As the aviation industry moves towards achieving its 2050 net-zero emissions target, sustainability continues to be the industry buzzword. The International Air Transport Association (IATA) estimates that it will cost up to $5.3 trillion, and will also require the greatest possible elimination of emissions at source, the use of sustainable aviation fuels (SAF), new A combination of technology, infrastructure and operational efficiency measures will be required. as offsets and carbon capture to realize this goal over the next 20 years.
These and other measures will be top of the agenda at the 2024 Singapore Air Show. A thought leader in events, his AeroForum series features discussions led by McKinsey and company experts, and What’s Next @ Airshow features innovations in the space from selected startups. Axel Starburst.
Sustainability at the core of air shows
IATA estimates that around 65% of the mitigation needed to reach net-zero carbon emissions in 2050 will come from SAF. His SAF production worldwide in 2022 will reach at least 300 million liters, an increase of 200% from the total production of 100 million liters in 2021. According to IATA, governments need to provide greater production incentives to increase the supply of SAF.
To advance the SAF debate, the AeroForum discussion, led by McKinsey & Company, entitled “Sustainable Aviation – Navigating Complexity and Developing Winning Strategies” included the Civil Aviation Authority of Singapore, Airbus, Cathay Pacific, EcoCeres Inc and FlyORO.
Panelists identified key factors essential to achieving sustainable aviation through the use of SAF, and discussed broader SAF production, including cost, production, scalability, technology, raw material availability, and consumer behavior. Focus on the challenges that hinder you. The need for industry-wide collaboration to overcome these challenges will also be addressed, as well as the economic impact of SAF implementation, government subsidies, incentives, and procurement strategies.
To further the conversation on sustainable aviation, the air show, in collaboration with McKinsey & Company, will host a breakfast roundtable with Civil Aviation Authority of Singapore (CAAS) Director-General Han Kok Huang, and bring together the Asia-Pacific region. We will discuss the role. We are currently working on developing sustainable innovations and solutions around the world.
show innovation
Lek Chet Lam, Managing Director of Xperia, organizer of the 2024 Singapore Airshow, said: “We recognize that reaching our goal of net-zero carbon emissions by 2050 will require partnerships and a concerted effort, involving not only the aviation industry but also new players in technology and innovation. As a leading global destination for industry dialogue and strategic collaboration, the Singapore Airshow provides an important platform for achieving the industry’s collective goals in innovation and sustainability.”
New technology continues to be a highlight of air shows. Both established aviation companies and promising startups will showcase their innovative solutions at the 2024 Singapore Airshow.
“What’s next @Singapore Air Show” 41 startups from 15 countries and territories including Australia, India, Netherlands, Singapore, Slovakia, Spain, US and UK will showcase cutting-edge innovations, dual-use technologies, air traffic management and digitization in the aerospace sector. Masu. and the defense industry.
Build your talent pipeline
The aviation industry will hire 1.3 million professionals by 2032 to keep pace with expected commercial and personal travel market growth, according to Canadian aviation training firm CAE’s 2023 Aviation Talent Forecast Report. It is necessary to do so.
Overall, the civil aviation industry will need 284,000 new pilots, 402,000 new technicians, and 599,000 flight attendants over the next 10 years as the number of aircraft in service increases.
To address this pressing need to develop a sustainable talent pool, the air show also collaborated with educational institutions to introduce the best of the field to the students who will make up the talent pool of the future. Around 3,000 students are expected to attend this year’s air show and benefit from his STEM (Science, Technology, Engineering and Mathematics) workshops by Rolls-Royce. Student Ambassador Program sponsored by Bell, Civil Aviation Authority of Singapore, Hope Technic, Lufthansa Technik, Singapore Air Force, and Rolls-Royce.
The Endeavor Space Challenge, held in collaboration with Science Center Singapore and US-based Karman Worldwide, and the Innovation Hunger Challenge, conducted in collaboration with Embry-Riddle Aeronautical University (ERAU), will inspire young aviation talent to use their imagination, creativity and , provides an opportunity to apply intelligence. Gain access to the guidance and expertise of senior aviation and aerospace engineers.
Asia Pacific’s leading sustainable destination
Sustainability was a top priority in the show’s content planning, but it will also be paramount when it comes to airshow setup and management. For the first time, organizers have partnered with CarbonClick to enable participants to offset the carbon emissions associated with their travels through the purchase of carbon credits. Carbon credits will be used to support high quality, fully certified climate change projects such as the Rimba Raya Biodiversity Reserve. Wind power projects are underway in Indonesia.
Additionally, the Changi Exhibition Center, where the air show will be held, will be powered by solar energy via 15,000 solar roof panels, and all booths, furniture and equipment will be manufactured using recycled waste. It also becomes a sustainable networking zone. And for the first time, Hyundai’s IONIQ 5 electric vehicle fleet will be deployed to transport his VIP attendees at the Singapore Airshow.
Such initiatives would also go a long way in aligning with the Singapore government’s efforts to develop Singapore as a leading sustainable MICE (Meetings, Incentives, Conferences and Exhibitions) destination in the Asia-Pacific region by 2030. It would be helpful.
