Asian Aerospace to leave Singapore

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SINGAPORE - Asian Aerospace, the world's third biggest air show, would be moving out of Singapore after its show next February. This came as negotiations between the Singapore government and one of the co-organisers of the show - Reed Exhibitions - reportedly failed over the terms of a replacement venue. Reed Exhibitions chairman Mike Rusbridge said, "Right up until last Friday, (October 7) we have been putting proposals to the Singapore Government but have been unable to reach an agreement which responds to the needs of our customers and which is also economically viable for them. "We did not feel that the proposed Singapore government solution would respond adequately to the requirements of a modern Aerospace event. "Rushbridge said they are in active negotiations with several alternative locations, "which we believe will serve the changing economic landscape of the Asia region, and provide a platform for further growth for our customers for the long term." An announcement would be made soon on the new venue. The Singapore government is backing a new air show - Changi International Airshow - to be managed by a government-linked company headed by airline veteran Lim Chin Beng. The new company, Changi International Airshow & Events, is a joint venture between the Civil Aviation Authority of Singapore and the Defence Science & Technology Agency. Singapore's Economic Development Board (EDB) said Reed Exhibitions could not agree on the development of an alternative site at Changi North offered by the government. The biennial Asian Aerospace has been held at Changi Exhibition Centre since 1988.
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