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11 Nov 2021  |  Global  |  Market Research
Growth Opportunities for Sustainable Technology in Global Commercial Aviation
Environmental, Social, and Governance (ESG) Framework and Long-term Goals to Reduce Emissions Bolster Technology Strategy
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...
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04 Jun 2021  |  Global  |  Market Research
Disruptive Technologies to Propel Aircraft Turnaround Management
Total Integration of Platforms will Transform ROI & Margin of Airport Operations
Aircraft Turnaround Management (ATM) is a critical part of the aviation operational structure. ATM determines the operational success of daily tasks and minimizes or maximizes losses, depending on how well the operations are executed. In the past, this process relied entirely on airlines, with airports only providing the local infrastructure and re...
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05 Oct 2021  |  Global  |  Market Research
Global Airport Airside Operations Growth Opportunities
Digitalization and System Integration Driving Overall Operational Efficiencies
Aircraft movements in 2019 totaled over 100 million globally. However, this figure dropped by more than 40% in 2020 due to the impact of the COVID-19 pandemic. The crisis severely impacted the fiscal health of the overall aviation sector, with nearly all stakeholders such as airlines, airports, air traffic, and ground handlers facing significant mo...
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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
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...
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30 May 2021  |  North America  |  Market Outlook
Expansion of Regional Air Networks and Clear Legal Frameworks are the Growth Enablers for the Central American Commercial Aerospace Industry, Outlook 2021
Future Growth Potential can be Realized by Leveraging Skilled Labor and Regional Fleets
Central America is a natural vacation destination for North American tourists. However, the regions social and political situation has prevented the regions commercial aerospace industry from realizing its full potential. While most destinations in Central America have decent point-to-point connectivity from major cities, they severely lack intra c...
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23 Sep 2021  |  Global  |  Market Research
Global Commercial Aerospace Digital Solutions Growth Opportunities
Data-centric Next-generation Technologies to Enhance the Future Growth Potential of Commercial Aerospace
Digitalization is a ubiquitous strategy essential to sustain business and growth in a post-pandemic economy. High penetration and improvement of digital solutions and accompanying hardware have made digitalization affordable and customizable. The commercial aerospace digital solutions market is captured by identifying digital R&D investment and the...
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14 Dec 2020  |  Global  |  Market Research
Managing Passenger Traffic Amidst Infrastructure Constraints Is Driving Growth of the Airport Passenger Flow Market
Advancements in Internet of Things and Video Analytics will Drive the Adoption of Passenger Flow Solutions
Passenger flow management includes digital solutions that airports use to ensure a seamless passenger experience across touchpoints, reduce wait times, and increase dwell times to improve airports non-aeronautical revenue. Airports had been experiencing an increase in passenger traffic until the COVID-19 pandemic roiled the travel industry. The p...
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02 May 2019  |  North America  |  Market Outlook
2019 Global Commercial Aerospace Outlook
Continued Record Increase in Commercial Aircraft Production Will Stretch Supply Chain Capabilities
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...
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16 Aug 2021  |  North America  |  Market Research
South American Commercial Aerospace Growth Opportunities
Future Growth Potential and Analysis of Commercial Aerospace after COVID-19
South America has experienced significant growth in the last 10 years, but it was focused only on specific countries. Driven by the Brazilian market, the continent has experience an influx of new destinations, especially from the North American market. The low average income GDP per capita is a significant deterrent, and the complicated political ...
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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
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...
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