Days before the opening of Dubai Airshow 2021, AACO Secretary General Abdul Wahab Teffaha said the recovery could take between three and five years depending on how the world adapts to the “new normal”.
After making its move with a next-generation light fighter designed for export, Russia believes it will be able to scoop up orders from a wide range of countries.
After attracting new customers amid the pandemic and recovering faster from the crisis than other aviation sectors, business aviation in the region is also benefiting from warming diplomatic ties, MEBAA founder Ali Alnaqbi says.
Despite the increase in Middle Eastern cargo capacity, the startup believes there will be more than enough demand for it to coexist alongside the larger incumbents.
Airbus’ decision this year to introduce a cargo version of the A350 to take on the 777F may see Boeing expedite the launch of its next-generation freighter.
In its first global market forecast for two years, Airbus sees a market for 39,020 new aircraft until 2040—almost the same number as predicted two years ago.
The OEM reports that it has already got a lot of traction in the international market for the pod, which is designed to house various sensors, including those developed in-country by buyers.
On the eve of the show there are positive signs for the organizers as the number of exhibitors is to be at similar levels to 2019 and the amount of aircraft on static display may surpass the previous edition.
As airpower capabilities shift to a non-kinetic focus, the service understands the need to break down obstacles that frustrate attempts to create seamless interoperability with allies.
Continuing uncertainty in the recovery of long-haul flying and airlines’ battered balance sheets mean Airbus and Boeing are not expecting a raft of orders any time soon.
M&A activity is not expected to return, with the region’s MROs instead pursuing partnership models to strengthen their market positions while they await a full recovery of the commercial aftermarket.
