Dubai Airshow Closes with US$113.8 Billion Deals

21.11.2017 Aviation
Dubai Airshow Closes with US$113.8 Billion Deals

Dubai Airshow Closes with US$113.8 Billion Deals

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As the doors closed on another record-breaking Dubai Airshow, exhibitors are rushing to re-book for the next edition of the biennial event, in 2019.

Trade visitors to the event were up around 20% on the 2015 event, with some 79,380 people entering the purpose-built hall at DWC, Dubai during its five-day run.

At the end of the show’s final day, the order book stood at almost US$113.8 billion with Michele van Akelijen, Managing Director of organizers, Tarsus F&E LLC Middle East, saying: “The figures speak for themselves - it’s been another successful year. Dubai is geographically at the centre of the global aviation world, and Dubai Airshow is where the sector comes to do business. We have seen incredible, unmatched deals, innovations and ideas.

“Our variety of conferences - the Space Pavilion and Conference, the UAV Summit, the Cargo Zone conference and Pavilion, Airport Solutions Dubai Conference and Pavilion, and the Gulf Aviation Training Event - underline our commitment to making the Airshow a centre of global thought leadership. We aim to help generate the creative knowledge-sharing environment the industry needs in order to thrive,” she added.

Returning international exhibitor Turkish Technic, a maintenance, repair and overhaul company based at Istanbul’s Ataturk Airport, is celebrating a successful Dubai Airshow, and plans to return for the 2019 edition.

“During this year’s event, we signed a MoU with Saudia Aerospace Engineering Industries, expanding our support of its customer’s fleet in the region,” said Turkish Technic spokesman, Muhammed Memduhoglu.

Swiss aircraft manufacturer Pilatus shored up its regional business with a strong presence at the heart of the exhibition hall. Spokesman Bruno Cabrini said he saw a great deal of interest in the company’s latest aircraft offering - the PC-24, the world’s first business jet which can be used on short, unprepared runways.

Meanwhile US-headquartered Parker Aerospace’s spokesperson Elizabeth Butterfield said their show had focused on consolidating existing relationships across the region. “It’s been extremely worthwhile, she said, “We have managed to see all of our major regional customers in the space of four or five days. While we know this region well, the Dubai Airshow gives us the chance to meet with our local customers, get them on our stand, and further understand their business needs.”

The Airshow was marked by game-changing deals from start to finish. Airbus revealed its largest single announcement ever - a US$49.5 billion deal with Indigo Partners to purchase 430 aircraft in its A320neo family. With the Airbus order, Indigo Partners, a US-based private equity fund, has doubled its existing order of 427 A320 family aircraft. The fund owns four ultra low-cost airlines, Wizz Air, Frontier Airlines, JetSMART and Volaris.

Golden Falcon Aviation, the exclusive aircraft provider of Kuwaiti carrier Wataniya airways signed a deal to lease 25 Airbus A320neo Family aircraft, while Air Arabia, the Middle East low cost carrier, agreed to lease six Airbus A321neo aircraft. AerCap and Egypt Air negotiated a deal with Airbus during the Dubai Airshow to lease 15 Airbus A320neo.

Boeing won large commitments across its twin- and single-aisle commercial airplane families, debuting key capabilities including the CST-100 Starliner docking and KC-46 re-fueling simulators, and announced services agreements at the 2017 Dubai Airshow.

“This has been a very successful show for Boeing. Our regional customers have maintained their trust in our products and technology, and our partnerships in the Middle East region continue to grow. We signed agreements with key airline partners including Emirates, flydubai, Azerbaijan Airlines, ALAFCO and Ethiopian Airlines. In addition, Egypt Air became a new customer for the 787. The Airshow was a great opportunity to introduce our newest business unit, Boeing Global Services, to the Middle East market and reiterate the region’s importance to Boeing,” said Bernard Dunn, President, Boeing Middle East, North Africa and Turkey.

Boeing inked a US$27 billion deal with carrier flydubai for 225 aircraft in its 737 MAX family, the largest-ever single-aisle jet order - by number of airplanes and total value - from a Middle East carrier.

Fledgling supersonic airline Boom chose the Dubai Airshow to reveal more details of its plans for commercial Mach-2 flights. Emirates unveiled its world-first enclosed first-class cabin and next-generation broadband in-flight connectivity onboard its new Boeing 777X fleet, and the UAE Space Agency gave visitors insight into its plans for a Mars probe.

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