Press release
RIYADH — May 06, 2024 — Bain & Company was a proud participant in the first-ever Airline Economics Growth Frontiers Conference held in Riyadh, on April 22-23. The conference, hosted by AVILEASE, a subsidiary of the Public Investment Fund, showcased opportunities within the rapidly expanding civil aviation sector in the Kingdom of Saudi Arabia.
The conference showcased a dynamic program of keynotes and panels, providing a platform for pivotal discussions led by top executives from OEMs, airlines, airports, leasing companies, and service providers. These discussions underscored the transformative strategies that are shaping the future of aviation in Saudi Arabia and beyond.
During a key session titled “Expanding Connectivity for the Kingdom of Saudi Arabia,” Akram Alami, Partner and Head of Aviation, Bain & Company Middle East discussed critical aspects of enhancing airline connectivity in the region. “As we consider the future of airline economics, the focus is on how the Kingdom can better connect its major hubs to the global aviation network. The potential for investment in this sector is significant, with unprecedented coordination required across all players to harness these opportunities fully,” Alami highlighted.
Alami further emphasized the strategic importance of the aviation sector in national growth agendas. “Investing in aviation is not just about enhancing air traffic. It’s about understanding and tapping into a once-in-a-generation wave of economic development. For investors and stakeholders, the rewards of enabling this connectivity are manifold, reflecting directly in the increased flow of capital and people through our hubs,” he explained.
The session also delved into the Kingdom's National Aviation Strategy, highlighting the collaborative efforts required to amplify the Kingdom's position as a global aviation hub. This includes significant investments in infrastructure and services, spearheaded by initiatives such as the Riyadh Airports Company's expansion plans and the Saudi Air Connectivity Program’s efforts to incentivize international airlines.
The Airline Economics Growth Frontiers Conference is set to become an annual landmark event in the aviation industry calendar, reflecting on the strategic discussions and insights provided by global experts like Alami and his peers.
###
Media Contact:
For any questions or to arrange an interview, please contact April Zaw at April.Zaw@bain.com.
ベイン･アンド･カンパニーについて
ベイン･アンド･カンパニーは、未来を切り開き、変革を起こそうとしている世界のビジネス・リーダーを支援しているコンサルティングファームです。1973年の創設以来、クライアントの成功をベインの成功指標とし、世界40か国65都市にネットワークを展開しています。クライアントが厳しい競争環境の中でも成長し続け、クライアントと共通の目標に向かって「結果」を出せるように支援しています。私たちは持続可能で優れた結果をより早く提供するために、様々な業界や経営テーマにおける知識を統合し、外部の厳選されたデジタル企業等とも提携しながらクライアントごとにカスタマイズしたコンサルティング活動を行っています。また、教育、人種問題、社会正義、経済発展、環境などの世界が抱える緊急課題に取り組んでいる非営利団体に対し、プロボノコンサルティングサービスを提供することで社会に貢献しています。
商号 ： ベイン･アンド･カンパニー･ジャパン･インコーポレイテッド
所在地 ： 東京都港区赤坂9-7-1 ミッドタウン・タワー37階
URL ： https://www.bain.co.jp