MRO Network, organisers of the widely renowned ap&m Europe exhibition, and the Association of Aerospace Industries Singapore (AAIS) have chosen Singapore as their platform to launch ap&m Asia, taking place at SingEx from 3-5 March 2015.
With the Asia-Pac region enjoying huge growth in the aerospace and commercial aviation aftermarket sector, ap&m Asia will serve as the primary venue for airlines to meet with their technical & maintenance suppliers at every tier of the supply chain.
Jeremy Buckle, Events Director at MRO Network explains: “The time is right for us to introduce a recognisable exhibition name into a still developing, but hugely exciting market. Through running conferences in the region for 20 years and recognising the huge demand that now exists here, the decision to launch an international exhibition was an obvious one to make”.
Jeremy continues: “ap&m Asia will be held every two years and will bring the same high quality exhibition that has been serving the aviation community since 2003 in Europe. It remains, first and foremost, a networking event, bringing together a diverse and dynamic range of suppliers in the aviation aftermarket and aerospace supply chain for a series of formal and informal networking activities.”
Kenneth Ang, Chief Executive of Association of Aerospace Industries (Singapore) explains “It is certainly an exciting time for the aerospace and aviation industry in the region and we hope the arrival of ap&m Asia will help facilitate business relationships to turn the potential into a reality.”
Why Asia-Pacific and why now?
With the huge growth in GDP (led by China and India) igniting a spike in air traffic, the Asia Pacific region has outpaced more mature markets such as Europe and North America in recent years. Boeing estimates the region’s airlines will need an additional 12,820 aircraft, valued at $1.9tn, representing a remarkable 36% of the world’s new aircraft deliveries.
Azsran Osman-Rani, CEO of AirAsia X Berhad, was recently quoted stating: “LCCs will reach at least 50% of the total air traffic market [in Asia] and as Asia is less than 30% penetrated in short-haul, and barely 10% penetrated in long-haul, there is a lot more runway for growth to reach 50%.”
Around a quarter of the current civil aviation fleet is in the region and represents $16.4B of the global air transport MRO spend of $59B. In the coming decade Asia-Pacific is set to be driving the growth in the global MRO market (ahead of China) at an estimated 5.5% per annum (source ICF International).
This is not a trend that has gone unnoticed and stakeholders within the aerospace industry, both currently in the region and those looking to develop their foothold, are developing strategies in the hope of cutting themselves a large market share.
Singapore is well established as the Asia Pacific hub for the aerospace industry and while competition from regional neighbours is increasing, it is the key focal point for anyone looking to access this region.
One day conference and workshops
Alongside ap&m Asia will be the Airline Engineering & Maintenance: Asia Pacific conference which has run in the region for the last 20 years. The conference takes a high level, strategic look at opportunities and challenges, with 2015 taking a focus on gaining an understanding of value added service delivery and best practice to ensure organisations are in a competitive position to take advantage of what is developing into a very lucrative market.
Yuni Christyawati, QA Manager, SUSI AIR, a participant at the 2014 conference remarks; “This conference is very helpful, it is a bridge for airlines to meet their MROs/suppliers, and a place for sharing info…looking forward to next year’s meeting.”
Throughout the exhibition there will also be 2 workshops on each day that drill down into specific subject matters in a more discussion based format, with topics including:
Don’t miss the ‘Meet The Buyers’ Programme
Unique to the ap&m brand of events, ‘Meet the Buyers’ is the hugely popular programme which provides a platforms for industry suppliers to meet with airline and MRO buyers, face to face in pre-arranged, 10 minute meetings slots. This signature networking event kick-starts literally hundreds of new buyer/supplier relationships and is often responsible for major contracts being discussed, tendered and finalised.
Confirmed sponsors of the event include TP Aerospace and Fokker and with over 50 other international exhibitors due to confirm over the next few months, ap&m Asia is set to be a calendar highlight for the Asia Pacific aerospace industry.
The event will take place on 3-5 March 2015 in Singapore.