Dubai 2001 closes with $15.48 billion order book

Published November 11th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Dubai 2001, the 7th international aerospace exhibition, which ended a five-day run at the Airport Expo Dubai on Thursday, November 8, closed with a disclosed on-site order intake of $15.48 billion, according to figures released by the organizers. Exhibitors have disclosed another $25 million worth of sales could be concluded within days as a result of the show. 

 

The on-site contract intake included aircraft acquisitions, engine orders, corporate jet charters and the supply of radio monitoring, receiving and recording systems and equipment. And as the show, which featured 450 exhibitors from 33 countries and 10 national pavilions, drew to a close, organisers revealed high hopes for the largest Dubai air show in 2003. 

 

Canadian company, STAR Navigation Systems entered into an MOU with Fujairah-based Veesem Raytech Aerospace to form a joint alliance within the next month. Under the agreement, Veesem Raytech will distribute STAR’s In-flight Safety Monitoring System (ISMS), across the greater Middle East and Indian Sub-continent. 

 

Dubai 2001 was the first of the big four air shows to be held after the September 11th tragedy in the USA and the resultant downturn in the aviation industry, but exhibitors and visitors alike said the exhibition was a major confidence boost for the aerospace sector. 

 

“Eighty percent of those exhibiting this year have already reserved space for Dubai 2003,” said Virginia Kern, chairman of Fairs and Exhibitions, which organises the Dubai air show. Dubai 2003 will be held at the Airport Expo Dubai from December 7-11th, 2003. Although the Dubai air show is traditionally held in November, the organisers have moved to the early December date so as not to clash with the Holy Month of Ramadan. 

 

First to sign up for the show was Russian aerospace giant Sukhoi, which has reserved 200 square metres, more than its Dubai 2001 participation. “We have had reservations from the German pavilion organisers and from Brazilian plane maker Embraer, which has reserved both a stand and chalet,” said Fairs and Exhibitions Chief Executive Clive Richardson. “We are also processing exhibitor requests from several companies which visited the show this year. 

 

“In addition, market leading companies Lockheed-Martine, Rolls Royce, Bombardier and Boeing have requested that their chalet interiors be kept in-situ for the next two years, which is a cost-effective means of operating a chalet in 2003 and one we are happy to agree to.” 

 

Organizers also said that Dubai 2003 will feature an ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) pavilion and conference, as well as an information technology arena and conference. “The feasibility of a pavilion devoted to airport technology is also being reviewed,” added Richardson. 

 

The Dubai air show is organised by Fairs and Exhibitions in conjunction with the Department of Civil Aviation, Government of Dubai and in collaboration with the UAE Armed Forces. — (menareport.com)

© 2001 Mena Report (www.menareport.com)