Saudi Arabia's General Authority of Civil Aviation (GACA) is looking to increase the GDP of its general aviation sector tenfold to $2bn by 2030. The roadmap for this ambitious growth goal covers the business jet segment and is set to be revealed in May. It ties into the country's Vision 2030 goal to boost its tourism industry.
""General aviation is vital to growing high-value sectors of the Saudi economy, including tourism, business and entertainment events,"" said GACA president Abdulaziz-Al Duailej. ""The general aviation roadmap will turbocharge the sector within the Kingdom, transforming infrastructure and regulations, simultaneously developing, promoting and enhancing general aviation services in the market.""
The roadmap will support private aviation aircraft owners, lessors, investors, operators and service providers through coordinated infrastructure investment and regulatory streamlining.
Saudi Arabia to unveil roadmap to build $2bn aviation industry by 2030
