Alpha Aviation Group has launched its new multi-million dollar full flight Airbus A330/A340 simulator at a ceremony at its Clark training facility in the Philippines.

The first widebody simulator in the Philippines, the simulator has complete Airbus A330 and A340 functionality - fully replicating the cockpit experience and functions of both planes.

The purchase of the simulator comes at a critical moment for the aviation industry across Asia-Pacific. Falling oil prices coupled with a rising middle-class in the region have led to a surge in demand for air travel, in turn driving demand for more pilots.

As a result, Boeing predicts the Asia-Pacific region will need an additional 248,000 pilots by 2035 - 40% of the global total of 617,000 new pilot required.

The simulator will be financed in agreement with BDO Leasing & Finance, the leasing and finance division of the Philippines largest bank.