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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...

Original equipment manufacturers (OEMs), airlines, and airports have an opportunity to adopt a new generation of clean and sustainable technologies to reduce their contribution to climate impact. Hydrogen presents a path to transubstantiate aviation into a climate-neutral industry. Industry studies suggest that novel aircraft, aero-engines, and sys...

The COVID-19 pandemic forced lockdowns and border closures, which subsequently curtailed global travel. Industry revenue in fiscal year (FY) 2020–2021 amounted to $328 billion—the nominal equivalent to revenue generated in FY 2000–2001. Due to grounded aircraft and cancelled flights, the reasons for the shift in passenger behavior, government restr...

Flight operations are one of the highest cost centers for an airline. In a growing global aviation market, airlines need to continuously optimize their flight operations and asset utilization to attain enhanced revenues and deliver sustainable operations. Optimizing flight operations can also lower operational expenses and minimize harmful environm...

Lessors are struggling to maintain liquidity amidst the weak economic scenario in aviation. Airline-owned leasing firms are selling off their leasing arms to consolidate and streamline their core air travel operations. The critical situation has led to some M&A scenarios in the aircraft leasing industry. Lessors and airlines are dependent on var...

03 Sep 2021  |  Global  |  Market Research

Global Battery Technology in Commercial Aviation Growth Opportunities

Commercializing Battery Technology Enables New Product Development to Lower Carbon Form from International Aviation

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Airlines, OEMs, and MROs need to evaluate their current operating economics to understand the importance of adopting sustainable alternatives and create strategies to prepare for the future, specifically by developing a technological roadmap for MROs. Compliance with expanding regulations in air transport and economic conditions brings urgency to a...

This study aims to evaluate the commercial aircraft fleet and MRO market in Thailand for 2018, segmented on multiple criteria, focusing on market trends, technology Mega Trends, and opportunity areas. Among the Southeast Asian nations, Thailand is one of the major MRO spenders, standing at 4th position in terms of MRO market size. The study discuss...

This study aims to evaluate commercial aircraft fleet and the MRO market in China, consisting of the current fleet in 2018 and segmented on multiple criteria. It further focuses on the market trends, technology Mega Trends, and opportunity areas. Among all the Northeast Asian nations, China is the major MRO spender in terms of MRO market size. This...

The airline digitalization market is a growth market forecast to achieve more than $35 billion in revenue by 2030. It is a highly fragmented market, with the top 15 companies accounting for nearly 26.5% of the market share. This share amount is not expected to change significantly over the forecast period (2021–2030). The markets top companies by e...