Kingdom of Saudi Arabia and MEBAA to Host Middle East Business Aviation Conference
Next month’s Middle East Business Aviation Conference will take place in Jeddah, at the Hilton Hotel in the Kingdom of Saudi Arabia and will be the first time the KSA has hosted the event.
H.H. Prince Fadh bin Abdullah bin Muhammed is the patron of the event and also the President of the General Authority of Civil Aviation (GACA) in the Middle East.
The Kingdom of Saudi Arabia has been experiencing a surge in growth in the aviation sector and is becoming one of the largest markets, with almost half the market share.
At last years conference in Dubai, Honeywell forecast 14,000 business aircraft deliveries up to 2017, with the Saudi Arabian market expected to be on of the main contributors to the industry sales of $233 billion.
Speaking at the conference, in addition to H.H. Prince Fadh bin Abdullah bin Mohammed will be H.E. Dr Faisal Bin Hamad Al Sughair and Mr Wajdi Alidrissi, MD of Saudi Private Aviation, who said, “We anticipate that the Saudi Arabian market will witness growth of at least 10% though to 2014, due to the government’s bold plans for economic cities across the Kingdom and other major infrastructure projects currently underway and in the pipeline.”
The conference will continue with the discussion panels comprised of some of the major companies in the sector, including GASA, Nasjet and Nexus, who will debate regulatory frameworks and other matters concerning the Kingdom’s economic agenda to promote and understand business aviation through the important platform that the MEBAC has become.