Boeing predicts Middle Eastern airlines will add more than 3,000 airplanes over the next 20 years, 70% for fleet growth. Nearly half the new aircraft will be widebodies, double the widebody share of other markets. The OEM sees traffic growing at 6.2% annually in the region. So with only 5% of global traffic now, the Middle East would require almost 10% of new aircraft. That represents a lot of MRO and possibly new MRO facilities. Roughly two-thirds of the region’s $5 billion in ...

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