Major aviation companies unveil development projects in aviation sector

Date 12.1.2019

The Global Investment in Aviation Summit, which will take place on 28-29 January 2019
at the Intercontinental Dubai Festival City, will bring together a group of major
international aviation companies along with 2000 participants, investors, aircraft and
service providers, operators, and high-level international dignitaries and government
officials.
The Summit is an initiative of the UAE General Civil Aviation Authority and carries the
theme “Linking Developed and Emerging Markets through Attractive Aviation
Investment Opportunities”. It aims to explore the most prominent investment
opportunities in the global aviation sector and to highlight projects related to the industry
for major participating companies.
Among the aviation companies participating in the Summit are Aerion, Zunum Aero,
Vinci Airports, Dubai South, in addition to start-up company, WheelTug Journey.
H.E Saif Mohammed Al Suwaidi, Director General of the General Civil Aviation
Authority, said, "UAE has a good reputation in aviation sector. This big number of
aviation companies joining GIAS, reflects the unique position that United Arab Emirates
enjoys both on regional and international levels. UAE has been one of the first countries
to meet environmental compliance and reduction of carbon emissions. Along with our priority to enable flow of investments, and the role we play to develop projects and
implement regulations, we have rightfully earned our membership to the Committee on
Environmental Protection in Aviation Sector in 2016.”
“The Summit is a platform that will allow participants to learn about the latest
developments in the aviation industry, as well as it is an ideal opportunity to establish
and strengthen strategic partnerships between companies and aircraft operators, and to
exchange experiences that will enhance the investment opportunities in markets of
Africa, Asia, the Middle East, and the emerging markets.”
Among the projects displayed by companies participating in the Summit, is the
project launched by "Iron Supersonic" company, which aims to manufacture Supersonic
business jet that will revolutionize aviation sector when it is launched in 2023. Zenum
Aero, an electric aircraft hybrid with 50 seats, will be dedicated to kings and dignitaries
and is expected to be launched commercially in 2020. The executive aircraft is powered
by electric propulsion for a quick shuttle.

Dubai South will display its unique projects. Operating within an integrated global
aviation system, Dubai South project is in cooperation with Al Maktoum International
Airport, which upon completion stands to be the world’s largest airport with passenger
capacity of 220 million and 16 million tons of cargo annually.
Other highlights of the Summit will be incubators’ review of aviation and sector-related
projects as well as training programs and workshops for trainees who wish to know the
secrets and techniques followed to achieve success in the aviation sector. The first air
transport business incubators group has been established with the leading expertise of
Emirates Group in collaboration with General Electric, Etisalat and Dubai Silicon Oasis
Authority.

Further, Vinci Airports will present its acquisition of 50.01% of Gatwick Airport for
GBP2.9 billion. Gatwick is the second largest and the most efficient airport in the UK.
Pierre-Hugues Schmit, Chief Commercial Officer, Vinci Airports, will be sharing with
Summit participants their vision and plans and their expertise in the strategic
development and management of the airport.
Aspiring company WheelTug Journey will unveil their flagship project which is the
electric taxi system. The e-taxi system includes small electric motors in the nosewheels
to enable aircrafts to move forward and backward without using their engine or any
external tugs.
The Global Investment in Aviation Summit will take place as the travel industry in the
Middle East, one of the fastest growing markets, is growing. The International Air
Transport Association (IATA) predicts that growth will continue by 4.6% until
2034. Market developments in the Middle East, as well as the convergence of global
markets, will continue to create a safe haven for aviation capital investments on fixed
growth rates.

 

Stay up to date

with the latest news from Aerospace!

Your email address will only ever be used for Newsletters campaings with the legal agreement of your Privacy Policy. You can change your email preferences or unsubscribe in every email if you no longer wish to receive emails from us.


