### Comprehensive Report on Global Aircraft Forecast and Aerospace Market Trends

#### Executive Summary
As global air travel rebounds post-pandemic, the aviation industry is entering a transformative era focused on sustainability, efficiency, and innovation.

Aircraft manufacturers are adapting to new market dynamics driven by environmental regulations, technological advancements, and shifting regional demands.

This report analyzes key trends shaping the aerospace sector, identifies leading manufacturers positioned for growth, and explores regional market dynamics to guide investment decisions in aerospace stocks.

---

### Key Trends Driving Aircraft Demand

1.

**Sustainability and Environmental Regulations**
   The aviation industry is under increasing pressure to reduce carbon emissions, with the International Civil Aviation Organization (ICAO) committing to net-zero carbon emissions by 2050.

This long-term aspirational goal (LTAG) is pushing airlines and manufacturers to invest in more fuel-efficient aircraft and sustainable aviation fuels (SAF).

Environmental, Social, and Governance (ESG) considerations are now central to strategic planning across the sector.

### Comprehensive Report on Global Aircraft Forecast and Aerospace Market Trends

#### Executive Summary
As global air travel rebounds post-pandemic, the aviation industry is entering a transformative era focused on sustainability, efficiency, and innovation.

Title:

Content: Airlines are preparing to carry more than 5 billion passengers worldwide this year, surpassing the record set for 2019 ahead of the COVID-19 pandemic, the International Air Transport Association (IATA) said Monday.
IATA, which is holding its general meeting in Dubai, said it also expects a net global financial gain in 2024 of $30.5 billion, a marked increase from its previous forecast of $25.7 billion.
Speaking to delegates from his organisation, which includes 320 airlines representing 83% of global air traffic, IATA Director General Willy Walsh said the results were "a huge success given the recent heavy losses caused by the pandemic".
The number of passengers expected to reach 4.96 billion this year will easily surpass the record 4.54 billion recorded in 2019.
Etihad ’ s initial forecast was that the number of air passengers would reach 4.7 billion in 2024.
The global pandemic has taken a heavy toll on the aviation sector.
The International Air Transport Association (IATA) estimated the losses at $183 billion between 2020 and 2022.

Title:

Content: Gediminas Ziemelis, Chairman of Avia Solutions Group: Top 10 Sustainability Challenges for Passenger Aviation in the Next Three Years
Vilnius, LITHUANIA
DUBLIN, Ireland, May 19, 2023 (GLOBE NEWSWIRE) -- Ensuring sustainable operations has become a major driver of the aviation industry in recent years.
Nevertheless, this dynamic industry faces numerous challenges that may not be conducive to improving profitability.
A number of factors are causing the aviation industry to struggle, but a number of core issues are the main culprits that deserve our attention.
For highly leveraged and heavily indebted airlines, rising market interest rates are a burden.
In recent years, the aviation industry has been constrained by a sharp drop in passenger demand, and many airlines have suffered financial losses.
In order to sustain this period, airlines are borrowing additional debt, but the increase in debt poses greater risks to lenders, forcing airlines to pay higher market interest rates.
The epidemic has affected the industry, and factors such as rising fuel costs and increased competition have also caused many airlines to fall into financial difficulties.
These factors have made it increasingly difficult for highly leveraged airlines to make profits and pay off their debts, raising concerns about the sustainability of their business model.
Under these various factors, heavily indebted airlines will have to pay higher market interest rates, which in turn may increase their financial difficulties.
Significant increase in insurance costs – increased risk of war may drive up premiums
As geopolitical risks worsen, the aviation industry is struggling to cope with an environment of rising insurance costs.
As the major insurance companies have pointed out, about 500 aircraft leased to Aeroflot are still being seized in Russia, which is a big reason for the increase in premiums.
The Russian government ’ s refusal to allow the aircraft has made the situation unclear, and insurance companies have to face potential liability issues.
Therefore, industry insiders say that it is difficult for insurance companies to assess the level of risk involved, resulting in a wide range of potential losses, estimated to be as high as US $30 billion.
This uncertainty is bound to drive up airline premiums, affecting the industry as a whole.
Passengers are expected to recover compensation for flight delays, causing unexpected costs to airlines
EU Regulation 261 / 2004 provides for compensation in case of flight delay, cancellation, overbooking or denial of boarding. Depending on the circumstances and certain conditions, affected passengers may be eligible for compensation ranging from €250 to €600 per person.
Prior to the COVID-19 pandemic, the EU accounted for 1.5% of all flights with an average compensation of €375 per delayed flight.
In 2019, EU airlines carried a total of 1.12 billion passengers, including 1.7 million flight delays, with compensation totalling 6.3 billion euros.
Currently, only 10% of affected passengers file a complaint directly with the airline or through a dedicated service company such as Skycop or Airhelp.
However, this number is expected to increase significantly due to challenges such as lack of capacity in the wake of COVID-19.
As a result, the proportion of flights that meet the compensation requirements due to delays could increase from 1.5% to 5%, potentially leading to a total compensation of up to 20 billion euros.
LEAP engine testing will affect more grounded aircraft, resulting in capacity shortages;
According to our internal research, there are currently 1,397 LEAP-1A powered A320neo aircraft in the aviation industry, involving 3,080 engines, or an average of 2.2 engines per aircraft, and 1,043 Boeing 737 MAX aircraft with LEAP-1B engines, involving 2,338 engines, or an average of 2.2 engines per aircraft.
Due to engine maintenance needs, there are 21 and 22 locations worldwide for major repair and maintenance of LEAP-1A and LEAP-1B.
However, 16,000 aircraft (60% of all aircraft) were grounded in 2020-2021, resulting in a 60% delay rate for LEAP engines.
As a result, there are currently serious maintenance gaps in 43 locations, and engine maintenance needs to wait 9-10 months, which may disrupt the operation of the airline.
2023-2025 OEM production and supply chain disruption, resulting in a gap in aircraft capacity;
The COVID-19 pandemic has had a profound impact on the aviation industry.
Original equipment manufacturers (OEMs) such as Boeing and Airbus experienced severe disruptions in their production and supply chains.
In response to the global economic slowdown and declining aviation demand, OEMs will reduce production by about half of pre-COVID, but this will lead to a gap in aircraft capacity and hinder the recovery of the aviation industry.
Production cuts affect more than 5,000 suppliers across the entire supply chain, with a number of suppliers forced to cut production during the pandemic.
Therefore, the recovery of the aviation industry is expected to take 2.5-4 years to return to pre-COVID production levels.
Such a long interruption will inevitably have a major impact on the industry and all parties involved.
In 2020-2021, the cancellation of the trainee pilot program and the regular retirement led to a shortage of pilots in 2023-2024 and soaring pilot costs for airlines;
The airline industry is constantly in need of new pilots, after all, about 3% of pilots retire every year.
However, the COVID-19 pandemic has been a major setback for the industry, and the Trainee Pilot Program needs to be delayed or even cancelled.
As a result, there is a severe shortage of pilots in the market, which is driving up costs, and the industry is expected to need an additional 300,000 pilots in a decade, which is expected to pose a major challenge, especially in India, where the shortage is forecast to be the most severe.
Scheduling maintenance, repair and refurbishment (MRO) sessions becomes difficult after COVID-19
Another issue raised by the COVID-19 pandemic is the massive backlog of aircraft MRO services around the world.
Due to the unprecedented reduction in air range and the grounding of many aircraft, regular maintenance needs to be delayed or postponed.
The problem is that as flight demand starts to pick up and airlines are gradually returning to full operation, it becomes difficult to schedule MRO slots for the necessary maintenance of aircraft.
A large number of airlines have found that the MRO facilities are already overloaded, resulting in waiting time and the operation of the airlines may be affected.
It is expected that it will be some time before the backlog of maintenance needs can be resolved, which poses an obstacle to the recovery process of the aviation industry.
Difficult to find engine maintenance periods for V2500 and Rolls-Royce (RR) engines due to maintenance delays
Airlines with V2500 and RR engines on their aircraft also faced difficulties in arranging engine maintenance due to high demand but limited supply, which posed considerable challenges, especially for airlines with a large number of similar aircraft.
Insufficient supply of maintenance hours forced airlines to suspend some aircraft, resulting in disruption of operations and reduced revenue.
In addition to the financial impact, this situation also creates safety issues, because delayed maintenance weakens the safety and reliability of the engine, and is more likely to cause more serious problems in the future.
In the medium term, ESG requirements to strengthen the environmental protection of the aviation industry remain
The 41st General Assembly of the International Civil Aviation Organization (ICAO) was held in Montreal in October 2022, an important milestone in the aviation industry ’ s commitment to sustainability.
Environmental, social and governance (ESG) issues have been mainstreamed on the agenda of the Sustainable Aviation Dialogue, with the General Assembly pledging to achieve the long-term goal of net-zero carbon dioxide emissions (LTAG) by 2050.
LTAG ’ s ambitious goals are not easy to achieve, but they can also encourage airlines to accelerate the development and adoption of more environmentally friendly aircraft fuels and other technological improvements to decarbonize flight.
In this regard, the industry as a whole needs to drastically change its mindset and invest more resources in R & D, and airlines, manufacturers and governments need to work together to achieve this long-term goal.
After COVID-19, debt related to replacement parts, MRO services and aircraft leasing will affect some aircraft still grounded, impacting capacity requirements
The industry is in a challenging environment, forcing airlines to take on additional debt to finance all aspects of their operations, such as replacement parts, MRO services and aircraft leasing.
However, the rise in outstanding debt in this industry can have a profound impact, and individual airlines may be unable to pay their debts and may be forced to suspend certain aircraft or cut routes to minimize costs, resulting in reduced capacity.
From the perspective of internal data, the outstanding debt of the entire industry has risen by more than 20% since 2020, amounting to more than $300 billion.
To raise funds, global airlines have issued or committed $63 billion in bonds and loans so far this year.
Media Contact:
Silvija Jakiene
Communications Director
Avia Solutions Group
silvija.jakiene @ aviasg.com
+ 370 671 22697

Title:

Content: There were 1,030 press releases posted in the last 24 hours and 263,601 in the last 365 days.

Lubricant Packaging Market Projected to Reach US$ 15.5 Bn by 2029, Exhibiting Growth at a CAGR of 5.2% | Future Market Insights Inc.

According to Future Market Insights, the U.S. is anticipated to be the most lucrative pocket for lubricant packaging in North America. Expansion of oil and gas industry in the U.K. will boost the demand for lubricant packaging across Europe. By the end of 2022, the U.K. is expected to account for 14% of share in the global market. As per FMI, the overall sales in the U.K. are estimated to reach US$ 157.5 Mn in 2022

/EIN News/ -- NEWARK, Del, Oct. 10, 2022 (GLOBE NEWSWIRE) -- The global lubricant packaging market is predicted to reach a value of US$ 15.5 Bn by 2029, with the market growing at a moderate CAGR of 5.2% from 2022 to 2029. In 2022, the target market will likely reach an estimated US$ 11.4 Bn. Heightened demand for flexible and strong packaging solutions for different usage in multiple industry verticals propels the demand for lubricant packaging market during the forecast period.

Heightened demand for flexible packaging solutions and small-pack lubricant packaging will likely amplify the market growth of lubricant packaging. Flexible packaging goods are considerably lighter than rigid plastic containers and use 60% less plastic and because of its flexibility, lubricant packaging design has a higher product-to-container ratio than a rigid plastic oil container or other packaging structure.

In addition to this, the automotive industry witnesses the highest demand for lubricant packaging. Hence, the rapidly increasing R&D activities and other advancements happening in the automotive industry also leads to the growth of the lubricant packaging market. Again, the increasing sales of automobiles is pushing the demand for lubricants, which is stimulating the lubricant packaging market forward.

Furthermore, the need for lubricant packaging in the automobile sector is growing with the increasing use of semi liquid, liquid and solid forms. Barring this, a surge in demand for product packaging solutions such as intermediate bulk containers that are used to store lubricants such as grease oil and others further amplifies the growth of the lubricant packaging market over the forecast period.

Request a Report Sample to Gain Comprehensive Insights@ https://www.futuremarketinsights.com/reports/sample/rep-gb-4228

“Heightened demand for engine oil packaging from the automotive sector will fuel the global growth of the lubricant packaging market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • By packaging type, drums will generate an incremental opportunity of US$ 18 Bn.
  • Lubricant packaging for engine oil will grow at a 6.5% CAGR.
  • By end-user, rising demand from the automotive sector contributes the most to the market growth.
  • In 2022, the overall market sales will reach US$ 157.5 Mn in the U.K.
  • Lubricant packaging market in Japan will grow 1.5x in the upcoming decade.
  • By the end of 2022, India will account for about 21% demand share of the global market.

Competitive Landscape

Mold Tek Packaging Ltd., Balmer Lawrie & Co. Ltd., Glenroy Inc., Time Technoplast Ltd., Grief Inc., CYL Corporation Berhad, Duplas Al Sharq LLC, Scholle IPN, Mauser Group B.V., and Martin Operating Partnership L.P. among others are some of the major players in the lubricant packaging market profiled in the full version of the report.

Major market players are concentrating on amplifying their production capacities to cater to the swelling demand. These businesses are also keen on expanding their product portfolio to gain a competitive edge.

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-4228

More Insights into Lubricant Packaging Market Report

In its latest report, FMI offers an unbiased analysis of the global lubricant packaging market, providing historical data from 2014 to 2021 and forecast statistics for 2022 to 2029. To understand the global market potential, growth, and scope, the market is segmented on the basis of lubricant type (engine oil, transmission and hydraulic fluid, process oil, metal working fluid, general industrial fluid, gear oil, greases), material (metal (tin, steel), plastic (polyethylene (HDPE, LDPE), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), polypropylene (PP), polyamide (PA), others)), end user (automotive, metal working, oil & gas, power generation, machine industry, chemicals, other manufacturing), and region.

According to the latest FMI reports, based on segmentation, the engine oil lubricant type will contribute the most to the escalating demand for lubricant packaging market. While drums are the most preferred lubricant packaging type, generating an incremental opportunity of US$ 18 Bn, the automobile end-user segment will create a growth opportunity of US$ 21 Bn during the forecast period.

Based on region, the lubricant packaging market in the United States is predicted to exhibit substantial growth owing to the expanding automotive sector in the country. The U.S. has one of the largest automotive sectors in the world and the elevated demand for the target product from the automotive sector is fueling the lubricant packaging market growth in this country. Aside from the U.S., the U.K., Japan, and India are some of the other nations expected to undergo notable growth over the forecast period.

Browse Full Report @ https://www.futuremarketinsights.com/reports/lubricant-packaging-market

Table of Content

1. Executive Summary

    1.1. Global Market Analysis

    1.2. Global Market Outlook

    1.3. Analysis and Recommendations

2. Market Overview

    2.1. Market Definition

    2.2. Market Coverage

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption Analysis

    4.2. Product USPs / Features

Read More TOC..

Have a Look at Related Research Reports of Packaging Market Insights

Inflatable Packaging Market Size: The global inflatable packaging market size is set to reach a valuation of US$ 2.6 Bn in 2022, and register a CAGR of 6.0% from 2022 to 2032

Medical Device Packaging Market Share: Global demand for medical device packaging is expected to grow at a CAGR of 5.3% and reach US$ 48.1 Billion in 2027

Alcohol Packaging Market Trend: Demand in the global alcohol packaging market is expected to be worth US$ 47,225.2 M in 2022 and is projected to rise at a CAGR of 3.9% and be worth US$ 69,235.6 M from 2022 to 2032

Electrostatic Discharge (ESD) Packaging Market: The global electrostatic discharge (ESD) packaging market is set to enjoy a market valuation of US$ 1.9 Bn in 2022

Fiber Based Packaging Market Analysis: The global fiber based packaging market is forecasted to be appraised at US$ 437,124.3 Million by 2032, up from US$ 319,012.7 Million in 2022

About Future Market Insights, Inc.

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Title:

Content: Chairman of Wafd Party
Dr. Abdul Sindh Yamama
Chairman of the Board of Directors
Dr. Ayman is an accountant.
Editor-in-Chief
I'm sorry.
My grandfather, Zainuddin.
Chairman of Wafd Party
Dr. Abdul Sindh Yamama
Chairman of the Board of Directors
Dr. Ayman is an accountant.
Editor-in-Chief
I'm sorry.
My grandfather, Zainuddin.
Whisper Plane
I believe, gentlemen, that Egyptian civil aviation is a very special case due to the challenges it is witnessing all the time because it is related to a heavy, dangerous and very sensitive industry, which is the air transport industry, which is related to international organizations, international conventions, charters and treaties that cannot be overcome in any event.
The air transport industry is a low-yielding business with a profit margin of 1-2%, according to global estimates from IATA for 2023.
The aviation industry supports the global economy directly and indirectly, through direct and indirect jobs, with a total of 4.1%.
The civil aviation industry affects the Egyptian economy, where the air transport industry contributes about $7 billion to the gross domestic product (GDP) by 2.1% of the gross national product (GNP) of the air transport industry.
Thanks to the efforts of the leadership and employees of the Egyptian Ministry of Civil Aviation, National Aviation Company Egypt witnessed a remarkable growth in the number of passengers following the return of air traffic after the Corona pandemic, where the increase in the number of passengers in 2021 reached 52% compared to 2020, and achieved the highest rates in 2022, where the average passenger traffic reached 85% compared to 2021. In 2023, passenger traffic increased by 8% compared to 2022. 18 Boeing B737-8 MAX aircraft with total orders of 5,902 (113) customers worldwide.
Of these, 2,380 have been delivered since mid-2019 and 686 aircraft have been delivered in 2023.
In addition to (10) Airbus 350 aircraft, the renewal of obsolete seats in 19 aircraft is underway as a first stage, and the replacement of ground services equipment and raising the efficiency of service through training courses for the human element and the renewal of business class breaks at Cairo International Airport.
The contract is under way to develop the website and the phone application.
"Gentlemen...
With the efforts of the employees of the national company Egypt Air headed by Eng. Yahya Zakaria, Chairman of the Holding, the financial performance indicators reached an improvement during the first quarter of the fiscal year 2024 / 2023 (July-September) compared to the same period of the previous fiscal year.
The company ’ s fleet grew from 71 aircraft to 81 aircraft, an increase of 12% and saw an increase in the number of destinations it reaches from 66 to 73 destinations, an increase of 10%.
In addition, the number of flights increased from more than 9500 thousand flights to more than ten thousand flights, an increase of 6%.
An increase in the number of operating hours from 58,000 hours to 66,000 hours by 15% and an increase in the number of seats available on board aircraft from 3.4 million seats in 2023 / 2022 to 3.7 million seats by 8%.
An increase in the number of passengers transported from 2.6 million to 2.8 million passengers by 6%.
"Gentlemen...
EGYPTAIR is a prominent member of the Star Global Alliance and in an advanced degree.
Star Alliance is the largest airline alliance in the world and was founded in 1977 and includes many of the leading airlines.
It aims to provide an integrated and comfortable travel experience for passengers by providing various services and connecting flight networks.
It includes 26 airlines around the world and EgyptAir has been a member since 2008.
To join the alliance, the annual criteria must be met, which are 52 requirements centered on safety and emergency response.
International Network and Technology.
Loyalty program and leading brand..
Shared customer service and a seamless travel experience..
The Star Alliance once again won the title of the best airline alliance in the world for 2023 at the Skytrax world airline awards, where the alliance represents 26 airlines around the world, which EgyptAir has been a member since 2008.
This is considered a certificate against the alliance companies, including EgyptAir.
"Gentlemen...
The Egyptian airports achieved a remarkable growth in the number of passengers and flights during the year 2023, and the total number of passengers reached nearly 47 million passengers, an increase of 28% compared to 2022, while the air traffic rates at the Egyptian airports recorded more than 365,000 flights, an increase of 23% compared to last year.
Cairo Airport received more than 23 million passengers on 198 thousand flights, while Hurghada International Airport received 8 million and 700 thousand passengers on 60 thousand flights, Sharm El Sheikh International Airport 5 million and 900 thousand passengers on more than 43 thousand flights, while Borg El Arab International Airport received more than 2 million passengers on 17 thousand and 700 flights during the year 2023.
"Gentlemen...
We, the lovers of this country and this sector, should support and be proud of those in charge of civil aviation now.
From Lieutenant General Mohammed Abbas, the Minister of Aviation, to all the men of his ministry.
The leaders of his companies, the officials of his sectors and all the employees..
We support them for the magnitude of the challenges facing this group since taking charge from the very first moments of its work.
From the beginning of the recovery of the sector from the Coronavirus pandemic and the obligations to be paid, which include the bill of successive losses since January 2011 to the crash of the Russian plane and the consequent negative effects on the sector and the attempt of everyone, especially in the tourism sector, to wash his hands of the failure of marketing tourism programs or to bring and open new tourist markets away from those countries that exert political pressure on us and receive the burden on aviation.
To the search of the Cyprus plane, the Paris plane, the Cororna pandemic and the damage it caused to the economies and health of most of the world's countries, organizations, airlines and airports to find before us the Russian-Ukrainian war, which we hardly adapted ourselves to its consequences until we were surprised by the Israeli invasion of the Gaza Strip.
The situation on the border with sisterly Sudan and the ongoing war there, all of which are challenges that directly affect the movement of travel and tourism and cause unexpected losses that were not in the mind of any future strategies.
"Gentlemen...
We must be proud of the strength, solidity and stubbornness of Lieutenant General Mohamed Abbas, Minister of Aviation, and his loyal men, who broke all expectations in patience and endurance and endure the lurking of the sector such as lurking for beloved Egypt and hunting in the troubled water by the sleeper cells of the Brotherhood and others who do not want to rise this nation and this vital strategic sector and attack from time to time by electronic committees.
I thank this leader and his men for understanding all the challenges and going through the sector and coming out to the world stronger in the face of the challenges.
This is evidenced by the deal to buy aircraft at the Dubai Airshow 2023 to strengthen EgyptAir ’ s fleet despite the losses suffered by the national company and despite the expectation of everyone and greedy and waiting for the company to attack it, but came out stronger and stronger its fleet and its subsidiaries exceeded the expected profits, due to the confidence given by General Abbas and Engineer Yahya Zakaria to the heads of companies to go towards achieving the impossible and crossing challenges.
"As for the Egyptian airports, the unbelievers and stalkers thought that they will suffer and will not come out intact from that fierce and cruel war waged against them and against their security and safety, so with strange insistence in securing airports with the latest devices to spend 43 million dollars on the latest devices for the safety and security of the passenger.
In addition to the development of air navigation and communication systems to achieve full control over the Egyptian airspace through full radar coverage, a development plan aimed at securing the Egyptian airspace, increasing air traffic safety rates and using the latest technologies in the field of air navigation in particular.
It also operated (5) air traffic management systems and 6 communication systems at Borg El Arab, Luxor, Aswan, Qattameya and Sharm El Sheikh airports, installed (22) radar stations for air traffic management, installed automatic alarm systems and automatic fire extinguishing for satellite stations and communications in Assiut, Aswan, Marsa Matrouh, Hurghada and Taba airports. Aircraft and facilitate air traffic through the automatic landing system, which is characterized by its accuracy in determining the landing and take-off sites.
A whisper of a plane.
Greetings to all civil aviation workers, large and small, who loved their sector despite the challenges to come out to wider horizons and greetings to the team Mohamed Abbas, who continues night and day in order to get the sector to a place that befits Egypt or the world.
Civil aviation remains a tributary of the economy and an icon of challenge.

