Here are the key nuggets distilled from the provided text, highlighting the future of global aircraft demand, manufacturer positioning, and growth trends in the aerospace sector:

**1.

Strong Long-Term Growth Despite COVID-19:**
Although the pandemic severely disrupted aviation, the underlying global demand for air travel and aircraft is rebounding and expected to remain robust through 2030 and beyond.

Emphasis on Fuel Efficiency & Sustainability:**
Aerospace manufacturers are prioritizing R&D for eco-friendly aircraft by innovating with advanced materials, aerodynamic designs, and more efficient engines.

This focus aligns with airline strategies to enhance operational efficiency, reduce emissions, and offer superior passenger experiences.

Narrow-Body Aircraft Dominance:**
Narrow-body (single-aisle) aircraft remain the backbone of fleet renewal and growth, favored for domestic and regional routes.

Airlines globally are replacing older models with newer, greener variants, propelling the narrow-body segment to an anticipated $222.2 billion valuation by 2030.

Regional Growth Drivers:**
- **Asia-Pacific:** Largest contributor to single-aisle market growth, fueled by expanding middle-class air travel.

- **Europe:** Leading in fleet modernization for efficiency and environmental standards.

- **Latin America, Middle East & Africa:** Emerging opportunities driven by tourism and infrastructure growth, with particular attention to national strategies like Saudi Arabia’s push for a global aviation hub.

Aircraft Leasing Market Expansion:**
Aircraft leasing is booming, forecasted to exceed $453.2 billion by 2026, as airlines seek fleet flexibility and cost-efficiency in rapidly changing demand environments.

Both dry (aircraft-only) and wet (crew-included) leasing models are seeing heightened activity.

Manufacturer Competitive Dynamics:**
- **Boeing & Airbus:** These giants continue to battle for dominance, winning large-scale deals (e.g., Boeing’s $34B sale to Air India, competition for major Saudi orders).

- **GE Aerospace:** Benefiting as the chosen engine supplier for major new jet deals.

- **Innovation Focus:** Manufacturers are also investing in digital/connected aircraft technologies, though high integration costs and skill shortages are challenges.

Use of Advanced Materials:**
Adoption of carbon fiber, especially for military and next-gen commercial jets, is growing to achieve weight and cost reductions.

The aviation carbon fiber market is projected to soar, crossing $4.4 billion by 2031.

Market Risks & Strategic Moves:**
Aerospace firms face risks from geopolitical events, regulation changes, and customer creditworthiness, but profitability is rebounding post-pandemic, as seen in financial upticks (e.g., FTAI Aviation's Q3 turnaround).

**Summary Outlook:**
The aerospace sector is set for a new wave of competition and growth.

Next-decade winners are likely those investing in high-efficiency, eco-friendly platforms (especially in the single-aisle segment), forging key deals in high-growth regions (Asia-Pacific, Saudi Arabia, India), and advancing leasing and digital aircraft solutions.

Boeing, Airbus, and suppliers like GE are best positioned, though new entrants in advanced materials also stand to benefit.

**Investor Implication:**
Long-term investment prospects are strongest for manufacturers leading in sustainable aircraft innovation, with solid exposure to Asia and the Middle East, and partnerships in fleet leasing and next-gen materials.

Here are the key summarized nuggets from the provided extracts, focusing on global aircraft demand trends, manufacturer positioning, regional dynamics, and industry innovation:

**Global Demand & Market Rebound**
- The global civil aviation sector is rebounding strongly, with IATA forecasting 4.35 billion air passengers in 2023—almost matching pre-pandemic levels (4.54 billion in 2019).

- Industry net profits are set to reach $9.8 billion in 2023, more than double earlier projections, driven by pent-up traveler demand.

- However, air cargo remains below 2019 levels due to slowed international trade, highlighting differing recovery rates across segments.

**Regional Growth Drivers**
- Asia, especially China and India, are leading demand growth for aircraft deliveries.

These markets are central in driving future fleet expansion and modernization.

- Airbus is investing heavily in China, launching its first global aircraft recycling project and building the Full Life Cycle Service Center (ALSC) in Chengdu, aligning with China's ambitions to develop its aviation industry.

- Sanctions on Russian aviation have led Boeing to predict declining demand from the region, potentially shifting focus to other lucrative markets.

**Manufacturer Positioning & Competition**
- Airbus is experiencing record order book growth (2.5x increase) and rising operating profits, underscoring its strong market momentum.

- The company targets sustained profit improvements (aiming for €6.5-7 billion in operating profit this year) and is actively expanding capacity and value-added services in growth regions.

- Boeing faces headwinds from geopolitical risks and sanctions but remains a key player, especially in widebody and US/international markets.

- Russian and Eastern European manufacturers are focusing on domestic modernisation and import substitution but remain regionally focused and face significant challenges breaking into global markets.

**Innovation & Sustainability Trends**
- Sustainability is a major competitive battleground: HyPoint's $15 million investment in advanced hydrogen fuel cell R&D reflects a broader industry push toward zero-emission and high-efficiency aircraft.

- Startups and established players are racing to overcome barriers in energy storage and fuel cell technology, aiming to realize commercial hydrogen aviation, including urban air mobility.

- Airbus and other OEMs are driving aircraft recycling and life-cycle support, recognizing growing market demand for cost-efficient, environmentally responsible fleet operations.

**Strategic Moves & Future Outlook**
- Key players are investing in facility modernization and international partnerships to increase production scale, access new markets, and improve efficiency.

- The greatest long-term investment potential lies with manufacturers deeply embedded in Asia-Pacific growth, leaders in fuel efficiency and sustainability, and those expanding value-added services (recycling, lifecycle management).

**Conclusion:**
Airbus appears best positioned to capitalize on coming demand, especially due to its expansion in China and leadership in sustainability initiatives.

Boeing remains crucial but faces strategic challenges.

Asian carriers and manufacturers will shape future aircraft demand, while innovation in green technologies (hydrogen, recycling) will be critical differentiators for long-term competitiveness.

Investors should focus on these growth markets and technology leaders for aerospace sector exposure.

**Nugget Summary: Global Aircraft Demand and Aerospace Market Trends**

- **Strong Rebound in Aircraft Demand:** As global air travel recovers, aircraft manufacturers are experiencing a surge in new orders, especially for next-generation, fuel-efficient planes.

Airbus has secured major deals (notably 255 A321s at the Dubai Airshow), outperforming Boeing in recent order volumes.

- **Regional Growth Drivers:** The Middle East emerges as a strong growth region, as highlighted by large aircraft orders from Air India and Saudi Arabia.

The rebound in travel and investments from emerging markets are fuelling demand in Asia, the Middle East, and other fast-growing areas.

- **Shift Toward Narrow-Body, Fuel-Efficient Aircraft:** There is an industry-wide shift from production of large, wide-body aircraft (like the Airbus A380) toward smaller, more flexible, and fuel-efficient single-aisle models.

Airlines seek fleet versatility, cost savings, and environmental compliance.

- **Competitive Dynamics and Key Players:**
  - **Airbus:** Posted record profits (EUR 4.2 billion) and is returning dividends.

Strategically prioritizing development and sales of efficient, high-demand models (e.g., A321).

- **Boeing:** Facing challenges including order shortfalls compared to Airbus, ongoing supply chain issues, delayed 787 deliveries, and three consecutive years of annual losses.

However, Boeing remains a major force with expectations of strong cash flow and continued investment in R&D, particularly in the Middle East and cargo segments.

- **Honeywell:** Secured over $10 billion in aviation contracts, leveraging a global operational presence to address customer needs efficiently.

- **Engine Manufacturers (e.g., GE, RTX):** Focus on servicing and maintenance, with repairs and parts sales a crucial revenue driver amid supply chain bottlenecks.

- **Industry Headwinds:** Major challenges include persistent supply chain disruptions, rising costs, shortages of skilled labor and spare parts, and geopolitical factors (exclusion of Russia from markets post-Ukraine invasion).

- **Cargo and Aerospace as Growth Areas:** Cargo aircraft demand is expected to outpace global trade growth (at ~3.5% annually), while the space sector is becoming an increasingly vital component of aerospace portfolios and broader industry growth strategies.

- **Market Outlook:** The pace of air travel is projected to double by 2050.

Domestic travel is expected to recover by 2023, and international travel is forecast to return to pre-pandemic levels by 2025.

Airlines and manufacturers are adapting by optimizing fleets and pivoting toward sustainability.

- **Strategic Moves:** Major players are ramping up R&D investments, focusing on advanced technology, sustainability, and diversification (including drones and helicopters).

Dividends and shareholder returns reflect robust confidence among leaders like Airbus.

Boeing is still significant but hindered by delivery and profitability challenges.

Here are the key nuggets distilled from the provided text, highlighting the future of global aircraft demand, manufacturer positioning, and growth trends in the aerospace sector:

**1.

Title:

Content: Aircraft Leasing Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2032

The global aviation industry is experiencing unprecedented growth, fueled by increasing air travel rates and the demand for efficient aircraft. In tandem with this growth, the aircraft leasing market has emerged as a critical component of the aviation ecosystem, providing airlines with flexible leasing options to meet their fleet requirements. A recent report by Report Ocean forecasts that the aircraft leasing market size is poised to exceed USD 453.2 billion by 2026, with a robust growth rate of 6.8% during the forecast period.

Request To Download Free Sample of This Strategic Report @-https://reportocean.com/industry-verticals/sample-request?report_id=Pol8

Driving Factors Behind Market Growth

The surge in air travel rates is a primary driver propelling the demand for aircraft leasing. Airlines are opting for leasing arrangements to expand their fleets and meet the escalating demand for air travel. Aircraft leasing offers flexibility and cost-effectiveness compared to outright aircraft purchases, enabling airlines to optimize their fleet size based on fluctuating market conditions.

Aircraft leasing encompasses two primary lease types: dry lease and wet lease. In dry leasing, aircraft are leased without crew members, while wet leasing involves leasing aircraft along with trained crew, maintenance, and insurance. This flexibility allows airlines to tailor leasing agreements to their specific operational needs, further driving the adoption of aircraft leasing.

Additionally, factors such as the growth in global aviation industry, increasing regulations, demand for fuel-efficient commercial aircraft, attractive tax policies, and affordable lease rates contribute to the burgeoning aircraft leasing market. Emerging economies present significant growth opportunities for aircraft leasing, with technological advancements further enhancing the appeal of leasing options.

Regional Insights and Market Dynamics

Europe emerged as the highest revenue-generating region in the aircraft leasing industry in 2019, driven by high disposable income, advanced living standards, and the development of new aircraft. The region witnessed increasing adoption of aircraft leasing due to the operation of efficient commercial aircraft and technological advancements. However, North America is also a significant market for aircraft leasing, with well-established aviation infrastructure and a robust demand for air travel.

