This projection, over the next twenty years, represents more than a third of that concerning the world market for air services valued at 4.9 trillion dollars.
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The Republic of Singapore Air Force will carry out a flight test campaign to take part in Airbus Automatic Air-to-Air refueling program of the A330 SMART MRTT, which includes the enhancement of maintenance solutions.
During the Singapore Airshow 2020, Korean Air as well as Tigerair Taiwan announced agreements with Pratt & Whitney to equip their 50 Airbus A321neo and 15 A320neo aircraft, respectively, with GTF engines. Both airlines also discuss maintenance services agreements.
The Singaporean firm ST Engineering and Vietnam Airlines could set up a joint venture to meet the growing needs in the Asia-Pacific region.
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