Acknowledged as a magnet of alternate dynamism and aspiration, Singapore also has the recognition of being a thriving industrial epicentre with impeccable connections globally.
Its airport, Changi, is one in every of the ideal transportation hubs in Asia, one in every of the world’s busiest airports for both passenger and freight traffic, and repeatedly tops polls for the World’s Finest Airport, together and not utilizing a fewer than twelve cases within the Skytrax global airline and airport ranking system. It’s a mannequin of sustainability, and as neatly as your whole traditional facilities, the airport boasts a butterfly garden and the unbiased Green Wall, which is five tales excessive and comprises over 113,000 vegetation. Over 100 airways characteristic out and in of Changi, and the airport is totally geared as a lot as accommodate the massive Airbus 380 and diversified mega plane, as neatly as being a prime hub for freight transport.
the broader South East Asian aviation alternate, a most modern report* estimates the market dimension at USD 36.06 billion in 2024, and is expected to be triumphant in USD 45.68 billion by 2029, rising at a Compound Annual Notify price of 4.84% throughout 2024 – 2029. The report flags up the rising disposable earnings stages of passengers in Indonesia, Thailand, the Philippines and Singapore itself and the growth of the tourism sector all over the space, with international locations substantially rising their plane fleets. Military aviation is also rising all over South East Asia to counter Chinese language aggression in direction of Taiwan.
Main players within the market are flocking to receive bases within the space, and after cautious evaluate and preparation, the personnel at Artemis Aerospace has decided that right here’s an space where we want to have our toes firmly on the floor.
Jim Scott, co-founder and managing director of Artemis Aerospace, talked about:
“There’s been a colossal upward push in transactions in South East Asia for our multi-discipline alternate, at the side of component provides, component repairs, lessor improve, flight simulation hardware improve, consignment stock administration and global plane logistics, and with the quantity of work we are at the moment facing there we feel our customers will have the advantage of Artemis having a neighborhood hub. In our sector, tempo is of the essence, and the unique hub will create our service all over the space even faster and more atmosphere friendly.”
Artemis’s abilities in obtaining ingredients for flight simulators, thus guaranteeing minimal downtime for these significant coaching devices, helps create definite pilot and crew instruction operates with the least seemingly disruption. With the South East Asian aviation alternate rising so all at as soon as, we remember our service will most in all probability be in colossal interrogate.
