UK-based Farnborough International recently concluded a feasibility study into Thailand hosting an International Airshow at U-Tapao Rayong Pattaya International Airport.
In addition to the study, key stakeholders from Thailand visited Farnborough International Airshow in England last year, as well as this year’s Bahrain International Airshow and Paris Air Show, to get a better understanding of how the shows operate.
Mrs. Nichapa Yoswee, Thailand’s Convention and Exhibition Bureau (TCEB) Senior Vice President – Business said “The study is now complete, covering the global overview, regional market potential, industry feedback, competitive landscape, Thailand’s EEC development and the government’s Thailand 4.0 initiative. It also offers recommendations for Thailand to stage the event and economic impacts.”
In 2018, Suvarnabhumi and Don Mueang International Airports handled a total of 634,011 flights, up 5.79% and handled a total of 103,378,371 passengers, up 7.39%. IATA has listed Thailand among the top ten countries with the highest air traffic volume in the next 20 years.
Thailand also plays a very important role in the regional MRO (maintenance, repair and overhaul) market, with annual growth reported at around 11.8% per annum.
To keep up with demand, the Thai government plans to upgrade U-Tapao Rayong Pattaya International Airport to establish it as the third main international airport in Thailand. There are also plans for the airport to eventually be served by high speed trains linking U-Tapao to Don Muaeng and Suvarnabhumi Airports. This is currently scheduled to be completed by 2023.
“Aviation is one of the priority sectors behind the country’s Aerotropolis initiative and MRO hub and it corresponds with the expansion of U-Tapao Rayong Pattaya International Airport in the EEC (Eastern Economic Corridor),” Mrs. Nichapa added.
International airshows normally take place on a bi-annual basis. In addition to some very important airshows in China, the Singapore Airshow, which next takes place in 2020, is widely regarded as the largest and most important airshow in the region. Malaysia also hosts the Langkawi International Maritime & Aerospace Exhibition (LIMA) which is another important event.
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Source: Breaking Travel News