Black Sea Defense & Aerospace 2008 International Exhibition and Conference dedicated to Aerospace, Defense, Homeland Security and Safety & Security. BSDA 2008 is the only exhibition in Romania Officialy Certified by the US Department of Commerce, organized with the support of the US Embassy in Bucharest.
Black Sea Defense & Aerospace
24-26 September 2008
Bucharest, Romania
Black Sea Aerospace Market Potential
The Black Sea region is the fastest growing, large economic areas outside of Asia. It consists of approximately 300 million people, and includes the countries of Romania (22 million), Bulgaria (8 million), Turkey (66 million) Russia (145 million), Ukraine (49 million) and & Georgia 5 million). All these countries are currently enjoying rapid economic growth and are expected to all have extremely rapidly expanding civil air transportation requirements.
In addition to the established national carriers, following trends in the USA and Western Europe, New low cost carries such as Blue Air (Romania), Hemus Air (Bulgaria) and Atlas Jet & Onur Air (Turkey), have been established and are creating new demand.
The host country of BSDA 2008 is Romania. Romania joined NATO in March, 2004 and is currently scheduled to become a full member of the European Union in 2007. Romania has a strong oil and gas industry, a large port on Black Sea and a booming tourist industry. It has a current GDP growth of over 5%, inflation is under 7% and unemployment is estimated at only 8%. The capital city of Romania, Bucharest ("Little Paris"), has a population of over 2 million and is rapidly growing into a modern European city.
In addition to civilian aerospace requirements, the Romanian Air Force modernization doctrine foresees the replacement of the MiG-21 Lancer fighter with a multi-role fighter in the near future. As part of the preliminary information process, the Romanian Air Force Headquarters has received offers from multiple aircraft corporations; Elbit Systems & Lockheed Martin Joint Venture Group - F-16 fighters; Boeing - F-18 fighters; Gripen International - JAS-39 Gripen. The market analysis process will take place between 2006-2007 and a decision regarding the future fighter of the Romanian Air Force will be taken at the end of this competition.
In addition, in November 2005, the USA and Romania signed an agreement for the US military to use a main base and airfield near the Black Sea port city of Constanta, plus three other facilities in the area, according to a U.S. statement. Under the bases agreement, the US military will have access to Mihail Kogalniceanu air base in south-east Romania, just inland from the Black Sea.
For details plese visit BSDA 2008 official website:
www.bsda.ro.