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Double digits for UAE business aviation growth

Download: Printable PDF Date: 15 Sep 2019 10:12 category:
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Double digits for UAE business aviation growth - Business aviation publisher
Krista Kuznecova
Country: United Arab Emirates Aircraft: Airplanes
Source: MEBAA

Ali Ahmed Alnaqbi, Chairman and CEO of MEBAA, confirmed that the UAE's business and private aviation sector is achieving positive growth rates of 8-9%, higher than the global growth rate which is estimated of 4-6%.

Mr. Ali Alnaqbi points out that the UAE is leading the private and business aviation in the Middle East and North Africa.
“The number of aircraft registered in the UAE market up to 154 aircraft out of 600 aircraft registered in the Middle East, pointing out that the volume of sales of business and private aviation in the UAE ranges from 2.9 to 3.3 The contribution of the sector to GDP ranges between 2-3%, equivalent to about AED 4.2 billion.” said Alnaqbi.

When it comes to the reason behind this outcome, MEBAA’s Chairman states “There are also many factors that contribute to the growth of the sector in the UAE, including the strategic location of the UAE, and accelerated spending infrastructure to develop the aviation sector, including the construction and expansion of airports to be ready and ready to host «Expo» the upcoming global event that will contribute to increase the pace of operation Private Jets Because a large proportion of the wealthy and VIPs who will be visiting the show will use their jets or will rent private jets for this purpose.”

 



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