Get a Free Sample PDF copy of the report @-https://reportocean.com/industry-verticals/sample-request?report_id=Pol8

Asia-Pacific is poised to exhibit substantial growth in the aircraft leasing market, propelled by countries such as China, India, and Japan. Rising air traffic, economic development, and increasing demand for air travel in the region contribute to the growing adoption of aircraft leasing. Latin America, the Middle East, and Africa also present lucrative opportunities for market players, driven by factors such as infrastructure development and tourism growth.

Competitive Landscape and Key Players

The global aircraft leasing industry is characterized by the presence of both international and small to medium-sized vendors. Leading companies such as Aviation Capital Group, Boeing Capital Corporation, Air Lease Corporation, and International Lease Finance Corporation dominate the market. These companies continually innovate and collaborate with other industry players to meet the evolving needs of consumers and launch new products to stay competitive.

Segmentation and Market Outlook

The aircraft leasing market is segmented based on lease type, aircraft type, and region. Dry leasing and wet leasing represent the primary lease types, catering to the diverse needs of airlines. Aircraft types include wide-body aircraft and narrow-body aircraft, each serving specific operational requirements. Regionally, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa constitute the key market segments, offering insights into regional market dynamics and growth prospects.

Buy Now and Get a Discount of 30% @-https://reportocean.com/industry-verticals/sample-request?report_id=Pol8

Future Outlook and Conclusion

In conclusion, the global aircraft leasing market is poised for significant growth driven by increasing air travel rates, demand for fuel-efficient aircraft, and favorable market conditions. As airlines seek to optimize their fleets and enhance operational efficiency, aircraft leasing emerges as a strategic solution to meet evolving market demands. With technological advancements and infrastructure development, emerging economies present lucrative opportunities for market players. As the aviation industry continues to soar to new heights, aircraft leasing remains a vital component facilitating the expansion and modernization of airline fleets worldwide.

These responses will function a complete examination of the:

  • The markets’ present-day infrastructures
  • Market possibilities and challenges
  • Future plausible for increase in particular industries
  • Major geographic and market segments to target, and end-user goal organizations and their viable operational volumes
  • Representative and a price chain probability breakdown
  • Market dimension and boom price during the expected time frame.
  • The market’s important using forces
  • Key market traits are impeding market expansion.
  • Obstacles to market expansion.
  • Market’s pinnacle merchants.
  • Thorough SWOT analysis
  • Threats and possibilities confronted with the aid of the modern carriers in the world market.
  • Trending elements that affect the markets in the quite a number region.
  • Initiatives with a strategic center of attention on the pinnacle vendors.
  • PEST find out about of the five essential market regions.

Access Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=Pol8

(*Note: The historical years and projected period in the report are flexible and can be tailored upon request. Additionally, the scope of the published report is adjustable to meet specific requirements, and customized analyses based on particular geographies or countries can be included as part of the customization.)

About Report Ocean:

Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today’s competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

Contact Information:

Email:sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States

Telephone: +1 888 212 3539 (US – Toll-Free)

For more information and to explore their offerings, visit their website at:https://www.reportocean.com/

Strong Long-Term Growth Despite COVID-19:**
Although the pandemic severely disrupted aviation, the underlying global demand for air travel and aircraft is rebounding and expected to remain robust through 2030 and beyond.

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

Request Sample Brochure @

A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

Customize The Report According to Your Needs @

Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

Purchase Full Report @

Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

About Us:

Virtue Market Research stands at the forefront of strategic analysis, empowering businesses to navigate complex market landscapes with precision and confidence. Specializing in both syndicated and bespoke consulting services, we offer in-depth insights into the ever-evolving interplay between global demand and supply dynamics. Leveraging our expertise, businesses can identify emerging opportunities, discern critical trends, and make decisions that pave the way for future success.

Contact Us:

Virtue Market Research

Kumar Plaza, #103, SRPF Rd, Ramtekadi, Pune, Maharashtra 411013, India

E-mail:

Phone: +1-917 436 1025

MENAFN08092023004660010643ID1107033579

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Title:

Content: Intelligence Market Report

Connected Aircraft Market Size to Reach USD 6758.8 Million in 2028, at CAGR of 9.9%, Industry Share, Growth, Latest Trend, Opportunities

Connected Aircraft Market Dynamics, Industry Overview, Segmentation, Competitive Landscape and SWOT Analysis Including Key Players - Gogo, Honeywell International, Panasonic Avionics, Thales, Global Eagle Entertainment, Rockwell Collins, Zodiac Aerospace, Inmarsat, Cobham, Bae Systems, Kontron, Viasat, Digecor

London, UK -- (SBWIRE) -- 02/09/2023 -- Connected Aircraft Market report provides an in-depth analysis of the global connected aircraft market, including market size, growth drivers, trends, and opportunities. It also provides a comprehensive overview of the competitive landscape and key players in the market.

Global Connected Aircraft Market Overview
The connected aircraft market refers to the integration of information and communication technologies in aircraft to improve flight safety, passenger comfort, and operational efficiency. The connected aircraft market is rapidly growing due to the increasing demand for real-time information and communication during flights. This has resulted in a rise in the number of connected aircraft, which are equipped with advanced communication systems, sensors, and software.

Request a Free Sample of the Connected Aircraft Market Report @ https://www.intelligencemarketreport.com/report-sample/380777

Market Segmentation
The global connected aircraft market can be segmented based on type, application, and region. The Connected Aircraft Market Major Segments and Subsegments Listed Below

Segmentation by type
Inflight Connectivity
Air-to-Air Connectivity
Air-to-Ground Connectivity

Segmentation by application
Commercial
Military

This report splits the market by region
North America [United States, Canada]
Europe [Germany, France, U.K., Italy, Russia]
Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
Latin America [Mexico, Brazil, Argentina]
Middle East & Africa [Turkey, Saudi Arabia, UAE]

Market Drivers
The primary drivers of the connected aircraft market are the increasing demand for real-time information and communication during flights, the need for improved flight safety and passenger comfort, and the growing demand for advanced communication and navigation systems in aircraft. Additionally, the increasing use of connected aircraft for military purposes is expected to fuel market growth. The increasing demand for connected aircraft in emerging economies is also expected to drive market growth.

Market Challenges
One of the biggest challenges facing the connected aircraft market is the high cost of integrating these technologies in aircraft. The cost of procurement, installation, and maintenance of connected aircraft systems can be a major barrier for airlines and other operators. Additionally, the limited availability of skilled personnel to operate and maintain these systems can also pose a challenge for market growth.

Market Opportunities
The increasing demand for connected aircraft in commercial and military applications is a major opportunity for market growth. The growing demand for advanced communication and navigation systems in emerging economies is expected to provide significant growth opportunities for the market. Additionally, the increasing use of connected aircraft for maintenance and repair is also expected to drive market growth.

Inquire about the Connected Aircraft Market Report @ https://www.intelligencemarketreport.com/send-an-enquiry/380777

Market Leaders
Some of the leading players in the connected aircraft market includes
Gogo
Honeywell International
Panasonic Avionics
Thales
Global Eagle Entertainment
Rockwell Collins
Zodiac Aerospace
Inmarsat
Cobham
Bae Systems
Kontron
Viasat
Digecor

Conclusion
The global connected aircraft market is expected to grow rapidly in the coming years due to the increasing demand for real-time information and communication during flights, the need for improved flight safety and passenger comfort, and the growing demand for advanced communication and navigation systems in aircraft. The increasing demand for connected aircraft in emerging economies is also expected to drive market growth. However, the high cost of integrating these technologies in aircraft and the limited availability of skilled personnel to operate and maintain these systems can be a major challenge for the market.

Table of Content
1 Scope of the Report
2 Executive Summary
3 Global Connected Aircraft by Company
4 World Historic Review for Connected Aircraft by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Connected Aircraft by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

Direct purchase Report @ https://www.intelligencemarketreport.com/checkout/380777

Contact Us:
Akash Anand
Head of Business Development & Strategy
sales@intelligencemarketreport.com
Phone: +44 20 8144 2758

About Us: Intelligence Market Report includes a comprehensive rundown of statistical surveying reports from many distributers around the world. We brag an information base traversing basically every market classification and a much more complete assortment of statistical surveying reports under these classifications and sub-classifications. Intelligence Market Report offers premium reformist factual looking over, statistical surveying reports, investigation and gauge information for businesses and governments all throughout the planet.

Emphasis on Fuel Efficiency & Sustainability:**
Aerospace manufacturers are prioritizing R&D for eco-friendly aircraft by innovating with advanced materials, aerodynamic designs, and more efficient engines.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

This focus aligns with airline strategies to enhance operational efficiency, reduce emissions, and offer superior passenger experiences.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

Narrow-Body Aircraft Dominance:**
Narrow-body (single-aisle) aircraft remain the backbone of fleet renewal and growth, favored for domestic and regional routes.

What does Cirium Fleet Forecast predict about the market share of new aircrafts?

In the next 20 years, Airbus A320 and Boeing 737 Max will account for 50% of deliveries of 150 seat planes.

In the next 20 years, the total value of newly delivered single-aisle jets is expected be $1.6 trillion.

Airlines globally are replacing older models with newer, greener variants, propelling the narrow-body segment to an anticipated $222.2 billion valuation by 2030.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

Title:

Content: Aviation Carbon Fiber Market Set to Soar: Forecasting a $4.4 Billion Valuation by 2031

aviation-carbon-fiber-market-1675064937 (2)

Aviation Carbon Fiber Market Size, Share, Competitive Landscape and Trend Analysis Report : Global Opportunity Analysis and Industry Forecast, 2021-2031

PORTLAND, PROVINCE: OREGAON, UNITED STATES, June 6, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Aviation Carbon Fiber Market," The aviation carbon fiber market was valued at $1.5 billion in 2021, and is estimated to reach $4.4 billion by 2031, growing at a CAGR of 11.4% from 2022 to 2031.

Asia-Pacific is expected to experience significant growth during the forecast period. China, Japan, and India are expected to remain lucrative markets in terms of increase in investment and R&D by domestic and overseas players. Increasing number of deliveries of commercial as well as general aviation aircrafts, owing to the significant growth in air traffic is a key factor driving the growth of the market in Asia-Pacific region. The region is experiencing growth in global transport with significant increase in passenger transport and air cargo market.

๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/request-sample/A12804

In November 2021, Boeing, an American aircraft manufacturer, predicted that air travel within the Asia-Pacific region will account for almost half of the world's air travel by 2040, with 17,645 new aircraft worth $3.1 trillion over 20 years. The increase in demand for aircrafts from commercial, military, and general aviation segments is expected to drive the growth for aviation carbon fiber market share in the region.

