- 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.
- 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.
- 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