Title:

Content: Insights on the Windows and Doors Global Market to 2030 - Rapid Urbanization & Industrialization Presents Opportunities

Dublin, IRELAND

Dublin, May 11, 2022 (GLOBE NEWSWIRE) -- The "Windows and Doors Market by Product Type, Material, and Mechanism: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The global windows and doors market size was $217,900.0 million in 2020 and is expected to reach $356,483.6 million by 2030, registering a CAGR of 4.9% from 2021 to 2030.

Rapid urbanization and industrialization drives the demand for new residential & commercial construction activities, which is expected to upsurge the demand for windows and doors products, thereby driving the growth of the global windows and doors market. For instance, the German construction industry grew by 2.8% in 2021 and is projected to grow at a rate of 2.3% between 2022 and 2025.

In addition, rise in disposable income of the population in various nations such as India, China, and Brazil is expected to drive the adoption of eco-friendly windows & doors in residential & commercial construction activities, thus strengthening the growth of the global windows and doors market. For instance, the disposable income of the U.S. registered a growth of 0.3% from 2020 to 2021. Furthermore, surge in spending on residential and commercial construction activities is expected to fuel the windows and doors market.

The market growth is driven by factors such as advancements by market players producing ecofriendly windows & doors, rise in consumer spending on home improvement, and surge in residential & non-residential construction.

Technological innovation by market players producing ecofriendly windows & doors is expected to propel the windows and doors market growth. For instance, Tiltco, a Canada-based window & door producer, manufactures unplasticized PVC, which offers benefits during the manufacturing process such as less maintenance, lowest production energy requirements, minimal raw material requirements, and least emissions. Milgard manufactures energy-efficient doors and windows designed to cater to thermal and solar requirements, thus fueling the market growth.

Major players such as JELD-WEN Inc., Masco Corporation, Lixil Corporation and others have adopted acquisition as the key developmental strategy to improve the product portfolio. For instance, in March 2020, Masco acquired SmarTap A.Y. Ltd, which is a developer of smart bathing system that monitors and controls the temperature and flow of water. This acquisition aims to improve the product portfolio of the company.

However, high price packages for ecofriendly doors and windows are anticipated to hamper the growth of the market. Conversely, surge in construction of buildings is anticipated to provide lucrative opportunities for the growth of the global windows and doors market.

The global windows and doors market is segmented on the basis of product material, mechanism, end-user, and region. Based on product, the market is fragmented into windows and doors. The windows segment dominated the market in 2020. Based on material, the market is divided into wood, metal, and plastic. The metal segment dominated the market in 2020. Based on mechanism, the market is divided into swinging, sliding, folding, revolving, & others. The sliding segment dominated the market in 2020. Based on end-user, the market is divided into residential and non-residential. The residential segment dominated the market in 2020.

Regionally, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific generated the highest revenue in 2020.

The key players profiled in the market report include Anderson Corporation, Atrium Corporation, Horton Automatics, JELD-WEN Inc, Lixil Group Corporation, Marvin Windows and Doors, Inc., MI Windows and Doors, Masco Corporation, Pella Corporation, YKK Corporation.

Key Benefits

  • The report provides an extensive analysis of the current and emerging global windows and doors market trends and dynamics
  • In-depth market analysis is conducted by global windows and doors market estimations for the key market segments between 2020 and 2030
  • Extensive analysis of the global windows and doors market is conducted by following key product positioning and monitoring of the top competitors within the market framework
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities
  • The global windows and doors market forecast analysis from 2021 to 2030 is included in the report
  • The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global windows and doors market

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Winning Strategies
3.2.2. Top Investment Pockets
3.3. Porters Five Forces Analysis
3.3.1. Low Bargaining Power of Suppliers
3.3.2. High Bargaining Power of Buyers
3.3.3. Low Threat of Substitutes
3.3.4. Moderate Threat of New Entrants
3.3.5. High Intensity of Competitive Rivalry
3.4. Market Player Positioning, 2015
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Advancements by Market Players
3.5.1.2. Surge in Residential & Nonresidential Construction
3.5.1.3. Increase in Spending on Home Remodeling
3.5.2. Restraints
3.5.2.1. High Price Packages of Some Ecofriendly Products
3.5.3. Opportunities
3.5.3.1. Rapid Urbanization & Industrialization
3.5.3.2. Rise in Disposable Income in Emerging Economies

Chapter 4 Windows & Doors Market, by Product Type
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Windows
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast
4.3. Doors
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast

Chapter 5 Windows & Doors Market, by Material Type
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Wood
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast for Doors
5.2.3. Market Size and Forecast for Windows
5.3. Metal
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast for Doors
5.3.3. Market Size and Forecast for Windows
5.4. Plastic
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast for Doors
5.4.3. Market Size and Forecast for Windows

Chapter 6 Windows & Doors Market, by Mechanism
6.1. Overview
6.1.1. Market Size and Forecast
6.2. Swinging
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast for Doors
6.2.3. Market Size and Forecast for Windows
6.3. Sliding
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast for Doors
6.3.3. Market Size and Forecast for Windows
6.4. Folding
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast for Doors
6.5. Revolving & Others
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast for Doors
6.5.3. Market Size and Forecast for Windows

Chapter 7 Windows & Doors Market, by End-user
7.1. Overview
7.1.1. Market Size and Forecast
7.2. Residential
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast
7.3. Nonresidential
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast

Chapter 8 Windows & Doors Market, by Geography

Chapter 9 Related Industry Insights

For more information about this report visit https://www.researchandmarkets.com/r/ci1vjy

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Content: TOURISM
IATA: 41.6% growth in international travel last year
touched 2019 levels in the fourth quarter of 2023
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The International Air Transport Association (IATA) confirmed that the recovery in air travel continued in December and that total traffic for 2023 came closer to touching demand levels before the coronavirus epidemic.
According to a press release issued by IATA yesterday, total travel in 2023 (measured in passenger revenue per kilometer) increased by 36.9% compared to 2022, and travel for the whole of 2023 was 94.1% of its 2019 levels.
Total travel traffic for December 2023 grew by 25.3% compared to December 2022, reaching 97.5% of the December 2019 level, according to the Emirates News Agency (WAM).
Travel traffic in the fourth quarter was 98.2% of 2019 levels, reflecting a strong year-end recovery.
According to another IATA statement on air freight traffic, the recovery continues with exceptional performance in the fourth quarter of 2023, and during November and December as some shipping companies switched to air freight instead of sea freight.
International travel in 2023 increased by 41.6% compared to 2022 and reached 88.6% from 2019 levels, and international travel in December 2023 grew by 24.2% compared to December 2022, reaching 94.7% from December 2019, and travel in the fourth quarter reached 94.5% from 2019 levels.
Local travel
Domestic traffic for 2023 grew 30.4% compared to the previous year and domestic traffic in 2023 was 3.9% higher than the level for the whole of 2019.
Domestic traffic in December 2023 grew by 27% compared to the same period a year earlier and was 2.3% higher than in December 2019, while travel in the fourth quarter was 4.4% higher compared to the same quarter of 2019.
IATA Managing Director Willie Walsh said: “The strong recovery continued and traffic in December 2023 was only 2.5% below 2019 levels, with strong performance in the fourth quarter encouraging airlines to return to normal growth patterns in 2024.
Performance of international markets
On the performance of international markets, airlines in the Asia-Pacific region recorded a 126.1% increase in international traffic for the whole of 2023 compared to 2022, maintaining the strongest year-on-year rate among regions.
Capacity increased by 101.8%, while load factor increased by 9% to 83.1%, with travel in December 2023 up 56.9% compared to December 2022.
European airline traffic for the full year grew by 22% compared to 2022, capacity increased by 17.5%, and load factor increased by 3.1 percentage points to 83.8%.
In December, demand rose 13.6% compared to the same month in 2022, and travel in December was higher than the corresponding month in 2019 for the first time since the start of the epidemic.
Airlines in the Middle East saw a 33.3% increase in traffic in 2023 compared to 2022, capacity increased by 26% and load factor increased by 4.4 percentage points to 80.1%, and demand in December increased by 16.6% compared to the same month in 2022.
North American airlines recorded a 28.3% year-on-year increase in traffic in 2023 compared to 2022.
Capacity increased by 22.4%, load factor increased by 3.9 percentage points to 84.6%, and travel in December 2023 increased by 13.5% compared to the same period last year.
Latin American airlines recorded a 28.6% increase in traffic in 2023 compared to the whole of 2022, annual capacity increased by 25.4%, load factor increased by 2.1% to 84.7%, the highest among regions, and demand in December increased by 26.5% compared to December 2022.
The annual traffic of African airlines increased by 38.7% in 2023 compared to the previous year, the capacity for the whole of 2023 grew by 38.3%, the load factor increased by 0.2% to 71.9%, and the travel of African airlines in December 2023 increased by 9.5% compared to December 2022.
Air Freight Recovery
Global air cargo markets data released by IATA yesterday showed that air cargo demand continues to rebound in 2023 with a particularly strong performance in the fourth quarter, with full-year demand reaching a level just below 2022 and 2019.
Full-year global demand in 2023, measured by freight tonnage per kilometre, fell 1.9% compared to 2022, while the decline for international operations was 2.2%, and compared to 2019, demand fell last year by 3.6% and 3.8% for international operations.
Capacity in 2023, measured by the available freight tonnage per kilometre, increased by 11.3% compared to 2022, while for international operations, the increase reached 9.6%, compared to 2019 levels, the capacity increased by 2.5%, and remained stable for international operations.
December 2023 saw exceptionally strong performance, with global demand exceeding 2022 levels by 10.8% and 11.5% for international operations, the strongest annual growth performance in the past two years, and global capacity was 13.6% higher than 2022 levels and 14.1% higher than the year ’ s levels for international operations.
Global cross-border trade grew for the third consecutive month in October, and December inflation in both the United States and the European Union, as measured by consumer price indices, remained below 3.5% year-on-year, according to the IATA statement, and the Chinese CPI pointed to contraction for the third consecutive month, raising fears of an economic slowdown.
The PMI for manufacturing production and new export orders, two key indicators of global air freight demand, continued to rise below the December 50 level, the usual indicators of deflation.
IATA Director General Willie Walsh said: “2023 saw air freight markets regain their lost growth in 2022 after the extraordinary peak that followed the coronavirus in 2021, and although year-long demand was 3.6% below pre-coronavirus levels, the significant growth in the last quarter is a sign that markets are stabilizing to more normal demand patterns. ”
“What demand saw in the last quarter puts the industry on a solid footing for success in 2024 but as instability continues and in some cases worsens, nothing is guaranteed in the coming months. ”
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Content: Money and Business
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$765 billion over 20 years.
Boeing says Middle East will need 3,000 commercial planes
Boeing has revealed that passenger traffic in the Middle East and commercial aviation fleet traffic in the region is expected to more than double over the next two decades as it announces its 20- year forecast for the commercial aviation market for 2022.
Airlines in the Middle East have been able to successfully deal with the challenges caused by the pandemic by
Modify its business models and increase the use of cargo planes to raise revenue.
Looking ahead, Boeing expects the region ’ s fleet to expand to 3,400 aircraft to serve fast-growing passenger traffic, as well as growing air freight demand.
Randy Haysey, Boeing Commercial Airplanes ’ Marketing Director for the Middle East, Africa, Russia and Central Asia, said: “The Middle East is gaining ground as a leading hub for international travellers, and the Middle East economy is growing to be the starting point and final destination for business, tourism and leisure travellers.
The demand in the region for a versatile fleet will continue to meet the requirements of the business model of all commercial airlines and air cargo. ”
Boeing forecasts that the Middle East will require 2,980 new aircraft, valued at $765 billion, for passenger and commercial services.
More than two-thirds of demand will enable growth in the region, while the remaining third will replace older aircraft with more fuel-efficient models such as the 737 MAX, 787 Dreamliner and 777X.
It is worth noting that air cargo operations by Middle East carriers have continued to grow substantially in recent years, with the region operating two of the world ’ s top five carriers.
To meet future demand, the Middle East ’ s cargo fleet is expected to reach 170 carriers by 2041, double the pre-pandemic fleet.
Boeing ’ s Middle East Commercial Aviation Market Report 2022 also includes the following projections through to 2041:
♪
Passenger traffic is expected to grow by 4% annually.
♪
Demand for wide-body aircraft continues with 1,290 deliveries to support the growing network of international airlines.
♪
The single-aisle aircraft market in the Middle East will more than double to 1,650 aircraft serving regional and international destinations.
♪
The demand for commercial after-sales services, including maintenance and repair, has reached a value of about $275 billion.
♪
The Boeing Pilot and Technical Report 2022 predicts that the region will need 202,000 aviation personnel, including 53,000 pilots, 50,000 technicians and 99,000 crew members, over the next 20 years.
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Content: IATA expects aviation industry recovery to accelerate in 2023
Willy: Passenger traffic is growing faster than expected
IATA Director-General Willie Walsh has predicted that the recovery in passenger traffic is accelerating and that on average the industry could return to pre-epidemic levels in 2023, a year earlier than previously forecast.
Walsh told Reuters that overall passenger traffic is growing faster than expected despite the war in Ukraine and ongoing restrictions in the Chinese aviation market.
“We are seeing very strong bookings, ” he said, noting that high oil prices and travel disruptions caused by labor shortages have not yet stopped travelers, although oil prices have likely caused a 10% increase in ticket prices.
Overall, Walsh believes the industry is on track to recover passenger traffic to pre-epidemic levels in 2023, supported by a strong summer forecast that year.
But he warned that passenger traffic in some individual seasons next year could still be lower than it was before the epidemic, as the Asia-Pacific region continues to lag behind in recovery due to ongoing COVID-19 restrictions in China ’ s key aviation market.
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Content: Experts called 2020 the worst year in the history of aviation
Airlines in 2020 due to the restrictions caused by the coronavirus suffered a net loss of $126.4 billion.
This is stated in the report of the International Air Transport Association (IATA), reports RBC.
“Total revenue from passenger traffic in 2020 fell by 69%, to $189 billion <... >.
The decrease in the number of air passengers carried in 2020 was the largest in the entire history of observations of global international air transportation, ” the report said.
Air traffic in 2020 fell by more than half, airlines carried 60.2% less customers (1.8 billion people) than in 2019 (4.5 billion people).
In general, demand for air transportation in the industry fell by 65.9% compared to the same period of the previous year.
Demand for international passenger transportation decreased by 75.6% compared to 2019, on domestic airlines it fell by 48.8%.
“At the height of the crisis, in April 2020, 66% of the world ’ s commercial air transport fleet was stopped due to the fact that governments closed borders or imposed strict quarantine.
Millions of jobs have disappeared, ” said Willy Walsh, CEO of IATA.
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The International Air Transport Association (IATA) announced today that the aviation industry will return to profitability next year for the first time since 2019, as air traffic continues to recover after nearly two years of COVID-19 restrictions.
The International Air Transport Association (IATA) expects the industry to make a net profit of $4.7 billion next year, with more than four billion passengers expected.
He has said only in previous estimates that a profit in 2023 is “achievable. ”
For 2022, the union cut its industry loss forecast to $6.9 billion from $9.7 billion.
Commenting on the expected return to profitability in 2023, IFRC Director General Willy Walsh said: “This is a great achievement given the magnitude of the financial and economic damage caused by the restrictions imposed by governments due to the pandemic. ”
“The EU ’ s expectations are based on a gradual reopening of China to international traffic and the easing of domestic restrictions under the zero-covid-policy.
If not, airline profitability will be affected, and another risk looming over the 2023 outlook is that some economies may be in recession. ”
IATA has said in previous statements that total sector losses this year are likely to reach $9.7 billion as air travel begins to recover from the coronavirus crisis, an improvement from the $11.6 billion deficit expected at the October meeting.

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Content: Second largest annual improvement in demand since 1990
18.7% increase in air freight demand in 2021
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International Air Transport Association (IATA) data on global air freight markets revealed that global demand for air freight increased by 18.7% in 2021 compared to 2020, and that global demand for air freight exceeded pre-COVID-19 levels by 6.9% compared to 2019.
Cargo demand rose 9.8% in December 2021, the second biggest year-on-year improvement in demand since data monitoring began in 1990 (behind 2010 rates of 20.6%).
Willie Walsh, IATA Managing Director, said: “The air cargo industry performed exceptionally well in 2021, providing a vital source of income for many airlines as passenger demand continued to underperform as a result of travel restrictions following the COVID-19 crisis.
However, manpower shortages and bottlenecks to the logistics system have missed many growth opportunities; however, overall economic conditions point to a strong performance in 2022. ”
“December saw an improvement in supply chain problems, significantly accelerating shipping growth, as supply chains in December benefited from a natural easing of restrictions as cargo volumes decreased after the holiday peak, allowing for early processing of Lunar New Year shipments to avoid conflicts with flight schedules planned during the Winter Olympics.
The additional cargo capacity also helped improve the industry ’ s performance this month, enabling airlines to meet the expected increase in travel demand by the end of the year.
Government stakeholders should consider protecting the economic recovery in terms of supply chain constraints as labor and storage space continue to be lacking. ”
Given the extraordinary impact of the COVID-19 crisis on monthly results comparisons between 2021 and 2020, all comparisons below date back to 2019 unless otherwise noted, where demand levels were within their normal range.
• Global demand, measured in tonnage per kilometre, was 6.9% compared to 2019 (7.4% for global operations).
• Total capacity, measured in available freight tonnage per kilometre, in 2021 was 10.9% lower than in 2019 (12.8% for global operations); capacity remains constrained by obstacles in key hubs.
• The sector improved in December, with global demand up 8.9% from 2019 (9.4% for global operations), a significant increase from the previous 3.9% increase from November, and the best improvement since April 2021 at 11.4%; while global capacity fell 4.7% from 2019 (6.5% for global operations).
• Reduced capacity led to increased revenues and revenues that supported airlines and a number of long-haul passenger services in the face of a sharp decline in passenger revenues, as fares increased by 150% in December 2021 compared to 2019 levels [1].
• Economic conditions continue to support the growth of the air cargo sector.
Global merchandise trade rose 7.7% in November (at the latest data update), compared to pre-COVID-19 levels.
Global industrial production increased by 4.0% over the same period.
o Inventory to sales ratio remained low, a move that has positive implications for the air cargo industry, especially as manufacturers are moving to adopt air freight in order to meet demand levels as quickly as possible.
Cost competitiveness in air freight has improved compared to sea freight.
The recent increase in COVID-19 cases in many advanced economies has significantly increased demand for shipments of personal protective equipment (PPE), which are usually shipped by air.
Supply chain challenges that slowed growth in November are:
Manpower shortages, due to staff being quarantined, inadequate storage space at some airports and backlog clearance, continue to put supply chains under pressure.
o The global PMI for supplier delivery dates in December reached 38, in proportion to the preferred values in the air cargo sector, which is no more than 50, indicating a lengthening of delivery times due to supply difficulties in light of current conditions.
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Content: IATA: Global air traffic has returned to 68.5% of pre-epidemic levels
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Data released by the International Air Transport Association (IATA) on Monday (February 6) showed that global air passenger traffic surged 64.4% last year from 2021 and has returned to its pre-coronavirus level of 68.5%.
Compared to 2021, the global revenue passenger kilometers (RPK) of European airlines increased by 132.2%, and the RPK of North American airlines increased by 130.2%. RPK is a measure of airline passenger capacity.
Global airlines lost tens of billions of dollars in 2020 and 2021 as a result of the pandemic, and things only began to improve when travel restrictions were lifted in 2022.
IATA President Willie Walsh said that with the reopening of China, air tourism will further recover.
"Although some governments have overreacted to China's reopening, the recovery is expected to continue in the new year," he said.
However, analysts point out that whether air travel can fully return to pre-epidemic levels depends on how quickly travel to and from China resumes.
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Content: 55% growth in global air travel demand
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The International Air Transport Association (IATA) announced continued growth in demand in the air travel sector in February, where total air traffic increased by 55.5% compared to February 2022, and globally, total passenger traffic reached 84.9% compared to pre-COVID-19 levels in 2019.
Domestic traffic was up 25.2% year-on-year, domestic traffic was 97.2% from February 2019 levels, and global traffic was up 89.7% year-on-year, with all markets recording significant growth, particularly in Asia Pacific.
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Content: December 8, 2021

The Japan Herald

About Japan, Global Green Energy and Space Market

Aviation Biofuel Market Size, Growth Trends, Top Players, Application Potential and Forecast to 2027 | Red Rock Biofuels, Vega Biofuels, GEVO

8 min read

Market Summary

A newly published report titled “(Aviation Biofuel Market)” by QY Research throws light on the industry dynamics and current and future trends that play a key role in determining the business expansion. The report also highlights the key driving factors and restraints that are impacting the growth. For a comprehensive understanding, the professionals have reviewed the regulatory scenario, market entry strategies, best industry practices, pricing strategy, technology landscape, and consumption, sales, and demand outlook. Y-o-Y growth estimates have also been included to provide the users with accurate statistics and facts. This report will give the readers a bigger and see-through picture of the overall scenario.

