Florida companies expected to reap rewards from Singapore Airshow



Florida aviation and aerospace companies generated about $62 million in projected sales as a result of last month’s Singapore Airshow, a major expo for the global industry.

The figure comes from Enterprise Florida, the state’s public-private economic development group, which led a delegation of 22 companies to the show. Several of those are based in Miami-Dade County, including Aerokool Aviation in Hialeah, AerSale in Coral Gables, Avionica in Miami, Infinity Air in Doral and Turbopower in Miami Lakes.

“Florida has a very successful aerospace and aviation sector, and the state is serious about strengthening its position as a leader in the industry,” Enterprise Florida President Gray Swoope said in a statement.

Enterprise Florida opened new offices this month in Shanghai and Hong Kong, giving it a presence in three Asian cities and 12 worldwide.

The Singapore Airshow attracted about 900 exhibitors from 70 countries as well as more than 44,000 attendees.

The Beacon Council, Miami-Dade’s tax-funded economic development agency, has tried to bring a similar aviation expo to the Homestead air base, hoping to target major companies looking to show off planes, equipment and software to buyers throughout the Western Hemisphere.

But then-Defense Secretary Leon Panetta quashed the idea in 2012, saying in a letter to the Beacon Council that the Pentagon was “simply not in a position to devote resources” to the endeavor.

Read more Business stories from the Miami Herald

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