Subscribe Free
in Business Aviation / Business & Finance / People

MEBA2012: Middle East BizAv market set to grow to US$1 billion

Posted 11 December 2012 · Add Comment

This year's Middle East Business Aviation (MEBA) show kicks off with some strong stats from organisers – the Middle East Business Aviation Association (MEBAA) – which says that the local market will be worth US$1 billion by 2018.

Ali Al NaqbiSpeaking at the second edition of the Middle East Business Aviation Conference yesterday, MEBAA founding chairman Ali Ahmed Al Naqbi (pictured) said there is “huge growth potential” for the sector in the region.

He said there had been a 12% rise in traffic since last year and predicted that, in the next seven years, the installed fleet would grow from 500 to 1,300 aircraft.
 
He also said that MEBAA would start to work closely with the 23 regional authorities to help draft a regional business aviation policy that would mean the time to register a new business aircraft would reduce substantially from today’s six months-plus.
 
Al Naqbi famously believes that raising awareness is the key to success in developing the market. MEBAA achieves this partly by running the biannual MEBA show – this year preceded by the second edition of the Middle East Business Aviation Conference.
 
The 2012 MEBA visitor total is expected to be 15% up on the 2010 edition, comprising 7,000 visitors and 375 exhibitors. The event takes place at the new Dubai World Central airport.
 
Gabriel Tillman, executive vice president of Qatar Airways, however, criticised the organisation and said that MEBAA needed to be a global entity to compete internationally and not be just “a small offshoot of NBAA”.
 
Al Naqbi countered that MEBAA has a global focus and works closely with the 15 associations around the world and has the support of the International Business Aviation Council.
 
MEBAA is one of the most active business aviation forums in the world and plays a key role in shaping legislation and developing the sector across the Gulf.
 
Al Naqbi cautioned that the regional industry needed a roadmap with set milestones to guide it to a successful future. He said: “MEBA is here to help and support the sector. We are listening carefully to all that people say. We aim to help them steer a safe course towards a successful future and will keep track of every milestone mentioned today and help turn your words into actions before we meet next year.”
 
 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Kuwait Airways signs with Safran Nacelles

Safran Nacelles has been selected by Kuwait Airways to provide unscheduled maintenance services coverage and asset management for thrust reversers on the airline’s Airbus A330 jetliner fleet powered by Rolls-Royce Trent 700

Gulf Air’s on time punctuality garners top ranking in 2017

Gulf Air has been independently ranked by UK aviation analysts OAG the third most punctual airline in 2017, amongst Middle East and African airlines, with an average on-time performance (OTP) of 80.22%.

Aircraft Interiors Middle East and MRO Middle East opens today

The Aircraft Interiors Middle East and MRO Middle East events opened today in Dubai.

Emirates SkyCargo offers enhanced protection for pharmaceutical cargo

Emirates SkyCargo, has stepped up its commitment to securely transport temperature sensitive pharmaceutical shipments with the introduction of pharma corridors offering additional protection across selected stations in its

Boeing's 787-10 Dreamliner cleared for commercial service by Federal Aviation Administration

Boeing has announced the 787-10 Dreamliner received an amended type certificate (ATC) from the U.S. Federal Aviation Administration (FAA), clearing the aircraft for commercial service.

Oman's new generation takes off

The Royal Air Force of Oman (RAFO) has inducted the first of its newly acquired Eurofighter Typhoon swing-role fighters and BAE Hawk Advanced Jet Trainers, ushering in a new era for one of the UK’s oldest and closest regional allies. Jon

Kuwait Aviation SK1909310118
See us at
ArabianTravelMkBT250418Abu Dhabi AirExpo BT2018MEBAA BT2018BIAS BT271017161118Saudi Future Airports BT150318Aviation Africa BT18418AIME BT1204240118SOFEX BT2018Global Aerospace BT2018Istanbul Airshow BT22018