Low-cost-carriers driving growth in Saudi Arabia, says report
CONSUMER NEWS
The General Authority of Civil Aviation (GACA) has announced outstanding progress in the Kingdom of Saudi Arabia’s air traffic performance in 2023 with a significant growth in flights, passenger numbers and connectivity.
The low-cost-carriers (LCC) have driven growth in the kingdom, increasing their domestic market share to 44% , according to GACA.
The significant rise stresses the evolving preferences of travellers in the domestic market, and greater competition, choice and value on offer within the market. Internationally, the LCC’s market share has also doubled from 16% pre-pandemic to 32% in 2023, it stated.
A record 112 million passengers and 815,000 flights were recorded in Saudi Arabia in 2023, thus registering a 26% jump over 2022 figures and 8% above 2019 levels.
Madinah Airport has announced an expansion to double in size to 17 million passengers, with Saudia also announcing an expansion of Madinah operations to service the province, it added.
Announcing its record-breaking 2023 air traffic performance, GACA said as a result of the measures being implemented through the Saudi Aviation Strategy, the kingdom saw the total number of flights increase 16% from 701,290 to 814,995 and the number of passengers rise 26% from 88 million to 112 million in 2023, well above pre-pandemic levels.
In addition, 2023 saw Saudi Arabia expand its air connectivity to reach 148 destinations with at least 52 flights to and from the kingdom, it added.
GACA President Abdulaziz Al Duailej said: "The exceptional 2023 air traffic figures are a testament to the strategic vision reflected in the Saudi Aviation Strategy, positioning the Kingdom to lead in the Middle East. Saudi Arabia is now more connected to the world than ever before, delivering record double-digit growth in flights and passengers carried during 2023."
The 2023 performance figures were announced alongside several further growth initiatives at the 12th Saudi Aviation Strategy Steering Committee in Madinah.
Al Duailej said Madinah Airport had announced a masterplan expansion that will double capacity from 8 to 17 million passengers per annum. Saudia announced that it will expand operations at Madinah airport, providing dedicated aircraft and greater capacity to support pilgrims and other travellers.
"Saudi Arabia is creating unprecedented opportunities for global aviation and the private sector. Today’s announcements pave the way for further growth, with the Madinah Airport doubling its capacity - reflecting the success of this Public-Private Partnership project," he added.-TradeArabia News Service
