Aerospace firms see Asia-Pacific as key market

THE SKY'S THE LIMIT: A record US$3.52 billion worth of deals were signed during this year's Asian Aerospace event -- and the industry expects the region to be a core market for large civilian aircraft

AFP , SINGAPORE
Monday, Mar 01, 2004,Page 12

The Asia Pacific will be a key battleground for the world's top aerospace companies in the next 20 years, with industry players

already positioning for a slice of the expected multi-billion-dollar bonanza.

The Asian Aerospace event that ended in Singapore yesterday gave a glimpse of the long-term rivalry both in the commercial and military fields.

It also underscored the robust optimism over the potential of the aerospace business in the region that includes China, Japan, South Korea, Australia and Southeast Asia.

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