There is no doubt in our minds that aviation growth in Asia is on the rise. This was made even clearer at the 2018 Singapore Airshow, one of Asia’s largest aviation and defense events that brings together the global aerospace community across commercial, government, and military to discuss the latest trends in the industry. The event was filled with announcements including new contracts, partnerships, and more. Here is just a sampling of the buzz from the event:
From the sky, the event looked amazing. @AirbusSpace tweeted out a view of the venue from space:
— Airbus Space (@AirbusSpace) February 6, 2018
Back on the ground, leaders from the aviation industry came together to reimagine the aerospace industry. President Halimah Yacob kicked off the celebrations unveiling the commemorative RSAF50-themed F-15SG.
— The RSAF (@TheRSAF) February 7, 2018
Inside the exhibit hall, discussions around new technology and business models were top of mind. These advances have been opening access to air travel, allowing more people have the opportunity to fly.
The first panel discussion “Unlocking Aviation’s Potential: What do we need to do?” has just begun. pic.twitter.com/fRXTJWeAJk
— SGAirshowALS (@SGAirshowALS) February 5, 2018
Airplane manufacturers agreed that they expect to see a rise in demand this year as adoption of air travel expands. But will plane makers be able to keep up with demand? In an interview with Reuters, a senior Boeing official said the U.S. company was confident in demand for its 737 MAX jet, the latest version of which was rolled out at the Singapore Airshow. “There is upward pressure (on production rates) because we are oversold,” Boeing’s Marketing Vice President Randy Tinseth said.
GE Aviation is one of the many companies that made announcements regarding their investment in the Asian market. The company is set to invest in a new facility to produce parts for its GE9X engine, which will power Boeing’s 777X aircraft. According to Aerospace Technology, the facility is a $32 million investment and is located in Singapore.
While the projections for growth and increased adoption of aviation looks promising, it comes with challenges. One panel discussion focused on the rise of these challenges including infrastructure, regulations, managing airspace congestion, and ensuring safety.
— SGAirshowALS (@SGAirshowALS) February 4, 2018
The industry is already working on solving the issues and challenges that come with air traffic control (ATC), by using data and predictive analytics to power safety measures. Rockwell Collins announced several relationships with Asian airlines that are now implementing aircraft data and advanced predictive analytics to increase safety and efficiencies.
AirAsia Group, Asiana Airlines & Etihad Airways have become the first airlines to use full aircraft data & advanced predictive analytics with FOMAX in their #A320 and #A330 fleet. https://t.co/T5ZSOY9N95 pic.twitter.com/AR2mjaAuaa
— Rockwell Collins (@RockwellCollins) February 9, 2018
That’s a wrap on the Singapore Airshow, but definitely not on the buzz that is coming out of the region.
— Singapore Airshow (@SGAirshow) February 12, 2018