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

Middle Eastern carriers saw 12% rise in demand in March

The International Air Transport Association (IATA) has announced global passenger traffic results for March showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.3%, compared to the same month last year,

Emirates puts on bespoke Benifica themed aircraft for club

Today Emirates cheered Benfica in a very special way. As the club gets closer to winning its 35th Primeira Liga Championship, a Benfica themed Boeing 777-300ER was dispatched and greeted by the entire squad at Lisbon Airport.

Gulf Air's Falconflyer loyalty programme and Europcar partner to reward their members

Gulf Air has announced a partnership between the airline's Falconflyer Loyalty Programme and Europcar, the European leader in vehicle rental services and a major mobility player.

AW609 TiltRotor completes ground run

Finmeccanica has announced that third prototype (A/C3) of the AgustaWestland AW609 TiltRotor has completed its first ground run.

Etihad Airways representatives visit flight EY474 passengers in hospital

A specialist team from Etihad Airways has today visited the nine passengers, hospitalised after Etihad Airways flight EY474 encountered severe and unexpected clear air turbulence, to provide ongoing care, support and assistance.

LCI increases freighter fleet and signs new deal with Turkey's ACT Airlines

LCI, the aviation leasing arm of the Libra Group, continues to increase its fleet of dedicated maindeck freighter aircraft. Two additional Boeing 747-400F aircraft are now flying for Qatar Airways and Saudia, Saudi Arabian Airlines,

TAA SK 12MTHS16
See us at
Ebace 2016 BT 18F26MY16World_Space_Congress_BT4MY23N16_Arabian_AerospaceAirport Show Dubai BT 2016ACAC_BT3MY19MY16_Arabian_AerospaceAviation Africa 2017 BT 23F17Istanbul Airshow BT 2016