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Aviation History
2002
2002 - 0144.PDF
Asian Aerospace 2002 ROA »T0 RECOVERY Despite the slump, Asia's aerospace industry has more reason than most to be quietly confident about its prospects in the coming year ANDREW DOYLE / SINGAPORE Singapore's 11th Asian Aerospace show (AA2002) will open its doors on 26 February amid a mood of cautious optimism that the industry - traumatised has it has been by the calamitous events of 11 September - is firmly establishing itself on the path to recovery. It is perhaps appropriate that the event, managed by Reed Exhibitions, a business unit of Flight International parent company Reed Elsevier, takes place in a region where long-term growth prospects still remain fundamentally solid despite the setbacks stemming from the attacks on New York and Washington DC. Around 22,000 trade visitors attended the last show two years ago - slightly down compared with the 1998 event - and Asian Aerospace managing director Jimmy Lau says the indications are that a similar number will attend this time despite moves by many companies to slash their marketing budgets. "We are working towards the projected turnout," says Lau. "We have a visitor pre- registration programme for this show, and the response has been good." AIRCRAFT ON DISPLAY AT ASIAN AEROSPACE 2002 (AS OF 7 JANUARY) AgustaWestland Alenia/Lockheed Martir Antonov ATR BAE Systems Boeing ,"::":7/ M&B • •nam Mil 1 ::•'.•' Bombardier CATIC/Xian Cessna Dassault Super Lynx C-27J An-74TK An-140 ATR42MP ATR72 Harrier GR7 Hawk 200 Nimrod AH-64D Apache Lon B-1B Lancer BBJ C-17AG!obemaster CH-47D Chinook F-15E Strike Eagle jbow F/A-18E/F Super Hornet KC-135R Challenger 604 Dash 8 Q400 Global Express Learjet 45 MA60 Citation Encore Grand Caravan Turbo Skylane Falcon 900EX Rafale EADS Casa EADS Eurocopter Eurofighter Fairchild Dornier Gippsland Gulfstream Korea Aerospace Let Lockheed Martin Northrop Grumman Pilatus Raytheon Raytheon/Hawker MHMHBMMHM|gHHHa|H Sikorsky ST Aerospace Sukhoi Zlin Model Mirage 2000C C295 EC130 Eurofighter (mockup) 328JET GA8 Airvan IV-SP v G100 G200 KT-1 420 F-16C Falcon Joint Strike Fighter (mock-up) P-3 Orion E-2C Hawkeye PC-12 King Air 350 King Air B200 Premier Beech 1900D Hawker 800XP •• SH-60B Seahawk F-16A Technology Demonstrator Su-30MK 242 According to Lau, some exhibitors have been forced to cut costs, but most have decided to maintain their presence at the show, which is widely regarded as the industry's third most important event after Farnborough and Paris. "The slowdown has prompted some exhibitors to be more creative and cautious in their planning and expenditure. These companies are making every effort to maintain their presence at the show. Some have scaled back on their auxiliary activities and services in order to retain full participation," he says. Despite the air of gloom, Asia offers some hope for quick recovery. China, hav ing recently joined the World Trade Organisation, remains a beacon for the civil sector, while several other countries in the region are beginning to see their air transport industries undergo significant expansion as their economies develop. However, many of the region's airlines still face major difficulties as a result of the dramatic fall-off in passenger traffic and inbound cargo which originates in the USA. European markets have also seen a decline, albeit less severe - but intra-Asian traffic is holding up relatively well as many travellers opt to make regional rather than intercontinental trips. Chinese carriers and Vietnam Airlines are among the few operators buying addi tional aircraft, but most are saddled with 36 15-21 JANUARY 2002 FLIGHT INTERNATIONAL www.flightinternational.com
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