The factors such as rapidly growing & booming aviation industry, expansion of aircraft fleets by airline operators and rising expenditure by government in the aviation sector are the primary factors expected to propel the growth of aviation carbon fiber market in China. China is expected to invest more than $80 billion in aviation projects to keep up with the increasing demand for air travel. Also, over the next 20 years, Chinese carriers are expected to expand their fleets by more than 1,500 aircraft, a number that represents 20% of the demand worldwide, which is expected to offer numerous growth opportunities for carbon fiber market during the forecast period.

On the basis of raw material, the global aviation carbon fiber market has been segmented into PAN-based carbon fiber and Pitch-based carbon fiber. The PAN-based carbon fiber accounted for a significant market share in 2021. PAN-based carbon fibers are made from a synthetic fiber called polyacrylonitrile (PAN). The manufacturing of PAN-based carbon fibers includes spinning of the PAN co-polymer to form the fibers. The constant advancement in the technology to develop PAN-based carbon fibers to manufacture aircraft bodies and parts is expected to drive the growth of the market. For instance, in December 2019, Solvay and SGL Carbon announced a collaboration to develop highly-competitive advanced carbon fiber composites for primary structures in the aerospace industry. Under this agreement, the companies aim to provide the market with the first composite materials based on large-tow intermediate modulus (IM) carbon fiber.

๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/aviation-carbon-fiber-market/purchase-options

There has been rise in use of carbon fiber in military aviation to provide significant weight and cost reductions. Moreover, there is an increase in the use of carbon fiber to produce military aircrafts as carbon fiber reduces around 50% of the structural weight of military aircrafts. Military aircrafts require lightweight structures to provide increased payload, improved agility, short take-off, long-range missions, and high maneuverable capabilities. The weight savings allow for a wider payload range, smaller subsystems for a given level of performance, and better fuel efficiency.

The rise in the application of carbon fiber to manufacture secondary structures, control surfaces, and wing & primary fuselage structures for military aircrafts is expected to drive the growth of the market. For instance, Eurofighter Typhoon is one of the most advanced fighter jets developed by a consortium of aerospace and defense companies from countries such as UK, Germany, Italy, and Spain. Its 40% of the structural weight is carbon fiber reinforced composite material. Moreover, the American fifth-generation fighter F/A-22 uses composite materials in fuselage, wings, and tail.

๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The outbreak of COVID-19 reduced air transport and negatively impacted the aviation industry, which significantly decreased the demand for carbon fiber. The COVID-19 pandemic severely impacted global demand for carbon fiber and its composites due to parked commercial aircrafts, domestic & international travel disruptions, and restrictions on travel activities. However, post-pandemic, strategies are being developed by governments to increase the production of locally produced carbon fiber material, supporting the growth of the market. For instance, in 2021, Hindustan Aeronautics Limited signed a memorandum of understanding with Mishra Dhatu Nigam Limited to develop and produce composite raw materials such as carbon fiber.

๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A12804

๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By raw material, the PAN-based carbon fiber segment is anticipated to exhibit significant growth in the near future.
By type, the continuous segment is anticipated to exhibit significant growth in the near future.
By end use, the military segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐๐๐๐๐ข๐ง๐  ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Mitsubishi Chemical Group Corporation, Nippon Steel Corporation, SGL Carbon, Teijin Limited, Toray Industries, Inc., Hexcel Corporation, Solvay, Hyosung, OJSC SvetlogorskKhimvolokno, and DowAksa.

David Correa
Allied Market Research
+ 18007925285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Regional Growth Drivers:**
- **Asia-Pacific:** Largest contributor to single-aisle market growth, fueled by expanding middle-class air travel.

- **Europe:** Leading in fleet modernization for efficiency and environmental standards.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

- **Latin America, Middle East & Africa:** Emerging opportunities driven by tourism and infrastructure growth, with particular attention to national strategies like Saudi Arabia’s push for a global aviation hub.

Title:

Content: BA Stock: Boeing’s Huge New 787 Deal Is A Win For This Jet Engine Maker Too

Boeing (BA) announced a huge order for 787 Dreamliners from a pair of Saudi Arabian airlines Tuesday, with General Electric (GE) set to supply engines for the new jets. Boeing stock slumped Wednesday.

X

The brand-new Riyadh Air, owned by Saudi Arabia’s sovereign wealth fund, will buy 39 jets, with options to buy 33 more, Boeing said. The national carrier Saudia will also buy 39 jets, with a further 10 options, the Dow Jones aviation giant added.

The Wall Street Journal had reported Sunday on a looming Boeing-Saudi Arabia deal. The deal includes widebody jets often used in long international flights, it added.

In total, the Saudi Arabian carriers intend to purchase up to 121 787 Dreamliner jets. The new jets will be equipped with GE engines, according to The New York Times. The transaction is the fifth largest commercial order by value in Boeing’s history, the planemaker said.

Saudi Arabia is seeking to transform into a global aviation hub.

Financial terms were not disclosed. An Al Arabiya report estimated the aircraft order was worth $37 billion at list prices.

If all 121 aircraft are purchased, the Boeing Dreamliner deal will support over one million American jobs, the White House said.

The White House added it was “pleased that Boeing was able to finally conclude these deals with Saudi Arabia after years of discussions, and intensive negotiations over recent months.”

Boeing and Airbus (EADSY) reportedly vied for the Saudi deal.

BA Stock, GE Stock

Shares of Boeing dropped 4.1% to 199.17 on the stock market today, snapping three straight days of gains. BA stock remains below the 50-day moving average after a four-day slide last week.

Airbus stock tanked 5.3% Wednesday, undercutting the 50-day line. GE stock retreated 3.8% to 87.77. Shares continue to trade near a five-year high. Management gave an upbeat long-term aviation outlook at an investor event last week.

In mid-February, Boeing agreed to sell more than 200 aircraft to Air India in a $34 billion deal, seen as one of the largest in the airplane maker’s history.

A Saudi deal with Boeing comes amid signs of easing tension between the Biden administration and the Saudi government.

YOU MAY ALSO LIKE:

These Are The 5 Best Stocks To Buy And Watch Now

Stocks To Watch: Top-Rated IPOs, Big Caps And Growth Stocks

Find The Latest Stocks Hitting Buy Zones With MarketSmith

Aircraft Leasing Market Expansion:**
Aircraft leasing is booming, forecasted to exceed $453.2 billion by 2026, as airlines seek fleet flexibility and cost-efficiency in rapidly changing demand environments.

Both dry (aircraft-only) and wet (crew-included) leasing models are seeing heightened activity.

Title:

Content:
Business Jet Market Share, Size, Trends, Segments And Forecast By 2024-32Business Jet Market

(MENAFN- IMARC Group) The latest report by IMARC Group, titled“ Business Jet Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032 “, The global business jet market size reached US$ 19.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

A business jet, also known as a private jet, is a specialized aircraft designed and manufactured for the specific needs of corporations, businesses, and affluent individuals. These jets are equipped with modern amenities, advanced technology, and luxurious interiors, ensuring a premium travel experience that emphasizes privacy, comfort, and efficiency. They offer flexibility in scheduling, enabling executives and professionals to adhere to tight schedules, attend multiple meetings in different cities within a single day, or respond rapidly to emerging opportunities or challenges. The global market for business jets caters to various industries, including finance, entertainment, government, and technology sectors. Business jets serve as a symbol of status, excellence, and innovation, reflecting the dynamism and ambition of the organization or individual that utilizes it. They also provide a secure and confidential environment for conducting business, fostering negotiations, and strengthening relationships. In recent years, there has been a growing trend toward customizing business jets to meet individual preferences and unique requirements, further adding to the allure and distinctiveness of this mode of transport.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/business-jet-market/requestsample

Business Jet Market Trends and Drivers:

The global business jet market is primarily driven by the rising demand for enhanced mobility, time efficiency, and personalized travel experiences among corporate executives and high-net-worth individuals. The continuous globalization of business and expansion of multinational corporations necessitates rapid and flexible transportation solutions, propelling market growth. Moreover, innovations in technology, design, and comfort features are attracting new customers, while the trend toward fractional ownership and leasing options is making business jet travel more accessible to a broader range of companies and individuals. Along with this, the growing awareness of the strategic advantages of business jet travel in terms of productivity, convenience, and competitive edge is fueling the market expansion. In addition, the emergence of eco-friendly business jet models, with improved fuel efficiency and reduced carbon emissions, aligns with the global push toward sustainability and responsible corporate citizenship. This, coupled with robust economic growth in emerging markets, regulatory support, and a shift toward more flexible and adaptive business practices, is supporting market growth. Furthermore, governments and regulatory bodies are increasingly facilitating the use of business jets by easing restrictions and streamlining certification processes, making it easier for companies to operate business jets. In line with this, the escalating demand for pre-owned business jets, as more companies and individuals seek cost-effective options for private air travel, is augmenting the market growth. Besides this, the incorporation of cutting-edge technologies such as advanced avionics systems, in-flight entertainment, and connectivity solutions is enhancing the appeal of business jets to tech-savvy customers and businesses looking to offer state-of-the-art travel experiences. Other factors, including the need for fast and efficient travel, the emergence of specialized services like maintenance, repair, and overhaul services, rising demand for long-range business jets, and evolving travel preferences toward private aviation, are also creating a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Light
  • Medium
  • Large

Breakup by Business Model:

  • On-Demand Service
    • Air Taxis
    • Branded Charters
    • Jet-Card Programs
  • Ownership
    • Fractional Ownership
    • Full Ownership

Breakup by Range:

  • < 3,000 NM
  • 3,000 – 5,000 NM
  • > 5000 NM

Breakup by Point of Sale:

  • OEM
  • Aftermarket

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Airbus
  • Bombardier Inc.
  • Dassault Aviation
  • Embraer S.A.
  • Gulfstream Aerospace
  • Honda Aircraft Company
  • Pilatus Aircraft
  • Piper Aircraft
  • Saab AB
  • Textron Inc.
  • The Boeing Company

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: --

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163

MENAFN06022024004122016232ID1107816948

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Manufacturer Competitive Dynamics:**
- **Boeing & Airbus:** These giants continue to battle for dominance, winning large-scale deals (e.g., Boeing’s $34B sale to Air India, competition for major Saudi orders).

- **GE Aerospace:** Benefiting as the chosen engine supplier for major new jet deals.

- **Innovation Focus:** Manufacturers are also investing in digital/connected aircraft technologies, though high integration costs and skill shortages are challenges.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Use of Advanced Materials:**
Adoption of carbon fiber, especially for military and next-gen commercial jets, is growing to achieve weight and cost reductions.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

The aviation carbon fiber market is projected to soar, crossing $4.4 billion by 2031.