Covid-19 Impact Outlook

This section of the report reveals the consequence of the covid pandemic on business, globally. Effect on manufacturing activities, production, demand, supply chain and logistics management, and distribution networks has been exposed in this report. The analysts have pointed out the measures or strategies that the companies are taking up to fight the covid-19 impact. Moreover, they have identified key opportunities that are emerging post-COVID-19. This will help the players capitalize on the opportunities to recover losses and stabilize their businesses

Get PDF Sample Copy of Report: (Including TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample-form/form/3888314/global-aviation-biofuel-market

In addition, market revenues based on region and country are provided in the Aviation Biofuel report. The authors of the report have also shed light on the common business tactics adopted by players. The leading players of the global Aviation Biofuel market and their complete profiles are included in the report. Besides that, investment opportunities, recommendations, and trends that are trending at present in the global Aviation Biofuel market are mapped by the report. With the help of this report, the key players of the global Aviation Biofuel market will be able to make sound decisions and plan their strategies accordingly to stay ahead of the curve.

Competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Aviation Biofuel market to know the competition at both the domestic and global levels. Market experts have also offered the outline of every leading player of the global Aviation Biofuel market, considering the key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on the key factors such as company size, market share, market growth, revenue, production volume, and profits.

Key Players Mentioned:
Red Rock Biofuels, Vega Biofuels, GEVO, PetroSun, Archer Daniels Midland Company, Honeywell International, Targray Technology International, Argent Energy, KFS Biodiesel, Shirke Energy

Market Segmentation by Product:
Fischer-Tropsch
Hydrogenated Vegetable

Market Segmentation by Application:
Commerical
Military

The Aviation Biofuel Market report has been segregated based on distinct categories, such as product type, application, end user, and region. Each and every segment is evaluated on the basis of CAGR, share, and growth potential. In the regional analysis, the report highlights the prospective region, which is estimated to generate opportunities in the global Aviation Biofuel market in the forthcoming years. This segmental analysis will surely turn out to be a useful tool for the readers, stakeholders, and market participants to get a complete picture of the global Aviation Biofuel market and its potential to grow in the years to come.

Request for customization in Report: https://www.qyresearch.com/customize-request/form/3888314/global-aviation-biofuel-market

Frequently Asked Questions

  • At what growth rate is the application segment expected to expand?
  • Which factors will lead to the Aviation Biofuel market expansion?
  • What will be the global Aviation Biofuel market size by 2028?
  • What are the key constraints in the Aviation Biofuel market growth?
  • Which type segment will witness healthy growth from xx to xx?
  • Which region presents lucrative growth prospects?
  • Which companies are the key innovators in the Aviation Biofuel market?
  • What are the key business strategies for post-covid recovery?
  • Who are the key leaders in the global Aviation Biofuel market?
  • Which technological advancements will influence the Aviation Biofuel market growth?

Table of Contents:

1 Aviation Biofuel Market Overview
1.1 Product Overview and Scope of Aviation Biofuel
1.2 Aviation Biofuel Segment by Type
1.2.1 Global Aviation Biofuel Market Size Growth Rate Analysis by Type 2021 VS 2027
1.2.2 Fischer-Tropsch
1.2.3 Hydrogenated Vegetable
1.3 Aviation Biofuel Segment by Application
1.3.1 Global Aviation Biofuel Consumption Comparison by Application: 2016 VS 2021 VS 2027
1.3.2 Commerical
1.3.3 Military
1.4 Global Market Growth Prospects
1.4.1 Global Aviation Biofuel Revenue Estimates and Forecasts (2016-2027)
1.4.2 Global Aviation Biofuel Production Capacity Estimates and Forecasts (2016-2027)
1.4.3 Global Aviation Biofuel Production Estimates and Forecasts (2016-2027)
1.5 Global Market Size by Region
1.5.1 Global Aviation Biofuel Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2027
1.5.2 North America Aviation Biofuel Estimates and Forecasts (2016-2027)
1.5.3 Europe Aviation Biofuel Estimates and Forecasts (2016-2027)
1.5.4 China Aviation Biofuel Estimates and Forecasts (2016-2027)
1.5.5 Japan Aviation Biofuel Estimates and Forecasts (2016-2027)

2 Market Competition by Manufacturers
2.1 Global Aviation Biofuel Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Aviation Biofuel Revenue Market Share by Manufacturers (2016-2021)
2.3 Aviation Biofuel Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Aviation Biofuel Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Aviation Biofuel Production Sites, Area Served, Product Types
2.6 Aviation Biofuel Market Competitive Situation and Trends
2.6.1 Aviation Biofuel Market Concentration Rate
2.6.2 Global 5 and 10 Largest Aviation Biofuel Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion

3 Production and Capacity by Region
3.1 Global Production Capacity of Aviation Biofuel Market Share by Region (2016-2021)
3.2 Global Aviation Biofuel Revenue Market Share by Region (2016-2021)
3.3 Global Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Aviation Biofuel Production
3.4.1 North America Aviation Biofuel Production Growth Rate (2016-2021)
3.4.2 North America Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Aviation Biofuel Production
3.5.1 Europe Aviation Biofuel Production Growth Rate (2016-2021)
3.5.2 Europe Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 China Aviation Biofuel Production
3.6.1 China Aviation Biofuel Production Growth Rate (2016-2021)
3.6.2 China Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Japan Aviation Biofuel Production
3.7.1 Japan Aviation Biofuel Production Growth Rate (2016-2021)
3.7.2 Japan Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)

4 Global Aviation Biofuel Consumption by Region
4.1 Global Aviation Biofuel Consumption by Region
4.1.1 Global Aviation Biofuel Consumption by Region
4.1.2 Global Aviation Biofuel Consumption Market Share by Region
4.2 North America
4.2.1 North America Aviation Biofuel Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Aviation Biofuel Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Aviation Biofuel Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Aviation Biofuel Consumption by Country
4.5.2 Mexico
4.5.3 Brazil

5 Production, Revenue, Price Trend by Type
5.1 Global Aviation Biofuel Production Market Share by Type (2016-2021)
5.2 Global Aviation Biofuel Revenue Market Share by Type (2016-2021)
5.3 Global Aviation Biofuel Price by Type (2016-2021)

6 Consumption Analysis by Application
6.1 Global Aviation Biofuel Consumption Market Share by Application (2016-2021)
6.2 Global Aviation Biofuel Consumption Growth Rate by Application (2016-2021)

7 Key Companies Profiled
7.1 Red Rock Biofuels
7.1.1 Red Rock Biofuels Aviation Biofuel Corporation Information
7.1.2 Red Rock Biofuels Aviation Biofuel Product Portfolio
7.1.3 Red Rock Biofuels Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.1.4 Red Rock Biofuels Main Business and Markets Served
7.1.5 Red Rock Biofuels Recent Developments/Updates
7.2 Vega Biofuels
7.2.1 Vega Biofuels Aviation Biofuel Corporation Information
7.2.2 Vega Biofuels Aviation Biofuel Product Portfolio
7.2.3 Vega Biofuels Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.2.4 Vega Biofuels Main Business and Markets Served
7.2.5 Vega Biofuels Recent Developments/Updates
7.3 GEVO
7.3.1 GEVO Aviation Biofuel Corporation Information
7.3.2 GEVO Aviation Biofuel Product Portfolio
7.3.3 GEVO Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.3.4 GEVO Main Business and Markets Served
7.3.5 GEVO Recent Developments/Updates
7.4 PetroSun
7.4.1 PetroSun Aviation Biofuel Corporation Information
7.4.2 PetroSun Aviation Biofuel Product Portfolio
7.4.3 PetroSun Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.4.4 PetroSun Main Business and Markets Served
7.4.5 PetroSun Recent Developments/Updates
7.5 Archer Daniels Midland Company
7.5.1 Archer Daniels Midland Company Aviation Biofuel Corporation Information
7.5.2 Archer Daniels Midland Company Aviation Biofuel Product Portfolio
7.5.3 Archer Daniels Midland Company Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.5.4 Archer Daniels Midland Company Main Business and Markets Served
7.5.5 Archer Daniels Midland Company Recent Developments/Updates
7.6 Honeywell International
7.6.1 Honeywell International Aviation Biofuel Corporation Information
7.6.2 Honeywell International Aviation Biofuel Product Portfolio
7.6.3 Honeywell International Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.6.4 Honeywell International Main Business and Markets Served
7.6.5 Honeywell International Recent Developments/Updates
7.7 Targray Technology International
7.7.1 Targray Technology International Aviation Biofuel Corporation Information
7.7.2 Targray Technology International Aviation Biofuel Product Portfolio
7.7.3 Targray Technology International Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.7.4 Targray Technology International Main Business and Markets Served
7.7.5 Targray Technology International Recent Developments/Updates
7.8 Argent Energy
7.8.1 Argent Energy Aviation Biofuel Corporation Information
7.8.2 Argent Energy Aviation Biofuel Product Portfolio
7.8.3 Argent Energy Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.8.4 Argent Energy Main Business and Markets Served
7.7.5 Argent Energy Recent Developments/Updates
7.9 KFS Biodiesel
7.9.1 KFS Biodiesel Aviation Biofuel Corporation Information
7.9.2 KFS Biodiesel Aviation Biofuel Product Portfolio
7.9.3 KFS Biodiesel Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.9.4 KFS Biodiesel Main Business and Markets Served
7.9.5 KFS Biodiesel Recent Developments/Updates
7.10 Shirke Energy
7.10.1 Shirke Energy Aviation Biofuel Corporation Information
7.10.2 Shirke Energy Aviation Biofuel Product Portfolio
7.10.3 Shirke Energy Aviation Biofuel Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.10.4 Shirke Energy Main Business and Markets Served
7.10.5 Shirke Energy Recent Developments/Updates

8 Aviation Biofuel Manufacturing Cost Analysis
8.1 Aviation Biofuel Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Aviation Biofuel
8.4 Aviation Biofuel Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Aviation Biofuel Distributors List
9.3 Aviation Biofuel Customers

10 Market Dynamics
10.1 Aviation Biofuel Industry Trends
10.2 Aviation Biofuel Growth Drivers
10.3 Aviation Biofuel Market Challenges
10.4 Aviation Biofuel Market Restraints

11 Production and Supply Forecast
11.1 Global Forecasted Production of Aviation Biofuel by Region (2022-2027)
11.2 North America Aviation Biofuel Production, Revenue Forecast (2022-2027)
11.3 Europe Aviation Biofuel Production, Revenue Forecast (2022-2027)
11.4 China Aviation Biofuel Production, Revenue Forecast (2022-2027)
11.5 Japan Aviation Biofuel Production, Revenue Forecast (2022-2027)

12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Aviation Biofuel
12.2 North America Forecasted Consumption of Aviation Biofuel by Country
12.3 Europe Market Forecasted Consumption of Aviation Biofuel by Country
12.4 Asia Pacific Market Forecasted Consumption of Aviation Biofuel by Region
12.5 Latin America Forecasted Consumption of Aviation Biofuel by Country

13 Forecast by Type and by Application (2022-2027)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)
13.1.1 Global Forecasted Production of Aviation Biofuel by Type (2022-2027)
13.1.2 Global Forecasted Revenue of Aviation Biofuel by Type (2022-2027)
13.1.3 Global Forecasted Price of Aviation Biofuel by Type (2022-2027)
13.2 Global Forecasted Consumption of Aviation Biofuel by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer

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Content: Sutra of childbirth
Global air traffic before the epidemic
Mainland outbound tourism remains depressed, costs rise or impact profitability
After more than three years of COVID-19, the global aviation industry has taken off again.
According to data from travel data and analytics firm Cirium, global airline capacity is expected to surpass pre-pandemic levels this week, meaning that global aviation capacity will soon recover. At the same time, China, the world ’ s largest source market for tourists before the pandemic, has so far remained sluggish, mainly due to the complexity of visas and the decline in consumption.
It ’ s important to note that, despite the global airline ’ s poor capacity, airlines still face challenges, big and small.
The International Air Transport Association (IATA) estimates that overall airline profits are still 40% lower this year than they were in 2019, as business customers have yet to fully recover.
TD Cowen, an investment firm, also said that although industry revenue can return to 2019 levels, the cost is 18 to 19% higher than that of the previous year, mainly due to the 35 to 40% increase in compensation for various units and logistics staff, and the rising cost of fuel, which is squeezing the profitability of the industry.
Flights to and from the United States plummet by 90%
In the Chinese market, although domestic travel is recovering this year, overseas travel has not improved, especially under the tension between China and the United States, the number of flights between the two places has become more sparse, and the number of flights between the two countries is currently only 24, down 90% from the average of about 340 per week before the epidemic.
The same is true for Canada, where shipments between China and Canada in September were only about one-tenth of what they were before the pandemic.
However, just as the trans-Pacific route to the United States and Canada has become a "chicken rib", a number of mainland airlines are hoping to use the British market to make a comeback, because unlike European and American companies, mainland airlines are not bound by the Russian airspace ban, and the mainland has resumed British tours in August, creating an opportunity for mainland airlines to "gather" lost ground on US-Canada routes.
Statistics show that the number of seats offered by China International Airlines (00753), China Southern Airlines (01055) and China Eastern Airlines (00670) to Britain has increased compared with before the epidemic, while the number of seats provided by British Airways has dropped by nearly 40% compared with before the epidemic.
Wechat Long Vacation Travel Spending Surges 84%
At the same time, Finnair Oyj, once an expert on Asian routes, has also revamped its route strategy, and its CEO Topi Manner recently said that the company will retain only one-third of its Asian base and focus on the US, Middle East and India markets, indicating that overseas airlines are not as indispensable as they once were, and it is just as feasible to transfer to other countries.
On the other hand, Tencent Holdings (00700) WeChat yesterday released 11 long holiday part of the operation data, the national tourism, transportation, entertainment and other industries daily consumption, compared with the same period last year significantly increased, including tourism industry (including attractions, hotels, travel platform) increased by 84%, transportation industry increased by 46%, entertainment industry increased by 77%; the daily consumption of more than 20 cities in the Mainland doubled.
In terms of WeChat cross-border payments, the average daily consumption increased by more than 50%, and Hong Kong, Macau, Thailand, Singapore, and South Korea were the most popular overseas destinations, among which WeChat Pay increased the average daily consumption in Hong Kong by more than 40%.
Alipay, another mainstream payment method in the Mainland, also released 11 outbound travel service data, of which the country and region with the fastest growth in transaction volume is Estonia, followed by Qatar and Malaysia in the Middle East, and the overall number of outbound travel transactions by mainland residents has recovered to nearly 80% in the same period of 2019.
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Boeing: the world needs more than 40,000 new aircraft in the future, China needs one-fifth of the demand
The potential of the Chinese aircraft market after the epidemic.
According to Tang Rui, director of marketing for China at Boeing Civil Aircraft Group, global airlines will need 41,170 new aircraft in the next 20 years, and China will need 8,500 new aircraft, accounting for about a fifth of the total.
Torre noted that more than half of the world ’ s new aircraft are used to meet growth demand.
Among them, single-aisle passenger aircraft accounted for 75%, feeder jets accounted for 5%, wide-body technology accounted for 18%, and freighters accounted for 2%.
In addition, the global fleet is nearly doubling in size, with half delivered to replace older aircraft.
Earlier, according to the China News Agency, Boeing China President Sherry Carbary said in an interview that Boeing has delivered more than 2,000 aircraft to airlines and leasing companies in China.
At the same time, according to Boeing's latest Civil Aviation Market Outlook 2022, it is predicted that China's civil aviation industry will need to introduce nearly 8,500 new civil aircraft in the next 20 years.
More than $545 billion worth of civil aviation services will be needed to support the huge growth of the civil aviation fleet.
Celia also mentioned that China Aviation Manufacturing is involved in the production of all Boeing ’ s civilian aircraft models, including the 737, 747, 767, 777 and 787 Dreamliner.
At present, more than 10,000 Boeing aircraft flying around the world use Chinese-made parts and components.
Chinese civil aviation is expected to gradually recover from the epidemic.
The Civil Aviation Administration of China (CAAC) said on the 26th that CAAC will implement the flight plan for the 2022 / 23 winter and spring season from October 30, 2022 to March 25, 2023.
There are 840 international passenger flights per week, an annual increase of 105.9%.
In addition, in the first nine months of this year, the total investment of 79.85 billion yuan in infrastructure construction of the entire civil aviation industry was completed.
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Amr Sobhi writes: Women and sustainable development of the aviation industry
The aviation and aerospace industry is among the most important and innovative fields in the world, however, it is also one of the most male-dominated fields, with women constituting only a small percentage of professional roles in this sector.
This lack of diversity is a big problem, as women are not usually given the same opportunities as men to succeed in the industry.
Given this issue, industry leaders must take steps to combat gender inequality in aerospace and aviation to promote inclusiveness and equal opportunities for women.
While this year ’ s International Women ’ s Day theme of embracing equality has made industry leaders around the world reassess their engagement and retention strategies for the day, it ’ s important to ensure that your organization has a culture of inclusion and belonging throughout the year.
Highlight the importance of an inclusive workplace culture, and in research statistics on workers in the work environment by international organizations indicate that employees will leave their job if they feel they do not belong to their workplace, 72% of them consider that employer values and purpose are very important to understand the gender difference in work in general and performance in particular.
How big is the problem?
As women ’ s rights have made great strides in recent decades, industry leaders sometimes unconsciously assume that women are equally represented in the workplace (in numbers only) or, at least, similar to the number of male employees.
However, the problem of gender inequality and imbalances in practice for women in professional roles in the aviation and aerospace industry is one of the biggest challenges facing the aviation workforce.
Very few women hold senior leadership positions in the aviation and aerospace industry, for example, less than 6% of the UK ’ s 16,000 pilots are women.
In addition, the International Federation of Airline Pilots (IFALPA) reported in January 2020 that out of 185,143 airline pilots in the world, only 9,746 were women (5.26%), and 2,630 were pilots (1.42%).
Unfortunately, this percentage has decreased since January 2020 due to the negative impact of the redundancy policies caused by COVID-19.
According to the International Federation of Aviation Pilots (IFALPA) in January 2020 there were 185,143 aviation pilots in the world, of which 9,746 were women (5.26%) and 2630 were pilots (1.42%) (IFALPA 2021).
This percentage has since declined as aircraft have been negatively affected by redundancy policies due to COVID-19, resulting in a decline in U.S. aircraft numbers from 5.1% to 4.1%.
There may also be talk about the extent to which women air traffic controllers employ air traffic service providers around the world, as the number of female air traffic controllers is lower than that of male air traffic controllers.
Empowering women in aviation and space
The aviation and aerospace industry has traditionally been male-dominated, but there is hope that this will change in the coming years.
Industry leaders are increasingly seeking employment services to find talented women and encourage them to join the industry.
Women make invaluable contributions to the aerospace industry, bringing unique skills and perspectives that can help the industry grow and develop.
Therefore, strategic decision makers must take steps to ensure the promotion and empowerment of women in this sector.
So, the question becomes: How can you empower women in this area?
1. Effectively promote gender diversity and diversity in the workplace.
The aerospace industry is short and focused skills, which means employers must look for innovative ways to make women work.
Employers sometimes stumble when trying to develop strategies to effectively increase gender diversity, and it is not uncommon for an employer to struggle to uncover where they are wrong.
Here are some key pointers on how employers can successfully promote diversity — specifically, gender diversity — in the workplace to foster an equal environment.
2. Stay flexible
One way to encourage diversity in your workplace is to provide flexible working arrangements, which allow employees to work more flexibly and manage their own time.
A report on gender equality in the workplace for 2022 by a European study centre found that 60% of women in the survey cited work-life balance as having a significant impact on their careers.
Working women often have other commitments in life, from family to hobbies to personal projects, and a flexible work schedule and employer understanding is a tremendous addition to many women seeking employment in the industry.
3. Pledges to diversity
Employers in the sector must also commit to increasing diversity and inclusion in the workplace.
Prioritizing diversity and promoting an inclusive environment for women is essential to show potential employees that your organization values diversity and pushes for equal opportunities for women.
Diversity pledges can be made by identifying and signing documents that are committed to diversity and by implementing programs and initiatives that promote diversity, such as orientation programs, diversity training, and unconscious bias awareness training.
4. Change initiatives
Employers in the sector must address gender-based wage disparities and other problems that make it difficult for women to advance in the industry.
One of the best ways you can achieve this goal is through inclusive change initiatives, which can be done by committing yourself to changes such as pay transparency and job rotation based on gender.
In addition, employers must put in place policies to ensure that women are given fair and equal opportunities for career advancement.
5. Blind CV Applications
Finally, CV applications effectively ensure that candidates are evaluated solely on the basis of their skills and experience rather than gender or any other irrelevant criteria.
This process can help reduce the risk of unconscious bias, a common issue in the aviation and aerospace industry.
Blind CV applications and digital automation through the use of innovative online applications can also help ensure that hiring decisions are fair and objective.
By removing any personal information, such as name and gender, from the application, the job application can only focus on the candidate ’ s skills and experience to ensure that the most suitable candidate is selected for aviation jobs, regardless of gender.
5. Creating a guiding human development plan
Creating a mentoring scheme is a great way to help women survive and advance their careers in the aviation and aerospace industry.
INNOVATION STEERING PLATFORM is a mentoring platform designed for women by women working in the aerospace industry.
The mentoring scheme provides a practical way to promote gender equality for individuals, organisations and the entire sector.
With innovative solutions, your organization can focus more on attracting and retaining female employees in the best way.
How do organizations support women in aviation and aerospace?
Leaders of international organizations and developed governments are keen to support employers in addressing this gender imbalance and increasing the number of women in the aviation and aerospace industry.
It does this by acquiring talented female candidates to support the sector, and by helping to create attractive and diverse workplace environments.
In addition, organizations and governments are prioritizing unique ways in which employers can attract more women into the workplace and create a more diverse and inclusive environment.
Provide tailor-made employment solutions to attract more women to aviation and aerospace roles.

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Content: IATA: Aviation industry returns to profitability in 2023
October 05, 2021 05: 47
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The latest forecast by the International Air Transport Association (IATA) on Monday (4) predicted that the aviation industry will lose $11.6 billion next year, 78% less than expected this year.
IATA expects the industry ’ s losses to worsen this year from its initial forecast of $51.8 billion, but believes it will return to profitability in 2023.
Speaking at the annual general meeting, Willie Walsh, the association ’ s director general, said he believed the worst days for the aviation industry were over, but he regretted the lack of international uniformity in the COVID-19 safety protocols and vaccination certification.

