The Arab Air Carriers Organisation is holding its 45th annual general meeting in Algeria under the high patronage of Abdelaziz Bouteflika, president of the Democratic and Popular Republic of Algeria, and by kind invitation of Mohamed Salah Boultif, chief executive of Air Algérie.
This year’s AGM gathers more than three hundred civil aviation leaders in the Arab world and worldwide.
The opening ceremony will take place at The Palace of Culture, where the representative of the patron of the event will deliver his welcoming speech.
The AGM Working Sessions will be held at El Mawakif Ballroom at El Aurassi Hotel.
AACO secretary general Abdul Wahab Teffaha will present his report on the state of the industry to the event.
AACO’s Annual Report and the annual statistical publication will be as usual distributed to the AGM attendees, noting that in 2011 the Arab air transport market grew by 5.7 per cent compared to 2010, reaching 133 million passengers and is expected to reach 140 million passengers in 2012.
This growing sector contributes by not less than USD100 billion to the GDP of the Arab world.
Also on 6 November, AACO members will meet for a closed session to discuss and decide on internal and administrative issues related to AACO’s work and common strategic issues between members.
The General Meeting will also witness a discussion panel gathering a group of distinguished speakers to discuss the models of collaboration available to Arab airlines; noting that 2012 witnessed the joining of three Arab airlines to global alliances; in addition to two Arab airlines already members in global alliances since 2007 and 2008.
Other Arab airlines chose different models of collaboration with other airlines, whereby some started to invest in those airlines while others enhanced their positive partnerships with selected ones.