Market Risks & Strategic Moves:**
Aerospace firms face risks from geopolitical events, regulation changes, and customer creditworthiness, but profitability is rebounding post-pandemic, as seen in financial upticks (e.g., FTAI Aviation's Q3 turnaround).

Title:

Content: The FTAI Aviation Ltd (FTAI) Company: A Short SWOT Analysis

Unveiling the Strengths, Weaknesses, Opportunities, and Threats of FTAI Aviation Ltd Post Q3 2023 Earnings

1 hours ago
Summary
  • FTAI Aviation Ltd (FTAI) shows strong revenue growth in Q3 2023, with total revenues of $291,096, a significant increase from $230,365 in Q3 2022.
  • FTAI's net income rebounds to $41,307 in Q3 2023, a stark contrast to the net loss of $18,929 in Q3 2022.
  • The company faces potential threats from geopolitical tensions, regulatory changes, and customer defaults.
  • FTAI's strategic focus on aviation leasing and aerospace products presents significant growth opportunities.

FTAI Aviation Ltd (FTAI, Financial), a leading aerospace company specializing in commercial jet engines and aircraft leasing, recently released its SEC 10-Q filing for the quarter ended September 30, 2023. The company's financial performance shows a promising trajectory, with total revenues for Q3 2023 reaching $291,096, a substantial increase from $230,365 in the same period in 2022. Net income also rebounded to $41,307 in Q3 2023, a stark contrast to the net loss of $18,929 in Q3 2022. This financial overview sets the stage for a comprehensive SWOT analysis, providing insights into FTAI's strengths, weaknesses, opportunities, and threats.

Strengths

Robust Revenue Growth: FTAI's strong revenue growth, as evidenced by the Q3 2023 results, underscores its financial resilience and operational efficiency. The company's diverse revenue streams, including lease income, maintenance revenue, asset sales revenue, and aerospace products revenue, contribute to its robust financial performance. This diversified revenue model reduces reliance on a single income source, enhancing financial stability.

Successful Turnaround: The rebound in net income from a loss in Q3 2022 to a profit in Q3 2023 demonstrates FTAI's successful turnaround strategy. This financial recovery indicates effective cost management and operational improvements, reinforcing investor confidence in the company's management and strategic direction.

Weaknesses

High Operating Expenses: FTAI's high operating expenses, which totaled $246,591 in Q3 2023, could potentially erode its profit margins. These expenses include costs of sales, general and administrative expenses, and interest expense, among others. Managing these costs effectively is crucial for FTAI to maintain profitability and financial health.

Dependence on Lease Income: While FTAI's diversified revenue model is a strength, its significant dependence on lease income, which accounted for $45,622 of its total revenues in Q3 2023, could be a potential weakness. Any downturn in the leasing market or defaults by lessees could adversely impact FTAI's financial performance.

Opportunities

Growing Aviation Market: The global aviation market is expected to grow significantly in the coming years, driven by increasing air travel demand. This presents a significant opportunity for FTAI to expand its leasing business and increase its market share.

Aerospace Products Development: FTAI's focus on developing and manufacturing aerospace products offers substantial growth opportunities. Innovations in this area could open new revenue streams and enhance the company's competitive positioning.

Threats

Geopolitical Tensions: The ongoing geopolitical tensions, such as the Russia-Ukraine conflict, could pose a threat to FTAI's operations. These tensions could disrupt the global aviation market, affecting FTAI's leasing business and overall financial performance.

Regulatory Changes: FTAI operates in a highly regulated industry, and any changes in aviation regulations could impact its business operations. For instance, new regulations proposed by the FAA or equivalent regulatory agencies in other countries could increase FTAI's compliance costs, potentially affecting its profitability.

In conclusion, FTAI Aviation Ltd (FTAI, Financial) demonstrates strong financial performance and strategic focus on aviation leasing and aerospace products. However, the company needs to manage its operating expenses effectively and mitigate potential threats from geopolitical tensions and regulatory changes to sustain its growth trajectory.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Rating:
0 / 5 (0 votes)

**Summary Outlook:**
The aerospace sector is set for a new wave of competition and growth.

Next-decade winners are likely those investing in high-efficiency, eco-friendly platforms (especially in the single-aisle segment), forging key deals in high-growth regions (Asia-Pacific, Saudi Arabia, India), and advancing leasing and digital aircraft solutions.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

Boeing, Airbus, and suppliers like GE are best positioned, though new entrants in advanced materials also stand to benefit.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

**Investor Implication:**
Long-term investment prospects are strongest for manufacturers leading in sustainable aircraft innovation, with solid exposure to Asia and the Middle East, and partnerships in fleet leasing and next-gen materials.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

Here are the key summarized nuggets from the provided extracts, focusing on global aircraft demand trends, manufacturer positioning, regional dynamics, and industry innovation:

**Global Demand & Market Rebound**
- The global civil aviation sector is rebounding strongly, with IATA forecasting 4.35 billion air passengers in 2023—almost matching pre-pandemic levels (4.54 billion in 2019).

Title:

Content: News iz
6,745 followers
Soft is good
Import substitution in aviation attracts a lot of attention, but mainly in the production of aircraft.
But aviation is also a multi-billion dollar market for IT solutions.
Back to article
Comments
Show previous comments
Picture of the day
top

- Industry net profits are set to reach $9.8 billion in 2023, more than double earlier projections, driven by pent-up traveler demand.

Title:

Content: Civil aviation in the world is recovering: IATA has twice improved the forecast
Monday, 5 June 2023, 13: 09 -
The International Air Transport Association (IATA) has doubled its 2023 aviation profit forecast from $4.7 billion to $9.8 billion.
This was reported by the press service of the association.
The aviation industry ’ s net profit is expected to reach $9.8 billion in 2023, more than double the previous December forecast of $4.7 billion.
Total industry revenues will grow by 9.7% year-on-year to $803 billion.
This is the first time since 2019 ($838 billion), when industry revenues will exceed the $800 billion mark.
Passenger traffic is also recovering - about 4.35 billion people will travel by air this year, which is approaching 4.54 billion in 2019.
But the volume of cargo transportation is expected at the level of 57.8 million tons - below 61.5 million tons transported in 2019, which is due to a sharp slowdown in international trade.
“Several positive developments contribute to the growth of profitability.
China lifted the restrictions because of COVID-19 sooner than expected.
Freight revenues remain above pre-pandemic levels, although volumes have not increased.
In terms of costs, there is some relief.
Prices for aviation fuel, although they remain high, fell in the first half of the year, "explains IATA CEO Willy Walsh.
At the same time, the economic and geopolitical environment creates several risks for the forecast.
First of all, different countries are struggling with inflation at different rates.
Earlier or lower completion of central bank interest rate hikes could spur markets to a better year-end outlook.
But the risk of recession remains.
If a recession leads to job losses, the outlook for the industry could worsen.
VIDEO OF THE DAY
Supply chain problems continue to affect global trade and business.
Airlines have been directly affected by supply chain disruptions in aircraft parts that aircraft and engine manufacturers have failed to address.
This negatively affects the supply of new aircraft and the ability of airlines to service and deploy an existing fleet.

- However, air cargo remains below 2019 levels due to slowed international trade, highlighting differing recovery rates across segments.

**Regional Growth Drivers**
- Asia, especially China and India, are leading demand growth for aircraft deliveries.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

These markets are central in driving future fleet expansion and modernization.

Title:

Content: At UAPO will be the production of high-tech products for aircraft
January 26, 2013 12: 20
The Ufa Aggregate Production Association (UAPO), which is part of the Aviation Equipment Concern of Rostec State Corporation, will receive a new life.
The production of aircraft power supply systems will be transferred from Moscow to Ufa, and the plant itself will be repurposed.
According to the general director of the concern Maxim Kuzyuk, also at UAPO will be launched the modernization of production capacities.
It is planned that in the next three years, several dozen innovative products will be produced here.
Power supply systems will be installed on aircraft and helicopters of all types.
- The strategy of our holding includes increasing the competitiveness of our products, - said Mr. Kuzyuk to the head of Bashkiria Rustem Khamitov at a working meeting last Friday. - Our future depends on whether we get into any project or not.
The Superjet story shows that disparate businesses don ’ t get caught.
Accordingly, the priority is the development of integrated aviation systems, which are required by our customers - helicopters and aircraft manufacturers.
Another priority for the development of production Maxim Kuzyuk considers the efficiency of production.
- Now everything is on a competitive basis, even foreigners are allowed with some units for military equipment, that is, we must compete at the global level, - he said. - In the future, it is necessary to go to other volumes, with access to international markets.
If it is not Boeing or Airbus, then there are other projects.
To increase our competitiveness and efficiency, we work in several global directions.
The first is the creation of an integrated system, increasing our developments and competencies.
The second is to increase the efficiency of our enterprises, which consists of two parts: reducing overhead costs due to greater workload, reducing space and modernizing.
Mr. Kuzyuk claims that the concern has already “launched a whole program to transfer to Ufa the production of products that are manufactured in Moscow. ”
- That is, there will be an increase in production volumes at the same facilities, - he assured the President of the Republic of Belarus. - Also, to get into the federal target program, we plan to modernize production in Ufa, not in Moscow, and we will develop and strengthen our competencies at Moscow sites.
Rustem Khamitov said that he visited almost all Ufa enterprises, which include the concern "Aviation equipment".
- I understand what they're releasing.
I myself know aviation equipment well, - he said. - The state in which they are now, of course, does not suit us.
There are small volumes of production, the production of 500-600 thousand rubles per person.
It's nothing.
Enterprises occupy huge territories, the property is used inefficiently.
We are open and ready to discuss any options that you offer us.
We, like you, if not more interested in these enterprises to develop, increase production.
We are ready to offer any help we can.
We could also think about joint programs for the development or production of a number of new products.
We are ready to lay our shoulders and hide together with you in this great work.
After the meeting with Mr. Khamitov, the head of the concern “Aviation equipment ” explained to journalists that with the government of the Republic of Belarus there are agreements on several international projects.
- There are international companies that are ready to consider possible cooperation in the field of localization of production of complex products in Russia, - says Maxim Kuzyuk. - We agreed with Rustem Khamitov that we will try to organize a meeting with one of these enterprises here.
The President of the Republic of Belarus supported us, said that he would provide comprehensive support. Why?
Because he also sees the potential of the republic and Ufa in the development of high technologies.

- Airbus is investing heavily in China, launching its first global aircraft recycling project and building the Full Life Cycle Service Center (ALSC) in Chengdu, aligning with China's ambitions to develop its aviation industry.