TOP Interviews

Space movies could be more positive

Space movies could be more positive

Date 24.5.2019

fl_en|fl_cs

His very height suggests he is closer to the universe than the rest of us. In addition to sustainable architecture on Planet Earth, the Czech architect Tomáš Rousek has been designing buildings that may one day be installed on the Moon or on Mars. He also collaborates with the US government agency NASA and has […]

IN THE SPACE INDUSTRY, NOBODY GRABS YOU BY THE THROAT

IN THE SPACE INDUSTRY, NOBODY GRABS YOU BY THE THROAT

Date 2.5.2019

fl_en|fl_cs

Their products have been to Mars and will also travel to distant Jupiter. Today, Brno-based Frentech Aerospace is one of the most successful Czech companies operating in the space industry and continues to accept new challenges. “Working in the space industry is interesting for us – it is a prestigious sector that builds on international cooperation,” […]

EXTENDING THE CZECH FOOTPRINT INTO SPACE

EXTENDING THE CZECH FOOTPRINT INTO SPACE

Date 25.4.2019

fl_en|fl_cs

One does not have the chance to interview an astronaut every day. When we had the opportunity to speak to Andrew Feustel, in addition to his space achievements we were impressed by his detailed knowledge of many aspects of the Czech Republic from its history to its geography, his excellent pronunciation of difficult Czech words […]

The breakthrough Grob 120TP trainer

The breakthrough Grob 120TP trainer

Date 20.2.2019

fl_en|fl_cs

In an interview for the Aerospace magazine, Grob’s Test and Chief Instructor pilot Major Ret. Tom Reinert talks about the company’s history and its breakthrough trainer Grob 120TP. The story of GROB AIRCRAFT SE (previously known as Grob Aerospace) started in Tussenhausen-Mattsies in South Germany in 1971. Since then, Grob has become an important player in the […]

Show more

Stay up to date

with the latest news from Aerospace!

Your email address will only ever be used for Newsletters campaings with the legal agreement of your Privacy Policy. You can change your email preferences or unsubscribe in every email if you no longer wish to receive emails from us.

More news

Space movies could be more positive

Space movies could be more positive

Date 24.5.2019

fl_en|fl_cs

His very height suggests he is closer to the universe than the rest of us. In addition to sustainable architecture on Planet Earth, the Czech architect Tomáš Rousek has been designing buildings that may one day be installed on the Moon or on Mars. He also collaborates with the US government agency NASA and has […]

IN THE SPACE INDUSTRY, NOBODY GRABS YOU BY THE THROAT

IN THE SPACE INDUSTRY, NOBODY GRABS YOU BY THE THROAT

Date 2.5.2019

fl_en|fl_cs

Their products have been to Mars and will also travel to distant Jupiter. Today, Brno-based Frentech Aerospace is one of the most successful Czech companies operating in the space industry and continues to accept new challenges. “Working in the space industry is interesting for us – it is a prestigious sector that builds on international cooperation,” […]

L-39NG program remains a key priority to AERO

L-39NG program remains a key priority to AERO

Date 27.4.2019

fl_en|fl_cs

New management team of AERO presented its strategy for future of the company. In the middle of March, Dieter John replaced Giuseppe Giordo as President and CEO of AERO Vodochody AEROSPACE. During past weeks, new CEO consolidated his management team and now he presented his plans for AERO. AERO’s business strategy as it was set out […]

DLR tests digital communications technologies combined with additional navigation functions for the first time

DLR tests digital communications technologies combined with additional navigation functions for the first time

Date 5.4.2019

fl_en|fl_cs

At the end of March 2019, the German Aerospace Center (Deutsches Zentrum für Luft­ und Raumfahrt; DLR) Falcon research aircraft will be taking off for what will be a world first in aviation. For the first time, a prototype of the new digital aeronautical radio standard LDACS (Lband Digital Aeronautical Communications System) will be tested. In future, this will enable secure and efficient data exchange between air traffic control centres and flight decks, up to and including 4D trajectories.

Light military transport aircraft IL-112V made its first flight

Light military transport aircraft IL-112V made its first flight

Date 2.4.2019

fl_en|fl_cs

Light military transport aircraft IL-112V made its first flight from the aerodrome of the aircraft building enterprise PJSC “VASO” on 31. March 2019. The first prototype of the IL-112V, built under a contract with the Ministry of Defense of the Russian Federation, lifted into the air on March 30. The crew was commanded by Nikolai […]

I would like LOM PRAHA to remain a constant on the Czech Republic’s aeronautical map

I would like LOM PRAHA to remain a constant on the Czech Republic’s aeronautical map

Date 18.3.2019

fl_en|fl_cs

Interview by: Jakub Fojtík   Mr Planička, LOM PRAHA boasts the longest tradition amongst the Czech aviation companies, what is the company’s current position? We celebrated our 100th anniversary in 2015 and the company has demonstrated that it has been a truly strategic enterprise of the Ministry of Defence of the Czech Republic for many years. […]

Show more
Subscribe to our magazineRegister now