Supersonic business jets and e-taxis to feature at Global Investment in Aviation Summit

Companies participating in the summit include Aerion, Zunum Aero, Vinci Airports, Dubai South and start-up, Wheeltug Journey
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UAE has a good reputation in the aviation sector. This big number of aviation companies joining GIAS reflects the unique position that the United Arab Emirates enjoys both on regional and international levels, said H.E Saif Mohammed Al Suwaidi
UAE has a good reputation in the aviation sector. This big number of aviation companies joining GIAS reflects the unique position that the United Arab Emirates enjoys both on regional and international levels, said H.E Saif Mohammed Al Suwaidi

Set to take place on the 28 – 29 January 2019 at the Intercontinental Dubai Festival City, the Global Investment in Aviation Summit will draw is expected to draw over 2,000 participants from across various segments of the aviation industry, as well as government officials. A host of global aviation companies will be present at the show including Aerion, Zunum Aero, Vinci Airports, Dubai South and start-up, Wheeltug Journey.

Under the theme, Linking Developed and Emerging Markets Through Attractive Aviation Investment Opportunities, the summit is an initiative of the UAE General Civil Aviation Authority aimed at exploring investment opportunities within the global aviation sector.

H.E Saif Mohammed Al Suwaidi, Director General of the General Civil Aviation Authority, said, "UAE has a good reputation in the aviation sector. This big number of aviation companies joining GIAS reflects the unique position that the United Arab Emirates enjoys both on regional and international levels.

“UAE has been one of the first countries to meet environmental compliance and reduction of carbon emissions. Along with our priority to enable the flow of investments, and the role we play to develop projects and implement regulations, we have rightfully earned our membership to the Committee on Environmental Protection in Aviation Sector in 2016.”

He added: "The Summit is a platform that will allow participants to learn about the latest developments in the aviation industry, as well as it is an ideal opportunity to establish and strengthen strategic partnerships between companies and aircraft operators, and to exchange experiences that will enhance the investment opportunities in markets of Africa, Asia, the Middle East, and the emerging markets.”

As part of the summit, a number of cutting-edge projects will be on display, which includes Zenum Aero, an electric aircraft hybrid with 50 seats set to launch in 2020. Iron Supersonic, a company that recently launched a new project aimed at manufacturing a supersonic jet, is also set to display the concept of its aircraft at the event. The supersonic jet is set be launched in 2023.

Additionally, Dubai South will showcase its ongoing projects including its collaboration with Al Maktoum International Airport, which upon completion will be the world’s largest airport with a passenger capacity of 220 million and 16 million tons of cargo transport annually.

Pierre-Hugues Schmit, CCO of Vinci Airports, will be on hand to present his company’s plans for the recent 50.01% acquisition of Gatwick Airport, the UK’s second largest and most efficient airport.

Lastly, WheelTug Journey is set to unveil their flagship electric taxi system. The e-taxi team utilises small electric motors in the nosewheels that allow aircraft to move forwards and backwards without having to depend on their own engine or any external tugs.

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