The 4th China International Aviation & Aerospace Exhibition (Airshow China 2002) drew its curtain on November 3rd , 2002 in Zhuhai, Guangdong, China, with over 370 exhibitors from 28 countries and regions attending the 6-day event.
Compared with Airshow China 2000, the indoor floor space increased by 21% to 15,000 square meters. During the show period, 62 forums, press conferences, contract signing ceremonies, product briefings, market forecasting conferences and technical seminars were held, including 20 contracts with a total value of 3.7 billion dollars that involved 31 aircraft.
Airshow China 2002 featured a stronger trading atmosphere as foreign and domestic companies participated in the show with a larger variety of advanced technologies and state-of-the-art products, including the homemade ARJ21 regional jet mock-up, the ¡°Shen Zhou¡± spaceship capsule, and the ¡°Kun Lun¡± engine.
China International Aviation and Aerospace Summit 2002 and the First China Aviation and Aerospace Capital Forum were convened concurrently with the show, which also saw Boeing, Airbus, Embraer and Bombardier release their market research and forecast reports on the Chinese market. Given the fact that China has joined WTO and its economy on the fast track, at Airshow China 2002, exhibitors started to vie for China¡¯s yet-to-be-developed regional aircraft business aviation market.
Airshow China 2002 also highlighted some big deals, led by Rolls-Royce¡¯s 325-million-dollar long-term contract with Virgin Atlantic Airways for supporting the latter¡¯s A340-600 fleet Trent-500 engines. Airbus cemented a deal with AVIC I for subcontracting the A320 components. The show also witnessed the Airbus-AVIC subcontract for the A320 components, and the establishment of Zhuhai Flight Training Center, a joint venture between CAE and China Southern Airlines, showing off Chinese aviation industry¡¯s willingness and strength for playing a part in a more globalized market.
Since it was initiated in 1996, Airshow China has successfully developed itself into a recognized brand name. By introducing international business practice and integrating service resources, Airshow China 2002 launched an official sponsorship system, which covered products and services with an exclusive right to use the brand name, logo and trade mark of Airshow China.