Singapore Airshow returns with a muted startTravel And Tour World

Published on : Wednesday, February 16, 2022

With COVID-19 related travel restrictions still plaguing airlines globally, the 2022 edition of the Singapore Airshow kicked off on a subdued note.

Not only is the airshow closed for general public but the number of exhibitors is also sharply down from the previous edition in February 2020, just as COVID-19 had started to spread.

According to an official statement, this year’s event has 600 exhibitors, much less than the 930 in 2020.

While airshows like this are typically marked with multibillion-dollar aircraft purchase deals being announced, this year the deal action was more muted.

Leases dominate day one

Instead of outright purchases, on day one of the three-day airshow, aircraft leases took centre stage.

Malaysia Airlines’ parent Malaysia Aviation Group (MAG) signed an agreement with US-based Air Lease Corporation to lease 25 new Boeing 737-8 aircraft.

Izham Ismail, Group Chief Executive Officer of MAG, said in a statement that the deal allows MAG “greater flexibility” and “agility”.

India’s Alliance Air, a regional carrier, signed an agreement with UK-based lessor TrueNoord to acquire two ATR42-600s turbopropellor aircraft for its Himalayan routes.

Airbus manages to sell more

For the major aircraft manufacturers Airbus and Boeing, the early winner at the Singapore Airshow appeared to be Airbus. The manufacturer signed deals to sell 58 aircraft – 38 A320neo family aircraft to Kuwait’s Jazeera Airways and 20 A220s to aircraft leasing company Aviation Capital Group.

Boeing, on the other hand, wrapped up three service contracts from South Korea’s Defence Acquisition Program Administration for the Korea Air Force’s F-15K fighter jets, Airborne Early Warning & Control aircraft and the Republic of Korea Army’s CH-47 Chinook helicopters.

See also  ITB Berlin Convention: 2022 tourism industry can achieve 80 per cent of pre-pandemic turnover

In its latest market outlook for the Asia-Pacific region, Airbus said that the region will see a passenger traffic growth of 5.3% per annum for the next 20 years and accelerated retirement of old aircraft for new fuel-efficient models will see the region needing 17,620 new passenger and freighter aircraft.

Hope for the future

According to Airbus, China, India and emerging economies such as Vietnam and Indonesia will be the principal drivers of growth in the region.

The future of jumbo jets in the region remains uncertain.

Airbus estimates that out of the 17,620 aircraft needed, 13,660 will be in the small category like the A220s and A320s, whereas medium sized aircraft will account for 2,470 aircraft and only 1,490 large planes will be required.

Christian Scherer, chief commercial officer and head of Airbus International said that they are seeing a global recovery in air traffic and as travel restrictions are further eased the Asia-Pacific region will become one of its main drivers again.

They are confident of a strong rebound in the region’s traffic and expect it to reach 2019 levels between 2023 and 2025.

Related Posts

Tags: , , ,

Source link

© 2022, Admin. All rights reserved.

istanbul escort aksaray escort arnavutköy escort ataköy escort avcılar escort avcılar türbanlı escort avrupa yakası escort bağcılar escort bahçelievler escort bahçeşehir escort bakırköy escort başakşehir escort bayrampaşa escort beşiktaş escort beykent escort beylikdüzü escort beylikdüzü türbanlı escort beyoğlu escort büyükçekmece escort cevizlibağ escort çapa escort çatalca escort esenler escort esenyurt escort esenyurt türbanlı escort etiler escort eyüp escort fatih escort fındıkzade escort florya escort gaziosmanpaşa escort güneşli escort güngören escort halkalı escort ikitelli escort istanbul escort kağıthane escort kayaşehir escort küçükçekmece escort mecidiyeköy escort merter escort nişantaşı escort sarıyer escort sefaköy escort silivri escort sultangazi escort suriyeli escort şirinevler escort şişli escort taksim escort topkapı escort yenibosna escort zeytinburnu escort porno 1080p porno izle 4k porno izle 720p porno izle abella danger alman alman porno alman porno izle aloha tube porno amatör amatör porno amatör porno izle anal anal porno anal porno izle arap porno asa akira porno asyalı porno bangbros porno bangbros porno izle banyoda sikis başörtülü porno beeg porno izle beyaz tenli porno izle biseksuel porno izle bisexsuel porno brandi love porno brazzers brazzers porno izle canli porno canli porno izle çinli porno çinli porno izle ensest porno ensest porno izle ensest seks erotik porno erotik porno izle esmer porno esmer porno izle etek altı fake agent fake taxi fake taxi porno fantazi pornoları fantezi porno izle fetiş porno fetiş porno izle fetish fransız porno fransız porno izle full hd hg porno izle gangbang porno genç kız porno izle genç kız sikişi genç teen porno izle gizli çekim porno gizli çekim pornosu grup pornosu grup porno grup porno izle hd pornolar hd porno hd porno izle hemşire porno hemşire pornosu hizmetçi porno hizmetçi porno izle ingiliz porno japon pornoları japon porno kızlık bozma kızlık bozma porno izle konulu porno konulu porno izle koreli porno köylü pornoları kumral porno kumral porno izle latin pornoları latin porno latin porno izle lezbiyen pornoları lezbiyen porno lezbiyen porno izle lisa ann porno liseli pornoları liseli porno liseli porno izle manken porno manken porno izle masaj porno izle masturbasyon porno izle masturbasyon pornoları mature porno mia khalifa porno mia malkova porno milf porno izle mobil porno mobil porno izle öğrenci porno izle öğretmen porno izle okul porno izle olgun kadın pornosu olgun porno oral porno oral porno izle oral seks porna izle pornhub pornhub porno izle porno film izle porno indir porno izle porno resimler porno star porntube porno izle redtube redtube pornoları riley reid porno rokettube rus pornoları rus porno rus porno izle sakso blowjob porno izle sarışın pornoları sarışın porno sarışın porno izle sarışın pornoları sekreter porno shemale sikiş sikiş sikiş izle şişman porno siyahi pornoları suriyeli pornoları swinger porno tecavüz porno teen porn türbanlı pornoları türbanlı porno türk pornoları türk porno türk porno izle türkçe altyazılı porno türkçe altyazılı porno izle xhamster pornoları xhamster porno xhamster porno izle xnxx xnxx porno xnxx porno izle xvideos xvideos porno izle yaşlı porno yeşilçam porno izle youjizz youporn youporn porno izle zenci porno güvenilir bahis siteleri bahis siteleri casino deneme bonusu casino siteleri deneme bonusu para yatırma bonusu bahis siteleri casino siteleribahis sitesi para yatırma