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Orders keep coming at multi-billion dollar Dubai Airshow

The declared on-site sales tally of the Dubai Airshow, which is currently under way at the Airport Expo Dubai in the United Arab Emirates, has now topped $100bn - after a third day of major B2B announcements.

  • United Arab Emirates: Wednesday, November 14 - 2007 at 08:27
  • PRESS RELEASE


HH Sheikh Mayed Bin Mohammed Bin Rashid Al Maktoum touring the Dubai Airshow 2007.
HH Sheikh Mayed Bin Mohammed Bin Rashid Al Maktoum touring the Dubai Airshow 2007.


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Leading third day rally was again Dubai Aerospace Enterprise (DAE), the global aerospace, manufacturing and services corporation, which kick-started its entry into the aircraft leasing business with a $500m purchase of eight Airbus aircraft from Emirates airline. DAE Capital, the group's aircraft leasing, financing and insurance business, has acquired eight of the award-winning carrier's Airbus A330-200s in a split purchase and leaseback deal.

'The show has been a staggering performance all round with orders going right across the aerospace spectrum, from mainframe deals to tilt-rotor contracts, from regional airlines and business jets to MRO supplier deals,' said Virginia Kern, Chairman, Fairs & Exhibitions (F&E), which organises the show in conjunction with the Civil Aviation Authority of Dubai and in collaboration with the UAE Armed Forces.

Deals included a firm contract for ten Airbus A350 XWBs from Yemenia, the official carrier of Yemen, a US $500 million MRO contract by Abu Dhabi's Etihad Airways to Abu Dhabi Aircraft Technologies and an order for five A330s from Oman Air.

And the show, which runs until Thursday night and is the 10th in the biennial series, has continued to attract high-powered civil and military aviation delegations with their members having nothing but praise for an event which has made aerospace exhibition history.

Making his first visit to a Dubai Airshow the Hon. Claude M. Bolton Jr., the USA's Assistant Secretary of the Army for Acquisition, Logistics and Technology, predicted only great things ahead for the show.

'This is currently the third largest airshow in the world - but I can see it taking second place if things keep going as they have been,' he said. 'It has simply been outstanding and I have had to opportunity to meet with UAE Armed Forces leaders including the air force.'



HRH Prince Feisal Bin Al Hussein, Chief Commander of The Royal Jordanian Air Force, also toured the show and declared it as 'improving with age.'

'I was particularly pleased to see the growth in the Jordanian pavilion which is twice the size of that in 2005 and presents a good cross-section of the aviation community within the country.

'When the show moves to Jebel Ali in 2009 it will allow us to grow further as space restrictions will be substantially eased.'

Some 850 companies from 50 countries are exhibiting at Dubai Airshow 2007, which also features 11 national pavilions and more than 140 aircraft.

'Interest is at a peak with enquiries already coming in for the 2009 event,' said Alison Weller, Director Aerospace, F&E.

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Notes and media contacts

About Fairs & Exhibitions' Aerospace Division:

Fairs & Exhibitions (F&E) is one of the most influential names in the aerospace industry's events sector having conceptualized the Dubai Airshow and organised it, in conjunction with the Department of Civil Aviation, Government of Dubai and in collaboration with the UAE Armed Forces, since its inception in 1989. This year marks the 10th anniversary edition of the Dubai Airshow with Dubai 2007 taking place at the Airport Expo in November.

F&E, which maintains offices in London and Dubai, has widespread and long-standing relationships with the global aerospace industry, an in-depth knowledge of the industry it serves and a hard-earned reputation for delivering event excellence.

The company also organises the Middle East Business Aviation (MEBA) conference and exhibition on behalf of the Middle East Business Aviation Association. MEBA is now a biennial event with the 2008 edition scheduled for November next year.

Aircraft Interiors Middle East (AIME) is a new event emerging from F&E's dedicated Aerospace Division. It will be held at the Airport Expo Dubai in June 2008 and will service the region's rapidly developing commercial and business aviation fleets.

The Maintenance, Repair and Overhaul (MRO) Middle East Exhibition & Conference is the latest event to be added to F&E's growing portfolio. The event will be organised in conjunction with AVIATION WEEK, which has an excellent track record of organising MRO events. The inaugural event is to be held in the beginning of 2009 to cater to growing regional demand for MRO services.

For further information: Sam Dulka, MCS/Action, PO box 20970, Dubai, United Arab Emirates. Tel: +9714 390 2960
Anne-Birte Stensgaard Anne-Birte Stensgaard, Senior News Editor
Wednesday, November 14 - 2007 at 08:27 UAE local time (GMT+4)

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