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Over the last decade, the Far East has consistently been in the aviation industry´s spotlight as countries in the region invested heavily in passenger airplanes for their airlines, some of which are amongst the largest and fastest growing in the world. And state-of-the-art equipment for their defence forces.
In recent times, however, the region has evolved from being perceived as a significant customer for the aerospace industry to becoming a partner of choice.
In fact, aerospace companies, such as Boeing, have traditionally had an interest in supporting and contributing to the region´s efforts in establishing and sustaining regional aerospace capabilities. This is currently being achieved through sharing knowledge with academic institutions and supporting research and development efforts.
Yet, there´s more that the region can offer to the global aerospace industry: its talent. It is a matter of concern that the traditional aerospace development and manufacturing hubs in Europe and the United States are seeing as a significant slowdown in birth rates.
It means that the young population of the Far East presents an opportunity for the Aerospace industry to replenish its own youthfulness. By continuing to collaborate with entities in the Far East to nurture and nourish an interest in aerospace.
- Spotlight: The are of immediate or conspicuous public attention.
- Invest: To (put) money to use, by purchase or expenditure in something offering potential profitable returns.
- State of the Art: The latest and most sophisticated or advanced stage of a technology, art or science.
- Evolve: To develop gradually.
- Is the Far East really getting higher and taking off in the Aerospace Industry?
Welcome to this activity created by Team Leader Mr. Juan Guadalupe Vaca Pérez from Satelite Branch. Take note of all the pink words, read the text, watch the video and answer the question in the comment section below.