Dubai plans investments totaling $82 billion in aerospace over the next 10 years in support of its aim to become the world’s aviation and logistics hub.
Ahmed bin Saeed Al Maktoum
Emirates Airline chairman HH Sheikh Ahmed bin Saeed Al Maktoum yesterday announced the largest ever order in the history of the Boeing 777 program. The estimated $9.7 billion contract calls for delivery of 42 airplanes in all–24 GE90-powered B777-300ERs, 10 777-200LRs and eight 777 Freighters. It also grants Emirates “purchase rights” for another twenty 777s.
His Highness General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Defence Minister, cut the traditional ribbon to open the show here yesterday. But many of the sights that awaited him as he toured the teeming static park and three packed exhibition halls could scarcely have been imagined when the show got under way just 16 years ago.
Continuing to reduce its reliance on oil exports through diversification, Dubai is backing a $15 billion plan to establish an aviation manufacturing and services industry to add to its portfolio. Dubai Aerospace Enterprise (DAE) will oversee six subsidiary companies that in turn are expected to address 14 related industry segments.
Launched only four months ago, Dubai Aerospace Enterprise (DAE) has quickly attracted considerable interest and this is reflected in the high level of its participation here at Farnborough. As well as being a sponsor of the flying display, DAE is sponsoring Friday’s International Youth Day when some 1,200 young achievers will attend the show.
The first Middle East Business Aviation (MEBA) conference is to be held in Dubai on November 19, on the eve of the Dubai Air Show (November 20 to 24). The event is being held under the joint patronage of Royal Jet chairman HE Sheikh Hamdan Bin Mubarek Al Nahyan and HH Sheikh Ahmed bin Saeed al Maktoum, president of Dubai’s Department of Civil Aviation and chairman of Emirates Airline. Sheikh Ahmed will give the keynote speech.
The first Middle East Business Aviation Conference (MEBA) is to be held in Dubai on November 19, on the eve of the Dubai Air Show (November 20 to 24). The event is a response to rising levels of interest in business aircraft from a widening prospective client base throughout the region.
The new Middle East Business Aviation Association (MEBAA) is jointly promoting the new-format Middle East Business Aviation (MEBA) conference and exhibition with Dubai Air Show organizer Fairs & Exhibitions (F&E). MEBA will be staged at the Airport Expo Dubai center in the United Arab Emirates on January 31 and February 1, the venue having been switched from nearby Abu Dhabi.
- Page 3