The MEBAA Show 2024, a premier event in the business aviation sector, is set to unfold with an array of networking and business opportunities that reflect the dynamic growth of the industry in the Middle East and North Africa (MENA). Celebrating its 10th edition, the show is strategically designed to cater to the escalating demand for business travel within the region, emphasizing its role as a crucial marketplace for introducing innovations and forming impactful connections.
In 2023, the MENA region saw a record 16,657 aircraft movements, indicating robust activity in private aviation. The average net worth of private jet buyers in this region surpasses USD 1 billion, highlighting the affluent clientele that frequents this market. Both the UAE and Saudi Arabia continue to attract high-net-worth individuals (HNWIs), with a keen interest in luxury and bespoke travel experiences, thereby underscoring the strategic significance of the region in the global aviation landscape.
Specifically, Saudi Arabia has experienced a noteworthy surge in private jet travel, with an 11% increase since 2020. This growth trajectory is anticipated to further escalate by 2030. Vista, a major player in the industry, reported a significant 59% year-over-year increase in flights and a 51% rise in flight hours during the first quarter of this year within the Kingdom, suggesting a firm upward trend.
Ali Alnaqbi, Founding and Executive Chairman of the Middle East & North Africa Business Aviation Association (MEBAA), stated, “The MEBAA Show continues to be a crucial platform for fostering essential industry connections and spearheading innovation. Our commitment to excellence is manifested through enhanced networking opportunities and deep insights into prevailing trends and future forecasts in aviation services and products.”
This year’s event is expected to host an impressive lineup of global leaders and regional stalwarts like Saudia Private, Qatar Executive, Mukamalah Aviation Company, and Jet Aviation. The Operators Programme, reintroduced following its successful inception at the last show, will serve as a vital networking center facilitating pre-arranged meetings between operators and exhibitors. Participants will enjoy benefits such as fast-track show entry and access to a private lounge, which will serve as a crucial point for gaining new market insights and discussing emerging trends.
Trevor Esling, Vice President Commercial at Qatar Executive, expressed enthusiasm about their participation, “We are thrilled to showcase our latest fleet addition, the Gulfstream G700, at this year’s MEBAA Show. This aircraft not only offers a luxuriously spacious interior but also boasts exceptional range capabilities, setting a new benchmark in private aviation with our unmatched personalized services.”
The BizAv Talks segment will return with a robust agenda, featuring C-level industry leaders who will delve into current industry dynamics and innovative strategies for sustainability, technology integration, enhancing customer experiences, and operational efficiency. These discussions are aimed at providing actionable insights and advancing the business aviation sector.
Dr. Fahad Aljarboa, CEO of Saudia Private, will participate in a panel discussing future trends in VVIP business jets, focusing on customization and environmental sustainability. He noted, “The VVIP business jet segment is rapidly evolving, and we anticipate a greater emphasis on eco-friendly practices and enhancing in-flight productivity to elevate the customer experience.”
The exclusive Platinum Guest Programme will offer VIPs and ultra-high-net-worth individuals a distinguished visiting experience complete with concierge service, premium lounge access, and private jet tours. Additionally, the Luxury Boulevard will provide a unique opportunity for interactions with high-end luxury brands amid a splendid display of private jets.
The MEBAA Show 2024 is scheduled from December 10-12, 2024, at Dubai World Central (DWC), Dubai Airshow Site. For more details, visit www.mebaa.aero.