ONE OF THE LARGEST GATHERINGS FOR THE BUSINESS AVIATION industry in Europe concluded after a grand celebration of the industry's advancements. Co-hosted by the European Business Aviation Association (EBAA) and the National Business Aviation Association (NBAA), the European Business Aviation Convention & Exhibition (EBACE) 2024 yet again highlighted groundbreaking trends and technologies in air travel. Held from May 28-30 in Geneva, the event featured the debut of new aircraft and industry innovations, alongside a Sustainability Summit. Attendees experienced the latest in bizjets, turboprops, rotorcraft, and advanced air mobility (AAM) vehicles, including electric- and hydrogen-powered, zero-emission aircraft, alongside some promising announcements, deals, and launches.
EBACE2024 also offered an insight into the industry through the various discussions that took place on and off the stage. Key data analysts expressed confidence in industry growth for the second half of 2024, despite challenges with supply chains and workforce shortages as many presented an outlook of the industry. Global business aviation flights rose 1.2 per cent year-over-year from January to April 2024, though overall traffic dipped 1.5 per cent, according to WingX. Business aviation fleets showed strong growth, with single-tail operators experiencing an 18.1 per cent year-over-year increase. They also highlighted a unique global trend that witnessed European fleet growth outpacing the region’s GDP growth.
This story is from the Issue 6, 2024 edition of SP’s Aviation.
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This story is from the Issue 6, 2024 edition of SP’s Aviation.
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