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Content: Qatar Airways plans to buy about 150 wide-body aircraft to replenish its fleet, Bloomberg reported on Friday, citing people familiar with the matter.
Aviation and travel, one of the most affected sectors since the COVID-19 pandemic, have recovered as the skies open to aviation and demand for travel surges after countries took measures to curb the spread of the epidemic.
According to the agency, the Qatari company is in early talks with Boeing and Airbus to order up to 150 wide-body aircraft and renew its fleet of older long-haul aircraft.
The order is expected to be for Airbus A350 and Boeing 777X aircraft.
In an interview with CNBC on Friday, Qatar Airways chief executive Badr Mohammed al-Meir said the airline had placed an order for Boeing and Airbus to buy large new aircraft.
Qatar Airways, the official carrier of Doha and wholly-owned by the government of Qatar, plans to fly to more than 174 destinations by the end of March 2024, according to data presented at the IBT Tourism Fair in Berlin in March.
(Prepared by: Jihan Laghmari, Contact: zawya.arabic @ lseg.com)
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Content: China ’ s International Air Travel Market Expected to Boost - Sunrise Gate
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China's international air travel market expected to rebound
Beijing - DBA
Published on: Thursday 4 January 2024 - 11: 14 AM | Last updated on Thursday 4 January 2024 - 11: 14 AM
China ’ s international air travel market is set to boost its recovery, with the airline regulator predicting weekly flights will reach around 80 percent of pre-coronavirus levels by the end of the year.
China's Civil Aviation Administration said in a statement Thursday that weekly international passenger flights could rise to 6,000 by the end of 2024, compared with more than 4,600 currently.
The administration is also seeking to push for a "significant increase" in direct flights between China and the United States, but did not provide further details, but the plan is part of an agreement between U.S. President Joe Biden and his Chinese counterpart Xi Jinping in November.
The FAA expects 690 million domestic and international passenger flights this year, up 11 percent from 2023.
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Content: Global Economic News
Study: Limited capacity hinders strong airline rebound
A study by the German credit insurance company Allianz Trade attributed the continued high air ticket prices to the scarcity of supply of newly completed aircraft.
Manufacturers are slowly recovering from a slump in deliveries in 2020 and will not reach the pre-crisis level of about 1,600 new passenger planes this year as well.
For airlines, this is likely to mean a return to the profitable zone in the event of a sharp increase in demand after the coronavirus crisis and a drop in kerosene prices.
The study indicated that airlines could sell one seat at a much higher cost than in 2019, increasing their profit margins.
Ticket prices between the United States and Europe increased by 23% during the year.
Milo Bogarts, chief executive of Allianz Trade, said: “After three years of heavy losses, the aviation industry could return to profitability in 2023 – earlier than expected.
However, limited capacity remains a constraint.
This would hinder a strong recovery for airlines right now.
For consumers, this also means that flying remains expensive. ”
The company bases its study on the forecasts of the airline consortium IATA, which expects a profit of $9.8 billion for 2023.
By comparison, before the pandemic, airlines were making $26.4 billion in profits in 2019.
According to ITU estimates, global air traffic will grow to 4.35 billion passengers this year, a drop of just four percentage points compared to 2019.
Airlines and airports across Europe faced heavy criticism in the summer of 2022 for delays and long queues as the industry struggled to meet rising demand after most restrictions related to the COVID-19 coronavirus were lifted.
This summer, many better-prepared airlines and airports are preparing for another hectic summer, and one of the key questions will be whether passengers will move from point A to point B in good time and without hassle.
A chosen airline may be a good indicator.
In May, Norway ’ s Air Shuttle was Europe ’ s most disciplined airline, landing 89.25 percent of its flights on time, according to UK-based aviation analytics firm Siriam.
Polish national carrier LOT came in second, and Finnair and Austrian Airlines reached the top five with more than 80 per cent of its aircraft touching the ground on time, which Siriam ranks within 15 minutes of schedule.
Colombia's Avianca Airlines was the most disciplined airline in the world, according to Siriam, followed by US giant Delta Airlines.
Avianca's regional rival, Latam, with Spanish airline Iberia in third place, followed by Japan's first Nippon Airways.
In terms of airports, the top five options for controlled travel are in the Americas, with Minneapolis St Paul Airport ranked first globally and Bogota Airport ranked second.
Oslo Airport topped the European rankings with 86.1 per cent of its aircraft touching the ground on time.
Malaysia Airports Holdings said its airport network recorded nearly 10 million passengers in May, driven by a strong recovery from operations at home and in Turkey, and was close to pre-coronavirus levels.
The volume of travel exceeded 9.5 million passengers in December last year, the highest figure since the outbreak of the coronavirus pandemic in March 2020.
Airports in Malaysia recorded 6.8 million passengers, while the international sector was close to 3 million, with a significant increase from Indonesia, the UAE and China.
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$1.158 trillion in total spending on business trips in 2023
Business travel spending is expected to reach $1.158 trillion in 2023, surpassing the $1 trillion mark for the first time since the coronavirus pandemic in 2020.
In a sign of the recovery of the aviation sector, which has suffered for two years from weak demand.
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Aircraft manufacturers are adapting to new market dynamics driven by environmental regulations, technological advancements, and shifting regional demands.

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Business News/ Opinion / Views/  Clean aviation will take more than just biofuels
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Clean aviation will take more than just biofuels

As prime mover of the Global Biofuel Alliance, India hopes to become a major supplier of sustainable aviation fuel. Whether bio-blends can clean up the sector, though, is unclear

Union minister Hardeep Singh Puri recently said that the Global Biofuel Alliance (GBA) could turn India into a major producer and exporter of sustainable aviation fuel (SAF). He was referring to a class of biofuels that could potentially reduce the climate-harming gas emissions of aircraft by up to 80%, as widely touted. With jet engines burning fossil fuels, aviation accounted for 2% of all carbon exhaust in 2022, a slice that will widen rapidly unless this sector finds a way to decarbonize. Electric planes of jetliner size remain a challenge of technology. They would need very light-weight batteries. As take-offs demand enormous thrust, an airframe design that can get airborne on electric power remains a steep ask. Until key breakthroughs are made, there will be no estimated-time-of-arrival for clean air travel. Hence, the industry’s best bet right now for carbon neutrality is the adoption of SAFs (combined with carbon capture). This is a transition that the GBA aims to accelerate.

The SAF-led path to carbon neutrality, however, is unlikely to be smooth, strewn as it will be with various possible air pockets. Consider SAF supply capacity. Biofuels typically require vast quantities of agricultural produce. Ethanol yielding crops like sugarcane and corn are used for it and their acreage has been increasing across the world. Yet, as it involves a diversion of farm resources away from primary purposes like nutrition, output constraints will kick in sooner than we’d like. Thankfully, other kinds of biomass can be used too. The government has indicated that India’s SAF plans are based on making use of bio-waste—like used cooking oil, forest residue and agricultural and municipal refuse—apart from non-food crops. Even so, feedstock sufficiency will be hard fought. The idea is to start with a blend of very little biofuel—say 1%—mixed with regular jet fuel, and then gradually raise the bio-content as SAF-adapted aircraft come along. According to Puri, even if a 50% mix comes into use by 2030, our domestic needs would be less than half of what the country could make. If so, it would be impressive, but that’s a big ‘if,’ given what all it will take. Right now, SAFs make up barely 0.1% of global aviation fuel consumption. Their long and complex production process makes them far costlier than jet fuel and their low energy density means larger volumes are needed to refuel planes. As with batteries, this is a burden.

Clearly, SAF conversion will require a heavy regulatory push. Globally, this has begun as carbon offsets slowly come into play under the Carbon Offsetting and Reduction Scheme for International Aviation laid down by the UN’s apex body for this sector. Foreign flights run by Indian airlines will have to comply with those norms within half a decade. To this end, we have made a small start. On 19 May, we celebrated a Pune-Delhi AIX Connect flight that used a 1% SAF blend produced locally. This is the direction in which Indian air carriers will be prodded as soon as we have enough of the stuff. The real test of SAFs, however, will come once carbon trading—in a market where companies buy and sell the ‘right to pollute’—assumes significance, wider track records emerge, and all claims are put to rigorous scrutiny. Sceptics abound of their emission-cutting claim of 80% even in a best-case scenario. Whether an SAF shift will actually help clean up aviation won’t be known for many years. The innovations we’ll eventually need might have to focus on aeroplanes more than what goes into fuel tanks.

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Content: The official reason is called broken tires during takeoff.
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“Passengers of flight ZF-3604 will be offered a hotel, hot meals and soft drinks in anticipation of departure to Moscow. ”
The Daily Mail writes that the reason may ultimately lie in the current sanctions: Russian airlines are suspected of using aging aircraft without proper maintenance.
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Content: Arabian Travel Market focuses on innovation and sustainability in the aviation industry
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Taking place from May 6 to 9 at the Dubai World Trade Centre (DWTC), ATM 2024 will host some of the world ’ s leading airlines and aircraft manufacturers to discuss the industry ’ s latest innovations and solutions, highlighting sustainability and the role of start-ups and innovators in taking the aviation industry to the next era.
With the theme ‘ Empowering Innovation: Transforming Travel through Entrepreneurship ’, ATM will support startups and innovators who are making a significant contribution to the travel and tourism industry. In line with this focus on innovation, ATM has partnered with AviationXLab and Intelaq, which have a shared mission to revolutionize the travel industry by providing an ideal platform for startups and innovators.
Founded in 2017, AviationX Lab is an aviation incubator that brings together global aviation leaders, Emirates, Thales Group, Collins Aerospace, GE Aerospace and Airbus, to reshape the future of the aviation industry through innovative and sustainable ideas. Intelaq ’ s programs include Intelaq Ideas Lab, Intelaq Incubator and Intelaq Accelerator, which supports startups and promotes the development of new ideas. Challenges in the travel, aviation and tourism sectors.
Airlines participating in this year ’ s show include Emirates, flydubai, Saudi Arabian Airlines, flynas, Qatar Airways and EgyptAir, which will debut at ATM 2024.
In addition, private jet companies MyFair Jets Group and Air Charter Services will also be present at the show, with Emirates becoming the first airline to operate a test flight of an Airbus A380, powered by 100% sustainable aviation fuel, and one of the latest fleets in the industry, investing in more environmentally efficient aircraft.
Sustainability
Adnan Kazim, Vice President and Chief Commercial Officer of Emirates Airline, said: “At Arabian Travel Market this year, Emirates is focusing on sustainability, with a greater focus on education, interaction and active engagement for visitors to our stand.
“As an airline, we are committed to reducing our carbon footprint and will showcase initiatives we have already implemented, such as incorporating sustainable materials on board, where visitors to ATM 2024 will be able to see how Emirates is embracing the sustainability ecosystem. ”
The four-day ATM conference program will feature presentations by global travel and tourism leaders, and will also highlight aviation innovation on May 7, when industry leaders from Cerium, Riyadh Air and IATA will gather on the global stage for a session titled “Looking to the Sky for Innovation: How Aviation is Changing ”.
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Content: Featured ArticlesEconomyInternational
Aircraft maintenance workshops enjoy post-pandemic boom
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Aviation suppliers handling aircraft maintenance are enjoying a boom thanks to the rebound in air travel and slow deliveries of new aircraft.
Strong demand for services in this category is evident in the hangars in Rockford, Illinois, owned by AAR, an industry leader with a market capitalization of $1.7 billion.
Technicians there are busy working on aircraft for clients such as United and Southwest Airlines.
“Our hangars are pretty full, ” CEO John Holmes said, adding,“ When you have people, you have planes, that ’ s a good mix. ”
Two major forces are working to bring aircraft to AAR facilities, and they will likely continue to do so for years, Holmes said.
First, passenger traffic recovered significantly last year after collapsing in the early years of the coronavirus pandemic.
Although global air travel is still about 20 percent lower than in 2019, in the United States it has largely returned to pre-pandemic levels.
Some 76 million people traveled in the United States in October, just 3 percent below the same month ’ s level in 2019, according to the latest government data available.
Following the reopening of China ’ s doors following strict closures caused by COVID-19, more aircraft are expected to return to the skies.
Second, the top manufacturers of Boeing and Airbus are struggling to meet the demands of all new airlines.
The result is that carriers should stick to older planes longer, paying more for spare parts and service.
Repair workshops recorded a 19 percent increase in sales in the fourth quarter of 2022 compared to the previous year, according to research by analyst Ken Herbert of RBC Capital Markets, while returns from parts vendors grew 15 percent.
“Airlines are struggling to keep up, which means they have to spend more on planes (in their fleets).
It was a big back wind. ”
United spent $2.2 billion on parts and repairs in 2022, up 20 percent from 2019 and up 64 percent from 2021.
The airline said its planes worked more, adding that it plans to schedule more engine repairs, full maintenance and accommodate price increases.
Delta also reported a 13 percent increase in spare parts and repair costs during 2019.
The survival of jet aircraft grounded early in the pandemic had another effect: airlines, restricted in terms of money, postponed maintenance.
These companies avoided costly engine repairs by replacing engines that recorded fewer flying hours with their older ones.
According to Robert Spingarne, an analyst at Milius Research, as supplies for new aircraft manufacturers are choking and the range of engines with fewer flying hours is dwindling, airlines have to “continue flying with outdated aircraft whose warranty period has expired, consuming spare parts and needing repairs. ”
"Companies that sell spare parts and accessories are taking advantage of this situation."
Among them is Florida-based Hiko, which has a market capitalization of nearly $20 billion.
Its sales of $610 million and operating income of $147 million hit record highs in the quarter ended October 31, surpassing pre-2019 levels.
Hiko competes with companies such as General Electric ’ s aviation division, which makes parts for the jet engines it makes.
General Electric reported Tuesday that its spare parts sales reached $32 million a day in the fourth quarter, up 34 percent from the same period in 2021.
Boeing said Wednesday that its service business, which includes the sale of spare parts, made a profit of $634 million in the fourth quarter of 2022, up 58 percent from the previous year.
Hiko ’ s products are the same as those made by original equipment manufacturers, but they are less expensive, similar to alternative pharmaceuticals.
Airlines have historically resisted replacement parts, but Victor Mendelsohn, co-chairman of HECO, said their position is changing as they face the challenge of aircraft service with fewer parts available from OEMs.
“We ’ re already selling to almost every airline that can buy from us, but we ’ ve been selling more than that.
Resistance is going down... because, firstly, companies need parts, and secondly, they love the features that our products offer. "
Holmes, from AAR, reported increased demand for used parts that his company sells to airlines and engine repair companies.
But as fewer airlines abandoned older aircraft, the source of used parts, AAR had to comb the market to find them.
A total of 366 aircraft were decommissioned in the 12 months to December, down 15 percent from the previous year.
AAR, based near Chicago ’ s O ’ Hare International Airport, reported sales of $470 million in the quarter ended Nov. 30, 16 percent less than the same quarter in 2019.
The company ’ s net income of $23 million was 58 percent higher than in the same period in 2019.
While AAR ’ s sales volumes have not returned to pre-pandemic levels, Holmes said, “We feel we are on the right track. ”
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Airbus Reveal The Future Of Travel In 2035

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Yesterday, Airbus held a press conference to launch their new vision for how flying could be more sustainable and decarbonized in the future and what the passenger experience may look like. The focus was on the aircraft cabin, which research shows can contribute between 10-20% to the aircraft's overall environmental impact during its lifecycle.

The aircraft manufacturer is working with ten major airlines, including the Lufthansa Group and Delta, as well as eight technology partners, to work on new concepts for future cabins. The aim is to ensure future cabins are less damaging to the environment while still delivering an improved traveler experience.

The most powerful lever that Airbus can pull to reduce the impact of the cabin is to reduce its weight. Creating lighter, bionic designs for new cabins could help reduce their weight by up to 40%. Before the flight, passengers would be invited to pre-order their meals for long-haul flights. Several airlines already offer these options, with some going further and giving the choice of stating you do not want a meal at all, such as Japan Airlines and Delta. The airline knows in advance what meals to load, so it carries less weight which reduces fuel costs, and there is less waste. It could even mean dispensing with the galley area altogether on short flights.

Another interesting concept was that of shorter flights, giving passengers a pre-order choice that they collect prior to boarding. Again, while reducing waste, this would further reduce the weight due to needing fewer trolleys for service, which are heavy. Airbus believes it could help reduce food waste and weight by up to 15%. In the future, passengers should be provided with more transparent information about their individual journey's carbon footprint and use technology to offer more choices, such as carbon offsetting or meal choices.

Onboard, there will be further use of technology to allow passengers to operate everything using their own smartphones. Virgin Atlantic recently launched its new Airbus 330neo cabin, which gives passengers the ability to control the in-flight entertainment using their own device, even in economy.

Airbus has a vision that future cabins will have more nature-based cabin designs with a sense of space and light. However, aircraft manufacturers often devise these concepts only for airlines to try to cram in as many seats as possible to maximize profits. There will also be a long-term focus on how aircraft cabin manufacturers can reuse materials or parts and use elements made from recycled materials. Not only is this better for the planet, but it could lead to lower costs for producing new aircraft cabins.

Of course, all the initiatives to reduce weight would be less critical to the environment if sustainable fuel was used more. SAF (sustainable aviation fuel) is already being produced and has been used on a number of commercial flights. However, less fuel burn of any kind is always a way to reduce costs for airlines, no matter how small the weight difference. However, Qatar Airways CEO Akbar Al Baker recently commented on the feasibility of SAF production, saying he doubts achieving the target of 65% of airline fuel being sustainable by 2050 is achievable.

Airbus is expected to reveal more details of its Cabin Vision 2035+ concepts at the AIX Aircraft Interiors Expo, which takes place in the first week of June.

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Content: EU launches zero-emission aviation alliance to welcome carbon-neutral aircraft
PARIS (AFP) - The European Commission today urged the aviation industry to join its Alliance on Zero Emission Aviation in preparation for the arrival of carbon-neutral aircraft.
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The European Commission envisages a zero-emission aviation alliance with representatives of aircraft manufacturers, airlines, airports, energy companies and fuel suppliers, passenger and environmental interest groups, and regulatory and certification bodies.
The Commission said all participants would work to “identify all barriers to commercial service of this type of aircraft and develop a set of recommendations and a development plan to address these barriers, as well as to promote investment plans, while creating synergies and momentum among members ”.
Aviation currently accounts for 2.5% to 3% of global CO2 emissions.
Decarbonisation of the aviation sector is one of the major challenges for the EU to reach its carbon neutrality target by 2050.
And in the near future, if the aviation industry is to reduce its carbon footprint, it will have to replace current fossil fuels with sustainable aviation fuels.
Aircraft manufacturers are also working to introduce regional aircraft with hybrid or electric propulsion, with a maximum range of hundreds of kilometers.
European aircraft manufacturer Airbus is developing a hydrogen-powered medium-range aircraft with a target of commercial service by the end of 2035.

Title:

Content: Aviation Industry Summit May 24, 2022 in Abu Dhabi
The sixth edition of the Global Aerospace Summit will be hosted by Mubadala Investment Company (Mubadala) in Abu Dhabi on 24-26 May 2022, and will be held in person with the participation of global aviation, aerospace and defence leaders.
The summit, which will be held under the theme of “Digitally Backed Prosperity ”, will review the rapid transformation witnessed by the aviation, aerospace and defense sectors in recent years, and the role of innovation and technology in the development of their businesses in the coming period.
Given the growing interest from aviation and defense companies in advanced digital and Fourth Industrial Revolution technologies, primarily artificial intelligence, robotics, data analysis and automation, the summit will highlight the impact of digitization and advanced technologies in enhancing efficiency and sustainability in the aviation, aerospace and defense sectors.
The sixth edition of the Global Aerospace Summit is a strategic gathering with a personal presence that provides aviation, aerospace and defense leaders with the ideal environment to facilitate global trade and address the real challenges facing the sectors.
Badr Selim Sultan Al Olama, Executive Director of Strategic Parks at Mubadala Investment Company, said: “The aviation industry is evolving at a rapid pace as we continue to innovate and adapt to our new realities.
Mubadala continues to build new partnerships in this sector, investing in it and expanding future growth through the development of digitization and automation technologies. ”
“The summit provides an ideal platform for industry leaders to explore solutions to accelerate recovery and growth, and to discuss the latest strategies and ideas shaping the future of aviation, aerospace and defence.
We look forward to welcoming our partners from around the world to Abu Dhabi, in line with our drive to promote digital development in the industry globally. ”
The Global Aerospace Summit will pave the way for further recovery in the aviation and space sector in the wake of the unprecedented impact of the coronavirus crisis.
Aviation representatives and leaders emphasized the need for governments to move away from conservatism and instead manage the risks associated with the epidemic crisis to ensure that travel activities resume at a normal pace.
The summit will also highlight the urgent need to strengthen cooperation between governments and the private sector to support the future growth of the aviation and space sectors at large.
The summit will organize panel discussions to discuss the most important challenges and topics affecting the commercial aviation and space sector, maintenance, repair and operation.
Payment Systems
The next event will include the Future Payment Systems Working Group, which will provide solutions to boost the industry ’ s adoption of new technologies, with a special focus on investment activities and infrastructure requirements. The summit will also focus on enhancing partnership opportunities by organizing bilateral cooperation sessions dedicated to the sector ’ s priority markets.
Participants at the summit will discuss plans for the Next Generation Leaders program, which is aimed at building capacity and developing the skills of students, graduates and young professionals in the aviation, defense and aerospace sectors.
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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 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 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 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 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 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 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 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 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 aircraft market?

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

This report analyzes key trends shaping the aerospace sector, identifies leading manufacturers positioned for growth, and explores regional market dynamics to guide investment decisions in aerospace stocks.

