$1bn worth of deals done at first Bahrain Airshow
by This email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 26 January 2010
The inaugural Bahrain International Airshow saw more than $1bn worth of deals struck, early indications show.
Held at the Sakhir air base, the event hosted 40 exhibitors, 94 aircraft and visiting delegates from 45 countries and attracted 30,000 visitors over the three days.
Amongst the deals signed included Yemenia’s, Yemen’s national carrier, purchase of 10 A320 planes from Airbus and Bahrain’s purchase of nine Blackhawk-M helicopters from US manufacturer, Sikorsky.
Gulf Air also inked a preliminary agreement to lease two Embraer 170 jets and Selex won a $15 million contract from the Bahrain Civil Aviation Authority for primary surveillance radar and two Mode-S secondary surveillance radars at the Bahrain International Airport.
Sheikh Abdulla bin Hamad Al Khalifha, chairman of the Supreme Organising Committee, said: “We are delighted by the results of the first Bahraini International Air Show. The show brought manufacturers and users under the same roof enabling them to do business effectively and uniquely, reflecting Bahrain's status as a regional centre for transport and trade.
He added: "The air show is a welcome boost to Bahrain’s economy and to its profile as a business centre in the region.”
Captain Abdulrahman Al Gaoud, vice president of the Supreme Organising Committee added: “Over the coming weeks we will be carefully evaluating the final figures for business transacted at the Airshow and created by the Airshow, but what is clear so far, is that the event has been a tremendous success.”
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TRANSPORTATION
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TRANSPORTATION
LATEST MIDDLE EAST BUSINESS NEWS
- Culture & Society: Saudi blasphemy case filed against writer – paper
- Real Estate: UAE's Union Properties open to sell assets - report
- Travel & Hospitality: Dubai plans cost friendly offers to woo tourists - paper
- Politics & Economics: Lubna calls on Filipino firms to tap UAE competitive edge
- Transportation: Emirates bags Gold in Air Cargo excellence survey
SHARE PRICE CHECK
RELATED STORIES
Gulf Air
- Gulf Air facing mass pilot resignations
2 Mar '10 | News - Bahrain plans to privatise Gulf Air, other services
24 Feb '10 | News - Gulf Air set to merge first, business class seats
21 Feb '10 | News