Title:

Content: China 2024-02-09T15: 58: 01 + 02: 00
Ukrainian News
Airbus Launches Its First Global Aircraft Recycling Project in Southwest China
Airbus Launches Its First Global Aircraft Recycling Project in Southwest China
The building of the Airbus Full Life Cycle Service Center (ALSC) in Chengdu, Sichuan Province in southwest China.
Photo by Xinhua.
HELP UKRAINIAN NEWS
Airbus has launched its first global aircraft recycling project called the Airbus Full Life Cycle Service Centre (ALSC) in Chengdu, a major aviation hub in southwest China.
This was reported by the Xinhua News Agency.
With an area of more than 60 hectares, ALSC is able to serve a wide range of major aircraft types and provide global sales channels for resale of reusable parts from decommissioned aircraft.
The total investment in this project is ¥6 billion (about $844.55 million).
It aims to increase the level of recycling of aviation components and materials, thereby ensuring more than 90 percent eco-friendly recycling of aircraft by weight.
“The opening of ALSC will mark a new stage in deepening cooperation between China and Europe, ” said George Xu, Executive Vice President of Airbus and CEO of Airbus China.
The hangar of the Full Life Cycle Service Center (ALSC) in Chengdu, Sichuan Province in southwest China.
Photo by Xinhua.
The city of Chengdu is committed to the rapid development of its aviation industry.
According to Sichuan Province Airport Group Co., Ltd, in 2023, the volume of passenger traffic of the two international airports of the city amounted to more than 74.92 million people, and the total volume of cargo and mail turnover reached 771 thousand tons.
By 2042, China will become the world's largest market for aviation services, and its market value will grow to $54.1 billion, Airbus China predicted in December 2023.
Subscribe to the Telegram-channel "Ukrainian News"
We explain the events in Ukraine as briefly and clearly as possible
NEWS
ok

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

- Sanctions on Russian aviation have led Boeing to predict declining demand from the region, potentially shifting focus to other lucrative markets.

Title:

Content: Boeing predicted a decline in demand for aircraft amid sanctions against Russian aviation
Boeing has downgraded its outlook for aircraft deliveries over the next 20 years and predicted an overall decline in economic activity and demand for new aircraft around the world.
Back to article
Picture of the day
top

**Manufacturer Positioning & Competition**
- Airbus is experiencing record order book growth (2.5x increase) and rising operating profits, underscoring its strong market momentum.

Title:

Content: The number of orders for Airbus in the world increased by 2.5 times
Last year, the number of aircraft orders from the European aerospace corporation Airbus increased by 155 percent, to 2,094 aircraft.
Operating profit from core activities increased by four percent, to 5.8 billion euros, and this year the group expects to bring it to 6.5-7 billion euros.
Last year, the number of aircraft orders from the European aerospace corporation Airbus increased by 155 percent in the world, to 2,094 aircraft.
This was reported in the financial statements for the fourth quarter.
Revenues for the quarter increased by 11 percent, to 22.9 billion euros, and for the year - by the same 11 percent, to 65.5 billion euros.
Net income fell 13 percent and 11 percent ($1.5 billion and $3.8 billion), respectively, but this result is due to write-offs in the spacecraft manufacturing units.
Operating profit from core activities increased by four percent, to 5.8 billion euros, and this year the group expects to bring it to 6.5-7 billion euros.
In total, the company delivered 735 aircraft, which is 11 percent more than in 2022.
As a result, Airbus for the fifth time in a row surpassed its main competitor, the American corporation Boeing, which has 528 aircraft and a net loss of $2.2 billion.
Earlier, Russian President Vladimir Putin called for the faster start of production of new domestic aircraft, pointing out that the country is one of the few in the world who has the capacity to create aviation equipment.
As of February 2024, none of the new aircraft that are included in the program for the development of civil aviation until 2030 has not yet made the first flight in the configuration in which its mass production is expected.

- The company targets sustained profit improvements (aiming for €6.5-7 billion in operating profit this year) and is actively expanding capacity and value-added services in growth regions.

- Boeing faces headwinds from geopolitical risks and sanctions but remains a key player, especially in widebody and US/international markets.

Title:

Content: News iz
6,745 followers
Soft is good
Import substitution in aviation attracts a lot of attention, but mainly in the production of aircraft.
But aviation is also a multi-billion dollar market for IT solutions.
Back to article
Comments
Show previous comments
Picture of the day
top

- Russian and Eastern European manufacturers are focusing on domestic modernisation and import substitution but remain regionally focused and face significant challenges breaking into global markets.

**Innovation & Sustainability Trends**
- Sustainability is a major competitive battleground: HyPoint's $15 million investment in advanced hydrogen fuel cell R&D reflects a broader industry push toward zero-emission and high-efficiency aircraft.

Title:

Content: NEWS
HyPoint invests $15 million in R & D and manufacturing center
NEWS
Ekaterina Alipova
Weekend editor RB.RU
Ekaterina Alipova
California-based developer of hydrogen fuel cell systems for air transport with Russian roots HyPoint has launched a research and production site at Discovery Park in the UK.
HyPoint plans to invest $15 million in the development of the center.
HyPoint invests $15 million in R & D and manufacturing center
Since its launch, the startup has attracted $9.8 million from several investors, one of which was the club of venture investors AngelsDeck, according to representatives of the company.
The main problem for air transport manufacturers is the limited capacity and energy storage in hydrogen fuel cells.
This is trying to fight the startup for the production of innovative high-tech fuel cells for air taxis and air transport HyPoint.
In March 2021, it unveiled the first operational prototype of its turbocharged and air-cooled hydrogen fuel cell system, which will allow for longer flights.
According to Bloomberg, the specific power of this system is three times higher than the standard ones.
“At the new research center in Discovery Park, we will continue to refine our solution.
We are investing $15 million in the launch, and by 2025 we plan to hire more than 100 employees who will work with more than 100 megawatts of production capacity, ” explained the opening of the new research and production site Alexey Ivanenko, CEO and co-founder of HyPoint.
According to Simpleflying, the volume of the hydrogen aviation market by 2030 will be more than $27 billion, and by 2040 it will increase more than six times.
This evidence of the active growth of the market and the manufacturability of the HyPoint solution attracted the attention of investors.
In 2020, the club of venture investors AngelsDeck twice invested in the startup ($350 thousand in August and December).
“In order to successfully scout startups in a complex deeptech market and compete with majors for high-quality deals, it is necessary to invest at an earlier stage than eminent VC, which means taking more risk, ” said Dmitry Mikhailov, partner of Tidal Wave and transaction syndicator at AngelsDeck.
To do this, he said, we need to understand the technology deeper than the funds: “We saw that the use of high-temperature HTPM membrane in combination with air cooling instead of liquid in a hydrogen fuel cell opens the way for hydrogen aviation – urban air mobility.
We are delighted that we were able to bring this deal to AngelsDeck and convinced the club members by sharing our expertise. ”
New service: learn how to pay the bill and tips on the QR code
Investors have no doubt that in the near future all aircraft manufacturers will switch to more environmentally friendly types of energy, and the market for hydrogen aviation will grow significantly.
AngelsDeck welcomes the opening of a new research center that will allow the startup to scale the solution from prototype to mass production and “bring the beginning of the era of aviation on environmentally friendly fuels, ” said Igor Kaloshin, CEO and founder of the club of venture investors AngelsDeck.
By the way, if your startup, like HyPoint, also belongs to alternative energy, you may be interested in participating in Speed Dating, which RB.ru will hold on March 15 together with the Agroholding STEP with the support of AFK Sistema.
The best projects will be able to pitch their developments to ten investors interested in AltEnergy.
Applications are accepted until March 7!
Subscribe to our TG channel to be aware of all news and events!
Photo credit: Sam Deng / Unsplash
Did you find a typo?
Select text and press Ctrl + Enter
Materials on the topic
1.
Swedish company Jetson will begin deliveries of manned racing multicopters in 2022
2.
2 How I set up a business in the helicopter industry
3.
“Many customers simply do not give the right to make a mistake. ”
Business aviation cases
4.
The Ministry of Transport named the two cheapest airlines in Russia
5.
10 airlines that offer the best seats in business class
AgroCode Hub
Latest news, current events and networking in the AgroTech community — AgroCode Hub
Join us!
OPPORTUNITIES
February 17, 2022
February 18, 2022
February 20, 2022

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

- Startups and established players are racing to overcome barriers in energy storage and fuel cell technology, aiming to realize commercial hydrogen aviation, including urban air mobility.

- Airbus and other OEMs are driving aircraft recycling and life-cycle support, recognizing growing market demand for cost-efficient, environmentally responsible fleet operations.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

**Strategic Moves & Future Outlook**
- Key players are investing in facility modernization and international partnerships to increase production scale, access new markets, and improve efficiency.

- The greatest long-term investment potential lies with manufacturers deeply embedded in Asia-Pacific growth, leaders in fuel efficiency and sustainability, and those expanding value-added services (recycling, lifecycle management).

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

**Conclusion:**
Airbus appears best positioned to capitalize on coming demand, especially due to its expansion in China and leadership in sustainability initiatives.

What happened to the market shares between Boeing and Airbus after the Covid-19 crisis?

Airbus announced order intent for 408 new aircraft, while Boeing has secured contracts for 78 aircraft.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

Boeing remains crucial but faces strategic challenges.

Asian carriers and manufacturers will shape future aircraft demand, while innovation in green technologies (hydrogen, recycling) will be critical differentiators for long-term competitiveness.

Title:

Content: News iz
6,745 followers
Soft is good
Import substitution in aviation attracts a lot of attention, but mainly in the production of aircraft.
But aviation is also a multi-billion dollar market for IT solutions.
Back to article
Comments
Show previous comments
Picture of the day
top

Investors should focus on these growth markets and technology leaders for aerospace sector exposure.

**Nugget Summary: Global Aircraft Demand and Aerospace Market Trends**

- **Strong Rebound in Aircraft Demand:** As global air travel recovers, aircraft manufacturers are experiencing a surge in new orders, especially for next-generation, fuel-efficient planes.

