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Saudi Arabia Aims To Expand Aviation Sector to USD2B by 2030

Saudi Arabia Aims To Expand Aviation Sector to USD2B by 2030

The kingdom envisions leveraging its unique assets to position itself as a premier business and tourist destination.

– Saudi Arabia unveils a strategy to grow its general aviation sector to contribute $2 billion to the GDP by 2030, marking a tenfold increase.

– The General Aviation roadmap targets various segments including business jets, charter, private, and corporate jet travel to support the kingdom’s development as a high-value business and tourist destination.

Saudi Arabia is poised to undergo a significant transformation in its general aviation sector, with plans to increase its contribution to the GDP tenfold, reaching $2 billion by 2030. 

This ambitious initiative is part of a new strategy outlined in the General Aviation roadmap, designed to bolster various segments including business jets, charter, private, and corporate jet travel. 

The kingdom envisions leveraging its unique assets to position itself as a premier business and tourist destination, aligning with its revised tourism target of accommodating 150 million visitors by 2030, up from the initial goal of 100 million set in October 2023.

Key to the roadmap’s success is the facilitation of operators and service providers through strategic infrastructure investments and regulatory streamlining.

This approach, spearheaded by the General Authority of Civil Aviation (GACA), seeks to create an enabling environment conducive to the growth and development of the general aviation industry. 

The launch of the roadmap at the Future Aviation Forum (FAF) marks a pivotal moment in Saudi Arabia’s aviation landscape, signaling a concerted effort to capitalize on the sector’s potential for economic diversification and expansion.

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