• HSBC

Middle East Business Aviation Show expected to be bigger than ever before

  • United Arab Emirates: Wednesday, March 31 - 2010 at 15:33
  • PRESS RELEASE

Dubai Airshow organiser F&E Aerospace is expecting to attract more business aviation service providers and manufacturers than ever before to the Middle East Business Aviation exhibition and conference, from 7 to 9 December 2010.

Organised on behalf of the Middle East Business Aviation Association (MEBAA), the last MEBA show in 2008 attracted some 250 exhibitors from 30 countries and over 5,500 visitors, with more than $1.5bn worth of deals struck.

The fourth running of the series in December promises an increase in exhibitor numbers to some 350, judging by an already strong interest in the event among business aviation companies, and commitments to date.

First-time exhibitors include Honeywell, AN Aviation and Rizon Jet, which are joining returning organisations such as Abu Dhabi Airports Company (ADAC), Jet Aviation, Sikorsky and Al Jaber Aviation.

Up to 85 business aircraft will be displayed on the outdoor static aircraft park, which will also feature more company pavilions than in previous shows.

Alison Weller, Managing Director of F&E Aerospace, commented:
"With a recent report predicting an annual growth rate for the Middle East business aviation market of more than six per cent over the next 10 years, the region will surely see an increase in business aviation service providers to cater to this demand."


"MEBA 2010 is, therefore, well placed to provide a forum for the region's industry players to come together to decide on products and services going forward, to service the growth in the business aviation industry over the next decade," Weller added.

In its report, analysts Frost & Sullivan said business aircraft movements would reach 160,000 by 2018, a compound annual growth rate of some 6.21%.

It added that Saudi Arabia held some 37% of the market potential, in the long-run, followed by the UAE, with nearly 24% of the market potential.

The expected number of business aircraft to be delivered in the Middle East will be approximately 458 by 2018 and the number of aircraft expected to be delivered in Saudi Arabia alone will be about 154, it said.

In a first for the region, MEBA 2010 will host the 2010 meeting in Dubai of the governing body of the International Business Aviation Council (IBAC), following a successful bid by the Middle East Business Aviation Association (MEBAA) last year to host the annual meeting of IBAC's governing body, which is traditionally held in the US or Europe.
 
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F&E (2008) Ltd
UAE
PO Box 36851 Dubai, United Arab Emirates

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