The speech set the scene for a conference that was firmly set on promoting growth, change and innovation.
Here are the pertinent points made by the chairman:
Aviation is a very special industry. Almost $600 billion in revenues. We support 32 million jobs, facilitating the global village and $3.5 trillion in economic activity.
Effects of the Recession
For several years now, airlines and airports have been benefiting from robust demand for air travel in line with healthy global economic growth. Sadly, this pattern changed abruptly in 2008. Crippling high fuel prices and more recently a slowing global economy have proved extremely challenging for the aviation industry around the world.
Despite a worldwide slump, the aviation sector in
Planned purchases of $200 billion in aircraft over the next decade will continue to support growth. The region is expected to handle 400 million passengers by 2020 and has plans to invest US$ 100 billion in airports expansion projects over the next few years, which includes eight new runways in the Gulf region. In contrast, the
Change Here to Stay
If there's one thing on which we all agree it's that we cannot sit back and rest on our laurels for a job well done. Change is a fact of life in today's world and new challenges are arriving all the time. The status quo simply will not suffice.
Our strategies and business models need a continuous re-look as the aviation scene is changing rapidly as a result of the global downturn, security issues, expansion of LCC's, growth in demand for allied services including MRO and ground handling, proliferation of undiscovered ancillary revenue strategies, shortage of skilled human resources, various types of consolidation and emergence of a new wave of technology. All this has led to market fragmentation and segmentation. We need to communicate closer, understand each other, and work together. The '
Air Centre Conference
Dr. Khaled Almazroui added:
“Our vision for the Air Centre calls for the evolution of the
“Over the next two days, let’s meet with one another and let’s discuss ideas for moving forward, as we explore the power of partnerships.”
Air Center 2011 Conference Details
Between 200 to 300 delegates are meeting during 13-14 April 2011 at the Al Diar Siji Hotel in
Take a Look
Download a copy of the Air Center Conference booklet which contains the Chairman’s welcome, the schedule of meetings, the speaker biographies and the list of conference sponsors.
This article is also posted in the
Image: The front page of the Air Center Conference booklet.