His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and Chairman and CEO of the Emirates Group, today presented the Middle East Aircraft Maintenance, Repair and Renewal Exhibition and Conference and the Middle East Aircraft Interior Design Exhibition 2022 inaugurated in along with the positive expectations that the sector testifies to.
The two events took place at the Dubai World Trade Center, amid a celebration hosted by the elite leaders and experts in the aviation sector, particularly in the areas of aircraft maintenance, repair and renewal.
On the busy opening day of the Middle East Aircraft Maintenance, Repair and Repair and Middle East Aircraft Interior Show, flydubai signed a multi-year agreement with Boeing to provide quick-change engine parts and tools to support Flydubai’s entire fleet of Boeing aircraft. . Thanks to these new contracts, flydubai will be able to achieve more efficient maintenance operations, enabling inventory cost control.
Captain Chris Grizzel, chief operating officer of flydubai, said: “Our priority is to ensure that passengers reach their destinations without any delay, especially in light of what we see as the return of demand levels for travel.”
Jordanian Aircraft Maintenance Company Limited (Joramco), which specializes in aircraft maintenance, repair and renewal, has signed an agreement with Proponent, the world’s largest independent distributor of aircraft parts, to supply it with consumables and consumables. Joramco also benefited from its participation in the exhibition to sign an agreement with Satyr to secure supplies of consumables and consumables to support its Boeing and Airbus aircraft.
On this topic, Timothy Hawes, Managing Director of Tarsus Middle East, said: “We see great optimism from various stakeholders in the sector, which is reflected in the contracts and agreements signed during the exhibition and paves the way for more business opportunities. . This year’s issue has also already surpassed the numbers of pre-pandemic visitors to the exhibition, both from a local and international perspective, with the increasing participation of global airlines and international trade delegations.
Brian Cove, Senior Director of Aviation Analytics and Forecasting at Aviation Week Network, delivered a speech on the prospects for the aviation sector in the Middle East, presented by the Go Live Theater at the exhibition, where he pointed out that the percentage dependence on aircraft in the Middle East during 2021 will increase by 25% compared to the previous year, despite the volatility that prevailed in the aviation market, with the activity of the fleet currently operating in the region recovering this year and exceeds the levels recorded in 2019 with more than 31,800 aircraft.
In addition, Cove predicted that the global aircraft maintenance, repair and refurbishment sector would experience a compound annual growth rate of 3.2% between 2022 and 2031, reaching a value of one trillion US dollars. Demand for engine maintenance, repairs and overhauls will grow by 3.7% to $ 474 billion over the next decade. Demand in the Middle East is expected to reach $ 12.9 billion by 2031. Small aircraft will be a major driver of growth over the next 10 years, with more than 20,000 deliveries expected worldwide.
In turn, Lydia Jano, Senior Vice President, Events at Aviation Week, said: “The projected growth of the sector is a clear indication of recovery, which will be fueled by more innovation and the introduction of digital technologies needed for future resilience. to ensure. We are pleased with the important learning opportunities provided by the conference content, to contribute to the support of the strong efforts to bring about the recovery of the aviation sector. ”
The GoLife theater platform brings together key decision makers from airlines, MEA exhibitors, OEMs, landlords, suppliers and key professionals in aircraft interior design. This prominent event in the aviation sector highlights the latest innovations in the field of sustainability, digital transformation, workforce and supply chain through its program of events, in addition to showcasing the latest technologies, products and services.
Speaking at Go Live Theater, Robbie Burke, partner at Oliver Wyman: “We are delighted to see our colleagues reunited under the umbrella of this groundbreaking event in the region as the aviation sector begins to recover from the challenges it experienced during over the past two years.After the possibility of increasing spending on maintenance, repair and refurbishment services during 2022 and 2023 from the levels recorded in 2019, with the return of aircraft to service and the completion of the backlog maintenance work. Challenges in the supply chain, however, remain one of the most important focus points for the sector at present, although not limited to The aviation sector remains one of the factors increasing the pressure on the expected recovery. ”
The list of prominent exhibitors participating in this year’s issue includes Etihad Engineering, Dubai South, Sanad, Heikou, Lufthansa Technic, Standard Aero, Hong Kong Aircraft Engineering Limited – Haikou, Gerflor, and the Saudi Aerospace Engineering and Industry Company (Courier ).
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