CAPA’s Iran Aviation Summit, supported by national authorities
The first CAPA Iran Aviation Summit in January 2016 provided a valuable opportunity for the Iranian and international aviation communities to reintroduce themselves to each other after almost 40 years. This second event seeks to move the industry forward from the initial familiarisation to creating a foundation to move ahead.
With the strong cooperation of the Iran Civil Aviation Organization, the Iran Airports Company and Imam Khomeini Airport City Company, the event will bring together more than 200 of the most influential executives in Iranian aviation and travel, with an expected gathering of 300 international delegates.
In addition to the Finance and Travel Summit, this occasion will also incorporate an exhibition, offering a unique opportunity for best-in-class international suppliers from across the aviation and travel sectors to exhibit their products and services to the most influential decision makers and buyers from across Iran’s aviation industry.
The heads of all the Iranian airlines and starts-up will be present, along with key government officials. CAPA will also invite airlines and key players from neighbouring countries including Azerbaijan, Afghanistan and nations of Central Asia.
Iran: a massive new aviation market opens for business
Following the lifting of sanctions in Jan-2016 a potentially major global aviation market was once again reopened to the world. Shortly after sanctions were removed Iran Air placed firm orders for 118 Airbus and 20 ATR aircraft. More recently it was confirmed that Iran Air has concluded a deal with Boeing for more than 100 aircraft. These orders are awaiting approval by the Office of Foreign Assets Control under the US Treasury Department.
In addition, delegations from Bombardier, Comac, Embraer and Sukhoi have all reportedly had varying levels of engagement with Iranian airlines in recent months.
However, despite the strong interest from both Iranian and foreign companies to re-engage with each other, there has been limited progress in terms of execution of transactions. A key hurdle has been continuing uncertainty about the impact of US sanctions on financial institutions that engage in
transactions involving Iran. The CAPA Iran Aviation Finance and Travel Summit is intended as a forum to address these issues, among others.
Investment in airport and airspace upgrades are a key priority.
At the same time, there is a major upgrade and expansion programme planned across the country’s four largest airports, including Tehran Imam Khomeini International Airport (IKIA), Tehran Mehrabad Airport, Mashhad and Isfahan, as well as at other regional facilities.
Imam Khomeini Airport City Company has been established as an independent governmental company responsible for transforming IKIA into an Airport City. IKIA has a 1500 hectare Free Trade Zone and a 2500 hectare Special Economic Zone, which have the potential to attract significant foreign and Iranian investment in diverse commercial, industrial, leisure and residential ventures.
Delegations from several countries – including the UK, France, Germany, Italy, the Netherlands and South Korea – have expressed interest in assisting Iran with these plans. Airspace redesign and equipment modernisation are other key priorities.
Opportunities abound across the entire aviation value chain, airlines and airports.
The expansion of airline fleets and airport capacity in turn is expected to drive demand across the entire value chain, including:
- design and construction services;
- ground handling expertise and equipment;
- MROs, spare parts and safety advisory;
- IT and software solutions;
- travel distribution;
- raining and education for pilots, engineers, air traffic controllers, frontline staff and management;
- catering facilities;
- airport retail specialists;
- cargo and logistics management and consulting services.
A must-attend event for any global aviation and travel business with an interest in the Iran market
Information for sponsors and exhibitors, along with delegate registration details will be released shortly. To register your interest please email mailto: firstname.lastname@example.org