Business aircraft deliveries to the Middle East, including business turboprops and jets, are expected to total 141 over the 10-year period from 2024-2032, with a value of $9.1 billion, according to Aviation Week Network’s 2024 Business Aviation Fleet & MRO forecast.
Demand for maintenance, repair and overhaul services, meanwhile, is expected to exceed $2.8 billion over the 10 years, with an expected more than 330 MRO service events predicted, the forecast says. The forecast comes ahead of the Dubai Airshow, which runs Nov. 13-17. The show will feature more than 1,400 exhibitors and more than 180 commercial, private and military aircraft along with advanced air mobility aircraft on display.
Business aircraft deliveries to the Middle Eastern region during the decade are expected to grow the in-service fleet to 480 with a compound annual growth rate of 2.27%, the forecast predicts. Shipments to the Middle East are expected to account for just 1.2% of the world’s business aircraft deliveries during the decade, according to the forecast.
The vast majority of deliveries to the Middle East, 90%, are expected to be in the ultra-long-range jet segment, followed by light jets at 4%, single-engine turboprops at 4% and large cabin jets at 2%.
Gulfstream is expected to deliver nearly half of all business aircraft during the 10-year period with 49% of the shipments, followed by Bombardier Global jets, Dassault Falcon jets and Textron Aviation Cessna Citations.
By type, the top five deliveries are expected to include the Gulfstream G700, Gulfstream G600, Gulfstream G800, Bombardier Global 6500 and the Bombardier Global 8000, according to the forecast.
The Middle East accounts for more than 11.5% of total worldwide MRO demand. The region’s in-service business aviation fleet includes 107 aircraft originally built for commercial use, such as the Boeing 737, Airbus 330 and Embraer ERJ, that have been converted to private or business aircraft, the forecast says.
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