In his keynote address at the event, S. Iswaran, Senior Minister of State for Trade and Industry in Singapore said: “In spite of the weak immediate outlook for airlines and the MRO industry, the long term prospects of the aerospace industry remain positive.” He noted that at July’s Farnborough Airshow, significant new orders for aircraft continued to be placed with Boeing and Airbus, particularly from the emerging economies of the Middle-East, China and Russia. Demand has … [Read more...] about Optimistic outlook for MRO business