Future Aviation Forum: 102 Agreements Unveiled On Second Day

The second day of the ongoing Future Aviation Forum 2024 has witnessed the signing of 102 memoranda of understanding (MoUs), agreements, and deals, with a total value exceeding SAR 75 billion. The Saudi Press Agency reported that the agreements encompassed various sectors of civil aviation, including aviation services, aircraft purchase orders, cargo and logistics services, and advanced air mobility. The third edition of the event will conclude on May 22. 

During the second day, the General Authority of Civil Aviation (GACA) signed agreements for air transport services with various countries, such as Kiribati, Grenada, Malawi, Romania, Belize, Kiribati, Lithuania, El Salvador, Albania, and Uzbekistan. On the opening day, the Future Aviation Forum saw the GACA unveil the first edition of Saudi Arabia's aviation sector report. The report featured the civil aviation sector's contribution to the Kingdom's economy. “Over the first and second days, agreements, deals, and partnerships were established that will work towards enhancing global aviation connectivity. This underscores the international confidence in the Saudi civil aviation system and its capability to take on a leading role in this pivotal sector,” said GACA President Abdulaziz bin Abdullah Al-Duailej.

At the same time, Saudi Arabia's capital is hosting several prominent aviation events alongside this event. This includes the World Annual General Assembly, Conference and Exhibition (WAGA 2024) of the Airports Council International (ACI) and the International Civil Aviation Organization’s (ICAO) Facilitation 2024 Global Summit.