Tag Archives: UAE General Civil Aviation Authority

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 …

Global Investment in Aviation Summit 2019 is all set to take place from January 27-29, 2018 at the Intercontinental Dubai Festival City with brainstorming on challenges and investment in aviation being the core objectives. The required modernisation of aviation infrastructure expansion, development, and modernisation to cater to anticipated increase in passenger and freight air traffic demand will reach USD 1.8 trillion by 2030. GIAS 2019 is an initiative of the UAE General Civil Aviation Authority (GCAA), which was established to create a leading, safe, secure and sustainable civil aviation system in the country. According to a report published by the International Air Transport Authority (IATA), global aviation will have to cater to over 14 trillion passenger traffic and 466 billion tonnes of freight traffic by 2034. This projection will show an increase of 14.5 per cent RPK and 4.2 per cent FTK, per annum respectively. The projected growth in global aviation industry will generate at least 99 million jobs and will contribute USD 5.9 trillion in GDP, a 122 per cent increase from 2014, according to the same IATA report. The UAE is investing substantially in upgrading the aviation infrastructure. HE Saif Mohammed Al Suwaidi, Director General, UAE General Civil Aviation Authority, said, “Aviation has been an important part of the UAE’s economic growth. One of the nation’s vigorous strength is its rapidly-expanding infrastructure, with spending of USD23.16 billion, including USD8 billion for expansion of Al Maktoum International Airport, USD7.6 billion for Phase IV development of Dubai International Airport, and USD 6.8 billion for expansion of Abu Dhabi International Airport. Collectively, the UAE increases its fleet per month by approximately 4-5 per cent and the total number of aircraft will …