Feb 18, 2012

Singapore - Singapore Airshow sees $39 billion in deals



A record US$31 billion (S$39 billion) worth of deals was announced at the Singapore Airshow this year, said organisers on Friday.

This number was "threefold of what we did two years ago" at the bienniel event, said Mr Jimmy Lau, managing directer of the organiser Experia Events.

Major announcements include contracts for Boeing, Airbus, Pratt & Whitney, CFM and ATR.

The event was held over four trade days and 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.

There were more visitors this time round - some 38,000 trade visitors from 119 countries visited the show during the first three days, compared to some 35,000 in 2010.

About 70 per cent of exhibitors at Singapore Airshow 2012 have already reaffirmed their plans to exhibit at the next airshow which will be held in 2014.

"This reaffirms Singapore Airshow’s position as the platform of choice for aviation industry representatives from around the world, targeting the Asia-Pacific markets, to come together, forge new partnerships, conduct business and conclude deals," said Mr Lau.

AsiaOne



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