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26 Nov 2021  |  Global  |  Market Research

Global Commercial Air Travel Growth Opportunities

Strategic Partnering Among Airlines and Digitalization at Airports will Prove Critical in Maintaining Costs During Recovery from COVID-19’s Impact

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Airlines and airports faced a sudden decline in passenger traffic, of high magnitudes. This disrupted the operational cash flow leading to severe liquidity crunch. Airlines & airports had to furlough employees, reduce operations correspondingly, and rely on state aid to ensure financial sustainability during peak periods of the pandemic (2020). Int...

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...

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...

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 ...

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 climate crisis and growing carbon emission projections present significant challenges for the aviation sector. Aviation’s contribution to global CO2 emissions has been more than 2.5% for the last few years, but the industry emits other pollutants, such as soot and methane. Considering the impact of these pollutants, aviation contributes to more...

11 Nov 2020  |  Global  |  Frost Radar

Frost Radar™: Global Airline IT Market, 2020

A Benchmarking System to Spark Companies to Action–Innovation That Fuels New Deal Flow and Growth Pipelines

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The airline information technology (IT) market is a highly fragmented one with numerous start-ups and conglomerates offering various airline IT solutions across geographies. The leading companies in this market have distinguished their products and services from the rest of the market by maintaining a long-term focus in their R&D investment strateg...

The airport digitalization market is a growth market estimated to generate more than $8.52 billion in revenue by 2030. A highly fragmented market, the top five companies contributed approximately 55% to the global revenue market in 2020. This figure is not expected to change significantly over the forecast period (2021–2030). The top companies in t...

The COVID-19 pandemic has drastically reduced the demand for air travel both on domestic and international routes. It has severely impacted the aircraft utilization rate and financial health of the airlines. Most of the airlines were forced to halt their digital transformation journey due to weak financial capability. Airlines are focusing more on ...