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Plenty of opportunities for the right firms

Companies need to thoroughly understand the challenges and unique aspects of Asian aviation and decide whether and where they can add value.

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With the continuing maturation of the region's aviation supply chain, the inevitable outcome of the Asia-Pacific having its own competitive aircraft manufacturing capability is now close to realisation, with Comac's C919 and Mitsubishi's MRJ (above).

THE Asia-Pacific is the second-largest region for air transport in terms of the global aircraft fleet.

Its 7,290 aircraft represents 27 per cent of the world's total of 27,100. Looking forward over the next decade, this fleet will grow at 5.2 per cent per annum to over 12,100 such that in