Later Close Vote Now! link

My Bookmarks

You haven't chosen any bookmarks in our website.

Skip Navigation Links Regional Outlook



  • 12% CAGR in pax traffic between 2002-16 
  • Penetration is still quite low with passport ownership at low teens
  • Demographics support further market growth in the long term 2nd most populous country in Europe with a population of 78 mn
  • Fastest growing and youngest population in Europe
  • 68% of the population is between ages 15-64, while %25 are between 0-14 and only 7% are above 65 years.
  • Ministry of Transport projects 350 mn pax by 2023, implying to a CAGR of 9%
  • Turkish carriers’ ambitious fleet expansion plans
  • 3.9 mn Turkish immigrants living in Europe offers a resilient traffic flow
  • Single-party government offers political stability
  • EU candidate, committed to structural reforms


  • Located on the east of Black Sea, Georgia controls most of the trade routes through Caucasus Mountains.
  • Constructions of several oil and gas pipelines such as Baku-Tbilisi-Ceyhan have proved the strategic location of Georgia.
  • Georgian Economy had been one of the fastest growing economies among Former Soviet Union until the dispute with Russia on Abkhazia and South Ossetia.


  • Is an important crossroads of trade in Balkan Region
  • Adoption of visa liberalization for Macedonia in Dec 2009 has freed the traffic between Macedonia and EU member states of 500 mn population.
  • Joining the European Common Aviation Area (ECAA) has boosted traffic


  • The privatization policies of the Government have pushed the economy forward over the past decade
  • Tunisia had been getting increasingly popular as a holiday destination before the tragic Bardo and Sousse attacks.
  • Has 10.5 mn young population, 23% of which is between ages 0-14 and 70% of which is between 15-65.

Saudi Arabia

  • The holy cities of pilgrimage in Islam, Mecca and Medinah, are located in Saudi Arabia.
  • The cities are attracting an increasing number of Muslim pilgrims each and every year.
  • Saudi King is very supportive of increasing the hosting capacity of the cities.


  • Latvia joined the euro zone on January 1st 2014.
  • Latvia is ranked the 21st in the world by the Ease of Doing Business Index prepared by the World Bank Group,
  • Transport and logistics are among Latvia’s priority sectors


  • Croatia is ranked among the top 20 most popular tourist destinations in the world, and was voted world's top tourism destination in 2005 by Lonely Planet


Upcoming Events

Download Center

There is no item in your list