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Abdul Wahab Teffaha Secretary General - Arab Air Carriers Organization

Recession ? … Depression ?... & A Bright Spot. Abdul Wahab Teffaha Secretary General - Arab Air Carriers Organization. International Conference on Air Transport, Law & Regulation: Challenges for the MEA, Abu Dhabi 14-16 April 2009. Overview.

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Abdul Wahab Teffaha Secretary General - Arab Air Carriers Organization

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  1. Recession ? … Depression ?... & A Bright Spot Abdul Wahab Teffaha Secretary General - Arab Air Carriers Organization International Conference on Air Transport, Law & Regulation: Challenges for the MEA, Abu Dhabi 14-16 April 2009

  2. Overview • In spite of a global crisis, Arab Aviation continues its growth • Air Transport is STILL a strategic asset .. Especially as an economic catalyst • Effects of the crisis on Arab Aviation • An Aero-political gridlock .. almost!

  3. In spite of a global crisis, Arab Aviation continues its growth

  4. AACOMembers and Industry RPKs and ASKs growth Asian Financial Crisis SARS 9/11 Attack Global Recession Gulf War 1 Gulf War 2 Source: AACO

  5. Air Transport is STILL a strategic asset .. Especially as an economic catalyst

  6. Passenger Numbers in Arab Airports and Growth Source: AACO, ACI

  7. Top Five Growing Arab Airports Source: AACO, ACI

  8. Arab Air Transport Market Size and Distribution of Traffic 75.6 Million Pax 85.7 Million Pax 102.6 Million Pax 113.7 Million Pax Source: AACO, ACI, IATA

  9. Effects of the crisis on Arab Aviation

  10. IATA Industry Forecast Source: IATA, EIU

  11. AACO Members RPKs Forecast 5% Lower +4% over 2008 16% Lower Source: AACO

  12. Arab World and Industry GDP and RPKs Growth Source: AACO, IATA, IMF

  13. AACO Members Traffic Share on Inter-Regional Routes Source: AACO

  14. An Aero-political gridlock .. almost!

  15. An Aero-political gridlock .. almost! • Two Arab liberalization agreements ..not really implemented: the main driving force for liberalization is national agendas • National economic agendas vary depending on economic attributes .. Hence there is no predominant model that applies regionally • Privatization & Liberalization of ownership also depend on national economic attributes Regional approach can only be achieved through creating a critical mass of like minded countries or .. By external affiliation

  16. Conclusion

  17. Conclusion • In spite of the bright spot .. The long term future of growth depends on structural aero-political change • Liberalization & Privatization will become priorities but not uniformly • Air transport will continue to be an engine for economic growth

  18. Thank you

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