abdul wahab teffaha secretary general - arab air carriers organization
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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. - PowerPoint PPT PresentationTRANSCRIPT
International Conference on Air Transport, Law & Regulation: Challenges for the MEA, Abu Dhabi 14-16 April 2009
Abdul Wahab Teffaha Secretary General - Arab Air Carriers Organization
Recession ? … Depression ?... &
A Bright Spot
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!
Overview
In spite of a global crisis, Arab Aviation continues its growth
AACO Members and Industry RPKs and ASKs growth
Source: AACO
Gulf War 1
Asian Financial Crisis
9/11 Attack Gulf War
2
SARSGlobal Recession
Air Transport is STILL a strategic asset .. Especially as an
economic catalyst
Source: AACO, ACI
Passenger Numbers in Arab Airports and Growth
Top Five Growing Arab Airports
Source: AACO, ACI
Top 5 Airports Growth 2008/1998
Airport SSH SHJ HRG DOH (2008/2000)
DXB
Growth 616.5% 443.6% 403.6% 368.3% 284.7%
Arab Air Transport Market Size and Distribution of Traffic
Source: AACO, ACI, IATA
75.6 Million Pax 85.7 Million
Pax
102.6 Million Pax
113.7 Million Pax
Effects of the crisis on Arab Aviation
IATA Industry Forecast
Source: IATA, EIU
Global passenger kilometers flown
1000
2000
3000
4000
5000
6000
7000
1980 1984 1988 1992 1996 2000 2004 2008 2012 2016
Bill
ions
14% lower
Pre-crisis industry forecasts (ICAO FESG)
Revised IATA forecast
1980-82 1991-93 2001-03 2008-10
17% lower
16% Lower
5% Lower
+4% over 2008
Source: AACO
AACO Members RPKs Forecast
Arab World and Industry GDP and RPKs Growth
Source: AACO, IATA, IMF
AACO Members Traffic Share on Inter-Regional Routes
Source: AACO
An Aero-political gridlock .. almost!
Two Arab liberalization agreements ..not really implemented: the main driving force for liberalization is national agendasNational economic agendas vary depending on economic attributes .. Hence there is no predominant model that applies regionallyPrivatization & Liberalization of ownership also depend on national economic attributes
An Aero-political gridlock .. almost!
Regional approach can only be achieved through creating a critical mass of like minded countries
or .. By external affiliation
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