Title:

Content: Orders for Airbus are superior to Boeing.
T + T - normal size
The first major air transport exhibition, since the beginning of the spread of the coronavirus in Dubai, showed a great disparity in terms of trade performance between the European Airbus and the American Boeing as the sector emerges from the crisis that hit it for months.
As with every high-level international gathering in the sector, attention has focused on the two major aircraft manufacturers, who are scrambling to attract orders, but competition in Dubai has not been very intense, as Airbus appeared to have overcome the COVID-19 crisis with orders and agreements announcing intentions to sell 408 new aircraft, surpassing orders from the Paris exhibition in 2019, in exchange for contracts to sell 78 Boeing aircraft. G ".
The European manufacturer has hit hard since the first day of the Dubai show on Sunday with a firm order for 255 single-aisle A-321s, a plane whose range and capacity offer passengers flexibility that increases its appeal to airlines.
Airbus president Guillaume Fawry in Dubai said: “The prospects are beginning to blossom.
Airlines are also starting to look further ahead and prepare for the post-crisis period. ”
While global travel, still at half its 2019 level, is expected to recover between 2023 and 2025, demand for new aircraft should rise in the next 20 years, according to aircraft manufacturers.
Airbus expects to sell 39,000 planes and Boeing 43,000 to cope with the increase in travel and get planes that consume less fuel and thus emit less carbon dioxide.
The U.S. aircraft maker appeared conservatively at the show, announcing in a statement a major order for 72 single-aisle 737-MAX aircraft for India ’ s newly established Akasa Air.
The 737 Max crashes, 787 production problems and delays in the adoption of the future 777X wide-body aircraft caused the company to stumble.
Boeing Commercial Director Ehsan Munir told reporters that “safety and quality will be the guiding principles of everything we do. ”
The company showed at the exhibition the 777X aircraft for the first time outside the United States, in an indication of the near licensing, especially as the Dubai-based Emirates airline alone accounts for a third of the orders on the expected aircraft, but « Boeing » did not announce the start of the process of manufacturing a cargo version of the aircraft, as was hoped in Dubai, noting that this will be « soon ».
Airbus CEO Guillaume Fawry said the range of orders the company received at the Dubai Airshow this week had boosted its hopes of increasing production.
Airbus received 265 confirmed orders at the Dubai show, narrowing the gap with Boeing, which has topped sales this year as its 737 MAX emerges from a safety crisis.
A further 139 temporary orders raised Airbus ’ Dubai tally to more than 400 aircraft, while Boeing picked up firm orders for 72 MAX jets.
Airbus has agreed to increase production to 65 single-aisle aircraft per month by 2023 from an average of 45 scheduled for this quarter.
In addition, Airbus has asked suppliers to consider production rates of 70 aircraft by early 2024 and 75 by 2025, but has not yet made a decision.
Some suppliers have criticized the plans, expressing concern that recovery from the coronavirus epidemic remains incomplete.
Fawry told Reuters in an interview this week: “We are in the process of evaluating the application.
What happened (in Dubai) is important, because it gives, along with expectations and other upcoming deals, evidence that the demand we see for 70 / 75 will continue for many years. ”
The view of demand based on orders received by Airbus and its own assumptions based on conversations with airlines is in line with the picture provided by the new Airbus market outlook published at the show.
Airbus deliveries have fallen in the past three months, partly due to supply chain disruptions.
Print Email

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Airbus has secured major deals (notably 255 A321s at the Dubai Airshow), outperforming Boeing in recent order volumes.

What happened to the market shares between Boeing and Airbus after the Covid-19 crisis?

Airbus announced order intent for 408 new aircraft, while Boeing has secured contracts for 78 aircraft.

- **Regional Growth Drivers:** The Middle East emerges as a strong growth region, as highlighted by large aircraft orders from Air India and Saudi Arabia.

Title:

Content: Private.
Boeing chief: Saudi Arabia orders 121 aircraft
The total value of the aircraft was $35 billion.
Posted in: Last Updated:
Reading mode
100% font size
Dr. Brendan Nelson, CEO of Boeing International, said that Saudi Arabia is an important customer for us and a partner of Boeing International, and we are fully committed to supporting it in achieving its ambitious Vision 2030 in the aviation field.
Dr. Brendan Nelson said in an exclusive interview with Al Arabiya.
The Kingdom ’ s main focus for the aircraft it orders is wide-body aircraft, i.e. larger, twin-aisle aircraft such as the 777 and 787.
Advertising material
"The new Riyadh Air has ordered 72 different 787 aircraft, while Saudi Airlines has also ordered 39 787 aircraft, in addition to other options of up to 10 additional aircraft, bringing the total number of aircraft from Saudi Arabia to 121, with a total value of about $35 billion, and we will work to deliver these aircraft on time, overcoming our supply challenges," he said.
"We are now competing with another company to win the Saudi contract to provide 737 slim hull aircraft to Saudi airlines," he said, noting that negotiations on that contract are ongoing so far and are confidential, and we are confident of achieving this because of the reliability of our exceptional aircraft and the appropriate prices we offer to the Kingdom.
“Delivering and delivering the aircraft ordered by Saudi companies on time is very important to us, but we do not seek rapid production at the expense of quality or safety, we are keen to ensure that supply chains match the requirements of delivering the aircraft to Saudi companies, ” he said.
Boeing ’ s outlook for the Middle East
“Our forecast for the Middle East for the next 20 years is that the region will need 3,000 new aircraft, and if we think about it, 8 hours of air travel from any of the major airports in the Middle East will cover 80% of the world ’ s population and 70% of the future economic growth areas in the next 20 years, ” he said.
“With economic growth estimated at 2.7 per cent per annum for the next decade in the Gulf region, air travel will increase by 4 per cent per annum, making the Middle East a very important global customer for Boeing. ”
Chinese Aircraft Manufacturing Company
As for the Chinese aircraft manufacturer, he said, "China is a great power and has re-emerged with a very strong economy, with a population of 1.4 billion people.
We support China ’ s development and construction of its own aircraft, the Comac C919 is a good and safe aircraft in our opinion, and perhaps by 2050 they control 10% of the market.
"But when we think about how big the aviation market is, it means there's extra business for everyone, whether it's Boeing or Comac, and certainly our main competitor."
“Boeing has experienced significant challenges in recent years in terms of accidents as well as the global pandemic, but our current situation is very strong as demand for commercial aviation in particular has risen to record levels as airlines revamp their fleets and the geopolitical environment has significantly increased global investment in defence, ” he said.
US $100 billion
“We expect our profits for 2025 and 2026 to be close to $100 billion, we expect 10% operating profit, and a free cash flow in 2025 and 2026 of about $10 billion, of which we will invest $3 billion in research and development. ”
“We are doing everything we can to decarbonise our industry and industry to achieve sustainable aviation, with aviation accounting for 2.6% of global heating emissions and nearly 12% of transport. ”
We are introducing sustainable aviation fuel as well as electricity, hydrogen and new technologies that improve the efficiency of aircraft performance and the way airlines operate their aircraft, and introducing new technology that helps to completely eliminate carbon emissions.
One of the key technologies is Weske, the urban self-driving vehicle, and we are in the advanced stages of developing the aircraft that will feature the same safety standards as commercial aircraft, and are working with regulators around the world to obtain certification.
We are also working with the US Space Agency to develop aircraft wings that enable them to fly at near the speed of sound along with engine technology from engine manufacturers, which we are confident will result in high air travel efficiency, significant reduction in carbon emissions, and lower fuel consumption, and will launch this aircraft in mid-2030.
And besides, we have a lot of covert military capability work with the Pentagon.
The overall challenges are decarbonising the aviation industry, which is a top priority for Boeing, and there are supply chain challenges that we expect to continue through 2023 and 2024.
To reduce supply chain challenges, we invest our resources to work with our suppliers, replicate supply chains in some regions in response to the geopolitical consequences of Russia ’ s invasion of Ukraine, and introduce new technology to improve supply chain efficiency.
The other challenge we face in general is the labor market. After we emerged from the pandemic, we started to see very tight labor markets in many parts of the world. Recruiting the people we need to meet our customers ’ requirements is a challenge. We are undoubtedly operating in a very complex environment with a major energy transition. In some parts of the world, we face a significant increase in energy prices. A truly global company.
In order to achieve this, we are developing engineering capabilities outside the United States, investing in engineering centers, 17 of which we have around the world now, as well as research and technology centers, as well as contributing to investment in countries with large markets and localizing our business in those countries.
These are some of the challenges we face.
Most Read Common Topics

The rebound in travel and investments from emerging markets are fuelling demand in Asia, the Middle East, and other fast-growing areas.

Title:

Content: North Charleston, South Carolina assembly plant owned by Boeing (AFP)
Boeing expects to double the number of commercial aircraft in the next 20 years
Boeing expects to double the number of commercial aircraft worldwide in the next 20 years, according to estimates published by the company on Sunday, slightly higher than the expectations of its rival Airbus.
The company expects the number of aircraft in service to reach 48,575 aircraft in 2042 compared to 24,500 last year, which will necessitate the production of 42,595 aircraft, half of which will be dedicated to the replacement of the fleet currently used, and the other half to ensure the growth of the sector.
After the Coronavirus crisis, we move from a recovery phase to restoring the foundations of the airline industry
Boeing Commercial Marketing Officer Darren Halst
Twenty-three percent of the new aircraft will go to North America, 22 percent to Asia Pacific, 21 percent to Eurasia, and 20 percent to China alone.
Boeing said the demand for cargo planes would remain strong at 3.5 per cent a year, outpacing the increase in global trade, estimated by Boeing at 3 per cent a year over 20 years.
The forecast, released on the eve of the opening of the Le Bourget International Air Show on the outskirts of Paris, is close to figures published by Boeing last year, which estimated the number of aircraft in 2041 to be 47,080.
Airbus expects the world will need 40,850 new passenger and cargo aircraft by 2042, raising the global fleet to 46,560 from 22,880 in early 2020.
Darren Halst, Boeing ’ s commercial marketing officer, said: “After emerging from the coronavirus crisis, which has heavily impacted demand, we are moving from a recovery phase to restoring the foundations of the airline industry for 60 years. ”
Fixing a digital flaw in the systems of some Boeing aircraft
He pointed in particular to the link between travel and global GDP growth, which will reach 2.6% a year, representing a 70% increase over two decades, which will increase the size of the middle class by 500 million people who are more likely to travel by air.
Boeing also believes that low-cost companies will continue to grow in the next 20 years and "more than double in size," though the pace will be weaker than in the past two decades, when its fleet grew six-fold.
Most Read
No stories found.
Erm News
www.eremnews.com

- **Shift Toward Narrow-Body, Fuel-Efficient Aircraft:** There is an industry-wide shift from production of large, wide-body aircraft (like the Airbus A380) toward smaller, more flexible, and fuel-efficient single-aisle models.

