Global aviation industry faces Renaissance, creating openings for South Africa

The global aviation industry continues to be a rapidly growing sector, far from reaching maturity. This was stressed at the recent International Forum for Aviation Research (IFAR) open session at the Council for Scientific and Industrial Research (CSIR) in Pretoria by US National Aeronautics and Space Administration Associate Administrator for Aeronautics Research Mission Directorate Dr Jaiwon Shin. "Aviation is not a dying industry; it is not a mature industry. It is growing in leaps and bounds," he affirmed. "This is because countries are getting richer. In a lot of developing countries aviation demand is growing significantly." "Many countries have chosen aviation as a growth engine for their economies," he noted. "Dubai, the UAE [United Arab Emirates] is a really good example." Including the activities of national carrier Emirates, Dubai hopes to generate 40% of its gross domestic product from aviation.