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Civil supersonic transport aircraft have ceased operations since the retirement of Concorde’s commercial service in 2003. The International Civil Aviation Organization (ICAO) and the Federal Aviation Authority (FAA) have initiated the process of developing new supersonic noise standard development and emission regulations through flight-test proced...

18 May 2020  |  North America  |  Market Research

Post-pandemic Growth Opportunity Analysis of the Global Commercial Aircraft Market

Novel coronavirus charts out a new vector for the commercial aerospace industry; new destinations define new opportunities

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The COVID-19 pandemic has swept the globe, impacting every industry in every country. Few other industries have been disrupted to the magnitude that the global commercial aerospace market has. The current situation dwarfs the turmoil of 2019 as the Boeing 737 MAX grounding saga dragged on. 2020 was going to be a year of reconfiguration that woul...

The global commercial aerospace market saw a year of growth in 2018 as the supply chain was pushed to the limits. 2019 is not going to offer any relief for the supply chain as OEMs scramble to capitalize on the strong demand, especially in the APAC region where the market for commercial aircraft is witnessing exploding growth. One OEM is expected t...

The global commercial avionics market is focusing on the improvement of flight operations, which will boost the safety and the efficiency offered by airlines. This Frost & Sullivan study analyzes the global market and provides a 10-year forecast from 2020 to 2030. The total market was worth $34.90 billion in 2020 and, considering the impact of the ...

19 May 2020  |  Global  |  Market Research

Post-pandemic Growth Opportunity Analysis of the Global Airport & Airline Industry

Operational Efficiency Among Airlines and Next-Generation Digitalization at Airports Will Prove Critical in Maintaining Costs during Recovery

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Before the global COVID-19 pandemic hit, the aviation industry had anticipated high passenger volume and aircraft fleet growth over the next decade. Now, however, the industry is suddenly facing a new environment where capacities are reduced and passenger demand is down for the foreseeable future. If the global situation results in prolongs lock-do...