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New Madinah Mohammad Bin Abdulaziz Airport Adds Momentum To Saudi Airport Privatisation PDF
New Madinah Mohammad Bin Abdulaziz Airport Adds Momentum To Saudi Airport Privatisation PDF
for
overcrowded
Page 1 of 7
New Madinah Mohammad Bin Abdulaziz Airport adds momentum to Saudi Airport privatisation
Madinah
Airport
handled 6.3
million
passengers in
2014, well
above nominal
its design
capacity
Madinah
Airport has
experienced
passenger
traffic growth
averaging just
under 20% p/a
for the past
four years
Madinah
Airport
has
experienced
passenger traffic growth averaging just
under 20% p/a for the past four years,
thanks to growth in both domestic and
international travel. By 2020, Madinah
and Mecca combined are forecast to
attract more than 20 million visitors p/a,
around 11 million of which will be
tourists, and the majority of the rest
travelers for religious reasons.
Page 2 of 7
New Madinah Mohammad Bin Abdulaziz Airport adds momentum to Saudi Airport privatisation
The smaller
states of the
Middle East
have generally
proved
reluctant to
turn over
control of their
major airports
to private
partners
Page 3 of 7
New Madinah Mohammad Bin Abdulaziz Airport adds momentum to Saudi Airport privatisation
The GACA has also moved to address the neglect of regional and
domestic airports, improving accessibility in domestic air transport
sector. The transformation has been impressive.
Page 4 of 7
New Madinah Mohammad Bin Abdulaziz Airport adds momentum to Saudi Airport privatisation
Growth rates at most of the domestic airports have reached doubledigit levels. Five Saudi Arabian regional/domestic airports now
handle more than one million passengers p/a, compared to just one
with more than a million in 2010. Regional and provincial capitals like
Yanbu and Ha'il are expected pass this milestone in the next two to
three years.
Page 5 of 7
New Madinah Mohammad Bin Abdulaziz Airport adds momentum to Saudi Airport privatisation
Page 6 of 7
New Madinah Mohammad Bin Abdulaziz Airport adds momentum to Saudi Airport privatisation
airline
liberalisation,
airport
privatisation
and
competition is
beginning to
transform the
performance of
what should be
one of the
Gulfs
strongest
aviation
markets
Page 7 of 7