New Aviation consultancy launches in UAE

"After what has been a turbulent year for the Middle East’s aviation sector, our entry to the market is at the right place and at the right time," said Linus Benjamin Bauer, managing director at Bauer Aviation Advisory.  Image: Bauer Aviation Advisory

According to IATA, the impact of COVID-19 on the MENA region’s aviation sector has placed almost 2 million jobs and $115 billion in GDP at risk, as airlines in the Middle East lost at least $7.1 billion in profits in 2020, representing an average loss of $68.5 per passenger.

Following the circulation of vaccines, borders reopening and airlines’ ability to grow their cargo businesses, BAA anticipates the commercial aviation industry will rebuild in 2021 ahead of an industry recovery in 2022-2023 before emerging stronger than pre-crisis levels from 2024.

Linus Benjamin Bauer, managing director at Bauer Aviation Advisory, said: “At BAA, our priority is to deliver long-term sustainable value for the aviation industry. After what has been a turbulent year for the Middle East’s aviation sector, our entry to the market is at the right place and at the right time. The industry needs a trusted partner now more than ever to help it confront its challenges and our committed team of local experts will help our clients soar to recovery.”

Founded during the pandemic, BAA gained recognition for its services to the region’s aviation sector at the Aviation Business Awards 2020 held in December. The firm received the ‘Highly Commended’ award in the Pride of Aviation category, alongside Etihad Airways, at the ceremony in Dubai.

With offices in Germany and Switzerland, Bauer said BAA has chosen Dubai as the firm’s new global headquarters in the Middle East, for its strategic location, access to a vibrant aviation market and primary focus on opportunities for further growth in the MENA region and beyond.