THE AEROSPACE MARKET IN ASIA HAS BEEN THE STORY OF remarkable growth, especially over the last decade. This has come across Asia’s transport fleet increasing almost four times, the number of aircraft flying going higher, more industrial players establishing themselves in the region, and more people travelling. AeroDynamic Advisory’s 2018 sizing of the global aerospace industry observed Asia representing 16 per cent of aerospace activity, marking that the rise in aviation has been followed by growth in aerospace activity. Asia as a region has also been noted as a palette of strengths to build on, including an increasingly developed industrial sector, supreme infrastructure, a growing skilled and educated workforce, and world-class position in selected technologies (artificial intelligence, autonomy, sustainable innovations, etc). Asia is also expected to become the largest market for commercial aerospace for in the future.
Singapore has stood out as a focal point for the industry in this region and has witnessed an extraordinary level of air travel especially due to tourism and through one of the finest air shows in Asia, Singapore Airshow (SAS). Singapore has even become a significant global hub for MRO (Maintenance, Repair and Overhaul), distribution and customer support. Hailed as one of the largest aerospace and defence events in Asia, the biennial airshow is returning with its seventh edition. Scheduled to be held at Changi Exhibition Centre from February 11 to February 16, SAS is the melting pot for the leading aerospace companies as well as the budding players who aspire to mark their presence in the international aerospace and defence market. Experia Events, the organizer of the show is expecting over 65 of the top 100 aerospace and defence companies to participate in the show, the largest in Asia. The previous edition of the show had already set in new records which are expected to be broken with this edition.
Denne historien er fra February 2020-utgaven av SP’s Aviation.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra February 2020-utgaven av SP’s Aviation.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
KLM: THE WORLD'S OLDEST AIRLINE STILL GOING STRONG!
In 1930, KLM began scheduled passenger service between Amsterdam and Jakarta. The Fokker F.XII plane took 10 days to reach, including 81 hours of flying time. It was the world's longest scheduled flight before the Second World War.
SPICEJET'S $90 MILLION DEAL WITH CANADIAN Q400 PLANES
SpiceJet has successfully resolved a significant dispute with Bombardier over a fleet of Q400 turboprop planes in the form of a $90 million settlement, marking the end of a prolonged legal battle that also has broader implications for the Indian aviation sector
TAPPING THE UNCHARTED WATERS
Seaplane services are expected to transform regional connectivity in India, boost tourism, create jobs, and foster economic development, particularly in hard-to-reach coastal and inland regions
FLIGHT PLAN FOR NAVIGATING BUSINESS AIRCRAFT FINANCING
The business aircraft financing market has witnessed significant growth post-pandemic, driven by increased demand for private and chartered flights
TRUMP'S VICTORY: WHAT WILL IT UNFOLD FOR INDIA
For India, one of the most significant aspects of Trump's return will be his approach to China. There is a possibility that Trump will continue to view India through a transactional lens, prioritising trade deficits and economic returns. The role which the US plays as the global tech powerhouse is the model for future growth which cuts across economy to security. In all potential, there are mostly positive signs, rather another defining era for Indo-US relations could unfold if indicators are right. The convergence of mutual interest for both democracies is too obvious.
ANTARIKSHA ABHYAS-2024
The first ever tri-services Defence Space Exercise was a significant building block towards holistic capability in global space operations
INDIA'S GSAT-20 SATELLITE LAUNCHED
Symbolising growing technology, growth & collaboration, this mission highlights India's dedication to leveraging space technology for societal progress, expanding its role in commercial space ventures while underscoring the potential for India's heavy-lift launch vehicles to capture future opportunities
A LEGACY OF PRECISION, POWER, AND POISE IN THE SKIES
With a vision for comfort, excellence and sustainable aviation, Dassault's Falcon family embodies the peak of technological and environmental advancements
INDIA'S RICHEST BUYS BBJ
Private jets play a strategic role in allowing business magnates like Ambani to optimise time management, particularly critical given his global business commitments and a packed travel schedule.
PRIME MINISTER INAUGURATES AIRCRAFT COMPLEX FOR MANUFACTURING OF C295 AIRCRAFT
Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez jointly inaugurated the TATA Aircraft Complex for manufacturing of C295 aircraft at TATA Advanced Systems Limited (TASL) Campus in Vadodara, Gujarat on October 28, 2024.
