The global aviation industry in the Middle East is witnessing solid interest. This is evident from the pre-bookings of the Airport Show-2014. The event scheduled to take place from 11-13 May 2013 has received support from more than 64% exhibitor confirmations.
Held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, president of Dubai Civil Aviation Authority, chairman of Dubai Airports and Chairman and chief executive of Emirates Airline and Group, last year’s edition witnessed growth in exhibition space. The event had 225 exhibitors across six country pavilions.
The 2014 show will be held at the Dubai International Convention and Exhibition Centre (DICEC) collocated with the 2nd Global Airport Leaders’ Forum (GALF) and launch of Travel Catering Expo (TCE).
Sheikh Ahmed said: “The aviation sector represents one of the region’s main economic pillars and involves multi-million dollars investments in existing and new developments. The show is contributing to the success of a thriving aviation industry in the region. We continue to expand Dubai International Airport facilities with an investment of US$7.8 billion in order to keep up with the volume of expected growth.”
Boeing, in its Market Outlook 2013-2032 report, says growth of Middle Eastern aviation ‘outpaced’ the global average and will continue to do so, supported by a variety of growth strategies, including airports and airlines expansion. The Middle East region is expected to handle 400 million air passengers by 2020, including 100 million passengers by Dubai alone. Dubai’s second international airport, Al Maktoum International at DWC is due to start operations this coming 27th of October, helping take the annual passenger handling capacity of the two airports to over 80 million.
Elaborating further Daniyal Qureshi, director, Airport Show, said: “The show is growing stronger in all parameters with wider global interest in the region. There is a strong resurgence in the aviation industry and this is reflected in terms of investments and developments.”
Business opportunities worth US$7.9 bn were discussed between airport managements and exhibitors at Airport Show-2013, indicating business potential of the region.