Title:

Content: Boeing cuts its forecast for commercial aircraft demand
Despite widespread concerns, demand for cargo planes remains strong
Ayman Azzam
8: 47 PM, Sunday, 17 Jul 22
Boeing has cut its forecast for commercial aircraft demand for the coming decades as deliveries are weighed down by the prospect of slowing global economic growth and uncertainty about Russia.
In its latest long-term market estimate, Boeing expects manufacturers to deliver about 41,170 new aircraft to customers through 2041.
This is a slower pace than forecast a year ago, when the company estimated 43,610 deliveries over a 20-year period to 2040 (a 5.5% decline).
Boeing also cut its forecast for annual passenger traffic growth over the next 20 years from 4% to 3.8%.
The discounted outlook sheds light on how geopolitical and economic disruptions are permanently affecting the commercial aviation industry.
Boeing ’ s rival Airbus similarly lowered its forecast for travel demand for the next two decades, citing rising energy costs as a key factor behind the decline.
Reduced demand for new aircraft
Darren Holst, Boeing ’ s vice president of commercial marketing, said his company also expects lower global economic growth until 2041 than last year ’ s forecast, which also translates into lower demand for new aircraft.
The latest forecast by the U.S. planemaker rules out any possible future deliveries to buyers from Russia, which has already been excluded from the global aviation market due to sweeping sanctions imposed by the United States and other countries following its invasion of Ukraine.
Boeing predicted last year that Russian customers would make up about 1,500 aircraft sales over the next two decades.
Holst told reporters before issuing the forecast: “Russia is not a viable market for us. ”
Demand for commercial aircraft
Despite widespread concerns, demand for cargo aircraft remains strong, with the global fleet expected to grow to 3,610 aircraft in 2041, from 2010 aircraft in 2019.
Sales of new aircraft are expected to be strong over the next decade, as airlines strengthen their fleets to meet the burgeoning demand for air travel after the coronavirus pandemic.
Based on this estimate, Boeing estimates that airlines will need 19,575 new aircraft by 2031, compared to 19,330 by 2030 as projected last year.
Holst said: “There is a huge amount of airport runways waiting for the travel industry to return to normal levels. ”

What does Cirium Fleet Forecast predict about the market share of new aircrafts?

In the next 20 years, Airbus A320 and Boeing 737 Max will account for 50% of deliveries of 150 seat planes.

In the next 20 years, the total value of newly delivered single-aisle jets is expected be $1.6 trillion.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Airlines seek fleet versatility, cost savings, and environmental compliance.

Title:

Content: Sunday, 05 November 2023 06: 30 GMT
An industry worth $110 billion to keep flying
(MENAFN- Al-Bayan)
Airlines, large and small, have struggled to cope with the return of demand after the pandemic.
But their hardships have brought benefits to a $110 billion industry that keeps planes in the sky.
Shortages of new aircraft, caused by supply chain problems and a jump in labor costs, have led airlines to spend more on maintenance and repair work than ever before, while keeping them on their already in-flight planes for longer.
Eric Mendelsohn, co-president of Florida-based HECO, one of the world ’ s leading independent suppliers of spare parts, said: “The maintenance market is incredibly strong, and I ’ ve been at HECO for 34 years and I ’ ve never seen a demand environment like the one we ’ re seeing today. ”
Shortages of labor and raw materials have hampered major manufacturers such as Airbus and Boeing and delayed plans to meet demand for new aircraft, while problems with some engines have exacerbated supply chain challenges.
Kevin Michaels, director of Michigan-based consulting firm Aerodynamic Advisory, said maintenance spending has historically been between 8% and 10% of the airline's cost structure.
For this year, Michaels cited his estimate that global airlines will spend more than $110 billion on maintenance, including labor and materials, or an estimated 14 percent of their total revenue, calling it “the highest it has ever seen. ”
Michaels highlighted three factors driving increased spending: airlines are investing in maintenance that was postponed during the pandemic, and there are also aircraft that should have been retired but continue to fly longer than expected given issues related to newer generations of engines and supply chain constraints. Spare parts.
While the bulk of the supply chain crisis was related to manufacturing, Michaels said, “This is the first time we have faced a supply chain crisis that is actually affecting after-sales services, whether in maintenance, repair or refurbishment. ”
Airlines, already struggling with rising fuel and labor costs, have been forced to keep increasing their spending.
Sheila Kaioglu, an analyst at Jefferies, said in a note that Delta Airlines, United Airlines and American Airlines combined spent about $2.2 billion on maintenance in the third quarter, an increase of 45% compared to the same period in 2019.
Monitoring the spending of the three companies over a 12-month period indicates a 38% increase above 2019 levels.
Speaking about costs when the company announced its profits, Mike Leskinen, the new chief financial officer of United Airlines, pointed to the "increased need for spare parts" when repairing aircraft and engines.
“Part of that is related to the supply chain, and it ’ s hard to predict when this problem will end. ”
Judson Rollins, senior adviser at Leham Aviation News and Consulting, said labor shortages and supply chain bottlenecks were hurting the maintenance industry, driving up service prices.
“Any provider of maintenance, repair or renovation services can now pass annual increases of between 15% and 50%, ” Rollins said.
So what are the airlines going to do?
Note that the other service provider does not have more capacity than the current provider.)
Original equipment manufacturers dominate the maintenance and refurbishment market.
Airbus and Boeing, and engine manufacturers such as Rolls-Royce, Safran, Pratt & Whitney and General Electric, provide these services and sell spare parts.
Engine manufacturers make the bulk of their profits by servicing the engines they built rather than from the original sale, and they run a large global network of repair shops.
There are also large market participants, including service operators that are linked to airlines but generate more of their profits by serving other airlines, such as market leader Lufthansa Technik.
Lufthansa is looking to sell a stake in its maintenance subsidiary.
There are also independent senior specialists, such as the Illinois based AAR.
Heiko is among those who make the same products and ingredients as the original ones, but they are less expensive and similar than generic drugs.
Historically, airlines have resisted replacement parts, but Hiko sends thousands of components a day from its distribution centers around the world.
Eric Mendelsohn, co-president of HECO, said airlines “benefited from the availability of an alternative source of supply, through the availability of spare parts, quality and price. ”
Heiko, which is moving ahead with the purchase of rival Wincor for more than $2 billion, said it recorded record sales of $722.9 million in the third quarter ended July 31, while operating income jumped 16 percent to $149.4 million.
GE said it sold parts worth $42.4 million a day in the third quarter, up 44 percent from the same period last year.
The company told analysts that “in light of the high demand for aftermarket services and deliveries of new engines, the company needed to do more as our suppliers do. ”
France ’ s Safran raised its forecast for civilian aftersales after a similarly strong quarter.
On the other hand, the engine segment of the market remains particularly constrained.
Pratt & Whitney said in July that more than 1,000 of its jet engines needed to be inspected earlier than expected after manufacturing defects emerged.
Pratt & Whitney owner RTX has warned that additional inspection and possible engine replacements result in additional work on the maintenance, repair and overhaul network, and is already under pressure due to material acquisition issues.
“It ’ s a difficult time for customers, and there will be a large number of planes on the ground, and we have to speed up the maintenance and repair output, but the important part of all of this is the available energy and the flow of materials, ” RTX told analysts.
There are suspected sales of forged parts, affecting only a fraction of the older engines sold by CFM, a joint venture between General Electric and Safran, which has added to the challenges facing engine manufacturers.
Adel Soleimani, Director of Aftersales Consulting and Valuation at ABA Group, highlighted industry experts ’ expectations that conditions in the maintenance market will remain constrained for some time, pointing out that labor shortages and lack of spare parts are among the biggest challenges cited by executives.
Soleimani continued: (There is a price war raging on the deadlines).
Evan Gonzalez Vallejo, strategy and supply chain manager at Iberia Maintenance, said the industry will remain constrained for some time, adding: “Supply chain constraints will remain in place for an additional two years.
Demand will not decrease.)
Follow the economic statement via Google News
MENAFN04112023000110011019ID1107372703
Legal Disclaimer:
MENA Financial Services Network provides information "as is" without any representations or warranties...
This disclaims our responsibility for the privacy practices or content of the sites included in our network, including images and videos.
For any queries regarding the use and reuse of this source of information, please contact the provider of the above article.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

- **Competitive Dynamics and Key Players:**
  - **Airbus:** Posted record profits (EUR 4.2 billion) and is returning dividends.

Title:

Content: Global Economic News
Despite the COVID-19 crisis,
Airbus earns the highest profit in its history with 4.2 billion euros
Airbus will distribute dividends to shareholders with plans to offer a €1.5 share per share.
Airbus returned to growth in 2021 with the biggest profit in its history, unaffected by the historic air transport crisis in the wake of the COVID-19 pandemic.
After posting losses for two consecutive years, the European planemaker reported a net profit of 4.2 billion euros in 2021, surpassing the 2018 record level of 3.1 billion euros at a time when it was manufacturing nearly a quarter more aircraft than the current number.
Guillaume Fawry, the group ’ s chief executive, said in a statement that “our focus has shifted from managing the epidemic to recovery and growth. ”
Fawry attributed these "remarkable" results to the increase in the number of commercial aircraft delivered, which amounted to 611 aircraft in 2021, an increase of 8 percent over 2020, to the "good performance" of space and defense activities, as well as to the helicopter division "and" the focus on cost reduction and competitiveness ".
The volume of deliveries is a reliable indicator of profitability in the aircraft industry, with customers paying the bulk of the bill when they receive the aircraft.
In its 2022 guidance, Airbus said it “does not expect further disruption to the global economy, air traffic, the company ’ s internal operations and its ability to deliver products and services. ”
Airbus will distribute dividends to shareholders with plans to offer a stake of 1.5 euros per share, after cancelling it in the past two years.
But U.S. rival Boeing did not make a profit, posting a loss for a third year in a row in 2021 as the cost of delayed deliveries of the 787 and more expensive production runs higher.
Aviation collapsed in 2020 as the COVID-19 pandemic forced countries to close their borders.
Since the start of the health crisis, Airbus has cut production significantly and announced the abolition of 15,000 jobs before finally reducing that number to 10,000.
The group, which had 126,000 employees at the end of 2021, plans to employ at least 6,000 people this year.
Airbus, whose production has fallen by a third to 40 A320 single-aisle aircraft (A319, A320 and A321) per month since April 2020, was producing about 45 aircraft per month at the end of 2021.
It plans to increase its production to 65 A320 aircraft per month in 2023, an unprecedented number.
Revenue increased 4 percent to 52.1 billion euros last year thanks to the number of commercial aircraft delivered.
Its operating profit was €477 million at the time the company abandoned its A380 Jumbo program.
It received 507 new orders, more than twice as many as in 2020, including the first orders for the new E-350 cargo plane.
While the frequency of air travel remained low last year, and will return to pre-COVID-19 levels only in 2023 for domestic travel and in 2025 for long-distance flights, "it has become clear that people want to fly again and will do so as soon as travel restrictions are lifted," Fawry told a news conference.
The pace of global travel is expected to double, compared to pre-epidemic levels, by 2050.
Airlines struggled with travel restrictions last year, especially in Asia, where China imposes strict border measures.
Air France-KLM reported net losses again in 2021, though less than half of what they were in 2020, at 3.3 billion euros.
Publish it.
More Economic News - Global

Strategically prioritizing development and sales of efficient, high-demand models (e.g., A321).

