Search results for: 'software-as-a-service'

The privatization trend in aviation has picked up pace globally during the last 2 decades. Historically, a majority of airlines and airports were part of the public sector, and focus remained mostly on providing connectivity and affordability. However, the travel experience was often less prioritized. Changing market dynamics have made the passenge...

The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to ha...

Saturated air traffic demand in developed regions where aviation penetration is high creates the need for an adjacent market. Globally, the COVID-19 pandemic has forced governments and aviation stakeholders to rethink their strategies and mitigate risks associated with their dependence on international travel and tourism. Airports are considered st...

05 Jan 2018  |  Global  |  Market Research

Digital Transformation in Airports

Technology Disruption Renders Contemporary Solutions Obsolete and Spurs Transformation across Airport Processes

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A number of factors symbolize the struggle airports face in their journey to host the roughly 7 billion passengers that depart from and arrive at an airport every year. Capacity constraints, growing passenger footfalls, stagnant aeronautical revenues and competition necessitate a transformation in business models, operational processes and organiza...

29 Jan 2018  |  Global  |  Market Research

Global Commercial Cabin Interiors Market, Forecast to 2025

Narrow-body Linefit and Wide-body Retrofit Programmes Driving Marginal Growth

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Key Issues Addressed

The aircraft cabin interiors market is increasingly adopting new cabin designs with emphasis on improving the passenger experience and functionality. The $11.55 billion market in 2017 is expected to grow to $12.47 billion in 2025, at a compound annual growth rate (CAGR) of 0.95%, although the revenue trajectory varies by every product segment. The...

04 Nov 2022  |  South Asia, Middle East & North Africa  |  Market Research

Growth Opportunities for the Aviation Industry in the Middle East

Assessing Effects of the COVID-19 Pandemic on Regional Industry Dynamics for Airlines, Airports, and MROs

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The COVID-19 pandemic has fundamentally disrupted the global aviation industry, with airlines and airports bearing the brunt of the downturn. Limited domestic travel and heavy reliance on international air traffic have had a greater impact on Middle Eastern airlines’ and airports’ business operations than their global counterparts. Airlines oper...

The premium economy seating class was introduced in the 1990s. Essential components are extra seat width, generous recline, and upgraded soft product offerings. Since the gulf between economy and business class prices and services is quite large, the premium economy class is seen as a more affordable solution with sufficient perks. During the p...

15 Dec 2022  |  Global  |  Market Research

Commercial Aviation First-class Seating Growth Opportunities

Consistent Demand from Economic Powerhouses and Leisure Travelers and Strong Marketing Benefits will Drive Growth

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Key Issues Addressed

First-class seating is usually feasible on widebody aircraft. The prolonged grounding of this aircraft type by airlines around the world due to the COVID-19 pandemic hindered the growth of this cabin class. Preference for new narrowbody aircraft also increased among airlines. The general trend before the pandemic was already skewed toward the repla...

This study analyses the global commercial aircraft supply and demand scenario. Aircraft supply and demand depend on regional factors, just as tourism, aircraft leasing and ownership, and jet fuel prices. For most regions, new aircraft demand is dictated by the carriers that serve the most passengers. An exception exists in Asia-Pacific, where low-c...