Asian Aviation
A new study by Airports Council International (ACI) World shows that Asia-Pacific and Middle East airports will have to develop new greenfield airports and invest to modernize and expand existing airport infrastructure in the next 20 years to meet future air passenger growth. The Global Outlook of Airport Capital Expenditure forecasts a capital need of US$1.3 trillion for Asia-Pacific airports, accounting for 54 percent of the global requirement. Middle East airports will need US$151 billion in capital expenditure, or 6 percent of the global requirement. The projections incorporate the need to align capacity expansion projects with sustainability and decarbonisation goals.
