The General Authority of Civil Aviation of Saudi Arabia (GACA) is set to showcase its aviation and investment opportunities to the British industry captains at the Farnborough International Airshow, which opens its doors today (July 22).
The event, which runs until July 26, offers a global platform for GACA to update the industry on the progress of the Saudi Aviation Strategy, build bilateral relationships and commercial partnerships with the United Kingdom, and promote GACA’s regulatory reforms to enable growth and innovation in Saudi Arabia.
The Farnborough International Airshow 2024 is expected to attract around 75,000 visitors from 102 countries, with 250 civil, military, and space delegations.
The Saudi delegation, headed by President, Abdulaziz Al Duailej, will be attending the Airshow and a host of other industry events during the UK visit.
A key highlight will be the inaugural UK-Saudi Aviation High Level Roundtable on July 24 for showcasing aviation and investment opportunities to the British aviation industry, hosted in partnership with the The Saudi British Joint Business Council UK.
The roundtable will feature presentations from GACA, the UK Department of Transport, the Saudi Arabia Public Investment Fund, Ministry of Investment and Saudi airport sector.
Al Duailej said: "We are excited to share Saudi Arabia’s unprecedented opportunities with the aviation world, and the Kingdom’s vision for the future of global aviation. We strongly believe that the United Kingdom’s expertise in aviation and infrastructure and the Saudi Aviation Strategy’s growth agenda will create significant commercial opportunities, building on the strong aviation ties between both countries."
The Saudi aviation sector, he stated, was undergoing significant transformation through the implementation of the Saudi Aviation Strategy, with 2024 representing a record-breaking year for passengers and flights in the kingdom.
Saudi Arabia saw the number of passengers surge 17% between January and June to a record 62 million, with flights increasing 12% to 446,000, well above pre-pandemic levels.
In addition, GACA has introduced major economic policy reforms, a general aviation roadmap and pioneered new Advanced Air Mobility regulations to enable growth and innovation in the Kingdom’s aviation sector.-TradeArabia News Service
