After the resounding success of the first edition of the Uzbekistan Airports Aviation Forum(UAALF), The second edition of UAALF Co-located with The Central Asia Aerospace Forum (CAAF) will be organized on the 3rd 4th of march 2021 at the Tashkent City Congress Hall
Central Asia has been the rising star of the aerospace industry over the last decade bolstered by a natural strategic location and concerted efforts from operators and governments to foster the market. Central Asia’s growth is fuelled by passenger numbers and a clear movement of the global center of activity. The Central Asia Aerospace Forum(CAAF) co-located with the Uzbekistan Airports Aviation Forum taking place on 3rd and 4th of March at Tashkent City Congress Hall is the ideal location for the industry to take advantage of the associated growth opportunities.
It is estimated by 2037, the Central Asia and Caucasus market will reach 501 million passengers achieved by a CAGR if 4.4%. Industry sources predict that by 2023 Central Asia based hubs will be in the top 15 Mega Aviation Cities, with Uzbekistan taking the top position.
To attain this status, the Uzbekistan is investing in infrastructure, a trend that is seen across the whole central Asia and Caucasus region. Reports suggest there were USD$50 billion worth of aerospace investments underway in 2019; from new airports in Uzbekistan to upgrades in regions air traffic/security control systems.
As growth in passenger movements continues to grow across the Central Asia and Caucasus, increasingly technology has been implemented to manage the progression. It is not the only technology the Central Asian countries has implemented to manage passenger and traffic movements. They have invested in the Hub Monitor system to allow all departments involved in an aircraft’s movement to track its progress and turn around.