Monday, October 09, 2006 3:23:51 PM
Boeing deal done: http://www.gulf-news.com/business/index.html
Airdale
BOOMING ECONOMY FUELS MASSIVE MIDDLE EAST AIRPORT GROWTH
Airport Build & Supply Exhibition attracts record response as suppliers aim to
capitalise on $40 billion airport developments
Over 400 of the world’s leading airport and aviation suppliers are expected to descend on Dubai in
June 2006 to capitalise on more than US$ 40 billion worth of airport developments currently taking
place across the Middle East on the back of a booming regional economy.
Streamline Marketing Group, organisers of the Airport Build & Supply Exhibition, have announced that
exhibition space sold for the event, now in its sixth year, is already up 30 per cent compared with last
year.
This comes at a time when regional airport growth is accelerating rapidly to cope with the huge
projected increase in commercial air traffic, while record oil prices and booming regional economies
have enabled Middle East governments to allocate billions of dollars for infrastructure development.
“Airbus estimates that Middle East and African airlines will require 1,016 new aircraft, worth US$ 124
billion, over the next 20 years,” said Nick Webb, director of the Streamline Marketing Group. “Regional
airport developments to cater for this increased traffic are estimated at well over US$ 40 billion, with
US$ 20 billion in the UAE alone.
“With an expected budget surplus of US$ 50 billion and a current account surplus of over US$ 100
billion for the six Gulf states alone, spending is set to continue over the long term. Economists have
estimated that there are currently US$ 650 billion worth of active projects in the Gulf, with another US$
650 billion announced but not yet begun.”
Taking place from June 5 – 7, 2006 at Airport
Expo Dubai, the Airport Build & Supply
Exhibition is the only dedicated trade show for
airport construction, operations, technologies
and services in the region and an unmissable
event for airport and aviation suppliers eager to
profit from this major Middle East growth.
The event attracts a targeted audience of regional Civil Aviation departments, government officials,
VIPs and consultants and contractors behind many of the region’s airport development projects. The
2005 edition saw over 40 regional Civil Aviation authorities represented as either visitors or exhibitors.
It has become well established as a major forum for the selection and pre-qualification of suppliers for
airport development schemes not only in the Gulf area but also across the Middle East, Africa, the
Indian Subcontinent and the CIS countries.
The event includes an exclusive programme of seminars giving exhibitors updates on the region’s
most ambitious developments, including the US$ 8.1 billion Jebel Ali International Airport development
in Dubai which will create the region’s first ‘Airport City’.
Among the other major projects attracting the attention of suppliers are the US$ 4.1 billion revamp of
Dubai International Airport, the US$ 6.8 billion expansion of Abu Dhabi International Airport and the
building of the US$ 5.5 billion New Doha International Airport in Qatar.
Other important airport schemes include the US$ 1.5 billion expansion of King Abdul Aziz International
Airport in Jeddah, Saudi Arabia and the new US$ 800 million airport in the UAE emirate of Ajman. In
India a total of US$ 10 billion has been earmarked to construct seven new airports and modernise 30
existing ones.
The Airport Build & Supply Exhibition is held
under the patronage of H.H. Sheikh Ahmed bin
Saeed Al Maktoum, President of the Dubai
Department of Civil Aviation and chairman of
Emirates Group. The event also enjoys the
support of industry leaders including
Netherlands Airport Technology Group (NAT);
German Airport Technology and Equipment
(GATE); British Airports Group (BAG), French
Airport Equipment Association (Proavia), the
Society of Indian Aerospace Technologies &
Industries (SIATI) and British Airport Services
and Equipment Association (BASEA).
Streamline Marketing Group is expecting more than 400 exhibitors - up from 322 in 2005 - and over
4,000 trade visitors. Dedicated pavilions will represent specific countries including Germany, UK, the
Netherlands, France, Canada, Finland, China, Australia and India.
All exhibitors qualify for a private meeting with the Dubai Department of Civil Aviation to discuss Dubai
International Airport’s expansion as well as the new Jebel Ali Airport. They also have pre-arranged
meetings with ‘Hosted Buyers’ representing civil aviation authorities in the Middle East, Africa and
South Asia.
http://www.theairportshow.com/downloads/Airport%202006%20Release%201%2021022006.pdf
UAE among top five aviation markets
Led by Dubai, the UAE has become one of the top five fastest growing air travel
markets in the world, according to the International Air Transport Association
(IATA).
China tops the list with projected passenger traffic growth at 12.5 per cent,
followed by Poland with 11 per cent, Hungary with 9.6 per cent, and the UAE with
9.3 per cent, according to IATA’s latest air traffic projection report covering the
period 2004-08. The Czech Republic, forecast to record 9.1 per cent growth,
rounds off the top five rankings.
Passenger traffic through Dubai International Airport recorded 20 per cent growth
last year, reaching 21.7 million, which is close to the passenger traffic recorded in
China the previous year. Passenger traffic in China was at 21.9 million in 2003,
while the UAE recorded 17.7 million, IATA statistics showed.
The Asia Pacific was the highest growth area in terms of passenger traffic,
topping the list at 19.5 per cent, closely followed by Europe-Middle East routes
which experienced 18.9 per cent growth last year, compared to average
international growth of 11 per cent. These are five-year forecasts for major global
traffic flows combining data from participating IATA airlines and other industry
data sources.
http://www.theairportshow.com/downloads/Press%20Release%20-%20UAE%20among%20Top%205%20Aviation%20mar...
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