The Asia Pacific region is comprised of 41 nations representing 56% of the world population. The magnitude of the Asia Pacific region results in both political and economic power, especially considering President Obama's "Pivot to Asia" initiative and the potential Trans-Pacific Partnership (TPP) Treaty. Aviation safety in the Asia Pacific region is critical to the region's continued success and growth. The International Air Transport Association (IATA) predicts that in the next 20 years more than half of all air travel will touch the Asia Pacific region, a 40% increase from present rates. This increase will account for two-thirds of the global aviation growth. These growth rates in the region will translate into new aircraft sales and services. Furthermore, the Asia Pacific region is home to both established parts suppliers for US aviation manufacturing as well as developing new aircraft that will operate globally.
The FAA has offices in Singapore, where our Asia Pacific Director is located, as well as Tokyo, Japan; Beijing, China; and New Delhi, India. Additionally, the FAA participates in ICAO regional meetings as well as Asia-Pacific Economic Cooperation (APEC) and Association of Southeast Asian Nations (ASEAN) aviation safety initiatives. With aviation as an important driver of economic development, the FAA has a strong interest in maintaining safety, efficiency, and environmental sustainability through our presence in the region.