MIU Events - Conferences and Exhibitions for the Aviation Industry

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Pilots Blog

3rd Indian Business Aviation Expo (IBAE)

IBAE 2012 opens in Delhi next month and provides Business Aviation industry professionals with a detailed analysis of how the burgeoning Indian market is developing.

Last year at IBAE we heard that the GA market in India would be worth $9billion to 2020, with 360 additional jets being added to the existing fleet. Over the same period, India is expected to become the 3rd largest aviation market overall and the 6th largest global economy.

Business Aviation in India has real potential as the existing scheduled network provides limited options for those wishing to go off hub. Private Air Charter Operators are on the increase and IBAE 2012 will examine how operators are meeting demand and how the support network is adapting to the particular demands of the industry and how it will benefit the social and economic aspirations of a growing economy. The event will also hear from the OEMs as they consider what aircraft best suit missions in India and how they see the market unfolding.

As those operating in India are aware, the regulatory process is complex, bureaucratic and slow to change, with GA taking a back seat to commercial operations, so we will also hear from the policymakers as they get to grips with the expanding role of private aviation in India.

With aircraft sales in Europe and the US still sluggish, Asia Pacific is expected to account for 17% of global sales this year. India is one of the few global economies showing strong and sustained growth and is also developing it's own aerospace capability. IBAE 2012 will provide participants with an intriguing insight into how the Business Aviation market will unfold in this vibrant and dynamic land.

Quote of the Week

Latest News

"Our industry is an important enabler to economic growth and a significant employer, directly and indirectly, across Europe. We need to convey these points more widely and more powerfully, which means sustained and cohesive communication to the general population and the business community, not least through politicians and national journalists" - Patrick Margetson Rushmore - CEO, London Executive Aviation, speaking at MIU's September 2011 BAE Expo at Biggin Hill Airport, UK.

"Sub cost pricing is corrosive to the industry and does not work - the market is more fickle than we may appreciate" - Glen Heavens, MD, Synergy Aviation, speaking at MIU's September 2011 BAE Expo at Biggin Hill Airport, UK.

"Proximity to final destination drives airport decision; Facilities, services, network, brand and pricing drive FBO decision; Once chosen, the FBO becomes the face of the community and the initial first impression" - Joe Gibney, Vice President and Managing Director, Signature Flight Support, speaking at MIU's September 2011 BAE Expo at Biggin Hill Airport, UK.

"The number of millionaires and billionaires is increasing but growth virtually non existent in US and EU. Growth rate of Pacific Rim will surpass US in less than a decade " - Phil Jordan, CEO, Business Air International, speaking at MIU's September 2011 BAE Expo, at Biggin Hill airport, UK.

Lack of strategic vision threatens UK aerospace industry

What do aircraft and sharks have in common?

UK falling behind competitors - IoD

33% increase in GA flights through Indian airports

Indian Company chairmen save $1.2million pa using corporate jets

EU presses on with Emissions Trading - IATA "disappointed"

Middle India flies high

2-20 seat aircraft to drive india's growth!

MIU - Our events

MIU Events run aviation events and training seminars. We specialise in executive flight infrastructure, business aviation and finance solutions for aviation as a whole. We run a number of events focusing on the development of the Very Light Jet in regional markets. Our events are designed to cater for senior managers, charter/air taxi operators, high net worth individuals/entrepreneurs, owner pilots and those who shape the future of the aviation and aerospace industries. We concentrate on providing hard to access information and the exchange of ideas, knowledge and innovative thinking. An overview of the year ahead is provided below.

2011 Event Schedule

Indian Business Aviation Expo - 22 - 23 February, 2012

We heard at the 2011 event that India's GDP growth will average 8.7% in the period 2012/13 to 2015/16 and India will be the 6th largest economy and 3rd largest aviation market by 2020. By 2050 India will overtake the US to become the 2nd largest economy after China.

Rising incomes are leading to rising aspirations and as the commercial aviation sector comes under increasing strain due to infrastructure constraints, there will be inevitable growth in business jet sales. Embraer estimates the market in India to 2020 to be worth $9 billion, which translates into 360 additional business jets to the current fleet.

However, there are impediments to growth of the sector and the current regulatory process is complex and bureaucratic. Although the Director General of the DGCA declared at IBAE 2011 that he was ready to engage with the business aviation industry, the administrators and executive branch have not yet done anything to simplify the process of buying a business jet, or reduce the time it takes to secure landing permits.

Delegates at IBAE 2011 learnt that the Asia Pacific region would lead the recovery in the business aviation industry with the region accounting for 16.7% of global revenues. The region would start to take an increasing share of the growth in business aviation as the US lost ground as the dominant force in GA and business aviation. As if to underline the changing fortunes in the new world order, news came in as the event closed, that Cirrus is to be brought by the China Aviation Industry General Aircraft Co (CAIGA).

It was left to our Day 2 keynote speaker and one of the richest men in India, Naveen Jindal, Member of Parliament and head of Jindal Steel, to provide a vision of how business aviation will develop in India. Pledging his financial and moral support to the Business Aviation Association for India (BAAI), he called on other industry leaders to join with him in influencing policy and to provide a better understanding of the scope and importance of business aviation in terms of growing the Indian economy.