AAIS 19th Annual General Meeting

The 19th Annual General Meeting of AAIS was held virtually on Thursday 28 October 2021 with the following highlights:

Opening Remarks by Outgoing President
In his opening remarks, outgoing President Mr Philip Quek noted that the prolonged pandemic and resulting crisis has had a significant impact on the aerospace and aviation industries. However, the industry was starting to see signs of recovery, with the aerospace segment marking growth of 21% in the second quarter of 2021, from a low base of MRO activities in the previous year. Despite a “bumpy” road to recovery and anticipated challenges in the post-pandemic landscape, the long-term outlook for aerospace remained positive, and members were called upon to strategise and plan for growth. To position for the future, the Association was gearing up to address three areas– sustainability, transformation, and advocacy.

Watch the Opening Remarks below:

Recognition of Contributions to the Industry during the COVID-19 crisis

The Association and its members expressed their appreciation to key partners who had played a pivotal role in guiding and supporting the industry and AAIS through the challenging COVID-19 crisis:

  1. Mr Robin Thevathasan, Chair of the AAIS COVID-19 Taskforce
  2. Mr Tan Kong Hwee, Executive Vice President at the Singapore Economic Development Board
  3. Ms Glory Wee, former Director of the Aerospace, Marine & Offshore Urban Solutions at the JTC Corporation
  4. Mr Ho Chi Bao, former Director of Advanced Manufacturing at Enterprise Singapore

 

Appreciation for the 12th Management Committee 2019/21

The Association also recorded its appreciation to the 12th Management Committee for its leadership through the worst of the pandemic. Two long-serving MC members who stepped down at the AGM were recognised:

  1. Mr Philip Quek (AAIS President – September 2015 to October 2021)
  2. Mr Philip Sung (AAIS Honorary Treasurer – September 2017 to 2019 and 2020 to 2021; Asst Honorary Treasurer – 2019 to 2020; Committee Member – 2015 to 2017)

Endorsement of Reports and External advisors

Members present endorsed the FY2020/21 Annual Report and Financial Statements and agreed unanimously to reappoint Mr Paul Sandosham of Clifford Chance as the Honorary Legal Advisor and Ernst & Young as the Honorary External Auditor.

Appointment of the 13th Management Committee 2021/23

The election results for the 13th AAIS Management Committee were announced. Elected members will be serving a two-year term (until AGM in 2023). We warmly congratulate all members of the committee!

In his closing remarks, newly elected President Mr Wong Yue Jeen highlighted that AAIS would be looking to work closely with industry, partners and government agencies to execute action plans towards developing Singapore as a sustainable aerospace hub. Leveraging the Aerospace Industry Transformation Map 2.0, it will engage and work with members to shape, design and innovate the landscape towards the advancement of the aerospace industry.