RIYADH, Saudi Arabia – Kingdom of Saudi Arabia is one of the largest aviation market in the Middle East region. It has recorded a consistent growth in the past decade and has future plans to increase its aviation assets including the construction of new airports and existing airports developments and the national carrier Saudi Arabian Airlines has firm plans to increase its fleet manifold. The kingdom has received over 90m passengers in 2015 and expected to grow between 5-7% every year.
Over US$80 billion is allocated for the defense budget spending in 2016, Saudi Arabia is known as the 3rd largest defense market in the world. A significant portion of the budget is earmarked to modernize the existing air force fleet and training and the state is encouraging the local manufacturing and sourcing of its requirement which provides an excellent business opportunity for the local global aerospace fraternity focusing civil & military. The easing of the regulations in the civil aviation industry is encouraging the local and international companies to enter in to airports and aviation markets with direct investment opportunities.
Saudi Aerospace Summit 2016 will bring together the global aerospace industry (civil & military) including the aircraft manufacturers, MRO services providers, OEM’s and suppliers, IT Support, equipment manufacturers and suppliers (civil & military), airlines, safety & security, training (civil & military) and others.
Saudi Aerospace Summit will feature an exhibition and conference, will bring together the global aerospace companies those are involved in manufacturing, supplies, services and distribution segments of the industry will provide an unique platform between the region’s largest buyer and global sellers in Riyadh.
The focus of the summit is on current requirement and developments in the Saudi Aerospace market (civil and military) and to utilize the new business potential to achieve the maximum desired results. The exhibition will showcase the latest aerospace technologies, products and demonstration of the services and the concurrently held conference will discuss the trends, issues, solutions, future and in-depth business exposure to the aerospace industry in Saudi Arabia and region.
Unique features of Saudi Aerospace Summit 2016
• The summit that allows the segments of global aerospace industry for an uninterrupted networking with their Saudi counterparts (Civil & Military)
• The summit will highlight the current issues and solving techniques, demonstration of innovative technologies, panel discussion, case studies, new products, improving the standards, recommendations and exchange of ideas to achieve the maximum efficiency.
• Over 80 exhibitors representing Civil & Military aerospace fraternity will showcase their capacities and capabilities.
• Over 250 Saudi Arabia / International delegates representing defense forces including Air Force / Armed Forces and Navy, Airlines and Aviation companies.