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CNBC Asia-Pacific Highlights

An Air India aircraft prepares to land at the international airport in Mumbai

Over the last decade, domestic air traffic in India has grown from 13 million people annually to an estimated 52 million in 2011, making it the fastest-growing passenger market among major economies. Yet India’s airline industry is losing money and in deep debt, with few solutions in sight.

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Budget carriers in Asia, which have seen surging growth over the last decade, are now looking to tap the long-haul market.

The event is the largest aerospace and defense airshow in Asia.

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Despite natural gas prices falling to near 10-year lows last week, Shell's CEO Peter Voser says demand for gas will be much higher than oil in the long term with the Asia-Pacific region driving the sector's growth.

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TK Kurien, tells CNBC that his Bangalore-based IT services firm will  benefit in a challenging environment as its clients look to cut costs and squeeze out growth.