Friday, 6 October 2017

Commercial Aerospace MRO and Manufacturing Sector: Big Opportunities for Growth in Thailand

Thai A350 - Image: From the net

Published: Oct 6, 2017 1:27 a.m. ET

An Aerospace Growth, Innovation & Leadership Executive Briefing by Frost & Sullivan Thailand, in collaboration with Civil Aviation Authority of Thailand (CAAT)

BANGKOK, Oct. 6, 2017 /PRNewswire/ -- Frost & Sullivan and Suranaree University recently organized an Aerospace Industry Seminar in association with The Civil Aviation Authority of Thailand (CAAT) on September 19, 2017.  The Seminar discussed the current market scenario in commercial aerospace MRO and manufacturing, followed by the trends and future projections of the industry. The Seminar also highlighted the existing gaps in the industry, which could be potential opportunities for Thailand.

In his presentation on the Growth Prospects of Aerospace Manufacturing & MRO Industry in Thailand, Mr. Amartya De, Associate Director of Aerospace & Defense, Frost & Sullivan mentioned, "The Thailand aerospace sector is expected to grow rapidly due to expansion in airline fleet size in Thailand and neighboring countries. This coupled with the rising trend of the migration of Commercial MRO activities to the APAC region is creating new job opportunities in ASEAN".  He also compared government initiatives and policies in emerging countries with those of Thailand, which need to be further improved to compete with the global markets in the region……..Read rest of article: HERE

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