Mubasher: The fifth edition of the three-day Bahrain International Airshow (BIAS) 2018 has attracted the highest number of local, regional, and international companies that sealed major deals at a total value exceeding $5 billion.
Saudi Arabia has participated in the international event with six major companies specialised in aviation engineering and military manufacturing, namely the General Authority for Civil Aviation (GACA), Adams Advanced Aero Technology, Saudi Arabian Airlines, Saudi Arabia Military Industries (SAMI), Sky Prime Aviation Services, and ARAMCO, according to a recent statement.
Saudi Aramco has signed an agreement at the value of $700 million for the provision of 26 helicopters.
Bahrain International Airshow, which took place from 14 to 16 November 2018, witnessed an agreement by SaudiGulf Airlines to add ten A320neo family aircrafts for around $2 billion, as well as an agreement for the value of $1 billion with CFM International to provide their aircrafts with Leap Engines, and an additional service contract for maintenance of the engines.
The coming edition of the show is scheduled to be held from 19 to 21 November 2020, the statement added.
“BIAS reaffirms its position as the fastest growing in the Middle East with a total participation of 187 companies, including 11 of the top 15 global aerospace business. This year’s edition witnessed a 35% growth in companies attending, a 100% increase in the exhibition space and eight dedicated country pavilions including 4 new pavilions from UAE, USA, Russia, and Romania,” according to the press release.
