Asia faces a severe shortage of well-trained pilots as the region's demand for air travel skyrockets, Airbus's chief executive told CNBC.
"We believe that we will require close to 200,000 pilots for the region, whereas there are only 65,000 right now, in the next 20 years," Fabrice Bregier, president and CEO of the European planemaker, said on Tuesday.
To meet that need, Airbus and Singapore Airlines launched a training center in Singapore this week, equipped with eight full-flight simulators and six cockpit training devices, and with the capacity to teach more than 10,000 trainees a year.
"There is a shortage of good, trained pilots and this is due to the growth of the region. Instead of sending the pilots to France or America, it is much better and efficient for everybody to have a center in Asia," Bregier said of the center, in which his company holds a 55 percent stake.
The Airbus Asia Training Centre (AATC) in Singapore will be Airbus' largest one yet; the company has similar facilities in Toulouse, Miami and Beijing.