The Latin American Business Aviation Conference and Exhibition (LABACE) is gearing up for its 9th annual event. This conference is a huge international business aviation fair, second only to the European Business Aviation Conference and Exhibition (EBACE).
The Latin American private aircraft segment is a steadily growing market. In the region, analysts predict delivery of nearly 1,000 business aircraft over the next decade as part of a total 2,285 deliveries between 2012 and 2031. To meet this demand, Blackhawk is adding staff and will introduce them at this year’s LABACE. Also, Brazil has become the second largest market for Hawker-Beechcraft outside U.S.
The Latin American business jet market doesn’t get the recognition it deserves according to some industry watchers. Brian Foley, an aviation analyst, asserts that the Latin American market “will continue to play a key role in sustaining what has been a troubled industry, hopefully until the U.S. market regains its strength.”
LABACE 2012 takes place next week, Aug. 15-17 in São Paulo, Brazil. There is already a lot of buzz about it. Here are some of the highlights to expect:
- An unprecedented 71 aircraft at Congonhas Airport
- Bombardier showcasing its Vision Flight Deck.
- Hawker-Beechcraft displaying 6 aircraft
- 4th annual Business Aviation in Latin America (BALA) Summit on Thursday called “A Vision for the Future”
Let us know what you’re excited to see at this year’s LABACE!