Title:

Content: Honeywell has signed contracts worth $10 billion.
T + T - normal size
Dubai - Al Bayan
Honeywell, the global leader in the aviation industry, has revealed that its advanced air transport business has secured contracts worth more than $10 billion.
Since its inception more than three years ago, the unit has developed significant partnerships with industry leaders, including Archer Aviation, Lilium, Pipestrel, Supernal and Vertical Aerospace.
David Scheledi, vice president and general manager of Honeywell ’ s Advanced Air Transport Unit, said: “This achievement not only sets a target, but also underscores our firm vision for the future of aviation and advanced air transport.
At Honeywell, we are setting new standards for travel and delivery services, working with our partners to shorten flight time and deliver same-day parcel shipping services worldwide.
With its comprehensive portfolio of finished products and solutions, Honeywell has successfully entered the advanced air transport market, developing products covering all parts and operations of the aircraft, based on generations of accumulated experience in various aviation sectors.
Its portfolio includes a range of innovative products, ranging from Honeywell Anthem, the next-generation avionics system responsible for cockpit operations, electronic navigation solutions, and customized operating systems that enable precise flight control and reliability in advanced air transport vehicle systems, to a wide range of sensors.
Yves Yemsei, Chief Operating Officer at Lilium, said: “Honeywell ’ s all-in-one technologies have set new standards for safety and sustainability in the aviation industry, providing our pilots with a seamless and unprecedented user experience.
Honeywell ’ s Advanced Air Transport Unit has a strong presence in North America, Western Europe and India.
This global presence enhances the company ’ s efficiency in keeping with customer needs, and allows it to attract a variety of talents and competencies, which contributes to the development of its methodology in the markets.
Honeywell focuses on the long-term growth of the advanced air transport industry and works to strengthen communication between regulators, OEMs and members of the US Congress to stimulate dialogue and constructive action by launching initiatives and hosting industry events in Washington.
Jim Courier, President and CEO of Honeywell, said: “We celebrate this important milestone in our journey and look forward to further successes.
We invite all advanced air transport vehicle developers to explore opportunities to collaborate with our company and work together to achieve our vision of developing travel and mobility methods and laying the foundations for a sustainable future for the aviation industry.
Email

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

- **Boeing:** Facing challenges including order shortfalls compared to Airbus, ongoing supply chain issues, delayed 787 deliveries, and three consecutive years of annual losses.

What happened to the market shares between Boeing and Airbus after the Covid-19 crisis?

Airbus announced order intent for 408 new aircraft, while Boeing has secured contracts for 78 aircraft.

However, Boeing remains a major force with expectations of strong cash flow and continued investment in R&D, particularly in the Middle East and cargo segments.

- **Honeywell:** Secured over $10 billion in aviation contracts, leveraging a global operational presence to address customer needs efficiently.

- **Engine Manufacturers (e.g., GE, RTX):** Focus on servicing and maintenance, with repairs and parts sales a crucial revenue driver amid supply chain bottlenecks.

- **Industry Headwinds:** Major challenges include persistent supply chain disruptions, rising costs, shortages of skilled labor and spare parts, and geopolitical factors (exclusion of Russia from markets post-Ukraine invasion).

Title:

Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
Airbus signs record 500 aircraft deal with Indian airline
Airbus (AIR.PA) announced a record 500 aircraft deal with Indian airline IndiGo (INGL.NS) on the first day of the Paris Air Show on Monday, as strong demand for aircraft and air defenses competed for attention to the industry ’ s supply chain problems.
The multi-billion-dollar deal for single-aisle aircraft – the largest ever in terms of number of aircraft – confirmed a Reuters report earlier this month and surpassed Air India ’ s interim purchase of 470 Airbus and Boeing (BA.N) aircraft earlier this year.
The world ’ s largest air show, which alternates with Britain ’ s Farnborough, is being held at Le Bourget for the first time in four years after the 2021 edition fell victim to the epidemic.
French President Emmanuel Macron traveled to the crowded space bazaar by helicopter and watched an overflight show that included the latest development of Airbus ’ A321XLR aircraft, and Air Force including the French Rafale fighter.
On the civilian side, aircraft manufacturers have arrived with increased demand expectations as airlines rush to be able to meet demand and help reach the industry ’ s net zero emissions targets by 2050.
But they also face a challenge to meet this demand as suppliers struggle with rising costs, a shortage of spare parts and a dearth of skilled labor in the wake of the epidemic.
Industry executives say up to 2,000 aircraft orders are on the table for takeover around the world in the emerging commercial aircraft market, on top of those already provisionally announced, as airlines try to fill the void left by the sharp decline in activity in the COVID crisis.
But they said only part of these potential new deals would be ready in time for this week ’ s air show, which could see a mix of new and frequent announcements.
Agency Partners analyst Sach Tossa said: “Only when these appear in the year-end backlog do we have any idea of the market ’ s strength and the quality of orders.
The IndiGo deal highlights the growing importance of India, the world ’ s fastest-growing aviation market, serving the largest population, to aircraft makers.
Peter Elbers, CEO of IndiGo, told a press conference.
In another major market, Airbus said Saudi low-cost carrier flynas had confirmed an order for 30 of its narrow-body A320neo jets, confirming a Bloomberg report.
The air show takes place in the shadow of the conflict in Ukraine, with no Russian presence in the chalets and galleries unlike the last event four years ago.
A Ukrainian minister told Reuters that Kiev is in talks with Western arms manufacturers to boost production of weapons, including drones, and may sign contracts in the coming months.
Belgium has said it will apply to join as an observer for the potential successor of the Rafale and Eurofighter multinational fighter jet, the French-German-Spanish fighter project FCAS, despite differences among industrial partners over whether to expand.
France ’ s Thales (TCFP.PA) also announced a contract with Indonesia to purchase 13 long-range air surveillance radars.
Looking at the rest of the offer, Air India may end its recent huge order, split between Airbus and Boeing, as Irish tenant Avolon finishes a deal with Boeing that is seeing a relatively quiet offering after a series of recent orders.
Airbus is seen close to a potentially big deal with Mexico ’ s Viva Aerobus, but by Monday, some sources expected the size to be closer to 60 compared to the three figures first reported, with no guarantee of this week ’ s result.
With increased bargaining power available to them due to supply shortages, airline executives say aircraft makers are becoming tougher on price and more cautious than they were on previous bikes.
In the meantime, engine makers are making bets on fuel-saving technology that will affect how aircraft evolve in the next decade.

- **Cargo and Aerospace as Growth Areas:** Cargo aircraft demand is expected to outpace global trade growth (at ~3.5% annually), while the space sector is becoming an increasingly vital component of aerospace portfolios and broader industry growth strategies.

- **Market Outlook:** The pace of air travel is projected to double by 2050.

Domestic travel is expected to recover by 2023, and international travel is forecast to return to pre-pandemic levels by 2025.

Airlines and manufacturers are adapting by optimizing fleets and pivoting toward sustainability.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

- **Strategic Moves:** Major players are ramping up R&D investments, focusing on advanced technology, sustainability, and diversification (including drones and helicopters).

Title:

Content: March 10, 2022
Abu Dhabi UAE
Prayer times
Flying...
Taking off from epidemic airports
Flying...
Taking off from epidemic airports
March 6, 2022 16: 52
Hassouna Al Tayeb (Abu Dhabi)
Major industries typically take over the helm of the economy and create jobs in society.
The growth of the world economy in the past decade has been boosted by developments in various industries, in particular technology, science, health and manufacturing.
As the pace of spending and wealth increases around the world, existing industries grow and others disappear from the scene amid the rising development of human society.
It is the responsibility of large industries to provide essential products and services that improve the lives of billions of people around the world.
The aviation industry is among the industries most affected by the COVID-19 virus, with Boeing, for example, suffering losses of about $11.9 billion in 2020.
This industry includes a number of companies that are involved in the development and manufacture of aircraft for purposes including commercial, passenger, military, cargo, government, surveillance and refueling of other aircraft in the air.
It also includes sales by private companies of equipment used for space flights and missions.
The value of the global aviation sector declined to $359.3 billion in 2020, from $818.3 billion in 2019, as a result of the Coronavirus epidemic, with expectations of $471.8 billion this year.
The aviation industry encompasses almost all aspects of air travel and related activities.
This means that it includes the entire aviation sector, the aircraft industry, research companies, military aviation, and others.
The term aviation is usually used to describe mechanical air transport that is carried out through the use of aircraft.
The sector consists of two types of aircraft, regular and helicopter, as well as the new type of drones.
The aviation industry has two types of activity, the first related to passenger and cargo transport, while the second includes aircraft manufacturing, research operations, safety and military aviation, as well as companies specialized in the production, design and use of drones.
The importance of the aviation industry lies in connecting different continents, countries and cultures, as well as facilitating long-distance travel.
It also contributes significantly to the global economy, trade between countries and the creation of millions of jobs around the world.
Among the largest aircraft manufacturers are Boeing, Airbus and Lockheed Martin.
The European Airbus, which has industrial facilities in Germany, France and the Netherlands, is the largest in the world.
The Airbus A380 is also the largest aircraft in the world.
American Boeing, based in Chicago, comes in second place.
In addition to producing military aircraft, the company is also known for manufacturing spaceships.
Lockheed Martin is the world's largest manufacturer of warplanes, including the F-16, F-35 and others.
Aircraft manufacturers are planning to reduce the rate of production of large aircraft and focus on smaller ones, a trend that began just before the outbreak of the pandemic.
These companies are working to convince airlines to buy this type of aircraft because of its fuel efficiency of 15%.
Among the largest suppliers in the aviation industry are United Technologies, General Electric Aviation, Safran, Rolls-Royce Holdings, Honeywell Aerospace and others.
The activities of manufacturers vary from the design, construction, testing, sale, maintenance and production of spare parts, spaceships and others.
The value of aircraft production in 2015 was about $180.3 billion, of which 61 percent was for airlines, 14 percent for business and general aviation, 12 percent for military helicopters and about 3 percent for civilian helicopters.
The value of maintenance, repairs and refurbishment of the aircraft is estimated at $135.1 billion, bringing the total volume of production to $315.4 billion.
Boosting demand activity is the growing affluence of the middle class in emerging markets.
Air traffic is expected to rebound significantly in Latin America and Africa, although these regions are expected to suffer even more from the spread of COVID-19.
While the proportion of aircraft grounded is usually estimated at 10%, it rose to 60% during the epidemic for 13,350 aircraft.
According to data from Asnad Aviation Consultancy, 902 new aircraft were ordered from Boeing and Airbus this year, excluding cancelled orders and orders from non-profit customers, compared to 672 in 2020.
In this climate of awakening, airlines are planning to renew their fleets, driven by a rebound in summer travel, even in Europe, despite the slower pace of recovery from the epidemic than in the United States.
All rights reserved to Al Ittihad Newspaper 2022 ©

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Dividends and shareholder returns reflect robust confidence among leaders like Airbus.

Boeing is still significant but hindered by delivery and profitability challenges.