The General Civil Aviation Authority (GCAA) announced the launch of the much awaited second edition of the Global Investment in Aviation Summit 2020, which will be held on 27-29 January under the theme “Enabling Global Aviation Growth through Fund Raising and Key Partnerships”. The mega event will bring together more than 200 investors and 1,200 delegates including the world’s top leaders in the aviation sector. It will also see participants from selected government officials, aviation organizations, finance & insurance companies, aviation asset owners, aircraft operators & logistic service providers and legal consultants. The summit presents the most crucial projects and investment opportunities in the international civil aviation sector, which are the perfect window for entrepreneurs and specialists to explore the main opportunities and investment strategies. The aviation sector within the UAE continues to achieve remarkable growth rates in passenger traffic, accompanied by development & growth in infrastructure, technical equipment and quality of services provided. HE Saif Mohammed Al Suwaidi, Director General of the UAE General Civil Aviation Authority (GCAA), said, “The aviation industry is one of the cornerstones of the country’s economic development. The national agenda for 2021 aims for UAE to be the world’s first in the quality of the air transport infrastructure, thus enhancing the position that the UAE occupies in this sector. It plays an important role in supporting and sustaining the national economy, and contributes to marketing investment opportunities and directing them towards the best possible way, as well as attracting the most important international companies to the local markets.”
Read More »Over 600 participants from 50 countries attend Global Investment in Aviation Summit in Dubai
H E Eng Sultan bin Saeed Al Mansouri, UAE Minister of Economy, and Chairman, General Civil Aviation Authority, in the presence of His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai Airports; President of the Dubai Civil Aviation Authority; Chairman and CEO of Emirates Group and H E Saif Mohammed Al Suwaidi, Director General, General Civil Aviation Authority inaugurated the Global Investment in Aviation Summit (GIAS) on January 28. The UAE General Civil Aviation Authority and International Civil Aviation Organization (ICAO) signed a Memorandum of Understanding (MoU) at the ceremony to develop and expand cooperation for the establishment of Sheikh Mohammed bin Rashid Global Aviation Award (SMBRGAA). The MoU will serve to stablish and implement joint efforts to promote the development of international civil aviation in a safe and orderly manner. The opening ceremony of the summit included a series of keynote speeches and panel discussions for the senior policy-makers and business leaders to share their knowledge and expertise, and to extrapolate the current economic situation and opportunities. In his welcome speech, Al Mansouri said, “I am honoured to welcome you all on behalf of the United Arab Emirates government at the Global Investment in Aviation Summit, under the theme ‘Linking Developed and Emerging Markets through Attractive Aviation Investment Opportunities’. This global marketplace aims to promote investment and enhance international air navigation by encouraging discussions and agreements between governments and decision-makers and investors.” He also stressed that by the year 2034, civil aviation will witness double increase in number of passengers compared to previous years. This will lead to the emergence of the need to implement modernisation and expansion of high-quality airport infrastructure, requiring more investment to match the …
Read More »GIAS to kick off tomorrow in Dubai
The maiden Global Investment in Aviation Summit will be officially opened on January 28, 2019 at Intercontinental Festival City Dubai, organised under the patronage of the UAE General Civil Aviation Authority (GCAA). The summit is expected to host more than 500 delegates, 200 global investors, 200 aviation senior-level attendees, 80 speakers from the region’s airlines and aviation organisations. Aviation industry has become one of the most important revenue earners globally as it creates a network of opportunities to connect the world at large. At a recent media briefing, Omar Bin Ghaleb, Deputy Director General, General Civil Aviation Authority stated that this event will be a good networking platform that will connect the leaders in aviation industry. Today, Dubai is en route to become the aviation capital in the world due to many reasons. Shorter flight time, easy connectivity, ease of visa rules, developed world-class infrastructure facilities, etc. provide the perfect setting for the world to meet at the easiest point.
Read More »Dubai to host maiden Global Investment in Aviation Summit
The first Global Investment in Aviation Summit (GIAS), set to be held in Dubai, will host over 500 top aviation asset managers, aircraft lessors, investors, airlines, aircraft manufacturers, maintenance, repair and overhaul (MRO) facilities, aviation logistics suppliers and fixed-base operators (FBOs). The delegates from 40 countries will include 20 aviation ambassadors, 10 knowledge partners, 200 aviation officials and 300 investors brainstorming throughout the three days. The conference will take place as the UAE authorities are investing Dh85 billion ($23.16 billion) in airport development and expansion that will see its airports handle develop combined capacity to handle more than 300 million passengers per year. “Our airlines and airports have been ranking consistently as among the best internationally. On compliance level, UAE ranked as a top member state of the International Civil Aviation Organisation. GIAS is UAE’s testament of our commitment to push the nation to be a global pioneer in this field. The glass ceiling is not too high to break as we have mounted unimaginable innovations,” said HE Saif Mohammed Al Suwaidi, Director-General, UAE General Civil Aviation Authority.
Read More »UAE and Bahrain civil aviation ink deal for air transportation
The General Civil Aviation Authority (GCAA) signed an agreement to regulate air transport services between the United Arab Emirates (UAE) and the Kingdom of Bahrain. In light of the Bahrain Ministry of Transportation and Communications’ objective to upgrade all its services, especially in the air transport sector with close cooperation between the UAE and its sister, the GCAA witnessed an MOU signing ceremony between the two countries after a successful round of negotiations. Saif Mohammed Al Suwaidi, Director General of UAE, GCAA expressed his appreciation to the Kingdom of Bahrain for hosting important negotiations and raising the development of air transport services between the two countries. Mohammed Thamer Al Kaabi, Undersecretary of the Ministry of Civil Aviation Affairs said, “The draft agreement signed with the UAE represents a qualitative leap in the organisation and development of air transport services between the two countries for providing legal frameworks that meet the highest aviation security and safety requirements.”
Read More »GCAA to develop next-gen air traffic management system in UAE
General Civil Aviation Authority (GCAA) in collaboration with Spanish company Indra Sistemas (Indra) will develop a new air traffic management system for Sheikh Zayed Air Navigation Centre. The new system will enhance and modernise its capabilities in order to cater for the growth of the air traffic management sector in the country. The Sheikh Zayed Air Navigation Center provides air traffic control services to more than 2,500 air traffic movements per day. The new system which has been characterized as a “Next Generation Air Traffic Management System”, will be one of the most advanced systems in the world. It’s specifications and functions are being applied for the first time in the world, ahead of the timelines set forth by the International Civil Aviation Organization (ICAO) to meet the Aviation System Block Upgrade modules as identified in the Global Air Navigation Plan. Once implemented, which is expected to be completed in mid-2020, the project will be a strong pillar of the country’s infrastructure and will represent a significant contribution to the advancement of the aviation sector and the country’s economy for the next 20 years. The system will include functions to support and enhance safety and efficiency, with a clear focus on the automation of many processes. It will also include the potential to enhance airport operations and will be environmentally friendly. The system will help to save fuel and create an eco-friendly aviation system in the county through the exchange of flight information from pre-departure phase until the arrival gate at the destination airport. His Excellency Saif Mohammed Al Suwaidi, the Director General of the General Civil Aviation Authority of the UAE, said, “We believe in continuous and sustainable investment in …
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