Subscribe Free
in Business & Finance

New Aviation consultancy launches in UAE

Posted 4 January 2021 · Add Comment

Bauer Aviation Advisory (BAA) has opened an office in Dubai to help the Middle East’s aviation sector navigate the impact of the pandemic and overcome its associated challenges in the Gulf region and globally.

"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.

 

Other Stories
Advertisement
Latest News

Emirates' Economy Class customers can purchase up to three empty adjoining seats

Emirates' Economy Class customers can now purchase up to three empty adjoining seats on their flight.

Rolls-Royce completes taxiing of its ‘Spirit of Innovation’ aircraft

Rolls-Royce has completed the taxiing of its ‘Spirit of Innovation’ aircraft, the latest milestone on its journey to becoming the world’s fastest all-electric plane.

Wizz Air Abu Dhabi launches automated refund process

Wizz Air Abu Dhabi has launched an automated refund process that handles cash conversion refund requests within just one week, offering travellers an easy way to manage their bookings.

Abu Dhabi supports international COVID-19 testing efforts

The Department of Health – Abu Dhabi (DoH), the regulator of Abu Dhabi’s healthcare sector, has announced that the emirate is supporting international testing efforts by offering laboratory testing for COVID-19 samples from outside

Spatial grows its production capacity with latest expansion

Spatial, a specialist in aviation training equipment, has recently announced its relocation to a bigger facility in RAKEZ.

Bombardier Challenger 350 jet most delivered in 2020

Bombardier has said its best-selling Challenger 350 aircraft was the most-delivered medium category business jet in 2020, making it the category leader for a seventh consecutive year.

EDGE SK2601300621
See us at
World Defence Show 2022Aviation Africa 2021 BTNNArab Aviation Summit BT1002230321DAS21_BTAviation MENA 2021