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FINANCIAL NEWS
ME can achieve USD16.3b benefits on air traffic enhancements
12 Sep 2015
(MENAFN) An estimated USD16.3 billion in economic benefits can be achieved in the Middle East over the next 10 years by delivering enhancements to air traffic control systems.
A study by NATS comes as aircraft fleets across the region are forecast to grow at an annual rate of more than 10 percent to 2025 and skies are becoming increasingly congested.
According to the report, USD16.3 billion in economic benefits can be generated by avoiding a doubling in delays over the course of that period.
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