Sign up | Log in



Home  >>  Daily News  >>   Singapore News  >>  Events  >>  Singapore: $10b in deals closed at airshow

6 February 2010

Singapore: $10b in deals closed at airshow

Related Stories

November 14, 2009
Singapore’s top leader warns US against anti-free trade stance

November 11, 2009
Singapore calls for Apec FTA

November 8, 2009
Singapore ready to play hosts to Apec meet

November 5, 2009
Singapore expects 1,500 participants at Apec CEO Summit

Asia's largest aviation exhibition, the Singapore Airshow, has raked in some $10 billion in deals when the trade show ended on Friday, Channel News Asia reported.

Although it is some $3 billion less than the previous show two years ago, organisers said it is encouraging and are expecting a few more deals later on. In fact, the amount exceeded their conservative figure of $5 billion which took into account the weak aviation industry last year.

About 70 percent of the $10 billion trade figure came from the commercial side of the event. Most of the bigger deals were maintenance-related. On the defence side, the biggest order takes up almost one-tenth of the total trade figure.

Jimmy Lau, managing director, Singapore Airshow & Events, said: "The biggest defence contract signed at the Singapore Airshow belongs to the Indian Air Force. They have signed a missiles deal worth over $860 million."

However, some analysts are saying the $10 billion trade figure at the Singapore Airshow is rather disappointing because just a few months ago at the Dubai Airshow, that figure was $18 billion and even that was considered dismal by the industry. And by 2012, experts said the aviation landscape is set to change vastly.


Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand