Mon, Feb 20, 2012
Over $31 Billion In Business Transacted During The Event
Singapore Airshow 2012, Asia's largest and one of the three most
important aerospace and defence exhibitions in the world, wrapped
up the trade segment of the six-day event with a record value of
deals announced worth over $31 billion. Major announcements include
contracts for Boeing, Airbus, Pratt & Whitney, CFM and ATR.
This represents a threefold increase over the total value of deals
announced in 2010.
Over four trade days, Singapore Airshow 2012 played host to some
900 exhibitors from 50 countries and 266 delegations from 80
countries who flew into Singapore to network, establish
partnerships and forge new deals. In all, some 38,000 trade
visitors from 119 countries visited the show during the first three
trade days, compared to some 35,000 in 2010. Of these, over 30%
were from overseas. Some 70% of exhibitors at Singapore Airshow
2012 have already reaffirmed their plans to exhibit at the next
airshow in 2014, underscoring the relevance of Singapore Airshow as
an essential platform for them to reach out to their key markets,
especially the emerging markets in Asia.
"We are pleased with our experience at the Singapore Airshow,"
said Katy Padgett, Manager, Communications, Pratt & Whitney.
"It continues to be a great platform for us to reach out to the
aviation community in the Asia Pacific region. As an industry
leader, it is critical for us to have a significant presence at
major airshows around the world and the Singapore Airshow ranks
high on our priorities."
"The Singapore Airshow was an important opportunity for UK
companies in the Aerospace and Defence sectors to promote their
capabilities and identify potential joint venture opportunities. We
were very pleased with the organisation and the opportunities to
network with the overseas delegations," said Adam Thomas, Senior
Government spokesman for UKTI's Defence and Security sector.
The event will next be held February 11 to 16, 2014 at Changi
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