Page 3 - AAA APRIL - MAY 2017 Online Magazine

CREDITS EDITOR’S NOTE

Editor Take-Off Time
Vittorio Rossi Prudente
vittorio.prudente@gbp.com.sg
The happy confluence of multiple factors that led to a record-breaking year for the civil
Associate Editor
Jay Menon aviation industry in 2016 no longer exists, but there is still a lot for airlines and MROs to
jay.menon@gbp.com.sg look forward to. In this issue, we focus on North America, where carriers are expected to
register an impressive EBIT margin of 12.9 percent this year, and Latin America, where
Special Correspondent
Atul Chandra investors from all parts of the globe seem to be flocking to.
atul.chandra@gbp.com.sg
Special Correspondent (Americas) It is worth noting that the record profits of US$35.6 billion posted by airlines globally
Arun Sivasankaran in 2016 was primarily due to the performance of North American carriers. The market
arun .sivasankaran@gbp.com.sg is mature and the North American fleet is forecast to grow at an annual rate of a little
Contributors more than one percent, but carriers in the region are expected to have a much more
Geoffrey Thomas, Subodh Agarwal profitable year in 2017 than airlines in other parts of the globe.
Operations Director
Siva Sachi The situation in Latin America is even more promising, both for carriers and MROs. The
siva.sachi@gbp.com.sg fleet growth in the region is expected to grow at an annual rate of 3.2 percent. Latin
Art Director America currently has a six percent of the global MRO market, but MROs in the region
Arthur Chan are expected to see a 5.5 percent annual growth at least until 2026. Narrow body aircraft
arthur.chan@gbp.com.sg currently constitute more than 50 percent of the Latin American fleet, but the number
Web Director of wide bodies in the region will grow substantially over the next decade, triggering an
Elmer Valencia increased MRO spend on wide bodies.
elmer.valencia@gbp.com.sg
Circulation Manager FAMEX 2017, a showcase for Mexico’s aerospace industry, is being held at a time when
Khairul Naem the country is poised for growth. Almost 50 percent of the FDI in Mexico is in aerospace;
khairul.naem@gbp.com.sg
no other country has received as much FDI in the field over the last three years. The
Advertising ContACts: event, which focuses on all aspects of civil aviation, space and military aeronautics, is
marketing@gbp.com.sg expected to further strengthen the country’s position in aerospace.
Europe – Canada and all other countries:
Global Communications sas As always, the MRO section contains articles on the latest industry advances. We hope
Tel: +39 049 723548 you enjoy the issue as much as we enjoyed working on it.
Helen@global-communications.it
USA Happy reading!
Contact: Josh Mayer
Tel : +1 972 816-6745 / Fax : +1 972 767 4442
jm@mayeradvertising.com
EDITOR
China
Contact: Xu Yixin Asian Airlines & Aerospace
Mob: +8613811688955
Tel: 86-10-58354055 / Fax: 86-10-84043033
xuyixin@cannews.com.cn
South East Asia
Contact: Siva Sachi
Mob: +6012-905 6825
siva.sachi@gbp.com.sg

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