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Traditional jet fuel comes from processing fossil fuels. As a result, its use in the aviation industry significantly increases carbon emissions, which are responsible for global warming and climate change. This study analyzes hydrogen use as aviation fuel. Along with sustainable fuels, industry stakeholders are looking at technologies such as direc...

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...

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 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 ...

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...