According to report from Maybank Kim Eng Research, Singapore aviation sector prospect is positive and will continue to perform. Despite unstable performance due to weaker visitor arrivals and shrinking air cargo volume, aviation services including ST Engineering, SATS and SIA Engineering posted increased in revenue compared to the previous year.
Besides, various international convention held in singapore also brought in revenue annually, as Singapore is the top 10 destination for major international conference and event. Out of which, The Singapore Airshow is the most prominent one which brings in more than 60% of the largest aviation organisation from over 100 countries.
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