Middle East market outlook

I’ve been in Dubai, presenting Boeing’s view of the market for the Middle East.

We had a very successful media roundtable, including journalists from Dubai, Qatar, Kuwait, Saudi Arabia and a number of regional publications.

You can take a look at our forecast here. Of course we’ll be updating the entire Current Market Outlook in July before the Farnborough Air Show.

Comments (3)

Alessandro (European Union.):

I think they handled the ashcrisis well, rather than many other carriers from other parts of the world.
Even though costly, the ME carriers could benefit from this in the long run.

Norman (Long Beach, California, United States):

I think the demand for new aircraft in the Middle East is strong and will get stronger in the immediate future as the economy in the region pushes ahead from the recession. I am glad Boeing realized the sales potential in marketing the 777 and the 787 in the early and the middle of the last decade in which without the necessary marketing the region would have been almost exclusively Airbus.

P.Sumantri (France):

In the 80's and early 90's, many, if not all, flights between Asia and Europe stopped to refuel at Bahrain, Doha or Dubai. Slowly the traffic through this region faded because more direct flights between Asia and Europe became possible with the 747-400. But that's before the rise of Middle-East airlines like Emirates or Qatar.

Today, Middle-East airlines utilize their hub's geographic situation to connect many parts of the world, especially between South Africa, South Asia, South East Asia and Europe (Click here).
It is interesting to note that despite the payload-range capability of modern twins, traffic between Asia and Europe that transit via Middle-East airports like Dubai is increasing.

However, I think the recent buying spree by Middle-East airlines will calm down a little bit in the next several years. In my humble opinion, many of the orders were destined to serve the same market. Perhaps they will have to eliminate some redundancies there.

There also is a possibility that major European airlines will strike back and offer more convenient direct flights between Asia and Europe using the latest generation widebody like the 787 or the A350XWB. Who knows?

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