After Dubai Airport Show: need to invest in the M.E. market
The Italian Trade Agency (ITA), in collaboration with the Embassy of Italy to the United Arab Emirates, Air Tech Italy and OICE, carried out the joint participation of 28 Italian companies exhibiting in the Italian Pavilion, its largest ever presence at the Airport Show 2022.
Held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, President of Dubai Airports, President and CEO of Emirates Airline and Group, the Airport Show took place from May 17 to 19, 2022, at the Dubai World Trade Centre (DWTC).
The present and future of UAE infrastructure could see a strong Italian input becoming a highly preferred provider and partner for infrastructure projects participating in a path that has already been undertaken, which clearly heads towards a new, green mobility and a digital transformation.
Italian expertise on offer during the event will include companies belonging to the main segments ATM, Airfield, GSE, Construction and Services, Engineering and Consulting, IT, Terminal.
The Airport Show provided the ideal platform for Italian aviation and technology companies to develop their presence in the Middle East, Africa and South Asia, showcased their expertise in airport technology and related services, and form connections with key decision makers in the GCC.
The UAE Aviation sector, a vital contributor to the country’s growth, is expanding to increase passenger traffic. The sector, despite the pandemic crisis of the last 2 years, has made remarkable progress over the past 15 years, both in terms of the total number of flights taking off or landing every day at UAE airports, and the number of passengers.
The sector currently contributes approximately 15 percent to the UAE’s overall GDP. With continued expansion in various markets and global connectivity, frequencies and capacity with the backing of heavy investments in expansion and upgradation of airports and allied tourism infrastructure, UAE Aviation aims to top the airline service quality index.
The four major UAE carriers, Dubai-based, Emirates Airline (full service carrier since 1985) and flydubai (low-cost carrier since 2009), Abu Dhabi-based Etihad Airways (full service carrier since 2004), and Sharjah-based Air Arabia (low-cost carrier since 2003), are expanding their operations and spending money in anticipation of increased passenger demand globally and higher traffic domestically.
Airports in the UAE continue to leverage new technologies to enhance the passenger experience and preference as a gateway and destination for their travel plan. To that end, the UAE government is investing over $23 billion in various airport development and expansion projects such as $8.17 billion in Al Maktoum International Airport, $7.6 billion for the Dubai International Airport expansion Phase 4, $6.8 billion for Abu Dhabi Airports development and expansion plans, and around $400 million in Sharjah’s International Airport Terminal Building expansion.