Global Investment in Aviation Summit concludes with discussion on advances and investment enhancement in the sector

Date 31.1.2019

The first ‘Global Investment in Aviation Summit’ concluded Tuesday, 29 January in Dubai InterContinental Festival City Hotel in the presence of aviation industry and key officials.

The summit and exhibition began with a pre-event workshop on Airport and Aircraft financing and was officially inaugurated by H.E Eng. Sultan bin Saeed Al Mansoori – Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), in the presence of Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Airports; President of the Dubai Civil Aviation Authority; Chairman and CEO of Emirates Group, and H.E. Saif Mohammed Al Suwaidi, Director General of the GCAA on Monday.

H.E Eng. Sultan Al Mansoori appreciated the distinguished attendance in the summit that hosted ministers, several officials, and major international aviation companies stressed on the importance of the summit in highlighting the vitality of aviation and the air cargo sector, as well as enhancing the position of the United Arab Emirates as a pioneering country in the aviation sector.

His Excellency, added that the sessions created a common ground for all the participants to push more investments in this sector, which has become an important contributor to the economy by approaching global markets, as well as the rapid development of the aviation industry that will create career opportunities through future investments.

The “Global Investment in Aviation Summit” is an initiative of the General Civil Aviation Authority and was launched under the theme “Linking Developed and Emerging Markets through Attractive Aviation Investment Opportunities”.

The summit’s core objective is to explore and present investment opportunities within the aviation sector had an attendance of more than 750 investors, leaders, government officials, and financiers, and key aviation stakeholders from around the world.

H.E. Saif Mohammed Al Suwaidi, Director General of the General Civil Aviation Authority, thanked all participants, government officials, and dignitaries for their participation in the summit in the closing ceremony and called for stakeholders and specialists from around the world to join and participate in the second round of the Summit in Abu Dhabi next year.

“The United Arab Emirates enjoys a privileged position at the regional and international levels, as it is considered an incubator for the Gulf market, and planning partner for measuring the amazing technological development provided by the aviation industry to the businessmen and to the global aviation community, through planning for the future and studying the recent aviation needs that are expanding rapidly as well as continue efforts to create investors and partners network who are willing to explore new markets such as aviation medicine, data monetization, Artificial Intelligence, and more.” Al Suwaidi added.

Al Suwaidi said, “This high presence of participants confirms the common views and the commitment to develop the aviation industry through partnerships and cooperation that will further explore new strategies in the aviation market. This will strengthen the culture to create further optimal investments in the sector such as the creation of an eco-friendly industry, aircraft manufacturing, training, maintenance activities, and airport infrastructure, and other related topics that are based on transformation and reliance on digital technologies and innovation.”

A competition by “Intelak” – Aviation and Travel Incubator led by the Emirates Group, General Electric (GE) and Etisalat, that aims to crowdsource the best ideas to make travel simpler, better, or more exciting. The competition inspires and develops teams to become part of the conversation in travel and aviation. Five teams have participated in the event, providing admirable ideas in the aviation and travel industry, including Skky Network, The Concept, Trift, NG Aviation and Elixir Aircraft.

The summit panel “Aviation Training Global Investment Opportunities” was one of the highlights of the summit led by Ahmad Al Jallaf Assistant Director-General – Air Navigation Services Sector (GCAA), a key personality in the UAE aviation sector and the winner of the Aviation Executive of the Year 2018 in the Middle East Aviation Business Awards. 

Al Jallaf, said, “The discussion held in the session is a vital element to attract foreign direct investment on aviation training, and towards adopting solutions in education to achieve sustainable growth and enhance social responsibility to create new opportunities and jobs in the Aviation sector. The session aims to discuss investment in creating more educational and training responsible for the development of skilled and specialized jobs in the industry such as Air Traffic Controllers”.

The panel discussed aviation training methods and their importance, in addition to the emerging investment opportunities offered by the aviation sector. Al Jallaf, joined by Captain Anup Nair, Chief Flight Instructor at Fujairah Aviation Academy, Alexandre Alves, Chief Commercial Officer at Seven Air Group, Arthur Leopold-Leger, CEO of Elixir Aircraft, Captain Martin Mahoney, Senior Vice President for Flight Training at Emirate Airline, and Luciano Belviso, founder and CEO of Blackshape S.p.A.

