Financing Aviation in the Middle East (FAME) 2009
Start Date: 11 November 2009
End Date: 12 November 2009
Location: Dubai, UAE
DESTINATION MIDDLE EAST: WHAT MAKES IT ATTRACTIVE TO THE FINANCIAL COMMUNITY?
Explore the commercial aviation market of the Middle East, a region of growing traffic and aircraft demands. Network with leading experts in the region!
What are the latest developments in the region? What is the aircraft requirement for the Middle East? What is the future of MROs? What is the bankers’ perspective and expectation? What do the manufacturers offer? What do the airlines expect from the next generation aircraft? How far can this growth go? Will the boom last?
Who should attend: Airlines, banks, manufacturers, airports, law firms, financial analysts, leasing companies, air finance specialists and any organisation involved with the development of the commercial aviation sector in the Middle East.
At the end of October 2007, IATA released passenger and freight traffic forecasts projecting that in 2011 the air transport industry will handle 2.75b passengers and 36 m tonnes of international freight.
International passenger demand is expected to rise from 760 m passengers in 2006 to 980m in 2011 at an annual average growth rate (AAGR) of 5.1%.
Domestic passenger demand is expected to grow from 1.37b passengers in 2006 to 1.77b in 2011, an AAGR of 5.3%, fuelled by expansion in the Indian and Chinese domestic markets.
The strongest international passenger demand growth is forecast for the Middle East where an AAGR of 6.8% will be driven by GDP expansion, new international routes and increased capacity. Within the region, he UAE will show the highest growth (8.4%). Total international passenger numbers are forecast to be around 105m by 2011.
The Middle East will see the second highest freight growth with an AAGR of 5% over the same period. The fastest growing Middle Eastern markets are expected to be Qatar (6.9%) and Saudi Arabia (6.2%).
For more information, paper proposals as well as Sponsorship & Exhibition opportunities, please contact Dr. Panagiotis Panagopoulos, email: pp@miuevents.com.
