Search results for: 'aging Strategies'

07 Dec 2020  |  Africa  |  Market Research

Network Diversification and Fleet Optimization Power the Commercial Aerospace Market in Africa, 2020

Strategic Partnering and Network Expansion are Top Growth Strategies for Pandemic-hit Airlines

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Key Issues Addressed

Over the last decade, Africa, along with the Asia-Pacific, has grown the fastest in terms of GDP and had an average annual growth rate of 6% or more. Still, most of the countries in the continent have to significantly improve their political stability and public infrastructure to attract new investments and properly integrate themselves with furthe...

14 Jul 2021  |  Global  |  Market Research

Global Airline Industry Predictive Maintenance Growth Opportunities

Strategic Partnerships Enable Stronger and More Viable Competitive Strategies Throughout the Aircraft Manufacturing Supply Chain

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Key Issues Addressed

As global air travel is anticipated to rise in the second half of 2021, the airline industry faces challenges in extending the life of current and future aircraft. Recovery from the weak economic environment due to the COVID-19 pandemic accelerates demand for more cost-efficient, secure, and standardized ways to improve overall aircraft maintenance...

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...

Airlines are facing an ever-evolving digital landscape and an increase in expectations from an always-connected passenger. Cloud computing, mobile solutions, machine learning (ML), Blockchain etc. are disrupting numerous traditional processes across industries. Airlines have lagged behind other industries in embracing these digital enablers, but ma...

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...

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...

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...

Business class revenue was a key growth driver for airlines as they attempted to resurrect from COVID-19 pandemic-related service disruptions. The emergence of the new traveler segment, the luxury leisure traveler, ensured business class cabins remained fully booked throughout the seasonal tourism periods. Overall, passenger preference for privacy ...

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...