As global players from the aerospace and defense sectors prepare to gather in less than two weeks, this year's Dubai Airshow will be the largest ever, with more than 1,400 exhibitors from 95 countries and an expected increase of attendance compared to the previous year's edition. edition of the year. .
The 18th edition of the air show offers an opportunity to welcome many new and old industry players to the emirate and talk about recovery and growth thinking . of the aerospace industry in general in recent years, particularly in the Middle East, where the number of passengers continues to increase.
According to the International Transportation Association Air (De According to IATA, Middle Eastern airlines reported a 27.3% year-on-year increase in traffic in August, while global traffic is now at nearly 96% of pre-COVID-19 levels. Also Dubai Airports announced this in the first half of 2023. 41.6 million customers were served, up 49% compared to the same period in 2022, driven by a 43% increase in passenger traffic in the second quarter.
As the aerospace and defense industries continue to play a vital role in local, regional and international economies, there are more than 1,400 exhibitors, including 400 new exhibitors, and More than 80 emerging companies from all industries. , Space, Defense & Military, Executive Aviation, Air Traffic Management, Emerging Technologies and more will showcase mega events of industry-changing solutions and innovations.
An expanded space The pavilion in collaboration with the United Arab Emirates Space Agency will also be a key element of this year's edition. Major new participants will be present, including Mohammed Bin Rashid Space Center (MBRSC), Technology Innovation Institute (TII), Dubai Electricity and Water Authority (DEWA) and many others, demonstrating how collaboration works in space technology and the aeronautical industry. Shaping the future of travel.
Dubai Airshow 2023 will also feature a comprehensive conference program with over 300 international speakers and over 80 hours of informative content to spark conversations on the industry's hottest topics such as sustainability, space, advanced air mobility and air. Traffic management, passenger experience, diversity and more. Numerous networking opportunities will also support the Airshow's position as a leading international platform for valuable business opportunities that will play an important role in the future of the industry.
As One Uno One of the most anticipated aspects of the Dubai Airshow is the return of the famous stand and flying displays, featuring an impressive selection of the world's most advanced aircraft. The flying exhibition will maintain its status as one of the most impressive opportunities for manufacturers to demonstrate their aeronautical capabilities to the global aerospace industry, providing visitors with an impressive spectacle every day. This year's static demonstration will create a new benchmark. More than 180 commercial and military aircraft will be on display.
The participation of regional and international airlines will also reflect the strong growth and changes seen around the world. 'industry. Earlier this year, Emirates released its 2022-23 annual report and announced its most profitable year ever, with a profit of AED10.6 billion ($2.9 billion), compared to a loss of AED3.9 billion ($1.1 billion). Meanwhile, Etihad Airways reported a record operating profit of $296 million in the first half of 2022, compared to a loss of $392 million in the same period last year, and the leading leisure airline with standards highest in the world, Beond, announced the launch this year of , further reflecting the return of the luxury leisure market.
TeroTaskila, CEO and President of Beond, said: “Beyond is excited about the opportunity to showcase our beauty at the upcoming Dubai Airshow. This aircraft embodies our vision of an innovative approach to premium leisure travel and the promise of a revolutionary flying experience for our customers. This marks the start of our journey as the world's premium leisure airline and we couldn't be more excited to celebrate with our industry partners at the Airshow.
The same growth can be observed throughout the region. Qatar Airways Group released its annual report for 2022/23, highlighting a record year of profits of $21 billion, up 45% year-on-year, and Saudia Group recently revealed its new brand identity, part of its overall strategy is to support the continued development of the aviation sector, not only in the Kingdom, but also in the MENA region, to meet growing demand.
His Excellency Ibrahim Al Omar, CEO of Saudia Group, said of the transformation: “This is an exciting moment in the group's history. The new brand offers much more than an evolution of our visual identity, but rather a celebration of all we have achieved. We are implementing a fully integrated program that will enable us to play a leading role in advancing Vision 2030, in line with the objectives of the Saudi aviation strategy. Our goal is to expand the Group's fleet to 318 aircraft and serve 175 destinations. “As we enter a new era, we believe we have everything we need to deliver on our promise to bring the world to Saudi Arabia and showcase what the Kingdom has to offer in terms of tourism and business.”
Phenomenal growth and innovation will be at the heart of the Dubai Airshow, not only demonstrating cross-sector advances but also serving as a platform to promote collaboration, technological advancement and the expansion of boundaries for stimulate innovation for the future.
Taken under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, instead of . of Dubai and Minister of Defense of the United Arab Emirates, the 18th edition of the Dubai Airshow will take place from 13 to 17 November 2023 at Dubai World Central (DWC), the Dubai Aeronautics exhibition centre. The event is supported by major aviation industry players including Dubai Airports, Dubai Civil Aviation Authority (DCAA), UAE Ministry of Defence, Dubai Aviation Authority for Projects of Engineering (DAEP) and the United Arab Emirates Space Agency.