The closing day featured three other panel discussions aimed at enhancing investments in aviation. The first session dealt with Global Investment in Aviation and its Trends, in the presence of Jamal Saif Al Jarwan, Secretary General of the UAE International Investors Council, Tahnoon Saif, CEO of the Mohammed bin Rashid Aerospace Hub, formerly known as Dubai South Aviation District, Tiago Lopes, Senior Engineer at the European Investment Bank (EIB), Peter Fuhrman, CEO of China First Capital, and Vasgen Edwards, Managing Director for Middle East and Africa at Boeing Capital Corporation.

The next panel discussion titled “Urban Space the New Frontier, Future is Now, Where to Invest”. Focused on investors and business personalities search for new destinations and stable markets, as well as the most effective tools in guiding and developing the aviation industry and the use of the technology in creating an ideal environment for aircraft and their operators in various areas of travel, cargo and other related services.

The session was moderated by Alexander Nase, Global Managing Director at FEV Consulting, Evgeni Borisov, CEO of Vimana Global, Gregor Grandl, Senior Partner at Porsche Consulting GmbH, Diana Seagull, VP for Mobility Programs at Aurora Flight Science, and Khaled Al Awadhi, Director of Transportation System Department of Dubai Roads and Transport Authority.

The last panel titled “Where’s the Gold in Aviation Value Chain?” Discussed the development of new sectors and destinations perspectives and where to invest in order to achieve sustainable growth was moderated by Katerina Sevcikova Urbanova, Chief Editor of Aerospace Magazine and was led by Achuzie K. Ezenagu, CEO of Toucan Aviation, Max Kamenetsky, Senior Product Manager at Loon, and Sibongile Sambo, owner of SRS Aviation.

GIAS’19 is considered a qualitative leap in the aviation industry that requires an estimated global investment reaching $1.8 trillion by 2030. With the steady growth rate of 4.3% per annum and supported by continued global aircraft maintenance market, this steady growth will be attributed to the successive developments in the market as well as increasing air travel demand around the world, especially in India, China, and the Middle East.

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

MILITARY PILOT TRAINING – SEVEN DECADES OF EXCELLENCE

MILITARY PILOT TRAINING – SEVEN DECADES OF EXCELLENCE

Date 17.6.2019

fl_en|fl_cs

Czech Republic has a long history in the area of military pilot training provided for a wide range of countries. The first real large-scale training occurred shortly after WWII when Israel was heavily supported by the then Czechoslovak administration. In the following decades, USSR satellite states´ pilots were trained in the country with hundreds of Czechoslovak pilots […]

AVIONICS – A DIGITAL REVOLUTION

AVIONICS – A DIGITAL REVOLUTION

Date 14.6.2019

fl_en|fl_cs

Avionics are without doubt the system which is undergoing the fastest evolution of all aeroplane parts. They have a key impact on plane efficiency, capabilities and safety, because they provide the interface for operating all systems, starting with flight controls, up to weapons and sensors, and therefore have always to be ahead of the development […]

The European Space Agency brand helps us a lot

The European Space Agency brand helps us a lot

Date 13.6.2019

fl_en|fl_cs

The ESA BIC Prague business incubator has only been in operation for three years but with its help, a number of space start-ups has already been established. It is now gaining more and more attention in the Czech Republic, daring students and entrepreneurs to embark on space projects. “We show potential candidates what is possible […]

CZECH CHOPPERS IN THE AFGHAN SKY

CZECH CHOPPERS IN THE AFGHAN SKY

Date 4.6.2019

fl_en|fl_cs

In January 2010 three Czech Mi-171Sh helicopters were unloaded in Afghanistan and soon after started to fulfil tasks within the ISAF international task force. After many missions in former Yugoslavia the most difficult foreign deployment of the rotary section of the Czech Air Force was about to begin. Prior to their departure these helicopters underwent […]

Space Industry Conference: A small step for a man, a giant leap for Slovakia

Space Industry Conference: A small step for a man, a giant leap for Slovakia

Date 28.5.2019

fl_en|fl_cs

There is a need to inform the general public of the importance of space activities and to persuade students and entrepreneurs that work on space projects is not just for the chosen few. These are inter alia the propositions agreed on by the participants at the Space Industry Conference which took place on Wednesday 20 March […]

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 […]

Show more
Subscribe to our magazineRegister now