Ali Ahmed Al Naqbi, Founder and CEO of the Middle East and North Africa Business Aviation Association (MEBAA), said that Dubai is a major hub for the business aviation sector on a global level, thanks to its strategic location, world-class advanced infrastructure, and strong economic environment.
Al Naqbi added to Al-Emarat Al-Youm: “The emirate is distinguished by its attractiveness to individuals with high financial solvency and leading companies from various sectors, as the large influx of wealth contributes to increasing the demand for business aviation.”
He stressed that the growth of the business aviation sector in Dubai is evidence of its strong economy, and that the emirate’s commitment to innovation and sustainability has made it an attractive point for capitalists.
Al Naqbi pointed out that given that the UAE represents 41% of the total business aviation market in the region, Dubai plays a major role in shaping the future of this sector.
He stated that the business aviation sector in the Middle East and North Africa region, especially in the UAE, is witnessing remarkable growth, which enhances the region’s position as one of the most influential markets in the global aviation sector. He explained that the country has 174 registered business aircraft, which form part of a regional fleet of 450 aircraft, which confirms the strategic importance of the Middle East region, which now accounts for about 6% of global business aircraft deliveries annually.
Al Naqbi explained that this growth in the UAE is based on several factors, including economic diversification, the increase in the number of high-net-worth individuals, and large investments in the aviation sector infrastructure, in addition to the flexibility of the procedures and regulations adopted by the General Civil Aviation Authority in the country, which comes as a result of close cooperation between the Authority and the Middle East and North Africa Business and Private Aviation Association (MEBAA).
He said that the forecasts indicate a significant growth in the business aviation market in the Middle East region from $566.46 million in 2024 to $943.39 million by 2029, as these forecasts highlight the growing demand for business aviation services, resulting from the need for flexible, customized and time-saving travel solutions.
Al Naqbi pointed out that the “Business and Private Jets Show 2024” confirms Dubai’s leading position in the global aviation sector, with the 10th edition of the exhibition hosting a group of the most prominent leading companies in the sector, such as “Boeing Business Jets”, “Dassault Aviation”, “Bombardier”, “Gulfstream”, “Airbus” and “Embraer”, which reflects the importance of the exhibition as a leading global platform for the aviation sector.
He stated that the current session of the exhibition is witnessing the launch of a group of the latest features and innovations in the business aviation sector, as the advanced air transport pavilion showcases the latest electric vertical take-off and landing technologies, while the (Vista) innovation platform highlights new solutions in the field of sustainability and advanced technologies, allowing attendees to learn about the future of the aviation sector.
It is noteworthy that the exhibition will be held on December 10 and 12 at Al Maktoum International Airport.
• The Business and Private Jets Exhibition will start next December.
pivotal role
Ali Ahmed Al Naqbi, Founder and CEO of the Middle East and North Africa Business Aviation Association (MEBAA), stressed that the Middle East and North Africa region continues to play a pivotal role in the development of the business aviation sector, as Dubai continues to consolidate its leading position and set new standards of excellence and innovation at the sector level.
He said that the “Business and Private Jets Exhibition” plays a pivotal role in shaping the future of the sector, by focusing on sustainability and technological developments, cooperation in the field of innovation, and providing distinctive opportunities for professional communication, knowledge exchange and business development.
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