LABACE Deals May Surpass $200 Million

 - July 31, 2007, 9:25 AM

The fourth Latin American Business Aviation Conference and Exhibition (LABACE) is scheduled for August 9 to 11, and organizers are forecasting business transactions at the show to reach $200 million. The first show was in 2003, and since then sponsoring associations have struggled to establish a multi-national identity. That effort was not helped after last year’s show was cancelled when construction to extend the runway at Congonhas Airport threatened to substantially reduce the available space. This year, the Brazilian Association of General Aviation is at the helm, and the group is anticipating more than 4,000 visitors, 80 exhibitors and more than 30 aircraft at the static display ramp. The exhibition area will be in a 32,000-sq-ft hall adjacent to the static display area.