Saudi Arabia is poised to unveil a landmark General Aviation Roadmap, targeting a tenfold increase in the sector’s GDP contribution to $2bn by 2030. This ambitious plan is set to transform the country’s aviation industry, driving growth in business and tourism.

The General Authority of Civil Aviation (GACA) will unveil the roadmap at the upcoming Future Aviation Forum 2024, held under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. The event, themed “Elevating Global Connectivity,” takes place from May 20-22, 2024.

Boosting the General Aviation Sector’s GDP Contribution

The roadmap aims to significantly increase the general aviation sector’s contribution to the GDP, targeting a tenfold growth to reach $2bn by 2030. This encompasses the business aircraft sector, including private charter flights and corporate aviation, supporting aircraft owners, investors, operators, and service providers.

Strengthening Saudi Arabia’s Position as a Global Destination

This roadmap further strengthens the Kingdom’s position as a world-class destination for business and tourism. The country revised its national tourism target in October 2023, aiming to attract 150m visitors by 2030, up from the previously set goal of 100m.

GACA President Abdulaziz Al Duailej emphasized the importance of the general aviation sector for fostering high-value segments of the Saudi economy, such as tourism, business events, and entertainment.

Recent Measures to Boost the General Aviation Sector

This announcement follows recent measures by GACA to boost the general aviation sector. In October 2023, GACA removed “empty-leg” restrictions, streamlined economic licenses for air transport operations, and relaxed requirements for airport operators and investors.

The Future Aviation Forum: A Global Summit

The Future Aviation Forum gears up for a global summit, bringing together over 5,000 aviation leaders from more than 100 countries. Ministers, manufacturers, airline representatives, and airport executives will convene for key announcements, agreements, and deals. Dedicated discussions will delve deeper into this critical industry segment.


Discover more from JobXDubai

Subscribe to get the latest posts sent to your email.

Leave a comment

Trending