The 2009 Dubai Airshow will seek to buck the aerospace industry’s downward trend when it opens its doors this morning. But it seems highly unlikely that this will manifest itself in announcements of significant new aircraft orders, even though Middle East airlines are themselves outperforming the stagnant traffic levels in other parts of the world.
Dubai International Airport
Until about a year ago, the Dubai economy laid a fair claim to being the mother of all modern property booms with new skyscrapers appearing on its skyline at a breathtaking rate. However, once ripples from the global financial crisis started to hit Dubai’s shores, it appeared that many of the developments may figuratively have been built on sand without the firm foundation of sustainable demand.
Around the time of the last Dubai Airshow in November 2007, the prospect of getting into the Middle East’s burgeoning business aviation market must have seemed like a license to print money.
The world’s aerospace industry could use a morale boost, and it might just get it at the 2009 Dubai Air Show (November 15 to 19) at the end of a year that has brought little but austerity and uncertainty. The Middle East has been a strong generator of growth over the past decade, and the market’s potential to revive otherwise sluggish sales in the aerospace sector is more important now than ever before.
The expansion of opening hours and its improved fire and rescue capability seem to have paid off at the UK’s Oxford Airport, which saw significant increases in business aviation traffic during July. On several days, the privately owned airport handled 20 business aircraft movements, compared with an average of 10 in July last year. The airport’s standard opening hours are now 6:30 a.m. to 10:30 p.m.
Aviall Services’ new customer service center in Dubai, UAE, officially opened last Thursday. The new aircraft parts facility, located in the Dubai Airport Free Zone and approved by the General Civil Aviation Authority, will serve airline, military and business aviation customers in the Middle East and eventually in Northern Africa.
Rising demand for business aviation in the Middle East and the Commonwealth of Independent States (CIS) is flying in the face of a decline in the West, according to Dubai-based flight support and ground handling provider Palm Aviation. The company is still seeing demand for flights into the Middle East from the U.S. and Europe and has confirmed plans to expand its operations into both Europe and Saudi Arabia.
ExecuJet Middle East is planning to expand its maintenance capabilities in Dubai with a new maintenance facility at Dubai World Central’s Al Maktoum International Airport. The new airport is just part of the DWC complex, which covers 54 sq mi and includes the airport and residential, golf and business zones.
Al Jaber Aviation, a subsidiary of the Al Jaber Group in Abu Dhabi, today at the Middle East Business Aviation convention in Dubai unveiled details of its entry into the VIP and corporate aviation market by announcing a $1.2 billion investment for the acquisition of 21 corporate jets and bizliners.
Al Jaber Aviation (Stand No. 415) yesterday unveiled details of its entry into the VIP and corporate aviation market and announced a $1.2 billion investment for the acquisition of no fewer than 21 aircraft. The first of its mixed fleet of large-cabin aircraft will enter service in February 2009 and will be based at the AJA initial base at City Airport Abu Dhabi (the former Al Bateen military air base).