Title:

Content: Unbuckle your seat belts – we ’ re not going anywhere.
The cancellation of flights could become a “new reality ” in Europe
The price of jet fuel in Europe has increased by 89% since the beginning of the year.
But this is unlikely to know my friend, who lives somewhere in the outback in France (still does not get the name of her village) and is engaged in housekeeping.
She called me the other day and almost cried, telling me that she did not congratulate her mother ’ s friend on her anniversary – she planned to fly to Germany, but the prices for air tickets, which previously cost 20-30 euros, reached astronomical values: 245 euros, 560 euros and even almost a thousand!
“What madness? ” she asked me.
Madness is not the word.
All airports and airlines.
Even low-cost airlines, which used to sell air tickets within Europe for 5-15 euros on “Black Fridays ”, seemed to fall off the chain.
So what happened that after two covid years we are faced with a new test in the form of a very bad, not withstanding any criticism of the air service and high cost?
* * *
“Price war for European airlines – fasten your seat belts, ” the study with such a non-trivial title was published by analysts of Allianz Trade, the world ’ s largest insurer of export credits.
And, going far ahead, it is worth noting that the conclusion for all of us is disappointing.
“Flight cancellations could become the new norm in Europe as airlines seek to protect profits amid rising jet fuel prices (+ 89% since the beginning of the year), ” the researchers wrote.
The industry is killing not only a rabid, uncontrolled increase in fuel prices, probably due to the policy of sanctions against Russia (the end of the edge is not visible), but also two other problems that go under the sign of the star of underfunding – shortage of personnel and protests of workers in the aviation sector.
Analysts believe that European airlines have little incentive to address staff shortages in the short term.
And this is despite the fact that wages account for 25% of revenue (while the world average is 19%).
As a result, after years of declining airline ticket prices (from May 2014, when kerosene prices began to fall, to May 2020, the cost of airline tickets fell by 39%), their growth began.
In 2022, according to analysts, in the first 5 months of this year, prices increased by 12% (in fact, it seems much more!).
Allianz Trade expects their value to grow by at least 21% this year.
For consumers, this is shocking news, and for airlines it is, because, “While this will increase revenue by + 102% year-on-year in 2022, it will not be enough to prevent a third consecutive year of net losses ($-9.7 billion). ”
Experts believe that European airlines will not break even until 2023.
* * *
Under this progressive industry in Europe, a time bomb is being laid, inventing increasingly sophisticated eco-conditions.
“In the long term, the green transition represents an even greater disruption for airlines in Europe, given the growing competition from rail operators, which produce 85% less CO2 than aircraft and are state-owned (i.e. have financial support for investment), ” the experts note.
In addition, airlines require disproportionate investment.
“The renewal of the fleet of old generation aircraft in the conditions of higher rates and lower ratings will be costly for the sector, whose debt increased 1.4 times in 2020.
The new rules for the use of environmentally friendly aviation fuel (2.5 times more expensive) will also cause additional damage to the margin: a mandatory mixture of 38% / 62% SAF / kerosene by 2045 will increase refueling costs by 57%, ” the authors of the study specify.
* * *
In 2020, blockades and border closures forced airlines around the world to take drastic austerity measures, including suspending dividend payments, reducing capital expenditures to a minimum, moving to more rational working capital management and, most critically, laying off staff.
While airlines in Europe were cutting staff in 2021, their counterparts in the Americas increased their staffing by an average of 14% yoy.
“Now a shortage of staff, coupled with strikes by current employees demanding higher wages and better working conditions, has led many airlines to cancel flights.
This, in turn, led to an increase in prices – the average air fares in Europe rose from $193 in February 2022 to $215 in May, ” the experts note.
They believe that in the short term, a shortage of flights could benefit airlines as they can increase revenue by increasing fares rather than volume.
"By doing this, companies can offset the negative effects of rising jet fuel prices and delay the additional costs of hiring more workers," Allianz Trade said.
* * *
And consumers, of course, this situation hits their pockets, and very hard.
But there is nowhere to go: people want to live, travel, enjoy the moment, collect impressions, and not just live their day.
The second half of the year has a high summer season, when everyone rushes to the sea in the southern countries of Europe, as well as national holidays, including Christmas, at the end of the year.
As a result, the demand for airline tickets is increasing.
“In 2019, the global load factor averaged 90% in Q3 and 85% in Q4 for Europe.
Today it stands at 77% and 71% respectively, showing clear signs of recovery.
In addition, after the pandemic quarantine, consumers appear to be more willing to travel, preferring to shorten the duration of their trips or stay in less expensive rooms to offset higher transportation costs, suggesting that travel is no longer considered discretionary as it used to be.
There are purely speculative options for the development of events when, for example, a railway car will be able to replace an aircraft.
However, the loss of time on the road (despite the fact that it is very environmentally friendly and even aesthetically pleasing) is unlikely to open a new reality for potential customers.
Time decides everything.
Even if they reschedule your flight.
* * *
© ZONAkz, 2022г.
Reprinting is prohibited.
Only hyperlinks to the material are allowed.

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Content: Fragmentary Advancements in Fragile Coatings Fuel Growth Prospects for Honeycomb Packing Paper Market. FMI Analysis Reveals Untapped Opportunities for Players

The honeycomb packaging industry in the United States is gaining popularity due to its sustainable and adaptable nature. As an environmentally friendly alternative to traditional plastic packaging, honeycomb packaging helps reduce environmental pollution. The honeycomb packing paper industry is projected to grow at a compound annual growth rate (CAGR) of 2.7% by 2034.

NEWARK, Del, June 27, 2024 (GLOBE NEWSWIRE) -- The honeycomb packing paper market is witnessing expansion at a CAGR of 4.3%, reaching a valuation of USD 149.3 million in 2024. The industry is likely to cross USD 227.5 million by 2034. The increased online sales and innovations have brought lucrative opportunities in the global market. Consumers are looking forward to convenient, water-resistant, and moisture-resistant packaging, increasing the demand for honeycomb wrapping paper.

The demand for honeycomb packing paper has surged due to the increasing incidents of product damage and wastage during transit. Such robust packaging solutions have become essential to ensure the safe transportation of valuable items such as heavy consumer electronics, industrial machinery, glass products, and other sensitive equipment. As products become more valuable and the consequences of damage more costly, the need for reliable and durable packaging solutions like the honeycomb packing paper market develops.

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The honeycomb packing paper market is particularly advantageous due to its lightweight yet strong structure, which provides excellent cushioning and shock absorption. Such initiatives make honeycomb paper ideal for protecting heavy and delicate items during shipping. The hexagonal cells in honeycomb wrapping paper distribute weight evenly and absorb impact, reducing the risk of damage significantly. Such innovative design is crucial for industries where the integrity of the product is paramount, such as electronics and machinery.

The rise of the e-commerce sector has further amplified the demand for honeycomb packing paper. With the proliferation of online shopping, the volume of products being shipped has increased exponentially. Consumers now expect fast and reliable delivery of their purchases, which necessitates the use of packaging that can withstand the rigors of transportation. E-commerce companies prioritize reducing return rates due to damaged goods, making honeycomb wrapping an attractive option due to its superior protective qualities.

The decline in footfall at traditional retail outlets has shifted the focus towards direct-to-consumer shipping, further boosting the need for robust packaging solutions. Retailers and manufacturers are now more reliant on effective packaging to ensure their products reach consumers in perfect condition, reinforcing the demand for honeycomb packaging paper.

“The increasing demand for honeycomb packing paper is driven by transit product protection, e-commerce growth, decline in physical retail, and the push for sustainable packaging solutions. As businesses prioritize product protection and environmental responsibility, honeycomb packaging is expected to gain popularity.” says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).

Key Takeaways from the Honeycomb Packing Paper Market:

  • Unbleached honeycomb paper claims a significant revenue share of 59.8% in 2024.
  • The demand for honeycomb packaging in the United States is predicted to exhibit a CAGR of 2.7% by 2034.
  • In 2024, the wrapping with honeycomb paper dominated the market with revenue share of 47.8%.
  • The honeycomb packing paper industry in the China is anticipated to see a CAGR of 5.8% from 2024 to 2034.
  • The honeycomb packing sector in India is projected to showcase a CAGR of 6.3% through 2034.

Competitive Analysis of the Honeycomb Packing Paper Sector

The honeycomb packing paper market is a competitive and fragmented space with numerous companies struggling for market share. Leading manufacturers focus on product innovation, developing wrapping papers in various sizes and designs, and exploring new features like integrated portion control markings.

Market players adopt a multi-pronged approach, including strategic partnerships with retailers, online advertising campaigns, and continuous investment in research and development. Such approach helps expand product portfolios and solidify customer bases within the ever-evolving honeycomb packing paper market, benefiting consumers through continuous innovation and product development.

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Recent Industry Developments in the Honeycomb Packing Paper Sector

  • In keeping with the packaging industry's rising emphasis on sustainability, Fourniture Industrie Service (FIS) created a sustainable bubble wrap composed of recycled kraft paper in February 2024. It is intended to provide lightweight, flexible protection for fragile objects.
  • Packaging expert Canpac, situated in Ahmedabad, established a branch called Altpac in October 2023 that specializes in eco-friendly packaging for retail and e-commerce. The division will provide environmentally friendly substitutes, such as boxes, shopping bags, and eCommerce mailers. In order to guarantee operational effectiveness and brand consistency, Altpac will make use of Canpac's pan-Indian operations.

Key Players of the Honeycomb Packing Paper Industry

  1. EcoCushion Paper
  2. Ranpak Holdings Corp.
  3. Vérité Eco Packaging
  4. Primepac
  5. The Packaging Club
  6. CPS Paper Products
  7. BENZ Packaging
  8. Modepack d.o.o.
  9. Sealed Air Corporation
  10. Smurfit Kappa Group
  11. DS Smith
  12. Packaging Corporation of America
  13. Pratt Industries
  14. Mondi Group
  15. International Paper
  16. WestRock Company
  17. Ranpak Holdings Corp.
  18. Huhtamaki Oyj

Key Segments of the Honeycomb Packing Paper Industry

By Grade:

In terms of grade of paper, the industry is bifurcated into bleached and unbleached paper.

By Application:

In terms of application, the industry is segregated into cushioning, void fill, and wrapping.

By Thickness:

The industry is classified based on the thickness of paper, as up to 80 GSM, 80 to 100 GSM, and above 100 GSM.

By Region:

Key countries of North America, Latin America, Europe, East Asia, South Asia, Middle East and Africa (MEA), and Oceania have been covered in the report.

Report Preview: https://www.futuremarketinsights.com/reports/honeycomb-packing-paper-market

Authored by:

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

Have a Look at Trending Research Reports on Packaging Domain:

The global flexible packaging paper market size is anticipated to be worth US$ 58.4 billion by 2034. According to the estimates, the market is projected to clock a 2.3% CAGR until 2034.

The global protective wrapping paper market is estimated to register a CAGR of 5.9% during the forecast period and is reach US$ 7,077.7 million by 2034.

The seed paper bag market is set to develop at a sluggish but consistent CAGR of 2.70% through 2034.

The colour changing packaging market share is estimated to reach USD 2,178.5 million by 2034, and is set to exhibit a CAGR of 4.2% from 2024 to 2034.

The global hemp paper bag market is anticipated to reach a value of USD 1,305.9 million by 2034 from a valuation of USD 654.6 million in 2024. Covering global borders at a CAGR of 7.1%.

Global consumer packaging market size predicted to reach a staggering US$ 950 billion by 2034. With projected to increase at a CAGR of 3.8% over the forecast period.

The Meat Packing Paper Market demand will reach 4.50% CAGR from 2024 to 2034. By 2034, the market is poised to reach US$ 310 million.

The global food liner paper market is estimated value of US$ 6.1 billion by 2034. While the last five years from 2019 to 2023 was healthy at 4.20%, the CAGR expected for the next ten years is forecasted to slow down to 2.70%.

The plastic food wrap market is foreseen to reach US$ 5.28 billion by 2034, progressing at a modest CAGR of 4.20%.

The packing paper market is anticipated to have an effective CAGR of 4.8% during the period of 2022 to 2032. In addition, is expected to expand from US$ 45.3 Billion in 2022 to US$ 72.4 Billion in 2032.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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### Key Trends Driving Aircraft Demand

1.

Title:

Content: There were 1,547 press releases posted in the last 24 hours and 400,821 in the last 365 days.

Inflatable Tent Market Sales Set to Total USD 2307.9 Million by 2034 Amid Rising Demand for Lightweight and Compact Tents among Consumers | Future Market Insights, Inc.

The rise of social media and travel influencers has significantly boosted the popularity of inflatable tents. With ecotourism and glamping trends driving demand, the market is thriving. Government regulations on camping structures in national parks further support this growth.

NEWARK, Del, July 10, 2024 (GLOBE NEWSWIRE) -- According to a Future Market Insights (FMI), the global inflatable tent market size is estimated to be valued at USD 1119.8 Million in 2024. Global sales in the inflatable tent market are set to total USD 2307.9 Million by the end of the forecast year. This growth is pushed by rising demand for travel-friendly products. The market is projected to witness a CAGR of 7.5% from 2024 to 2034.

The global growth of the industry is attributed to the evolving consumer preferences toward glamping. Companies are working toward making these tents durable, sustainable, and more lightweight.

The tourism industry is growing at a high rate, which is expected to fuel sales in the camping segment. Coupled with this, surging per capita income and willingness to spend on camping gears will drive sales of inflatable tents.

Climate change has led to the adoption of sustainable processes that lower the environmental footprint of companies, thereby catering to environmentally conscious consumers. These tents are progressively finding applications in various sectors. High versatility, compact nature, and novel features make these attractive options for campers. Brands that are able to capitalize on emerging market trends will experience a surge in sales.

Request Sample Report to Analyze Key Trends in the Industry! https://www.futuremarketinsights.com/reports/sample/rep-gb-7105

PVC is the most sought-after material type amid the growing environmental concerns and a shift toward using sustainable materials in the production of tents. The targeted segment is anticipated to hold a value share of 98.4% in 2024.

Self-erecting tents, owing to their ease of setup, are estimated to lead the industry based on type, with a value share of 65.4% in 2024. India is emerging as the dominant market for inflatable tents, with an estimated CAGR of 11.2% during the forecast period of 2024 to 2034.

Inflatable tents are being heavily promoted through social media platforms. Influencers play a crucial role in connecting companies to their target audience and sharing valuable insights regarding these tents. Several market research studies indicate that the sector is estimated to expand considerably over the forecast period.

Key Takeaways from the Market Report:

  • The global inflatable tent market is set to reach USD 2307.9 Million by 2034, with a CAGR of 7.5%.
  • Based on material type, the PVC material segment accounted for a market share of 98.4% in 2024.
  • By type, the self-erecting tent segment is leading with a market size of 65.4% in 2024.
  • India is anticipated to record a dominant CAGR of 11.2% between 2024 and 2034.
  • Sales in Italy are forecast to spike at a CAGR of 4.9% by 2034.

“The inflatable tent industry is booming because of its ease of setup and high portability. Technological innovations are expected to drive the progress of the market, thereby ensuring robust growth throughout the assessment period,” – opines Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

What Are The Key Factors To Increasing Demand For Inflatable Tents?

Urbanization plays a crucial role in the growth of outdoor and camping activities, as a large number of people indulging in camping activities come from urban areas. During geological and archaeological expeditions, inflatable tents are also employed. Such steady growth in these developing economies is expected to drive the camping activities in the region and thus, provide opportunities for inflatable tents manufacturers.

The inflatable tents market accounts for a considerable share of the outdoor equipment revenue, companies dealing in outdoor campaign equipment have been pushing their sub-brands that supply inflatable tents and other equipment. Hence Commercial and corporate events such as trade fairs, exhibitions, conferences, camps, sleeping bags are witnessing increased use of inflatable tents. These factors are increasing the usage of inflatable tents.

Will Higher Cost of Inflatable Tents Negatively Impact their Sales?

The production of inflatable tents requires acquiring high-priced raw materials. These tents are usually built of high-cost base materials like polyester-cotton or polyvinyl chloride (PVC), and the erecting process necessitates the use of specific air compressor units and aluminum rods.

This has resulted in a considerable increase in the product's manufacturing cost. Furthermore, due to the material used and the additional equipment necessary for the assembly procedure, inflatable tents are significantly more expensive than traditional camping tents.

Although most tents are self-erecting and need less personnel to set up, the product's cost outweighs its benefits. As a result, consumers may choose the less expensive choice over the more expensive one. This will have an influence on the market for inflatable tents.

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Who is winning?

The inflatable tent industry has a dynamic competitive landscape with leading players like Lanco Group, Kampa AG, AMG Group Ltd, Zempire Camping Equipment, and Heimplanet. Key players are investing in research and development activities to create sustainable inflatable tents that appeal to the environment-conscious consumer base.

Government regulations in favor of eco-friendly tents are further improving their popularity and production. Companies capable of providing sustainable solutions and novel tents are poised to experience growth. Technological advancements, such as improvements in mechanisms or integration of self-inflation mechanisms into power sources to enable a quick setup, are set to boost the market.

Industry Updates:

  • U-Rang, a Kickstarter company, in May 2024, launched Hitch-Home Duo+, a trailer hitch-mounted tent.
  • OLPRO, headquartered in Worcestershire, United Kingdom, in April 2024, launched a large family tent, OLPRO Blakedown Breeze 4 Berth Inflatable Tent, made from recycled plastic bottles.

Key Companies in the Inflatable Tent Industry:

  • Lanco Group
  • Kampa AG
  • Oase Outdoors ApS (Outwell)
  • AMG Group Ltd
  • Zempire Camping Equipment
  • Heimplanet
  • Losberger GmbH
  • Coleman Company, Inc.
  • Exxel Outdoors, LLC (Kelty)
  • Sports Direct International (Gelert)
  • Skandia GmbH
  • Sunncamp Limited

Category-wise Insights:

Which Material Type if Preferred for Building Inflatable Tents?

The poly-cotton segment is estimated to dominate the market over the forecast. Poly-cotton has a number of advantages over cotton, including increased strength and mildew resistance, superior heat and UV light resistance, and breathable and moisture-absorbent properties that avoid condensation. The poly-cotton segment is projected to create an absolute dollar opportunity during the period of 2024 to 2034.

Who is the Leading End User of Inflatable Tents?

The military segment is projected to create an absolute dollar opportunity during the period of 2024 to 2034. In terms of end-use categories, military spending by countries is predicted to increase. This, in turn, will entail the establishment of new base camps, which is likely to increase demand for inflated tents.

Inflatable tents are being used in various camping and military applications, which is driving innovation of the tent materials to make tents resistant to extreme weather conditions. Inflatable tents are commonly used for camping, medical, and storage facilities in the military, while they are also utilized for camping in the civilian sector.

Report Preview: https://www.futuremarketinsights.com/reports/inflatable-tents-market

Get More Insights into the Inflatable Tent Market Report:

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the inflatable tent market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the industry potential, growth, and scope, the industry is segmented based on material type (PVC, poly-cotton, and nylon), type (self-erecting and hybrid), shape (dome, tunnel, and geodesic), end-use (military, commercial and personal), and region.

About Future Market Insights – Industrial Automation

The Industrial Automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing the industrial automation domain. Comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

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The military parachutes demand is expected to increase at a CAGR of 5.5% from 2023 to 2033.

The global military vehicles and aircraft simulations market revenue is expected to exceed USD 8.4 Billion by 2032.

The global deployable military shelter market size to drive past USD 1.7 Billion in 2033.

The global military hydration products market share to cross USD 2.1 Billion valuation by 2032.

The global military power generator sales are set to rise at a steady CAGR between 2023 and 2033.

The global compact power equipment rental market revenue to reach USD 206,557.9 Million by 2033.

The global compact construction equipment demand to grow at a CAGR of 3.8% from 2023 to 2033.

The global power device analyzer market share to reach USD 778.5 Million by 2033.

The power tool industry size is projected to be worth USD 64.5 Billion by 2033.

The Latin America construction equipment market share is projected to be worth USD 13,586.7 Million by 2032.

