Business Aviation Industry Looks To The Middle East

Business Aviation Industry Looks To The Middle East

5-May-2014 Source: MEBAA

The Middle East Business Aviation (MEBA) event – is preparing for its most exciting edition to date when it returns; taking place 8 – 10 December at the purpose-built venue in Dubai World Central (DWC) for the first time.

New exhibitors are signing up to attend the region’s biggest business aviation event, while returning exhibitors are increasing their investment levels in what promises to be the most crucial opportunity for senior industry players to do business within the region.

The Middle East and Asian markets are seeing the most growth in business aviation, and MEBA’s footprint – currently 75,000 square metres of dedicated space – stands as testament to that.

MEBA is organised by F&E Aerospace on behalf of the Middle East and North Africa Business Aviation Association (MEBAA). Ali Al Naqbi, Founding Chairman of MEBAA, says: “We are confident this year’s MEBA event will be an even bigger show than the 2012 edition. All the indicators reveal an upswing not only in confidence in the global economy, but also in business aviation, and we envisage more companies committing to attending MEBA than ever before.”

This edition already has the support of leading global exhibitors including sponsor Jetex, UAE; Tag Aeronautics, Canada; Boeing, USA; Execujet ME, UAE; Skyplan; Avjet; World Fuel Services; Alpha Star, UAE; Saudia, Saudi Arabia; Lufthansa, Germany; Boutsen, Monaco; and Cedar Jet Center – MEAG, Lebanon.

In a recent MEBAA/Honeywell Business Aviation survey Al Naqbi highlighted that while the sector is growing in the Middle East, the business fleet is ageing, and owners are keen to replace aircraft with modern aircraft featuring the latest technology, with larger cabins and longer ranges.

There are currently around 530 registered aircraft in the MENA region, a figure expected to rise to 1200 by 2020. The number of movements in the region is anticipated to reach 175,000 by 2020, up from 105,000 in 2012.

Al Naqbi is spearheading a regional market set to be worth US$1 billion by 2020; from half a billion dollars today.

“We must be ready for this growth. MEBA represents the chance for the industry to get together and discuss key issues such as the shortage of pilots; regulation issues and the need for all sectors of aviation to work closer together, to name a few. And of course MEBA offers global players the chance to see DWC first-hand – DWC is the perfect venue, at the heart of the regional business aviation sector, and the regional aviation hub.

“We face exciting times across the region, and MEBA is well-timed for global players to capitalise on this extraordinary market,” added Al Naqbi.

There is still a strong desire for luxury in the business aviation sector. MEBA is once again showcasing luxury, with the return of the luxury pavilion as well as a host of other sector-specific focus areas, including BusinessAirports@MEBA, VIPinteriors@MEBA and Helicopters@MEBA.

About F&E Aerospace

F&E Aerospace is a division of F&E, one of the most influential names in the aerospace industry’s events sector, and which launched the very first Dubai Airshow in 1989, in conjunction with Dubai Civil Aviation Authority, Dubai Airports and the UAE Armed Forces.

Covering all aerospace-related events in the F&E portfolio, F&E Aerospace has a long-standing relationship with the global aerospace industry, an in-depth knowledge of the market and a hard-earned reputation for delivering event excellence. F&E Aerospace maintains offices in Dubai, Connecticut, Hong Kong and London.

About MEBAA

The Middle East and North Africa Business Aviation Association (“MEBAA”) is the official representative of the business aviation industry in the Middle East and North Africa (“MENA”) region and is a member of the International Business Aviation Council (“IBAC”). MEBAA is a non-profit association established in 2006 with the mission to provide a platform for members of the business aviation industry in the MENA region to gather, understand and communicate the needs and benefits of the industry.

As part of its current growth strategy, MEBAA seeks to implement operational safety and efficiency by providing best in-practice training, lectures and conferences, establishing codes of conduct, and providing industry data. Today, MEBAA represents over 220 companies within the MENA region and provides a number of products and services to its members, including the MAIS (MEBAA Aviation Insurance Scheme) insurance scheme for operators. In addition to various networking events, MEBAA hosts the MEBA Show, which ranks as the third largest business aviation show in the world.

 

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