Business Travel in Decline, but Potential for Growth

LONDON - Frost & Sullivan’s Web Conference on Global Business Aviation Aftermarket Trends and Opportunities for Suppliers

Following unprecedented growth in the last 5 years, Business Aviation is now facing harsh market conditions with aftermarket suppliers holding back investment until recovery. Maintenance, ground handlers and VIP services suppliers are affected by this, though they are all still looking at potential opportunities in Middle East and Asia where demand is underserved and expected to grow fast once confidence returns.

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“2009 is expected to be a challenging year for business aviation stakeholders worldwide, as credit markets tighten and operators cancel or postpone aircraft deliveries. Nonetheless, opportunities still exist particularly in growth regions such as Middle East and Asia, where demand has historically been underserved. Investment in infrastructure and aftermarket services will intensify once confidence returns to the market and the global economy recovers,” observes Frost & Sullivan’s Aviation Senior Consultant Diogenis Papiomytis.

Diogenis Papiomytis, who is one of Frost & Sullivan’s top consultants, will discuss the situation of the Business Aviation market in details during a web conference that will be held on the 20th of May, at 3:00pm BST.

Papiomytis will provide an analysis of aircraft deliveries, MRO and FBO trends with a focus on growth geographic markets such as the Middle East.

This briefing will benefit aircraft integrators looking at partnerships with aftermarket stakeholders, as well as business aviation operators, MRO and FBO suppliers by discussing emerging trends in growth regions.

To participate, please email Chiara Carella at chiara.carella@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

GIL 2009: Europe

Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress ‘GIL 2009: Europe’ on 19-20 May, at the Sofitel St James in London. GIL Global is the industry’s only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for ‘GIL 2009: Europe’, please contact Chiara Carella, Head of Corporate Communications for Frost & Sullivan in Europe, at chiara.carella@frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit www.frost.com/giluk.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit www.frost.com.

Contact: Chiara Carella Head of Corporate Communications P: +44(0)207-3438314 E: chiara.carella@frost.com www.frost.com

Source: Frost & Sullivan

Chiara Carella, Head of Corporate Communications of Frost & Sullivan, +44(0)207-3438314, chiara.carella at frost.com / Logo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO