Home' Asian Aviation : AAV Dec17 Jan18 Contents INGAPORE AIR HOW 2018
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to ensure that it remains not only relevant but also addresses the
key challenges and trends of tomorrow. The new Aviation Cyber-
security Business Forum is one such example. Co-organised by
the Singapore University of Technology and Design (SUTD the
forum will feature prominent cybersecurity researchers and private
sector experts who will share their experiences and insights on the
emerging aviation cybersecurity risks.
Co-organised with leading global management consulting firm
Oliver Wyman the Autonomous Vehicles business forum will
highlight the impact of autonomous technology on traditional
transport modes and mobility across the aerospace defence and
security value chains. Attendees will be able to learn about the
emerging impacts of machine learning and autonomous vehicles
which are sure to influence these industries for decades to come.
This year we are embracing one of the most exciting and dynam-
ic segments in the aviation and aerospace industry --- start-ups.
The What's Next Start-up Showcase will be launched as a new
initiative to support these aspiring young companies who will get
a chance to showcase their latest innovations network with and
pitch their business ideas and offerings to investors accelerators
and corporate partners at the show. Recognising start-ups will help
our industry leverage on emerging innovations and technologies
to drive future growth.
AAV: Explain how the show has evolved from its beginnings in 2008?
LCL: The Singapore Air Show has grown in tandem with the de-
velopment of Singapore's aerospace industry which has grown at
an average rate of 10 percent in the last two decades. Singapore
is today the most comprehensive aerospace MRO hub in Asia
accounting for a quarter share of the region's MRO output. At the
same time the Singapore Air Show has also evolved and expand-
ed since the first edition in 2008 and is today Asia's largest and
one of the most important aerospace and defence exhibitions in
the world. It has established itself as a strategic platform for reg-
ulators airlines manufacturers airport operators and other key
stakeholders to chart the industry's growth trajectory. The Singa-
pore Air Show has always enjoyed consistent and strong support
from the global ecosystem --- stakeholders partners exhibitors
VIP delegations and trade visitors. We will continue to provide a
rewarding and enriching experience to all of our participants. This
means connecting them to more opportunities in the region and
addressing the specific challenges and trends that impede the
path to future industry growth.
AAV: In earlier years, it was a lot of US and European companies,
but Asian companies are making a bigger splash in recent years.
Anything we can expect from Asian companies?
LCL: We continue to see growing support and participation by com-
panies from Korea to Southeast Asia. China will be represented at
Singapore Air Show 2018 by a diverse range of companies ranging
from industry giants like the Aviation Industry Corporation of China
(AVIC and China National Aero-Technology Import & Export Cor-
poration (CATIC ; to growing names such as Harbin Wright Brothers
Sichuan Haite and Zhuhai Baijia Technology. We are also pleased
to welcome government agencies representing the prefectures of
Tokyo and Saitama in the Kantō region Hiroshima in the Chūgoku
region and Mie in the Kansai region of Japan.
AAV: While everyone always looks at deals for planes, Asian countries
like Indonesia, Thailand, and Malaysia are beefing up their aviation
game in terms of MRO and other ar-
eas...what can we expect from them?
LCL: There is growing compe-
tition in the region in the MRO
space with the Asia-Pacific MRO
business predicted to account for
36 percent of global business
amounting to some US$660 billion
over the next 20 years. From Korea
to Indonesia Asian countries are
eyeing this huge potential market.
That said as the leading aviation hub in Asia-Pacific today con-
tributing over a quarter share of the regional market Singapore is
particularly well-equipped to capture the demand for aviation-re-
lated services from this market with its robust infrastructure and
backed by a large pool of over 100 aerospace companies.
AAV: The Leadership Summit is always popular...you say it will focus
on "key issues" a ecting commercial aviation; what are those key
issues and who will be addressing them?
LCL: The Singapore Air Show Aviation Leadership Summit
(SAALS 2018 which is focused on "Reimagining Aviation's Fu-
ture" will seek to address both the challenges and opportunities
arising from the continued demand for air travel. This surging
demand is a result of new technology and innovative business
models that are making air travel more affordable and accessible to
more people than ever before. SAALS 2018 provides a platform for
civil aviation authorities governments and airlines to discuss the
challenges and opportunities arising from the continued demand
for air travel and create a sustainable approach to future growth
in air travel demand.
...the Si ore ir Sho h l o e ol ed d ex ded i ce
the fir t editio i 2008 d i tod i l r e t d o e
o the mo t im ort t ero ce d de e ce exhibitio i
the orld. It h e t bli hed it el tr te ic l t orm or
re l tor irli e m ct rer ir ort o er tor d other
ke t keholder to ch rt the i d tr ro th tr jector .
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