Saudi Arabia’s Aviation push ambitious but achievable News

Saudi Arabia unveiled its new aviation strategy in May 2022, which aims to achieve 330 million passengers by 2030 as well as 4.5 million tons of cargo. This compares with about 100 million passengers in 2019 and 88 million achieved in 2022. The support for implementing this strategy will come greatly from the country’s public finances (including the sovereign wealth fund), which will enable the development of infrastructures and assets in this capital-intensive sector.

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