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and market analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Content: AerCap, the largest aircraft leasing company in the world, has increased revenue.
AerCap (AER-US), the world ’ s largest aircraft leasing company, said a strong rebound in air travel in “all major regions ” boosted revenue in the second quarter, predicting supply chain issues for aircraft manufacturers will support leasing demand in the coming years.
Dublin-based AerCap said the rental amount was negatively impacted by the loss of Russian aircraft revenue this quarter, but the pickup in passenger demand led to higher overall cash recovery and higher fleet utilization.
The company ’ s quarterly revenue grew 36 percent to $1.67 billion, slightly more than the $1.65 billion forecast by Refinitiv survey analysts.
CEO Aengus Kelly said in an earnings statement, “Strong passenger demand, combined with supply constraints across the industry, is very positive for the rental environment. ”
""
In a report to investors, AerCap said it believes supply chain issues will continue to limit production in the coming years.
These problems range from a lack of spare engine capacity to extended maintenance, repairs and overhauls.
Hundreds of aircraft were confiscated by Russia after Western sanctions forced the company to cancel its contract with Aeroflot.
The company still controls more than half of the world ’ s aircraft fleet.
AerCap posted a $2.7 billion pre-tax loss last quarter as it confirmed losses on more than 100 of its jets still stranded in Russia, the largest exposure gap of any leasing company, accounting for 5% of the value of its fleet.
It filed a $3.5 billion insurance claim in March, but on Thursday did not provide an update on the process or the 113 aircraft and 11 engines that remained stranded in Russia as of May.
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Content: IATA expects aviation industry recovery to accelerate in 2023
Willy: Passenger traffic is growing faster than expected
IATA Director-General Willie Walsh has predicted that the recovery in passenger traffic is accelerating and that on average the industry could return to pre-epidemic levels in 2023, a year earlier than previously forecast.
Walsh told Reuters that overall passenger traffic is growing faster than expected despite the war in Ukraine and ongoing restrictions in the Chinese aviation market.
“We are seeing very strong bookings, ” he said, noting that high oil prices and travel disruptions caused by labor shortages have not yet stopped travelers, although oil prices have likely caused a 10% increase in ticket prices.
Overall, Walsh believes the industry is on track to recover passenger traffic to pre-epidemic levels in 2023, supported by a strong summer forecast that year.
But he warned that passenger traffic in some individual seasons next year could still be lower than it was before the epidemic, as the Asia-Pacific region continues to lag behind in recovery due to ongoing COVID-19 restrictions in China ’ s key aviation market.
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Content: Last year was a rewarding but not too pleasant experience for both travelers and the tourism industry: thousands of flights were canceled and delayed in the summer as airlines and airports tried to return to normal after the pandemic.
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There was also a shortage of rented cars and serious problems caused by strikes, technical failures and record-breaking heat.
In the coming summer, even more demand for air travel is expected, so what are the chances of repeating last year ’ s problems?
The Telegraph assessed the risks and threats to recreation and travel in 2023.
Cancellations or delays
Probability: 4 / 5
A string of cancellations and flight delays last summer were largely due to a sudden increase in demand for flights.
During the pandemic and the ensuing restrictions, many airports and airlines laid off some of their staff.
But after the lifting of the kovidnye restrictions, the demand for flights resumed so quickly that the aviation industry was unable to adapt quickly.
This was the reason for a large number of flight delays last summer.
However, UK airports are now confident that the situation is under control – for example, Heathrow said that he is gradually returning to the pre-pandemic level of employment, and will be able to do so before the peak period of the summer holidays in 2023.
But Eurocontrol – the European Aviation Safety Organisation – recently warned that challenges still exist, including supply chain difficulties, possible strikes, airspace bottlenecks and technological changes.
All of this means 2023 promises to be extremely challenging, the company said in a statement it released late last month.
Meanwhile, Ryanair CEO Michael O ’ Leary recently stressed that the situation with air travel is seriously affected by the war in Ukraine, due to which air traffic over Poland is limited and long-haul airlines are not able to fly over Russia.
He warned that the additional load on the airspace of Germany and northern Italy could cause problems next summer.
Return of Cow Restrictions
Probability: 1 / 5
Travel restrictions due to Covid-19 have been lifted in most countries around the world, including most recently Japan and China (although China requires a negative PCR test result made no earlier than 48 hours before the flight).
If you are not vaccinated, you may face obstacles in some countries outside of Europe where you may be required to have a negative Covid-19 test.
You will not be able to travel to the United States without vaccination.
As for the risks in 2023, this is the emergence of a new dangerous strain of Covid-19 and the introduction of new travel restrictions.
The Telegraph estimated the probability of this as low enough, but who knows what could happen.
Lack of rental cars
Probability: 4 / 5
Last summer, there was a major car rental crisis in many key holiday destinations: a surge in car rental bookings after the pandemic and a decline in the number of rental cars available drove prices to record highs.
The crisis has eased slightly, but increased demand this year means that in most areas prices will rise even higher this summer in peak season (compared to last year) and cars will start to be scarce again.
On popular destinations such as Tuscany (Italy), prices rose sharply compared to last summer and more than doubled compared to 2019.
Algarve, Portugal, saw a big jump in prices in 2022 and another increase this year — rental car prices are now 47% higher than they were before the pandemic.
Even more modest price increases – in Spain and Greece – still remain above 2019 prices by 16 and 22 percent, respectively.
The solution for those traveling in high season is to book now, a few months in advance.
This means you have a car on vacation and almost a 100% chance of getting the best price.
Dramatically rising costs
Probability: 5 / 5
Back in November, it was clear that the cost of flights and recreation in 2023 will increase dramatically.
Unfortunately, this is how it happened and the sharp increase in demand for travel is to blame.
An investigation published recently by the website Which? found that the cost of package tours increased by an average of 19% compared to the same period last year.
Of the six popular destinations, Greece saw the sharpest growth (up to 30 percent), while holiday spending in Italy, Spain and Turkey rose by one fifth or more.
A significant increase occurred in the price of air tickets – in some cases it reached as much as 44%.
And the chances that the increase in the cost of tickets will stop, tend to zero.
However, more recently we wrote about when it is better to book a summer vacation to save money, and maybe our tips will help you spend not too much money.
And the cost of package tours can be seen this weekend at the tourist exhibition Balttour in Kipsala.
IT glitches
Probability: 4 / 5
Three weeks ago, all flights to the United States were suddenly suspended for two hours due to a malfunction in the national air traffic control system caused by a corrupted file.
About 10,000 flights were delayed and another 1,300 had to be canceled.
It was the last of a long string of IT disruptions that affected travelers.
In October, cyber hackers shut down several major U.S. airports.
Last summer, all flights to Gatwick were halted due to a glitch in air traffic control, and earlier this year, British Airways experienced three major glitches in less than four weeks.
Aviation, operating on complex and sometimes outdated IT systems, is very vulnerable to such events.
Will we see more of them this year?
Almost certainly.
Extreme weather conditions
Probability: 3 / 5
Last summer was hot – and not in the good sense of the word.
In the UK, the hottest day came on July 19, when in Coningsby in Lincolnshire the temperature reached 40.3 Celsius.
This turned out to be a new temperature record – the temperature in the UK has never exceeded the mark of 38 degrees.
Europe was even worse: three heatwaves across France and the south of the continent.
General records were broken in 12 different European countries, droughts were widespread and severe problems with forest fires were widespread.
The Bureau of Meteorology recently reported that climate change means that such events are now much more likely.
It is obvious that such extremes are most serious for local residents who have to endure them.
But they also affect the tourism industry.
Last July, Luton Airport had to close the runway because the asphalt was melting from the heat and there were massive failures on the railways due to the deformation of the rails.
We can only hope for cooler weather this summer.
Strikes by air and rail carriers
Probability: 5 / 5
After widespread Christmas disruptions in air and rail traffic, new strikes will take place across Europe this year.
Most of them are driven by rising inflation and the cost of living, which in turn leads to attempts by workers to improve pay and working conditions.
Turgid has already written about which countries to expect strikes in the first two months of 2023.
But these months will not be limited: trade unions are on strike in several countries in Europe, but France and the UK were the most affected.
Local strikes are also taking place in Italy, Spain and Portugal.
And the chances that by the summer they will be less – a little.
Therefore, before you go on vacation, check if you will not find yourself in the epicenter of the striking airport or airline and thereby completely spoil your vacation.
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Content: There were 1,726 press releases posted in the last 24 hours and 282,787 in the last 365 days.

Global Oil Refinery market is projected to grow at a CAGR of 1.9% By 2032: Visiongain Reports Ltd

Visiongain has published a new report entitled the Oil Refinery 2022-2032. It includes profiles of Oil Refinery and Forecasts Market Segment by Investment, (CAPEX, OPEX) Market Segment by Processing Unit, (Crude Oil Distillation Unit (CDU), Vacuum Distillation Unit (VDU), Diesel Hydrotreating Unit (DHT), Semi-regenerative Reforming (SRR), Fluid Catalytic Cracking Unit (FCC), Sulfur Recovery Unit (SRU)) Market Segment by Type, (Topping Oil Refinery, Hydro-skimming Oil Refinery, Conversion Oil Refineries, Deep Conversion Refineries) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.

The global oil refinery market was valued at US$563.3 billion in 2021 and is projected to grow at a CAGR of 1.9% during the forecast period 2022-2032.

Growing Demand For Petroleum Product

The product demand in each region has an impact on refinery configuration as well. Propane, butane, petrochemical feedstock, gasolines (naphtha specialities, aviation gasoline, motor gasoline), distillates (jet fuels, diesel, stove oil, kerosene, furnace oil), heavy fuel oil, lubricating oils, waxes, asphalt, and still gas are just a few of the goods that refineries create. Gasoline contributes for over 40% of demand nationwide, with distillate fuels accounting for nearly a third of sales and heavy fuel oil accounting for barely 8%. The demand for petroleum products is approximately evenly split among the regions, with Atlantic/Quebec, Ontario, and the West accounting for almost one-third of total sales each. The product mix, on the other hand, varies a lot between locations. Distillate fuels account for 40% of product demand in the Atlantic provinces, where furnace oil (light heating oil) is the predominant source of home heating, and heavy fuel oil (used to generate power) accounts for another 24%. Gasoline sales make up less than 30% of total product demand.

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https://www.visiongain.com/report/oil-refinery-market-2022/#download_sampe_div

How has COVID-19 had a significant negative impact on the Oil Refinery Market?

The combined impact of Coronavirus (COVID-19) and the oil price shock is wreaking havoc on oil-exporting poor countries at a time when the fossil fuel industry is on the decline. Although some countries may be able to weather the current crisis thanks to sovereign wealth funds or low public debt, this will not be the case for the majority of oil-exporting countries, many of which are resource-dependent and were already dealing with high debt levels and multifaceted economic and social fragility prior to the current crisis. Because oil-exporting developing countries have become increasingly reliant on short-term and expensive non-concessional private borrowing in recent years, a significant portion of which is backed by oil collateral, some countries may find themselves in a spiral of unsustainable borrowing as a result of the current turmoil. To create fiscal space in oil-exporting developing countries, reduce the risks of unsustainable debt, corruption, and illicit financial flows (IFFs), and catalyse a transition to a cleaner and more sustainable future, a timely and coordin ated response involving both concessional lenders and private financiers is required.

Countries who are net oil exporters are facing a historic double blow: a worldwide economic slowdown brought on by the COVID-19 pandemic, and an oil market meltdown, with the benchmark price for US crude oil, the West Texas Intermediate, briefly falling below zero for the first time in history (in April 2020). The International Energy Agency estimates that oil and gas revenues for a number of significant producers will fall by 50 to 85 percent in 2020 compared to 2019, based on an oil price of USD 30 per barrel, however the losses could be greater depending on future market developments. The current crisis is taking place in the backdrop of a structural decline in the fossil fuel market, driven by a number of nations' commitments to decarbonisation as well as broader technological advancements that are increasingly making renewable energies the preferred energy alternative.

Many oil-producing countries have non-diversified, sector-dependent economies, with oil accounting for the vast majority of their exports and government revenues. The present drop in oil prices is limiting these countries' ability to respond to COVID-19's multifaceted domestic constraints at a time when more money is needed to fund service delivery, alleviate health risks, and relieve macroeconomic pressure. The International Energy Agency (IEA) predicted in March that significant oil-producing countries such as Iraq, Nigeria, and Angola will face a 50 percent to 85 percent decline in net revenue in 2020 compared to 2019. This would be the sector's lowest income in over two decades, and the International Energy Agency has warned that earnings could fall even more depending on future market conditions. In response to the oil price fall, there has been a decline in investor appetite for fossil fuel projects, and with the commencement of COVID-19, corporations have been putting new projects on hold and permanently shutting down high-cost operations. The reduction in discoveries and investments is projected to hurt smaller or new producer countries the hardest.

How this Report Will Benefit you?

Visiongain's 561 page report provides 341 tables and 314 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the global oil refinery market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for Oil Refinery. Get the financial analysis of the overall market and different segments including Investment, processing unit, type and capture higher market share. We believe that high opportunity remains in this fast-growing oil refinery market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report would help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.

What are the current market drivers?

More Money Is Being Invested In Refinery Construction, Expansion, And Upgrades To Meet The Rising Demand For Petroleum Products.

More money is being invested in refinery construction, expansion, and upgrade to meet the rising demand for petroleum products. The Balikpapan refinery on Borneo Island in East Kalimantan, Indonesia, is expanding to add new processing units in order to improve capacity. The refinery's owner, Indonesian state-owned oil and gas business PT Pertamina, is carrying out the expansion (Persero). The project is part of the Indonesian government's IDR246.2 trillion ($17 billion) Refinery Development Master Plan (RDMP) programme to refurbish and upgrade the country's five refineries. The RDMP will increase refinery output capacity by 150 percent while also improving the country's energy security. Production will increase from 260,000 to 360,000 barrels per day (bpd) as a result of the Balikpapan expansion, allowing the refinery to produce Euro V-standard high-quality fuels.

The Demand For Gasoline And Gas Oil Has Risen Dramatically As The Number Of Automobiles In Various Countries Has Increased.

As the number of automobiles has grown, the need for gasoline and gasoline oil has risen dramatically. Everyone in this world requires automobiles. Vehicles are made up mostly of an engine that regulates the vehicle's overall movement. A variety of businesses are involved in the manufacture of automobiles and the provision of automobile services. Each year, the demand for automobiles grows. According to one estimate, sixty billion new cars are manufactured each year. People want to buy more vehicles because of their numerous advantages, thus demand has increased as well. According to a separate poll conducted in the United States, there are over 243 billion automobile users registered in the United States alone. This demonstrates the global significance of autos as well as the global demand for automobiles.

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https://www.visiongain.com/report/oil-refinery-market-2022/#download_sampe_div

Where are the market opportunities?

Future Trends In Petroleum Refining

Research, design, control and operation, maintenance, information handling, supply chain management, marketing execution, and distribution will all become more computer-based. As a result, research will become more diverse, and manufacturing facilities will become more sophisticated. Domestic and foreign rivals and customers will become more sophisticated, resulting in more transparent and efficient markets. Consumers will continue to look for energy sources that are dependable and independent of political influences, as well as sustainable, environmentally friendly, easy to produce, store, and distribute. As a result, businesses will rush to reconcile fossil fuels' place among developing energy alternatives. In the meanwhile, fuel formulas and consumption will change, mostly to improve performance and reduce pollution.

Deliberate Retail Strategy

In commoditized businesses like transportation fuels, differentiation might be difficult. Although retail stations connect refineries with their ultimate customers, downstream industries frequently sell their goods through channel partners or wholesale markets. Rising retail market penetration can assist boost market share and give consumer demand data if demand for refined products in the United States declines during the next ten years. Improved partner connections and the incorporation of retail data into existing operational modelling can assist downstream companies that sell their products through third-party managed distribution and retail networks.

Foot traffic in convenience stores and retail stations has climbed by 16 percent in the last few years, providing potential for downstream enterprises to grow through the value chain's tail end. Not only are there more convenience stores, but there are also more enterprises outside of retail gas stations in transportation-related industries like food delivery and ride-sharing. Availability and convenience are often the top reasons buyers choose shops across sectors. Most fuel retailers have suffered as a result of consumers' desire for convenience, with strong backcourt competitors gaining market share. Retail stores that focus on either premium items and services or value have succeeded better than those that strive to accomplish both.

Competitive Landscape

The major players operating in the oil refinery market are China Petroleum & Chemical Corp, Royal Dutch Shell Plc, BP Plc, Exxon Mobil Corporation, Total Energies SE, Chevron Corporation, Marathon Petroleum Corporation, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Reliance Industries Limited, Valero Energy Corporation (Valero), S-Oil Corporation, Fluor Corporation, PBF Energy Inc., Phillips 66, Saudi Arabian Oil Co, PJSC Rosneft Oil Company, Eneos Holdings Inc, Gazprom PAO, These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launch

To access the data contained in this document please email oliver.davison@visiongain.com

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Title:

Content: 55% growth in global air travel demand
T + T - normal size
The International Air Transport Association (IATA) announced continued growth in demand in the air travel sector in February, where total air traffic increased by 55.5% compared to February 2022, and globally, total passenger traffic reached 84.9% compared to pre-COVID-19 levels in 2019.
Domestic traffic was up 25.2% year-on-year, domestic traffic was 97.2% from February 2019 levels, and global traffic was up 89.7% year-on-year, with all markets recording significant growth, particularly in Asia Pacific.
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Content: Global News
UAE calls for solidarity and mobilization of efforts to achieve a qualitative shift in climate action
More than 1,500 policymakers, CEOs, experts, industry leaders and investors from around the world are taking part in the UAE Climate Technology Forum in Abu Dhabi to drive progress on technology solutions to decarbonize, boost momentum and accelerate efforts to reduce emissions by at least 43% by 2030 in line with the IPCC report.
He stressed the urgent need to achieve a logical, practical and equitable transition in the energy sector with a focus on gradually reducing emissions of conventional fuels, while increasing reliance on all emission-free and economically viable energy sources, and making sure that the global South is not left behind.
The latest report of the Intergovernmental Panel on Climate Change (IPCC) has confirmed that the world must cut emissions by 43% by 2030 if we are to maintain the ambition of achieving the goal of avoiding a rise in global temperature of 1.5 ° C.
At the same time, global energy demand will continue to grow, with the world ’ s population increasing by an additional half a billion people by 2030.
“We need a radical course of action to maintain the potential for economic progress, coupled with significant emissions reductions, and we need to turn what we agreed to in the COP negotiations into practical measures that are already in place.
“We need to find a way to reduce emissions, not slow growth and progress, and we need transformative solutions.
He explained that last year saw the volume of investment in clean technologies exceed the level of $1 trillion for the first time, with a great opportunity to grow this figure, and said: “I am confident that this qualitative leap represents the greatest opportunity for humanity and economic development since the first industrial revolution. ”
“With the right policies that incentivize the right investments, climate technologies can at least double their contribution to global growth, while removing up to 25 billion tonnes of carbon emissions annually.
“By leveraging climate technologies, we can build a new model of economic development based on zero emissions, while breathing new life into economic growth. ”
Despite the significant growth in renewable energy production capacity, the bulk of global emissions cannot be eliminated by relying on renewable energy sources alone, especially in emission-intensive industries, he said, noting that there are 5,000 cement, steel and aluminum plants in the world, which are responsible for about 30% of global emissions.
Dr. Sultan bin Ahmed Al Jaber highlighted the pivotal role of hydrogen and carbon capture technologies in enabling a logical, practical, gradual and equitable transition in the energy sector.
“This is where solutions like hydrogen come in, which we need to scale up production and marketing in order to make a real impact in the energy sector.
“If we are serious about cutting emissions from industry, we need to redouble the carbon capture effort, as any realistic scenario that aims to achieve climate neutrality must involve taking advantage of carbon capture technology, without which this goal will not be achieved. ”
He also stressed the importance of continuing investment in nuclear energy, working to achieve great leaps in increasing battery storage capacity, expanding nuclear energy, and investing in new energy solutions such as nuclear fusion, in order to reduce global emissions.
He gave examples of the pioneering steps taken by the UAE in the field of agricultural technology, vertical agriculture and the use of digital technologies to reduce energy and water consumption and raise the productivity of agricultural crops in harsh climate environments, pointing out that food systems and the agriculture sector, along with emissions-intensive industries, are the biggest cause of greenhouse gases and responsible for more than a third of emissions.
“The UAE has started to take pioneering steps in the field of agricultural technology, vertical agriculture and the use of digital technologies to reduce energy and water consumption and raise the productivity of agricultural crops in harsh climatic environments, ” he said.
“The UAE has launched the Agricultural Climate Innovation Initiative, in partnership with the United States and 50 countries, to leverage technology to reduce emissions and increase food availability for the world ’ s population. ”
Dr. Al Jaber reiterated the call on the oil and gas sector to work to reduce methane emissions to zero by 2030 and agree on comprehensive plans to achieve climate neutrality in carbon emissions by 2050 or earlier.
"As the world continues to rely on hydrocarbon resources, we must do everything we can to reduce and eliminate their emissions.
The oil and gas sector is called upon to work to reduce methane emissions to zero by 2030 and agree on comprehensive plans to achieve climate neutrality in carbon emissions by 2050 or earlier.
The goal is clear for this sector and all other sectors.
We need to phase out emissions in all sectors, including transport, agriculture, heavy industry and conventional fuels, while investing in technologies to develop all alternative emission-free energy sources. ”
“We also need to reimagine the relationship between producers and consumers, moving it from a relationship based solely on supply and demand to one based on joint action to build the future.
We must build an effective partnership between the most energy-consuming industries, the largest energy producers, technology companies, financial institutions, governments and civil society.
We need all of these solutions and efforts together.
"Working together, our goal will be to achieve a logical, practical and just transition in the energy sector, leaving no one behind."
He pointed out that enhancing the use of technology in the global South requires the government and private sectors and multilateral bodies to stimulate climate finance, which contributes to providing it more and more widely, and on concessional terms to the countries that need it most.
“As we seek to adopt new technologies, it is essential to ensure that no country in the global South is left behind: in the past year, developing economies accounted for only 20% of investments in clean technologies.
These economies account for 70% of the world ’ s population, or more than 5 billion people.
“Technology is central to helping communities most vulnerable to climate change build capacity and leapfrog towards a low-carbon model of economic development. ”
Concluding his speech, Dr. Sultan Ahmed Al Jaber said that time is passing fast and the risks facing the planet are great, and stressed that the historic Paris Agreement has succeeded in uniting governments on what the world should do in the face of climate change, and the task of COP28 will be to focus on “how ” to implement it.
We presented to you our visitors the most important details about the news of the UAE calls for solidarity and mobilization of efforts to achieve a qualitative leap in the climate action on the Gulf Dot in this article and we hope to provide you with all the details clearly and more credibility and transparency and if you want to follow more news you can subscribe with us for free through our alerts system on your browser or by joining the mailing list and we provide you with all that is new.
We also have to remind you that this content is already published on the site and may have been the editorial team in Dot AlKhaleej confirmed or modified or quoted or may have been transferred in full and you can read and follow the updates of this news from its main source.
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AERBUS
Despite the war and the closure of China,
Airbus sees increase in business jet sales
It has sold four ACJ220 aircraft since the beginning of 2022 for no order in 2021.
Posted in: Last Updated:
Airbus ’ jet division has been very upbeat about sales prospects for this year even as the conflict between Russia and Ukraine and the coronavirus shutdowns in China are weighing on.
Despite years of slowdown in business jet orders during the Coronavirus pandemic, with almost all business flights curtailed, a new version of the Airbus A220 was launched in 2020, yet the company received no orders in 2021 after six deals the previous year.
Airbus ’ global president, Benoit DeForge, said sales are now on the rise with five orders for corporate jets so far in 2022, including four A220, and there are opportunities in the Middle East and the United States for more orders, Bloomberg reported.
“We have had to face headwinds over the past 12 to 18 months and we expect in the Middle East a real opportunity for the years to come. ”
More than 60 Airbus aircraft are flying in the Middle East with an average age of more than 10 years, meaning the company sees an opportunity to renew its ageing fleet.
DeForge noted that the United States is a more difficult market to gain a foothold, but the recovery in the market there means there is also plenty of room for growth.
China, on the other hand, has become a more challenging market, due to difficult market access, as the country has reintroduced the overall coronavirus restrictions.
The company has also had to halt sales efforts in Russia to comply with sanctions and has 10-15% of its fleet in the country.
DeForge said the A220 will enter service at the beginning of next year, and this is expected to bring additional momentum to sales.
The model is based on the A220-100 and will be able to fly up to 10,500 kilometers, enough to connect London with Los Angeles.
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Content: General Supervision
Elham Aboul Fath
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IATA: Higher aviation fuel costs contributed to 30% increase in operating expenses
The International Air Transport Association (IATA) expects average jet fuel costs to be $98.5 per barrel during 2023 with a total fuel bill of $215 billion, where the cost is cheaper than the $111.9 per barrel forecast for December 2022, and the average cost of $135.6 in 2022.
According to the International Air Transport Association (IATA), the price of crude oil has increased significantly for airlines as the average crack spread (premium paid for refining crude oil and converting it into jet fuel) reached more than 34% for 2022, a rate well above the long-term average. It is around 23%, which is roughly in line with the historical average.
Fuel costs will account for 28% of the average cost, which is still higher than 24% for 2019.
In its report, IATA pointed to non-fuel expenditures, which have been well controlled by airlines despite inflationary pressures.
With a larger spread of fixed costs, non-fuel costs per tonne of available kilometres are expected to decrease to 39 cents.
This represents 6.4% less than in 2022 (41.7 cents per tonne km available), marking a return to pre-COVID-19 pandemic levels.
Total non-fuel costs are expected to reach $565 billion in 2023.

