Page 1 - FARNBOROUGH AIR SHOW 2024 - DAY 3 | DAILY NEWS

03

24-07-2024

GLOBAL BUSINESS PRESS WWW.GBP.COM.SG

Goal is to be Among Top 30 Defence Embraer 20-Year

Firms by 2030: Aselsan CEO Ahmet Akyol Market Outlook

Ahmet Akyol,President & CEO of Turkish Forecasts
defence major Aselsan, is on a mission Demand for 10,500
– to ensure that the company that he
leads is among the top 30 defence firms Sub-150-seat Jets
in the world by 2030.
and Turboprops
“It is an achievable goal if we continue
our 10 percent growth rate and I am
confident that we will,” Akyol says in
an interview with Arun Sivasankaran.
“We were 47th on the list last year. This
year, we hope to be higher on the list.
How high, we will have to wait and see.”

INTERVIEW SEE P/5
...Cont’d to PG 3

Supernal and Sigma Air
Avolon to Buy 310 New Engines Mobility Collaborate on

for A320neo Family Jets, Orders AAM Market Development

Valued at Over US$5 billion Supernal and Sigma Air Mobility have
announced a joint effort to identify and
develop targeted markets for future
Avolon has announced orders for 310 new engines to power 155 Airbus AAM infrastructure and investments,
A320neo family aircraft in its order book. Avolon will purchase 160 GTF en- targeting key markets in South and
gines from Pratt & Whitney, and 150 LEAP-1A engines from CFM International. Southeast Asia and potential opportu-
nities in Southern Europe.
SEE P/4
SEE P/5

Show Debut for MBDA

MANPADS VSHORAD

A new MANPADS (Man Portable Air Defence System)
VSHORAD (Very Short Range Air Defence) solution is
being showcased by MBDA for the first time at the on-
going airshow.

The new MANPADS VSHORAD solution is under de-
velopment for the Italian Army and is now ready to be
SEE P/10
marketed to export customers.