1. 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

2.  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

3. In spite of a global crisis, Arab Aviation continues its growth

4. AACO Members and Industry RPKs and ASKs growth Source: AACO Gulf War 1 Asian Financial Crisis 9/11 Attack Gulf War 2 SARS Global Recession

5. Air Transport is STILL a strategic asset.. Especially as an economic catalyst

6. Source: AACO, ACI Passenger Numbers in Arab Airports and Growth

7. Top Five Growing Arab Airports Source: AACO, ACI Top 5 Airports Growth 2008/1998 AirportSSHSHJHRGDOH (2008/2000) DXB Growth616.5%443.6%403.6%368.3%284.7%

8. Arab Air Transport Market Size and Distribution of Traffic Source: AACO, ACI, IATA 75.6 Million Pax 85.7 Million Pax 102.6 Million Pax113.7 Million Pax

9. Effects of the crisis on Arab Aviation

10. IATA Industry Forecast Source: IATA, EIU

11. 16% Lower 5% Lower +4% over 2008 Source: AACO AACO Members RPKs Forecast

12. Arab World and Industry GDP and RPKs Growth Source: AACO, IATA, IMF

13. AACO Members Traffic Share on Inter-Regional Routes Source: AACO

14. An Aero-political gridlock.. almost!

15.  Two Arab liberalization agreements..not really implemented: the main driving force for liberalization is national agendas  National economic agendas vary depending on economic attributes.. Hence there is no predominant model that applies regionally  Privatization & 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

16. Conclusion

17.  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