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$1.158 trillion in total spending on business trips in 2023
Business travel spending is expected to reach $1.158 trillion in 2023, surpassing the $1 trillion mark for the first time since the coronavirus pandemic in 2020.
In a sign of the recovery of the aviation sector, which has suffered for two years from weak demand.
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Content: There were 947 press releases posted in the last 24 hours and 185,522 in the last 365 days.

Titanium Sponge for Aerospace & Defense Market is Expected to Reach USD 2.27 Billion By 2028

Reports And Data

Titanium Sponge for Aerospace & Defense Market Size – USD 1.66 Billion in 2020, Market Growth - CAGR of 4.1%, – Rising demand from aerospace industry

NEW YORK, NY, UNITED STATES, March 2, 2022 /EINPresswire.com/ -- Technological advancements and rising demand for high tensile and corrosion resistence material for enhanced durabiliy are encouraging the growth of the market.

The Titanium Sponge for Aerospace & Defense Market is forecast to reach USD 2.27 Billion by 2028, according to a new report by Reports and Data. Titanium sponge is a form of titanium that is brittle and porous in nature. It shows high elasticity, with a high strength-to-weight ratio. It is utilized as a base for titanium billets, alloys, ingots, and others. Moreover, it shows low electrical and thermal conductivity and is one of the usual corrosion-resistant structural metals.

Titanium sponge is achieved by the administration of the Kroll process on raw titanium ore. The obtained titanium sponge has various impurities. These impurities usually are nitrogen, hydrogen, chlorine, silicon, oxygen, iron magnesium, among others.

PMC (Polymer matrix composite) compatibility is among the leading factor influencing the expansion and designing of aircraft due to the growing use of composites for the aircraft structures. Unlike aluminum, carbon, and its low alloy steels that produce high galvanic potential, Titanium is compatible with the carbon fibers in the PMC.

Utilization of parts made from these material alloys in fuselage frame, doorframes, seat rails, floor beam, engine mounts, turbines, and other such components is anticipated to surge the demand further. Resistance to fire, corrosion & shock, lightweight, low maintenance cost, biocompatibility and recyclability are among the various characteristics of titanium sponge. Increased emphasis on developing the performance of commercial and military aircraft by reducing the overall aircraft weight and improving fuel efficiency is the principal factor influencing the Titanium sponge demand.

The Asia Pacific region is forecasted to register the highest CAGR of 4.2% during the forecast period. Soaring demand from economies such as Japan, China, and India are encouraging the market demand in the APAC region. The largest consumer of magnet wires is China and is expected to maintain its position in the future years.

Key participants include Tangshan Tianhe, Zunyi, ZTMC, Shuangrui Wanji, VSMPO AVISMA, Solikamsk, OSAKA, UKTMP JSC, The Kerala Minerals & Metals Ltd., Toho Titanium, and Timet. BAOJI TITANIUM INDUSTRY CO., LTD.

Get a Free sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1453

Further key findings from the report suggest

Titanium sponge is mostly used in liquid propellant tanks of launch vehicles, gas bottle/liners, intertank structures, and interface rings for satellites in the aerospace and defense industries.
It is an essential material in the fabrication and production process of various components and parts in the aerospace and defense industry.
The aviation grade metals need a range of testing methods for suiting the materials for aerospace requirements.
For fitting into these tests, the most effective method is to produce high-grade material, also referred to as aerospace grade that has purity levels of over 99.7%.
The high-grade category is valued at USD 0.45 billion in 2020 and is estimated to reach USD 0.64 at the highest CAGR of 4.3% during the forecast period.
High grade with high aluminium content is primarily used in applications such as engine parts and aircraft fuselage.
The application in military aircraft is estimated to witness the highest CAGR of 4.4% during the forecast period.
The rapid growth may be due to the enhanced application outlook in reconnaissance, aerial warfare, surveillance, and ability to provide supplies to isolated areas in military operations.
The surge in emphasis for effective operations will enhance the application of Ti sponge in military aircraft, especially for airframes.
Various companies have adopted several strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.
For example, in August 2015, the Indian government fully approved the operation of The Kerala Minerals & Metals Ltd., with a primary production capacity of 500 tons.
Due to this development, India was the seventh country across the globe that has its in-house Ti generation convenience.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/titanium-sponge-for-aerospace-and-defense-market

For the purpose of this report, Reports and Data have segmented into the Titanium Sponge for Aerospace & Defense Market on the basis of Category, Technology, Application and Region:

Category Outlook (Volume, Kilo Tons, and Revenue, USD Billion; 2020-2028)

High Grade
Medium Grade
Low Grade

Technology Outlook (Volume, Kilo Tons, and Revenue, USD Billion; 2020-2028)

Purification
Reduction
Process automation and data logging
Ejection

Application Outlook (Volume, Kilo Tons, and Revenue, USD Billion; 2020-2028)

Commercial Aircraft
Military Aircraft
Naval Ship
Armor Plating and Missile
Others

Request a customization of the report- @ https://www.reportsanddata.com/request-customization-form/1453

Regional Outlook (Revenue, USD Billion; 2018–2028)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Thank you for reading our report. We also offer customized report as per client requirement. Kindly connect with us to know more about customization plan and our team will offer you the altered report.

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**Sustainability and Environmental Regulations**
   The aviation industry is under increasing pressure to reduce carbon emissions, with the International Civil Aviation Organization (ICAO) committing to net-zero carbon emissions by 2050.

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The Ministry of Aviation participates in the ICAO Conference in Dubai on Alternative Aviation Fuels (CAAF / 3)
A delegation from the Ministry of Civil Aviation participated in the third Conference on Aviation and Alternative Fuels (CAAF / 3), held under the auspices of the International Civil Aviation Organization (ICAO), from 20 to 24 November in Dubai, United Arab Emirates, with a wide international presence of more than 1,000 participants from around the world, including government delegations from more than 90 countries, more than 30 relevant international and regional organizations and chief executives of aviation, fuel and aircraft manufacturers.
This comes in light of the keenness of the Ministry of Civil Aviation to enhance the efforts of cooperation and permanent coordination with all regional and international organizations in the field of civil aviation, and in implementation of the sustainable development goals adopted by the ministry in various activities in accordance with the vision of the Egyptian state on the preservation of the environment and the transition to green by 2050.
The conference discussed various topics on alternative energy developments, policies and economics of reducing carbon emissions, switching to sustainable fuels, and reviewing and approving ICAO ’ s Zero Carbon Strategic Plan.
In this context, the Minister of Civil Aviation, Mohamed Abbas Helmy, stressed the ministry ’ s keenness to support the efforts of cooperation and permanent coordination with all member countries based on the use of clean energy within the aviation sector in order to preserve the environment and implement the ambitious goal of zero carbon emissions in line with the Egyptian vision towards achieving sustainable development and reducing environmental pollution.
The Minister of Civil Aviation expressed his appreciation for the important role and outstanding efforts of the International Civil Aviation Organization (ICAO) to enhance efforts in support of environmental issues, alternative energy developments, carbon reduction policies and the transition to sustainable fuels by reviewing and approving the ICAO Strategic Plan to achieve zero carbon emissions by 2050. He led the conference in order to come up with a unified regional and African point of view.
In a related context, the participation of the Egyptian delegation stems from the active role played by the Ministry of Civil Aviation through coordination with the Arab Civil Aviation Organization, African environmental experts and African representatives in the International Civil Aviation Organization (AFI Group), and their contribution to the preparation and submission of four working papers to the International Civil Aviation Organization (ICAO) to address the various agenda items of interest to all member states in the African continent. Work WP / 16 ICAO Vision 2050 for SAF / LCAF and the Global Framework during the CAAF / 3 event.
The Egyptian delegation included pilot Amr El-Sharkawi, head of the Egyptian Civil Aviation Authority, pilot Sameh El-Hefni, Egypt's permanent representative to the ICAO Council, and pilot Elias Sadek, advisor to the Minister of Civil Aviation for air transport affairs.

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Content: Financials
2024-01-15 18: 37: 52
ESG ｜ Cathay Pacific Partners Promote the Use of Sustainable Aviation Fuels
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Cathay Pacific (293) said it is actively working with key stakeholders to achieve the aviation industry ’ s carbon reduction and net zero carbon emissions by 2050.
Cathay Pacific has successfully launched its Corporate Sustainable Aviation Fuel Programme in 2022. It recently announced that three new partners have joined the programme, namely PHILIP International Logistics Group, Mail Ship Logistics, and the first non-profit-making organisation (NGO) to reduce carbon emissions from business travel and freight transport.
Reduces life cycle by more than 80%
Cathay Pacific CEO Peter Lin said the group is adopting a multi-pronged strategy to contribute to a green future for the industry.
Sustainable jet fuel is an integral part of this, and since its launch, the programme has received strong support from corporate and cargo customers.
New sustainable aviation fuel supply partnerships are also being established in Asia to deliver important messages to the sustainable aviation fuel supply chain from a clear and stable demand in the region.
Sustainable aviation fuel is regarded as the most important carbon reduction solution in the aviation industry in the coming decades. Depending on the technology and materials used, sustainable aviation fuel can reduce carbon emissions over the life cycle of conventional aircraft fuel by more than 80%.
The first founding customers of the new partners included AIA (1299), Airport Authority Hong Kong, KCR International Cargo, PricewaterhouseCoopers, Standard Chartered Bank and Swire (019).
As a leader in corporate climate action, Cathay Pacific ’ s Corporate Sustainable Aviation Fuel Program partners are committed to reducing the climate impact of their business travel and air cargo activities through the use of sustainable aviation fuel.
First commitment to sustainable aviation fuel by 2030
Cathay Pacific is one of the first airlines in the world to commit to increasing sustainable aviation fuel use to 10% of total fuel consumption by 2030.
Sustainable aviation fuel at Hong Kong International Airport for the first time in 2022.
Last year, it successfully added sustainable aviation fuel to commercial flights overseas for the first time at Singapore Changi Airport and Los Angeles International Airport.
Sustainable jet fuel used in the past year is made from waste cooking oils and animal fats, supplied by fuel suppliers ExxonMobil and Shell.
In addition to increasing sustainable aviation fuel use, the carbon reduction roadmap includes fleet modernization, operational efficiency, aviation carbon reduction using advanced technologies, and high-quality carbon offsets.
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Content: Want climate-friendly flights? It could take a while

Sustainable aviation fuel is the industry’s best hope to hit its 2050 net-zero goal. Producers say SAF reduces greenhouse gas emissions by up to 80%, compared to regular jet fuel, over its life cycle. Made from sources like used cooking oil and plant waste, it can be blended with conventional jet fuel but costs much more and will eventually trickle down to the passenger.

  • Updated On Jul 5, 2023 at 09:10 AM IST
When it comes to flying, going green will not only cost more, it will also involve a long wait before the strategy can take off.

At the recently concluded Paris Air Show, the world’s largest aviation event, airlines and manufacturers said new planes will be more fuel efficient than the ones they will replace. But most of those planes will burn conventional, kerosene-based jet fuel. While work on electric-powered aircraft is going on, these won’t catch on as quickly as electric vehicles. “It’s a lot easier to pack a heavy battery into a vehicle if you don’t have to lift it off the ground,” said Gernot Wagner, a climate economist at New York University, US.

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That means sustainable aviation fuel (SAF) has become the industry’s best hope. Producers say SAF reduces greenhouse gas emissions by up to 80%, compared to regular jet fuel, over its life cycle. Made from sources like used cooking oil and plant waste, it can be blended with conventional jet fuel but costs much more. As of today, SAF still accounts for just 0.1% of all jet fuel.

continued below
But suppliers are “going to be able to kind of set the price”, said Molly Wilkinson, American Airlines vice-president. “And we fear that at that point, that price eventually is going to trickle down to the passenger.”

Critics speak

Which is why critics call airlines’ promises about ramping up the use of SAF overly ambitious, while also doubting if the industry can hit its net-zero goal by 2050.

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Delta Air Lines is being sued by critics who say the carrier falsely bills itself as the world’s first carbon-neutral airline, and that Delta’s claim rests on carbon offsets that are largely bogus.

And in the European Union, a consumer group filed a complaint accusing 17 airlines of greenwashing. The group says airlines are misleading consumers and violating rules on unfair commercial practices by encouraging customers to pay extra to help finance development of SAF and offset future carbon emissions created by flying. In one case, the group’s researchers found Air France charging up to 138 euros for the green option.

“Sustainable aviation fuels are the biggest technological potential, but the main problem...is that they are not available,” said Dimitri Vergne, a senior policy officer at BEUC. “We know that before the end of the next decade — at least — they won’t be available in massive quantities” and won’t be the main source of fuel for planes, he added.

The International Air Transport Association, an airline trade group, estimates that SAF could contribute 65% of the emissions reductions needed for the industry to hit its 2050 net-zero goal. But very few flights are powered by SAF because of the limited supply and infrastructure.

McCann Worldgroup checks-in with the Air India ad biz

The selection process for this partnership entailed a rigorous evaluation as part of an exhaustive multi-agency pitch. The appointment comes as Air India has embarked on a five-year turnaround plan to become a world-class global airline by investing in customer service, technology, and products, the company stated in the press release.

Is Air India retiring its Maharaja? The aging mascot hits a crossroads

Air India's iconic mascot, the Maharaja, is facing an uncertain future as the airline undergoes a makeover under its new owner, the Tata Group. The Tatas have enlisted advertising agency McCann Worldgroup India to revive Air India's advertising and branding, creating a new brand platform and multi-channel marketing communication. While last year there were discussions about creating a new mascot, the CEO of Air India has stated that the Maharaja will remain a part of the brand.

  • Published On Jul 5, 2023 at 09:10 AM IST

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Content: There were 987 press releases posted in the last 24 hours and 185,544 in the last 365 days.

Automotive Repair And Maintenance Services Market Analysis Increases in Fuel Prices Significantly Impacts Growth

global automotive repair and maintenance services market

#3200,SEATTLE, WASHINGTION , UNITED STATES, March 2, 2022 /EINPresswire.com/ -- The global automotive repair and maintenance services market was valued US$ 515,594.7 Mn in 2019 and expected to reach US$ 805,836.9Mn by 2027.

The research study "Automotive Repair and Maintenance Services Market" contains qualitative and quantitative insights into the primary drivers, restraints, opportunities, and challenges driving the Global Automotive Repair and Maintenance Services Industry growth. The regional study, on the other hand, tries to justify and highlight the highest demand of all segmentation assumptions made throughout the study's compilation. The research also includes a comprehensive list of the market's leading players, as well as their strategies.

The automotive repair and maintenance services market employs a large number of skilled workers. These works for the majority of the firms that provide services for automobiles. The high inflation rate, increasing commodity prices and increasing labor costs are some of the factors limiting demand for automotive repair services.

๐๐ฒ๐ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐๐ป๐ฐ๐น๐๐ฑ๐ถ๐ป๐ด ๐๐๐น๐น ๐ง๐ข๐, ๐ง๐ฎ๐ฏ๐น๐ฒ & ๐๐ถ๐ด๐๐ฟ๐ฒ๐) @
https://www.coherentmarketinsights.com/insight/request-sample/2796

The automotive repair and maintenance services market is expected to expand significantly in the near future. Mechanical services are likely to remain the largest sector while electronic services are expected to grow the fastest. New heavy-duty vehicle dealers are expected to lead gains while independent repair shops, specialized mechanics and general automotive service companies will maintain their share of the market. The top performing providers will share the lion's share of market revenues with the top performing service providers. The gap between the two in terms of growth will widen further as traditional dealers find it difficult to survive the economic downturn. As the industry continues to reinvent itself, several factors are likely to impact the service sector.

๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ ๐ฒ๐ป๐๐ถ๐ผ๐ป๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
Arnold Clark Automobiles Limited, Asbury Automotive Group, Inc., B&S Chevron Service., Driven Brands, Inc., Firestone Complete Auto Care, Goodyear Tire & Rubber Company, Jiffy Lube International

Increases in Fuel Prices: The higher the cost of gasoline, the higher the demand for auto repair services. The automotive repair and maintenance services market is affected by increase in fuel prices as consumers focus on improving the performance of engines and cutting down on the fuel consumption of vehicles. The rising cost of insurances and maintenance for passenger vehicles is another factor influencing the cost of automotive repair services. The size of vehicles and their fuel weight also affect the cost of repairing and maintaining vehicles.

An important trend observed in the automotive repair and maintenance services market is that customers become more demanding of automotive repair services as time goes by. Customers are now demanding better quality of work at lower prices. This is due to the rising unemployment rate and growing inflation rate among other factors. Another important factor influencing the market growth and maintenance costs of vehicles is the size of the market. There are three types of markets: medium, small and large. The size of a market affects the number of service centers available for the maintenance of that particular vehicle.

๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ @ https://www.coherentmarketinsights.com/insight/request-pdf/2796

Durability of Cars and Trucks: The longevity of cars and trucks is affected by several factors including the material used in the body structure of the vehicle. The automotive dealerships also face stiff competition from other service and repair centers. Since the dealerships have limited space for storage of vehicles, they tend to use the most affordable means to enhance the life of their vehicles. Thus, the durability of cars and trucks significantly impacts the automotive repair and maintenance services market.

Some players in the automotive repair and maintenance services market provide specialized automotive service programs such as body rust removal, brake repair and auto detailing. Other service providers offer a wide range of maintenance and repairing services such as brake fluid replacement, transmission fluid replacement, fuel system replacement, tire rotation, spark plug renewal, and many more. Auto dealers, on the other hand, focus on general maintenance and repairing of vehicles.

๐๐ฒ๐ ๐ฎ๐ฌ๐ฌ๐ฌ ๐จ๐ฆ๐ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐ ๐ข๐ป ๐ง๐ต๐ฒ ๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ @
https://www.coherentmarketinsights.com/promo/buynow/2796

Key Benefits to Acquire Automotive Repair and Maintenance Services Market Report:-

โผ The report delivers precise information about the important aspects improving the growth of the market like Future growth, opportunities, challenges, and risks.
โผ It helps to analyze the report with respect to individual growth trends, recent advancements, and future prospects.
โผ It provides a future forecast examined on the basis of how the market is expected to increase over the world.
โผ It allows us to comprehend the market by key players, segments, and their future.
โผ The report includes an analysis of the industrial chain, current market fluctuations, and an analysis of customers.
โผ It provides significant profiling of top competitors in the market and comprehensive analysis of core competencies.
โผ This report will help to plan Business Strategies by understanding the opportunities shaping and driving Automotive Repair and Maintenance Services Market.
โผ The report includes Geographical distribution, segments of the overall industry, development designs, and various financial systems.

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This long-term aspirational goal (LTAG) is pushing airlines and manufacturers to invest in more fuel-efficient aircraft and sustainable aviation fuels (SAF).

