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Chairman Ma Iao Hang Visited the 9th Macau Business Aviation Exhibition

2020 / 10 / 30

Mr. Ma Iao Hang – Chairman of the Board of Directors of Macau International Airport Company Limited (CAM), Dr. Deng Jun – Chairman of the Executive Committee, Executive Directors: Mr. Kan Cheok Kuan, Mr. Lei Si Tai and Mr. Leung Henry Yee Hang, Ms. Katy Lo – Director of Executive Committee Office and Mr. Frank Wu – Director of Logistics and General Aviation Development Department paid a visit to the 9th Macau Business Aviation Exhibition (MBAE) on 29th October 2020.

The 9th Macau Business Aviation Exhibition is held between 29th and 31st October 2020, by Nam Kwong (Group) Company Limited, China Aviation Supplies Holding Company and Macao Convention and Exhibition Association. Macau International Airport provides the venue, and the exhibition area is expanded to 24,000 square meters. The exhibition attracted a total of 9 world mainstream manufacturers design models. The exhibition covers the business aviation industry chain including business jet manufacturing, operation, security services, aircraft financial leasing, enterprise extension services and so on. This exhibition is the largest and the most professional business jet exhibition in Macau. This exhibition receives the attention of high-end business people and the aviation industry in Mainland China, Hong Kong, Macau and surrounding areas, and also invigorates the development of business jet industry in Macau and China.

In the past few years, benefiting from the economic growth in Mainland China and the thriving gaming tourism industry in Macau, there has been a growing demand for business aviation, and it has the potential for development. However, since last year, due to the influence of the external environment and the pandemic, the socioeconomic slowdown has directly reduced high-end aviation service demand such as business jets. But in the long run, Macau's positioning as the world's tourism and leisure center, coupled with the elements of integrated entertainment, is still beneficial for the development of the business jet market.