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

Leonardo reinforces support services in the UAE with new achievements

Leonardo has reinforced its presence in the UAE as a key supplier of support and maintenance services through the AgustaWestand Aviation Services LLC joint venture with Abu Dhabi Aviation.

Emirates SkyCargo appoints Ross Barnett as UK cargo manager

Emirates SkyCargo has appointed Ross Barnett as Cargo Manager in the UK.

Saudia launches twice-weekly service from Manchester to Riyadh

Saudia has announced a twice-weekly service from Manchester Airport to Riyadh.

Royal Wings to operate direct regular flights from Aqaba to Beirut

Royal Wings, a subsidiary of Royal Jordanian Airline, will start operating direct regular flights between Aqaba and Beirut twice weekly from February 24, 2017.

Jazeera Airways commemorates Kuwait's National and Liberation days

Jazeera Airways has embellished an aircraft from its leet and dedicated gates at Kuwait International Airport with the national colours of patriotism to commemorate Kuwait's National and Liberation days.

Gulfstream G280 sets speed record in Dakar

Gulfstream Aerospace has said its Gulfstream G280 aircraft recently set another speed record in Africa, flying from Windhoek, Namibia, in the southern part of the continent to Dakar, Senegal, on the west coast. The flight took 7 hours

TAA SK 12MTHS16
See us at
IDEX BT180123022017Aviation Africa 2017 BT 23F17Kuwait APADS BT1602270317