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12.04.24 18:31

Economy

Saudi Arabian capital to host Future Aviation Forum

The event will bring together top managers and other industry experts

More than 5,000 global aviation industry experts, heads of international airlines and airport managers will gather in Riyadh from 20 to 22 May for a specialised event, as reported Arab News.

The Future Aviation Forum will discuss issues related to air transport and the environment in civil aviation. Specialists and experts will analyse all aspects of creating advanced air transport.

The event is organised by the Kingdom's General Directorate of Civil Aviation. Saudi Arabia aims to become a leader in the aviation industry and attract investments worth US$100 billion by 2030.

The Future Aviation Forum was first held in 2022. At that time, it was attended by representatives from 60 countries, which contributed to the signing of 52 agreements worth US$2,7 billion and 116 bilateral meetings.

The Riyadh Aviation Declaration was also adopted during the forum. It outlines six principles to help the industry move towards innovation and sustainable development by promoting global co-operation and identifying customer needs.

The signatories pledged to improve services and internal regulations, invest in innovation, as well as develop human capital and implement sustainable development projects

Photo: iStock

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Deputy Minister of Foreign Affairs of Russia

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Batyr Berdyklychev

World Health Organisation Representative in Russia

"International cooperation can help detect risks quicker, also exchange the results of research and coordinate the response measures. Without this coordination, the consequences of the global crisis could be heavier. [...] We are witnessing the world becoming more and more interconnected and interdependent. Every outbreak of infection in one region can be a potential threat globally. The experience shows us that the resilience of healthcare systems affects economic stability, the national security of states and public trust"

Xi Jinping

President of the People’s Republic of China

"As permanent members of the UN Security Council and important major countries in the world, China and Russia should take a strategic and long-term perspective, drive the development and revitalisation of our respective countries through comprehensive strategic coordination of even higher quality, and work to make the global governance system more just and reasonable"

Mikhail Mishustin

Chairman of the Government of the Russian Federation

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President of the New Development Bank

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