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Content: Links for simplified access
The EU has decided to increase the share of eco-fuel for aircraft to 70% by 2050
The European Union has agreed to increase the share of environmentally friendly aviation fuel to 70% by 2050.
According to the agreement, in 2025, the eco-fuel provided at the airports of the European Union should be 2%, and in 2030 - 6%.
Half of that would come from synthetic fuels, which are produced using captured carbon dioxide emissions.
Ecofuels (SAF) have zero or lower carbon dioxide emissions than kerosene derived from petroleum.
Now such fuel is produced in negligible quantities and costs much more than conventional aviation fuel.
The EU ’ s carbon market will give airlines around two billion euros to help them switch to eco-fuels.
Zero-emission aircraft are not expected until ten years from now, Reuters said, while eco-fuel will help reduce the carbon footprint of air travel in the near future.
It has been estimated that the global replacement of 11% of animal products with their alternatives will eliminate almost all aviation emissions.
• Greenhouse gases, which include carbon dioxide, are one of the main factors of global warming.
The years from 2015 to 2022 were the warmest on record, and the average temperature on Earth was 1.15 ° C higher than pre-industrial.
An increase of 1.5 ° C is considered critical.
• Increasing global temperature contributes to the increase and intensification of extreme weather events, including floods, droughts, forest fires, storms, cold and heat waves.
Natural disasters lead to the death and migration of people and other animals, the destruction of houses and infrastructure, the destruction of land.
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Content: Royal Dutch Shell Announces Low Emission Aviation Fuel Output and Sales Targets
Royal Dutch Shell became the first major oil company to announce low emission aviation fuel output and sales targets.
Airlines now want to buy more of this fuel to meet climate change targets and move ahead of proposed EU regulations.
Royal Dutch Shell PLC (RDSA) became the first major oil company to announce low emission aviation fuel output and sales targets.
Airlines now want to buy more of this fuel to meet climate change targets and move ahead of proposed EU regulations.
The Anglo-Dutch energy giant, one of the leading suppliers of aviation fuel, said it plans to start from zero and produce 2 million metric tons of sustainable aviation fuel (SAF) per year by 2025.
The company wants SAF to account for at least 10 percent of the jet fuel it sells by 2030, including fuel from outside suppliers.
A Shell spokesman would not say how many SAFs are being sold.
At present, the supply of SAF is limited and the price is high.
The aviation industry has called for more government support to scale up SAF production and reduce costs.
Shell said last week it would start production of its own SAF at a plant in Rotterdam, the Netherlands, which is expected to start operations in 2024 and produce 820,000 tonnes of biofuel per year.
A company spokesman said the remainder of the 2 million tonne target would be produced at some of Shell ’ s traditional refineries, which are transitioning to low-carbon fuel production.
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Content: ENOC and Marubeni collaborate on sustainable jet fuel production
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ENOC Group has signed a Memorandum of Understanding (MoU) with Japan Trade and Investment Group (Marubeni) to collaborate on the production and sale of sustainable aviation fuel (SAF) in the Middle East and North Africa (MENA) region, to contribute to the circular economy and decarbonization of the aviation sector.
The agreement is part of ENOC ’ s recently announced plan to provide sustainable jet fuel to all its customers by 2030 and aims to support the aviation industry ’ s shift towards carbon neutrality and transform sustainable air travel in the region.
Under the agreement, ENOC and Marubeni will work together to develop an integrated approach to achieving carbon neutrality using the latest technologies, which will contribute to reshaping the aviation landscape, as the initiative is a promising step towards decarbonisation and sustainability in the aviation sector.
Saif Al Falasi, CEO of ENOC Group, said: “The signing of this agreement confirms ENOC ’ s commitment to sustainability in line with the UAE Climate Neutrality Strategy 2050.
By signing such agreements, we intend to expand our presence beyond the UAE to include the provision of sustainable jet fuel across the GCC.
This is a strategic part of our plans to provide this fuel to all customers by 2030 in line with our vision for a more sustainable future for the aviation industry. ”
Atsushi Suzuki, President and CEO of Marubeni Energy Middle East and Africa, said: “We are on the cusp of a new era in aviation as we approach the development of our first sustainable jet fuel facility and our promising discussions to provide it to regional carriers operating at Dubai Airport.
I would like to take this opportunity to express my deep appreciation to the ENOC and Marubeni teams for their significant contribution to these endeavours. ”
ENOC and Marubeni share the goal of shaping a new future for aviation and ushering in a more sustainable era in a world striving for innovative solutions to environmental challenges.
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Content: Efficient and sustainable aviation fuel from oily plants
According to a new study published in the journal GCB Bioenergy, emissions from the aviation sector could be reduced by up to 68% by switching to plant-derived sustainable aviation fuel (SAF), particularly from non-edible oilseed crops.
These crops represent a variety of mustard plants called brassica carinata, and the study showed that this fuel could be more cost-effective than petroleum fuels.
Carbon footprint
According to a press release published on the official website of the University of Georgia on October 14, sustainability research specialist Dr. Bonnet Doividi believes that “if we can secure the supply of raw materials and provide appropriate economic incentives for supply operations, it is likely that we will produce sustainable aviation fuel from the mustard plant grown in the southern United States. ”
“This sustainable fuel can contribute to reducing the aviation sector ’ s carbon footprint while creating economic opportunities and improving ecosystem services across the southern region. ”
According to a 2019 report by the Environmental and Energy Study Institute in Washington, D.C., the aviation industry has produced nearly 2.4% of all global carbon dioxide emissions.
These emissions have increased to 3.5% of total global emissions, according to a study published in January this year in the journal Atmospheric Environment.
Competitive price supported by political trends
Developed and tested a few years ago, the first jet flight based on pure biofuel derived from Brasica Carinata was successfully launched in 2012, but the cost was much higher than traditional jet fuel.
In their new study, researchers did not aim to demonstrate that sustainable fuels are viable, but to estimate the cost-effectiveness of sustainable fuels and reduce emissions.
A litre of conventional jet fuel currently costs around $0.50, while a litre of sustainable mustard fuel costs between $0.85 and $1.28.
But governments are offering incentives to reduce emissions that didn ’ t exist in 2012, such as President Joe Biden ’ s Sustainable Aviation Fuel Initiative, which offers tax credits for 50% lower emissions than conventional jet fuel.
The study showed that if all available U.S. credits were taken into account, the cost of sustainable aviation fuel made from mustard would range from $0.12 to $0.66 per litre, a competitive price compared to conventional fuels.
In the press release, the researchers stressed the importance of government support for sustainable fuels, with Duvide stating that “current policy orientations in support of the manufacture and distribution of sustainable aviation fuels must continue.
“The initiative announced by President Biden could also be a game-changer in favor of supporting sustainable mustard fuel production. ”
Challenges and Solutions
Like other new approaches, sustainable aviation fuels face many challenges, including the ability to replace important food crops, questions about whether it is possible to grow enough crops to make enough fuel, where and how to grow, what kind of crop and how effectively to reduce emissions.
In turn, the researchers believe that canoe rapeseed can be grown in the southeastern states, where temperatures tend to be warmer in the winter months and it is out of the food production season, meaning it will not directly compete with other crops.
Secondary residues from the sustainable fuel industry can also be used to produce animal feed.
The study highlighted an important problem: the lack of infrastructure in the United States to convert the crop into sustainable fuel.
Researchers are studying the feasibility of building such facilities, hoping to guide farmers, investors and policymakers to make supportive decisions.
According to a report by Science Alret, Duvide explained that the results of their study will be directed to the state of Georgia in particular "as it is the sixth largest consumer of traditional aviation fuel in the country, as well as home to the world's busiest airport, the headquarters of the leading global airline" Delta "(Delta).
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Content: MoU to develop sustainable aviation fuel production and distribution solutions
T + T - normal size
Lootah Biofuels has signed a Memorandum of Understanding (MoU) with Malaysian biofuel company Vatops Energy to develop sustainable jet fuel production and distribution solutions in the Middle East, North Africa and Southeast Asia.
This came within the activities of the UAE pavilion at the Conference of the Parties « COP28 ».
The agreement is a roadmap for cooperation, which includes various initiatives, to develop sustainable aviation fuels using the latest technologies and to take advantage of opportunities to strengthen supply chains.
The partnership aims to meet the growing demand for biofuels in the aviation sector, which aims to reduce carbon emissions to zero by 2050, where the sector accounts for about 3% of the total carbon footprint in the world, and is likely to reduce these emissions at the sector level by up to 80%.
In the Middle East, a global travel hub, national carriers in the UAE and the rest of the GCC have shown great interest in sustainable fuel, which contributes to efficient resource management as well as achieving their carbon neutrality strategy, and these trends are expected to increase the demand for sustainable aviation fuel.
The two companies revealed their plans to explore the possibility of establishing feedstock storage depots and a sustainable aviation fuel refinery in strategic locations in the UAE and Malaysia, and the 200,000 cubic meters of liquid waste raw material storage depots will operate at a port in Southeast Asia as a hub for gathering raw material supplies for the refinery, which is strategically located in the UAE.
The two companies will also explore opportunities to leverage the technologies, data and entrepreneurship programs being developed by Vatops Energy across the Middle East and North Africa (MENA) region to secure an adequate supply of biofuel feedstocks.
Yousuf bin Saeed Lootah, CEO of Lootah Biofuels, stressed the company ’ s commitment to developing sustainable energy solutions for the aviation sector and contributing to achieving the goals of climate neutrality set by the civil aviation sector in the world, in line with the objectives of the UAE and the vision of its wise leadership.
Finch Sinha, CEO of Fathops Energy, said: “We seek to promote sustainable practices and technological innovation, and contribute to reducing emissions in the aviation industry by creating a strong infrastructure for the production and distribution of sustainable aviation fuel, ensuring a sustainable future and promoting environmental responsibility. ”
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What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

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 working on adopting innovative strategies.

It is investing in sustainable aviation fuel production projects.

It is making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

Environmental, Social, and Governance (ESG) considerations are now central to strategic planning across the sector.

Title:

Content: China Airlines has achieved outstanding results in sustainability in recent years. In 2022, it won the first place in the global aviation industry in the Dow Jones Sustainability Index (DJSI). It has been selected as a constituent stock of emerging markets for 7 consecutive years. It also won the Taiwan Corporate Sustainability Award (TCSA) for 9 years. protection, social responsibility and corporate governance).
Xie Shizhen said that the carbon reduction part, the aviation industry carbon reduction fastest two paths, 1.
2. It is to add biofuel, and China Airlines is doing both. Although the new aircraft is partially affected by the supply chain, it will be delivered according to the plan. At present, China Airlines has set a goal in biofuel, accounting for 2% in 2025 and 10% in 2030.
General manager Gao Xinghuang pointed out that in the face of extreme weather, China Airlines has been evaluating and responding to the plan every year, and Taiwan's carbon rights are about to hit the road, China Airlines has a whole package of plans, last year, the cost of each long-haul ticket increased by more than 10 US dollars, carbon reduction is the future trend, but also to reflect the future fare costs, China Airlines continues to pay attention.
# China Airlines # 10 # Sustainable # 2030 # Goal

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Content: POINT OF VIEW
January 14 2024
TRAPSH: MONEY OF WESTERN “FRIENDS ” FOR INFLUENCE ON ABKHAZIA IS NEEDED IN GEORGIAN NPOs
Sukhum.
January 14, 2024.
Abkhazia-Inform.
Western sponsors are funding a number of "independent information projects" in Abkhazia, which...
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DEMAND FOR TOURS TO ABKHAZIA IS GROWING, PRICES ARE ALSO
News Wednesday, 27 March 2024 17: 01
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Sukhum.
27 March 2024.
Abkhazia-Inform.
The Ministry of Economic Development reported on the restoration of air communication with Abkhazia, the first test flight will take place this year.
At the same time, it is unlikely that the opening of the airport in Sukhum can be expected in the near future - this summer season, Russians going to Abkhazia will still fly to Sochi.
According to experts, direct flights will certainly spur the growth of tourist flow, but now the demand for rest in the country is breaking records.
In some companies, an increase of tens of percent is recorded, in some – at times.
However, at the end of the year, the growth will not be so significant due to the banal lack of rooms.
The airport is needed, the question is the price
"It is much easier for travelers to pass passport control at the airport, and not at the land border - this is a big plus from the point of view of tourists and an argument in favor of choosing a flight through Sukhum, - the press service of the tour operator" Alean "explains. - The opening of the airport should have a positive effect on the tourist flow."
However, according to experts, it is not yet clear how much passenger traffic will be able to serve the new airport.
If there are few flights in the schedule, and the prices, respectively, will be high, tourists will continue to give preference to the airport in Sochi.
It is also necessary to take into account the remoteness of the Sukhumi airport from different resorts of the republic.
So, the transfer to Gagra from Sochi takes less time than from Sukhum.
In "Intourist" emphasize that the airport is needed for the growth of tourist flow in parts remote from the border with Russia - Sukhum, Ochamchira, where the hotel sector is actively developing.
Transfer to these areas takes up to 2.5 hours.
To this you need to add time at the border: in the season queues there can take up to three hours.
The general director of the tour operator "Dolphin" Sergey Romashkin notes: the trial flight does not mean that the airport will work in full force.
It takes a huge amount of investment, you need to bring equipment.
“I would say that this story is for two or three years, ” the expert suggests.
Tours for the summer are bought up in winter
At the same time, the companies note that the demand for Abkhazia among Russian tourists at the beginning of the year increased significantly, with some tour operators - to record values.
“There is no doubt that Abkhazia will be one of the most popular beach destinations for the summer and velvet season, ” Intourist comments.“ Sales of tours there for early booking are five times higher than last year, this is probably one of the most successful campaigns in our history of sales of the destination. ”
In “Alean ” also report that in the winter (from December to February) early bookings were very active.
By the last week of March, sales of summer tours to Abkhazia increased by 35% compared to the volume of bookings for the same dates last year.
In retail, there is a similar picture.
According to the group of companies "Sletat.ru", the demand for tours to Abkhazia for these May holidays is 2.3 times higher than a year earlier.
The number of applications for travel in the summer is now 85% more than in the same period of 2023.
Level.Travel noted an increase in the depth of booking this year: of the total volume, 47% of tours were bought for the period June-September, against 35% for the same period of sales in 2023.
Places will end in April
However, according to experts, this does not mean that the same growth will be recorded at the end of the year.
“Abkhazia is the number two foreign destination after Turkey.
This year, the planned tourist flow is estimated at 2-2.5 million people, that is, the total growth will be 5-10%.
The country would have taken more, but for two years now there is a shortage of seats in Abkhazia.
Building a good hotel takes three years.
If they knew that they would need hotels, they would start building in 2021, but it was a pandemic time, ” explains Sergey Romashkin.
According to him, in “Dolphin ” early booking also increased by 50%.
Tourists realized that in April the places will run out and it will be extremely difficult to buy something for July-August, so they do it in advance.
In Alean, the growth in demand is associated with the activity of returning tourists, and with the improvement of the concepts of accommodation facilities, an increase in the number of hotels in the middle price segment, focused on family holidays.
Prices are rising, service is also
According to the specialists of the tour operator "Alean", on June 16 in the resort part of the city of Gagra, the hotel "Emerald" will open on the first coastline.
This is a modern 16-storey complex with a heated swimming pool.
From September 1, it will also open a spa center.
Price for two in June - from 74 600 rubles, catering system: full board and buffet (without flight).
In general, the growth in the cost of tours in companies is estimated at 20-40%.
“Most tourists go to Abkhazia for 7-10 nights.
In 2024, the average check for two for such a duration increased by 41%, 109 thousand rubles instead of 77 thousand last summer, ” – reported in Level.Travel.
According to "Sletat.ru", the average check for tours in the summer months for the year increased by 20%, to 110 800 rubles.
The average duration of rest in Abkhazia this time remained the same - 9 nights.
The group of companies specifies that now you can book a vacation in Abkhazia for two for 7 nights during the May holidays with accommodation in a 4 * hotel and a type of food "full board" by paying from 56 700 rubles.
According to the same parameters with departure in the first half of June - from 79 500 rubles.
Flights are included in the tour price.
However, as explained in “Aleana ”, the rise in price is not always associated with general inflation.
Prices for tours to those accommodation facilities that have switched from full board to "all inclusive" ("Europe", Grand Hotel "Russia", "Country of the Soul") increased by 30%.
For the rest, the company says, the rise in price was an average of 15% compared to last year's figures.
Author: Svetlana Baeva
Read 6 times Last modified on Wednesday, 27 March 2024 17: 06
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Tel.: + 7 (840) 229-41-79 Email: abkhinfo @ gmail.com
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In case of full or partial reprinting of materials hyperlink to www.abkhazinform.com is required.

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Fact.MR: Surging Commercial Aircraft Production to Offer Anaerobic Adhesives US$ 1 Bn Market Opportunity by 2032

Anaerobic Adhesives Market to Reach US$ 570 Mn in 2022 Amid High Usage in Cable Closures

Fact.MR's latest study uncovers details on hidden opportunities in the anaerobic adhesives market. It delivers insights into vital trends favoring demand outlook across various segments in terms of product type, substrate, end use, and region. Besides, the report predicts growth prospects of the anaerobic adhesives market for the forecast period.

NEW YORK, June 20, 2022 /PRNewswire/ -- The global anaerobic adhesives market size is expected to reach US$ 1 Bn in 2032, expanding at a CAGR of 5.8% between 2022-2032. Increasing focus of key companies on the enhancement of their manufacturing techniques is set to drive the market.

Surging production of commercial aircraft carriers owing to the increasing number of air passengers worldwide is another crucial factor that would aid growth. As per Fact.MR, the global anaerobic adhesives market stood at US$ 546.8 Mn in 2021 and is estimated to be valued at US$ 570 Mn in 2022.

Besides, growing application of anaerobic adhesives in dashboard accessories, instrumentation amplifier boxes, idler bushings, hose fixings, and plastic knobs in the automotive and transportation sector is set to spur growth.

For Critical Insights on this Market, Get A Sample Report!

https://www.factmr.com/connectus/sample?flag=S&rep_id=7468

Moreover, demand for anaerobic adhesives in the electrical and electronics industry is set to surge at a rapid pace. These adhesives are extensively used in the industry for sealing, low-pressure molding, potting, and bonding.

Apart from the above-mentioned uses, anaerobic adhesives are required to encapsulate vital components, such as cable closures, splice assemblies, and connectors in the electrical and electronics industry.

In addition, high demand for numerous home appliances and consumer electronics is projected to aid growth. As per the India Brand Equity Foundation (IBEF), the electronics manufacturing industry in India is expected to reach US$ 520 Bn by 2025 and the demand for electronic products is projected to surge to US$ 400 Bn by 2025.

Rising disposable income and changing lifestyles of people in developing countries, such as India are thus expected to propel sales of electronic products in future. Emergence of waterproof tapes with superior properties is anticipated to bolster growth.

Key Takeaways:

  • The U.S. anaerobic adhesives market is set to create an absolute $ opportunity and exhibit a CAGR of 6.7% by 2032.
  • China is projected to grow steadily at a CAGR of 6.5% in the forecast period.
  • India anaerobic adhesives market is likely to expand at a 4.6% CAGR by 2032.
  • Based on product type, the thread lockers segment is estimated to remain at the forefront by generating a market share of 37.5% till 2032.
  • By substrate, the metal substrate category is likely to generate a considerable share of 47.8% in the evaluation period.
  • In terms of end use, nearly 36.5% of the anaerobic adhesives market share is set to be generated by the automotive and transportation category.

Growth Drivers:

  • Increasing investments by key players in research and development activities to create sustainable adhesives are projected to drive growth.
  • Surging usage of anaerobic adhesives in the production of several home appliances, including cloth dryers and washing machines is expected to fuel growth.

Restraints:

  • Anaerobic adhesives often exhibit poor performance when blended with some thermoplastics, which may hamper demand.
  • Anaerobic adhesives are not suitable for usage on porous surfaces and provide limited gap cure, which can obstruct sales.

Get Customization on this Report for Specific Research Solutions https://www.factmr.com/connectus/sample?flag=RC&rep_id=7468

Competitive Landscape:

The global anaerobic adhesives market is highly fragmented in nature with the presence of various large- and small-scale companies. The majority of the key players are focusing on enhancing their capabilities in terms of strategic mergers or acquisitions. Some of the others are striving to eliminate the tough competition among rivals by introducing state-of-the-art adhesives for a wide range of end-use industries.

For instance,

  • In February 2022, Bostik, a leading manufacturer of adhesive and sealing products based in France, expanded its Born2Bond Anaerobic Adhesives portfolio of Engineering Adhesives line by introducing more sustainable and safer WL range offering. It would provide unique anaerobic engineering adhesives to the Maintenance, Repair and Overhaul (MRO) industry.
  • In July 2020, Arkema S.A., a specialty chemicals and advanced materials company headquartered in France, purchased Fixatti, a Belgium-based high-performance thermobonding adhesive powder manufacturer. The acquisition would help the former to expand its range of hotmelt adhesive solutions for various niche applications, such as textile printing, construction, automotive, battery, and technical coating markets.

Key Companies Profiled by Fact.MR

  • 3M
  • Henkel AG & Co. KGaA
  • Eastman Chemical Company
  • Permabond LLC.
  • ThreeBond Holdings Co. Ltd.
  • Anabond Limited
  • Cyberbond
  • Kisling AG
  • Parson Adhesives
  • Hylomar Ltd.

More Valuable Insights on Anaerobic Adhesives Market

In the latest study, Fact.MR offers a detailed study on global anaerobic adhesives market for the forecast period of 2022 to 2032. This study also highlights key drivers promoting the sales of anaerobic adhesives through detailed segmentation as follows:

By Product Type:

  • Thread Lockers
  • Thread Sealants
  • Retaining Compounds
  • Gasket Sealants

By Substrate:

  • Metal
  • Plastic
  • Other Substrates

By End Use:

  • Automotive & Transportation
  • Electrical & Electronics
  • Industrial
  • Other End Uses

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Interested to Procure The Data? Inquire here

https://www.factmr.com/connectus/sample?flag=EB&rep_id=7468

Key Questions Covered in the Anaerobic Adhesives Market Report

  • What is the projected value of the anaerobic adhesives market in 2022?
  • At what rate will the global anaerobic adhesives market grow until 2032?
  • Which are the factors hampering the growth in the anaerobic adhesives market?
  • Which region is expected to lead in the global anaerobic adhesives market during 2022-2032?
  • Which are the factors driving the anaerobic adhesives market during the forecast period?
  • What is the expected market value of the anaerobic adhesives market during the forecast period?

Explore Fact.MR's Coverage on the Chemicals & Materials Domain

Adhesives Market: As per Fact.MR, the global adhesives market is expected to reach US$ 102.6 Bn in 2032 and exhibit a CAGR of 5% in the forecast period. Increasing demand for bio-based adhesives, such as epoxies, polyisoprenes, and polyamides extracted from vegetable oil, as well as soybean is projected to drive growth.

UV Cured Adhesives Market: Rapid expansion of the electronics and medical industries in both developed and developing countries is likely to augment the global UV cured adhesives market growth. Surging usage of UV cured adhesives in swab manufacturing and rapid ventilator assembly lines is also expected to spur growth.

Adhesive Bubble Wrap Market: Increasing demand for cost-effective and safer packaging solutions in the pharmaceutical and e-commerce sectors is estimated to boost growth. Ability of adhesive bubble wraps to protect delicate goods from external damage during transportation and shipping is another vital factor that is set to push sales.

Pressure Sensitive Adhesives Market Study: The market for acrylic pressure-sensitive adhesives is predicted to grow at a CAGR of about 5% until 2031, projects Fact.MR. The increased demand for lightweight and low-emission automobiles, as well as the increasing usage of low-cost flexible packaging aids, is majorly spurring adoption.

Structural Adhesive Market Study: The major demand for structural adhesive in the Asia Pacific is likely to come from automotive, infrastructure, marine, and truck and bus applications. North America and Europe are also expected to witness significant growth in the structural adhesive market.

UV Cured Adhesives Market Study: UV Cured Adhesives Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030. Fact.MR's report also talks about how electronics, packaging, and optical applications are set to grow at a stable rate over the long-term forecast period.

Textile Adhesives Market Study: The Asia Pacific region is the most promising market for textile adhesives, owing to the presence of textile manufacturing hubs in the region. The MEA region, Latin America and Eastern Europe will also offer revenue generation opportunities for textile adhesives market players.

Die Cut Adhesive Market Study: The global die-cut adhesive market is expected to expand at mid-single-digit CAGR during the forecast period, owing to the rapid growth in the manufacturing sector & to overcome the production time of the products with the help of ready to use die-cut adhesives.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, chemical and materials, to even the most niche categories. 80% of Fortune 1000's trusts us in critical decision making.

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