The biennial Singapore air show draws international players in the aerospace industry, as well as Chinese companies looking to make their mark on the world stage. Miro Lu has the story.
B-roll of aircrafts on display especially Airbus, Boeing and Gulfstream jets. It's the largest air show in Asia, featuring 65 of the top 100 global aerospace companies. Industry leaders bring along their latest aircrafts and technology, including "first showings" of Gulfstream G500 and G600 and the Airbus A350. These companies all want a slice of the Asia-Pacific market, the fastest growing in the world. The International Air Transport Association estimates that by 2030, air travel in Asia will be greater than Europe and North America combined.
Chinese companies want to get in on the action too. The Commercial Aircraft Corporation of China, or Comac for short, says it has secured more than 700 orders for the narrow-body C919, including foreign clients like GE Capital Aviation Services, German start-up Puren Airlines and City Airways of Thailand.
LU ZHENG, DEPUTY GENERAL MANAGER SALES & MARKETING DEPARTMENT COMMERCIAL AIRCRAFT CORPORATION OF CHINA "The C919 is a 168-seater regional jet. We completed its maiden flight last May. The second plane also completed its first flight last November. All the tests are well underway. We hope to obtain the airworthiness approval from CAAC in 3 to 4 years and make delivery to our first customer China Eastern Airlines."
Chinese companies at the air show also has a strong focus on innovation. Many highlight new developments in autonomous technology. The Aviation Industry Corporation of China showcases the Wing Loong family of medium-altitude, long-endurance UAV in Southeast Asia for the first time. On the civic side, Chengdu-based Star UAV System displays the world's first large cargo UAV. The AT200 can hold up to 1.5 tons, and cuts transit time to islands or mountainous areas. The company sees opportunities to connect Southeast Asia's island archipelagos.
XIANG LIQI, DIRECTOR STAR UAV SYSTEM "For example, Singapore has 63 islands. Malaysia, Indonesia, they all have many islands. There are needs for goods supply and transportation. Using AT200 can cut down the time significantly."
MIRO LU SINGAPORE "As Asia's aviation industry soars to greater heights, all eyes will be on China – not only because it's the region's largest consumer, but also because of its innovation and technology. Miro Lu, CGTN, Singapore."