underpin prosperity. The opportunity is clear: more connectivity, more jobs, more trade, and more tourism. Airlines are investing for growth, and the regulatory environment must keep pace. That means infrastructure that is efficient and cost-effective, regulation that follows global standards, and policies that keep aviation sustainable. IATA is working with the Government of Egypt and industry partners to ensure aviation can deliver its full economic and social value,” said Nick Careen, IATA’s Senior Vice President Operations, Safety and Security.
Egypt is investing in and partnering on airport and Air Navigation Service Provider infrastructure, including major airport developments at Cairo International Airport, Alexandria International Airport and Sphinx International Airport.