Singapore Airshow, Asia's largest Airshow and one of the most important aerospace and defence exhibitions in the world, is gearing up for its fifth edition and promises to set your sights higher. To date, 80% of the 2016 edition has been booked and the event will feature its first Business Aviation Zone, offering exciting new spheres of opportunities for the industry. According to data from the Federal Aviation Administration, the monthly global business aviation flight movements have started to increase in recent years. Demand is picking up and based on figures by ICF International, the global installed business aviation fleet is forecasted to reach over 42,600 aircraft by 2023, a global compound annual growth rate (CAGR) of 2.7% from 2013.
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