ASIAN AEROSPACE 2011 ENJOYS MASSIVE INCREASE IN VIP ATTENDANCE.

Monday 14th March 2011

Delegations from China up more than 50%.

The status of Asian Aerospace as the region's premier commercial air transport event has been dramatically demonstrated with the number of VIP delegates up more than 130% over the 2009 show and the number of Chinese delegations up over 50%. Overall attendance at Asian Aerospace over three days reached a record high of 12,300 delegates, with a further 5,300 attending Asian Business Aviation.

The overwhelmingly positive mood currently prevailing amongst Asian / Chinese carriers was perfectly reflected in orders worth approximately US$10 billion being announced on the first day of the show. Air China led the way by announcing an order for five Boeing 747- 8 Intercontinental airlines within minutes of the show opening, whilst Hainan Airlines Group announced its intention to purchase 32 Boeing 787s and 6 Boeing 777s for it Hong Kong Airlines subsidiary. As a further sign of confidence about Asia's future, Cathay Pacific Airways placed orders for 25 widebody Airbus and Boeing airliners worth US$6 billion later in the week, following the announcement of a record profit of US$1.8 billion for 2010.

Asian Aerospace, which was previously held in Hong Kong in 2007 & 2009, won ringing endorsement from exhibitors and visitors alike for its high quality of attendees and the smooth organisation. The shift of timing of this year's show to March was widely welcomed by exhibitors, with the weather much more conducive to business and fitting better with the overall show calendar.

Exhibitor comments:

"We had a very good show. It more than exceeded our expectations and we met some potential customers here. Will definitely be back in 2013," Hitoshi Hank Iwasa, Vice President Sales and Marketing, Mitsubishi Aircraft Corporation.

"Good talks, new contacts, good networking and good show, especially for the mainland/North East Asia market. Richard Haas, Director Sales, North East Asia/Hong Kong, Lufthansa Technik.

"Best conference I've been to in 20 years. Real issues, great substance." Jim Edgar, Regional Director, Marketing Commercial Airplanes, Boeing Commercial Aircraft.

"Second year for us and this show consistently delivers a solid turnout of operators," Jeremy Gahanti, Executive Sales Manager - Technical Operation,. Delta Tech Ops.

"Asian Aerospace met our expectations in all aspects and we've had some interesting quality discussions. First time on the static and well worth the effort," Daniel Kunz, Director Sales and Marketing, Pilatus Aircraft .

"We've had a warm welcome at the show. Asia is a great market and our President enjoyed some encouraging and positive negotiations." Anastasia Golubtsova, Public Relations, Sukhoi Aircraft.

Asian Aerospace will return to Hong Kong on March 19th-21st March, 2013, whilst the next Asian Business Aviation show will take place in Macau on 24th -25th May, 2012.