Aerospace Week to address region’s role in industry recovery
The comment was made by David Stewart, Partner at Aerostrategy, a UK-based consultancy specialising in commercial/military MRO market forecasting, who is speaking at MRO Middle East, the second edition of the successful conference and exhibition, presented by Dubai Airshow organiser F&E Aerospace and AVIATION WEEK.
The prediction for the Middle East MRO market compares favourably against the global market growth of 3.2 per cent, to total US$58.4 billion over the same period.
MRO Middle East is one of three shows running during ‘Aerospace
Week’, from 28 February to 4 March 2010, which will be inaugurated at Airport
Expo,
Aerospace Week opens with the MRO conference and exhibition on 28
February which will bring together industry professionals to discuss the
Commenting on the recent IATA report that the region’s air passenger growth of over 11 per cent in 2009 was the highest in the world, Mr Stewart said: “Greater airline activity typically drives growth in MRO spend, so MRO suppliers serving the Middle East will likely see greater growth rates here than in other regions. However, competition is likely to increase and firms need to be intelligent and nimble about identifying where the best business opportunities lie.”
The issue of increasing competition is also noted by another
conference speaker, Abdulla Al-Hudaid, Vice President Maintenance &
Engineering at Jazeera Airways. “More companies are entering the market,
resulting in competitive pricing. However, the region’s MRO industry could
compete against other MRO centres, mainly in
Eng. Hisham Nasser, Quality Assurance Director at Egyptair’s Maintenance & Engineering division, will broach the subject of ‘end of lease return’. “Airlines are leasing more than ever before, due to the economic situation and MRO companies in the region will benefit from either end or beginning of leases when maintenance checks need to be performed.”
A topic of significant importance to the Middle East - the effects of the region’s harsh environment on the aircraft engine - will be discussed in a forum by Adil Al-Sheibani, Senior Manager Development Engineering at Oman Air. “In addition to discussing solutions to mitigate the effects,” he says “the forum will be an opportunity to initiate dialogue between various airlines that will allow for best practices for the region, based on in-service experience and maintenance practices developed by the individual airline.”
Running at the same time and location is the second Aircraft Interiors Middle East (AIME) show which includes workshops and an exhibition, showcasing cutting-edge design, innovative cabin fittings and technological advancements.
The final event of Aerospace Week is the Aerospace & Defence Training Show (ADTS), from 3 to 4 March 2010, in association with Halldale Media.
ADTS comprises an exhibition featuring simulation training companies, training providers, colleges and manufacturers. The conference will cover topics such as how to engage youth in aviation and pilot training programmes.
For F&E Aerospace, contact: Ms Frances Barton, PR Manager, T: +9714 286 7755; M: +97150 650 3900; e: frances.barton@dubai.aero
For AVIATION WEEK, contact: Lisa Jaycox, Communications Specialist, T: +1 212-512-3272, M: +1 7189647404, e: lisa_jaycox@aviationweek.com
About F&E Aerospace
F&E Aerospace is a division of F&E. One of the most influential names in the aerospace industry's events sector, F&E launched the very first Dubai Airshow in 1989, in conjunction with Dubai Civil Aviation Authority and the UAE Armed Forces.
Covering all aerospace-related events in the
F&E portfolio, F&E Aerospace has a
long-standing relationship with the global aerospace industry, an in-depth
knowledge of the market and a hard-earned reputation for delivering event
excellence. F&E Aerospace maintains offices in
Dubai Airshow, the 12th show in
the series, takes place from 13 to 17 November 2011 at Airport Expo,
Middle East Business Aviation (MEBA) show,
from 7 to 9 December 2010 at Airport Expo,
Delivering world class events for 50 years, F&E organises international trade
events for business and consumers all over the world. It is a member of the
Tarsus Group plc, which was founded, and listed on the London Stock Exchange, in
1998. With offices in the
About AVIATION WEEK
AVIATION WEEK, a
division of The McGraw-Hill Companies, is the largest multimedia information and
services provider to the global aviation, aerospace and defense industries, and
includes Aviation Week & Space
Technology,
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, Platts, Capital IQ, J.D. Power and Associates, McGraw-Hill Construction and AVIATION WEEK. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at www.mcgraw-hill.com
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