The first edition of the Global Investment in Aviation Summit (GIAS 2019) slated to take place in Dubai on January 28-29, 2019. GIAS 2019 will bring together more than 2,000 participants, including the world’s top investors in the aviation sector, government leaders, private financers, aviation asset owners, aircraft operators and logistic service providers.
“The Aviation Industry is one of the most important economic sectors globally, with the demand for air transport is projected to increase by an annual average of 4.3 percent, while the volume of the global aviation industry and its related logistic and technical services is estimated to reach $1, 000 billion,” Al Suwaidi said.
The two-day aviation event will focus on directing investments towards six different sectors, including aircraft maintenance, manufacturing and supply, aircraft engineering and technology , defense aviation, duty free markets and the aviation catering industry.
Focusing on these six main sectors is due to the developments witnessed by global aviation markets in order to meet the new markets’ demands. The GIAS will also allow countries, organizations and companies to discover investment opportunities offered by the aviation sector, in addition to attracting new global investors.
The summit is held at a time when the region’s aviation industry rides high on efficiency and performance, and amid expectations that the global aircraft maintenance markets will continue to grow and achieve stable growth rates due to increasing demand for their services as a result of the rapid and consecutive developments in these markets, as well as the continuous increase in airline fleets on the global scale, particularly in India, China and the Middle East.
The General Civil Aviation Authority is the federal authority that manages and regulates the UAE airspace and the aviation sector in order to serve the public in a dynamic and thriving aviation environment.
For further information and inquiries by countries, organizations and companies seeking to get finance to support their aviation projects, please visit www.gias.ae.