Show bows in as air traffic soars

AINonline
19th Feb 2008
The air transport industry’s center of gravity is shifting to Asia and Singapore’s aerospace industry is poised to reap the benefit, the country’s prime minister said here yesterday before officially opening the show.

Lee Hsien Loong said the industry’s output had grown more than 10 percent last year to reach nearly S$7 billion ($4.9 billion). And the country is developing its infrastructure and skills to make sure the growth continues.

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