ABACE 2008 Declared a Success

 - February 19, 2008, 10:00 AM

Despite the beginning of the Chinese New Year, Valentine’s Day, the close timeframe to this week’s Singapore Air Show and record low temperatures, the third Asian Business Aviation Conference & Exhibition (ABACE), held last Thursday in Hong Kong, drew 1,131 people, 29 exhibitors and 14 aircraft on static display, say the organizers. About 100 people attended the opening session, where NBAA president Ed Bolen lauded Hong Kong as “synonymous with international trade and commerce.” Norman Lo, director general of civil aviation in Hong Kong, said business aviation is growing rapidly in the region. “Since 1999, business aviation movements in Hong Kong have increased 19 percent annually and the number of passengers moved by business aircraft has increased at about 24 percent annually,” he noted. According to Bolen, “China, in particular, is one of the fastest-growing economies in the world and, fueled by the 2008 Beijing Olympic Games, brings exciting opportunities for business aviation growth.” The next ABACE will be a two-day event in Hong Kong to be held on February 3 and 4, 2009.