• En
    • ع
Saturday, May 10, 2025
Daleel News
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
No Result
View All Result
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
No Result
View All Result
Daleel News
  • En
    • ع

Aviation Sector Saudi Arabia: Driving Economic Transformation

How aviation powers Saudi Arabia’s growth, Vision 2030, and economic diversification

by Huda Marshad
May 10, 2025
in Industry
Copy Link شارك على فيسبوكشارك على تويتر

Saudi Arabia is rapidly transforming its economy, and aviation is emerging as a key driver of this change. Once primarily known for oil, the Kingdom now sees its air transport sector playing a central role in economic diversification and national growth.

According to the International Air Transport Association (IATA), aviation contributed $90.6 billion to Saudi Arabia’s GDP in 2023, supporting 1.4 million jobs. The industry’s direct output reached $14.3 billion, representing 1.3 percent of the nation’s GDP, while the broader impact—including tourism and supply chains—accounts for about 8.5 percent of total GDP.

This growth aligns closely with Vision 2030, Saudi Arabia’s plan to reduce its reliance on hydrocarbons and expand other industries. Significant investments in air infrastructure, the introduction of new carriers such as Riyadh Air, and major airport expansions are part of this strategy. The country’s international air connectivity has surged, with links to 193 airports in 69 countries and 480 outbound international flights daily—helping position Saudi Arabia as a global logistics hub.

Tourism, a cornerstone of Vision 2030, has seen remarkable gains thanks to aviation. IATA reports that aviation-enabled tourism added $52.9 billion to the economy in 2023, with international visitors spending $60.6 billion across various sectors. Air travel has also become more affordable for citizens, with real airfares dropping 30 percent over the past decade, making travel accessible to more people.

As the sector grows, maintaining sustainability and service quality is a key challenge. Pressure on infrastructure and the need for greener operations are growing concerns. The industry’s alignment with the UN Sustainable Development Goals is positive, but balancing expansion with environmental responsibility remains a priority.

Saudi Arabia’s aviation sector is now a strategic asset, fueling economic diversification and connecting the Kingdom to the world. With nearly $100 billion in annual contributions and a booming tourism industry, aviation stands as a vital pillar in the nation’s future, according to the International Air Transport Association.

Tags: Economic DiversificationSaudi AviationSustainabilitytourism growthVision 2030
Copy Link ShareShareTweetSend

Related Posts

Saudi-U.S. Investment Forum Boosts Economic Collaboration
Industry

Saudi-U.S. Investment Forum Boosts Economic Collaboration

May 8, 2025
Industry

Industrial Day Spurs Saudi Aviation Collaboration

May 8, 2025
Industry

Lubricant Additive Plant Joint Venture in Saudi Arabia

May 8, 2025
Industry

Riyadh Industry Week 2025: Regional Industry Event Unveiled

May 8, 2025
Industry

Saudi Arabia’s Talent Attraction: Premium Residency Program

May 7, 2025
Industry

Saudi Arabia Facade Market Growth: Trends & 2024 Outlook

May 5, 2025

Recommended News

Nissan-PIF Partnership: A New Chapter in Auto Industry

Nissan-PIF Partnership: A New Chapter in Auto Industry

April 21, 2025
Feeder Shipping Growth in Saudi Arabia: A 2030 Powerhouse

Feeder Shipping Growth in Saudi Arabia: A 2030 Powerhouse

April 19, 2025
King Salman Automotive Cluster Drives Saudi Automotive Growth

King Salman Automotive Cluster Drives Saudi Automotive Growth

April 23, 2025

Browse by Categories

  • Climate
  • Energy
  • Industry
  • Logistics
  • Mining
  • Supply chain

Browse by Topics

Battery Energy Storage digital transformation Economic Diversification Economic Growth Electric Vehicles Energy Storage energy transition Exploration Licenses GFH Financial Group Global Logistics Global Logistics Forum green hydrogen Industry 4.0 Innovation Investment JinkoSolar Joint Venture Logistics Hub Logistics Infrastructure Manufacturing Mineral Resources Mining Industry mining sector Renewable Energy Saudi Arabia Saudi Arabia Logistics Saudi Arabia Mining Saudi Vision 2030 Solar Energy Solar Power solar projects supply chain Supply Chain Management Sustainability Sustainable Development sustainable energy Vision 2030 Wind Energy wind power استثمار السعودية السيارات الكهربائية الطاقة الشمسية سلسلة التوريد معادن

Follow Us

Follow us on social media:
Recent News
Recent Posts
  • Aviation Sector Saudi Arabia: Driving Economic Transformation
  • Saudi-U.S. Investment Forum Boosts Economic Collaboration
  • Industrial Day Spurs Saudi Aviation Collaboration
Categories
Categories
  • Climate
  • Energy
  • Industry
  • Logistics
  • Mining
  • Supply chain
Newsletter
Subscribe to our mailing list to receives daily updates direct to your inbox!
All rights reserved for the National Industrial Development and Logistics Program
  • Home
  • Privacy Policy
No Result
View All Result
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
  • Privacy Policy

All rights reserved for the National Industrial Development and Logistics Program