Policymakers and industry experts are busy swapping ideas at this year's annual aviation trade show in Singapore, with some telling CNBC that cooperation and partnerships could lead to further growth in the sector.
Violeta Bulc, the transport commissioner for the European Union, told CNBC on the fringes of the Singapore Airshow Aviation Leadership Summit, that a lot of "time and effort" had been dedicated to coming up with a "very comprehensive aviation strategy."
She said the two core motivations behind the Union's approach are to boost efficiency in European skies and for the bloc to tie up with different regions around the world, particularly growing markets.
Meanwhile, IATA's (International Air Transport Association) Director General and CEO, Tony Tyler, echoed the importance of partnerships within the aviation industry.
"By 2034, global demand will reach 7 billion passengers, but that demand can only be accommodated through a working together approach by all aviation stakeholders including governments," he said at the event.