Global aircraft demand is forecast to surge, with Boeing projecting a need for 41,170 new aircraft by 2041, 75% of which will be single-aisle models, reflecting the dominance of narrow-body planes in fleet modernization and expansion strategies .

Airbus is expected to account for 60% of narrow-body deliveries until 2026, leveraging innovation and efficiency, while Boeing remains a major competitor despite recent safety and production setbacks .

The Asia-Pacific region, particularly Southeast Asia, is a key growth driver, with its fleet expected to nearly triple by 2042, requiring over 4,200 new aircraft as passenger and cargo travel grows at 5.3% annually .

The Middle East is set to demand 3,000 new aircraft by 2042, 45% of which will be widebody planes, fueled by new flight hubs and ambitious tourism targets such as Saudi Arabia’s goal of 150 million visitors .

North America maintains a dominant position, with strong demand for narrow-body aircraft and significant investments in fleet upgrades .

Sustainability is a central trend, with the sustainable aviation fuel (SAF) market projected to grow from USD 66 million in 2020 to USD 2,987.5 million by 2027 at a CAGR of 72.4%, as airlines and manufacturers seek to reduce emissions and meet net-zero targets .

The aerospace composites market, vital for lightweight, fuel-efficient aircraft, is expected to reach $51.83 billion by 2027, driven by demand for high-strength materials .

Technological innovation is accelerating, with advancements in avionics, AI, hybrid and hydrogen propulsion, and electric aviation.

For example, CFM International’s open fan engine targets a 20% reduction in fuel consumption, and ZeroAvia is supplying 100 hydrogen-electric powertrains for zero-emission flights .

China’s Comac is emerging as a challenger, with China Eastern Airlines ordering 100 C919 jets to compete with Airbus and Boeing, while India is investing in domestic manufacturing with the C-295 plant [

Global aircraft demand is forecast to surge, with Boeing projecting a need for 41,170 new aircraft by 2041, 75% of which will be single-aisle models, reflecting the dominance of narrow-body planes in fleet modernization and expansion strategies .

Title:

Content: Southeast Asia Commercial Air Fleet Set To Nearly Triple Over Next 20 Years - Boeing

(@FahadShabbir)

WASHINGTON (UrduPoint News / Sputnik - 12th November, 2022) The number of commercial passenger and cargo aircraft operating in the Southeast Asia region is expected to almost triple from the current 1,600 to 4,200 over the next two decades, Boeing announced in its Commercial Market Outlook (CMO) report.

"To meet a projected long-term growth of 5.3% in passenger and cargo travel in the coming years, the CMO anticipates the region's carriers will need more than 4,200 new commercial airplanes over the next 20 years," Boeing said in the report on Friday. "This represents a huge growth in the current size of Southeast Asia's fleet of 1,600 and would make the region the second largest market in Asia."

Boeing said the CMO projected a return to a rapid rate of growth over the next 20 year.

The CMO report was released at the Association of Asia Pacific Airlines (AAPA) 66th Assembly of Presidents conference in Bangkok.

"Boeing expects the region's passenger traffic will surpass pre-pandemic demand over the next few years. We continue to expect ... tremendous upward mobility in this emerging region, with nearly 70% of all new deliveries in Southeast Asia serving growth in demand over the next 20 years,"

Boeing Commercial Marketing managing regional director for Asia Pacific Dave Schulte said in the report.

Southeast Asia's current fleet and number of commercial flights have increased more than 50% in 2022 compared to 2019 before the pandemic, the report added.

Airbus is expected to account for 60% of narrow-body deliveries until 2026, leveraging innovation and efficiency, while Boeing remains a major competitor despite recent safety and production setbacks .

Title:

Content:
Navigating The Skies Of Growth: Global Aerospace Composites Market Insights

(MENAFN- EIN Presswire)

Aerospace Composites Global Market Report 2024 : Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company's Aerospace Composites Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The 2024 Global Market Report on Aerospace Composites by The Business Research Company offers insights into market size, trends, and a global forecast spanning 2024-2033.” - The Business Research Company

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Market Overview: Ascending from $26.25 Billion to $29.95 Billion in 2023
The global aerospace composites market experienced robust growth, advancing from $26.25 billion in 2022 to $29.95 billion in 2023, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 14.1%. As the market evolves, it is poised for sustained expansion, projecting a market size of $51.83 billion by 2027, with a CAGR of 14.7%.

The global aerospace composites market is soaring to new heights, characterized by diverse fiber types, aircraft categories, manufacturing processes, resin varieties, and applications:
1 Fiber Type:
.Carbon Fiber Composites
.Ceramic Fiber Composites
.Glass Fiber Others
2 Aircraft Type:
.Commercial Aircraft
.Business & General Aviation
.Civil Helicopter
.Military Others
3 Manufacturing Process:
.AFP/ATL
.Lay-Up Process
.Resin Transfer Moulding Process
.Filament Winding Others
4 Resin Type:
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5 Application:
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Driving Force: Demand for High-Strength, Lightweight Materials The surge in demand for high-strength and lightweight composite materials is steering the aerospace composites market forward. The pursuit of energy efficiency and reduced fuel consumption is achieved through the use of lightweight materials, minimizing the aircraft's mass. This, in turn, leads to enhanced flight performance, structural strength, and stiffness, contributing to reduced carbon footprints. According to the '2020 State of the Industry Report' by Composites Manufacturing Magazine, the US composite end products market is anticipated to reach $33.4 billion by 2025, with glass fiber-based composites dominating the market.

Key Players Shaping the Horizon Major players shaping the aerospace composites market include Solvay, Toray Industries Inc., Mitsubishi Chemical Holdings, Hexcel Corporation, Teijin Limited, SGL Group, Spirit AeroSystems, Materion Corporation, Owens Corning, Spirit AeroSystems Inc., LEE Aerospace Inc., Gurit Holding AG, General Electric Corporation, Rolls-Royce Motor Cars Ltd., Kineco-Kaman Composites, and Nippon Graphite Fiber Corporation. These industry leaders contribute to market dynamics and foster innovation in composite material and process technologies.

Innovation Trends: Technological Advancements and Consortium Initiatives Companies in the aerospace composites market are steering their focus towards technological advancements to accelerate the development of next-generation aircraft and future mobility. Technologically advanced and modern aircraft, equipped with increased payload capacities and cost-efficiency, are replacing outdated models. For instance, GKN Aerospace, a UK-based company, launched the ASCEND consortium to advance lightweight structures, positioning the UK as a technology leader in future aerospace technologies. This initiative contributes to reducing carbon emissions and energy consumption in the aerospace industry.

Explore detailed insights into market trends, innovations, and growth opportunities with the complete report:

Regional Dynamics: North America Takes the Lead in 2022
In 2022, North America emerged as the largest region in the aerospace composites market. As the market evolves, Asia-Pacific is poised to be the fastest-growing region, offering significant opportunities for market players. The regions covered in the aerospace composites market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Aerospace Composites Global Market Report 2023 from TBRC covers the following information:
.Market size date for the forecast period: Historical and Future
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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The Aerospace Composites Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on aerospace composites market size, aerospace composites market drivers and trends, aerospace composites market major players, competitors' revenues, market positioning, and market growth across geographies. The aerospace composites market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:
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Aerospace Materials Global Market Report 2023
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What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

The Asia-Pacific region, particularly Southeast Asia, is a key growth driver, with its fleet expected to nearly triple by 2042, requiring over 4,200 new aircraft as passenger and cargo travel grows at 5.3% annually .

Title:

Content: Boeing cuts 20-year industrywide outlook for planes

3 minute read

Signage for Boeing is seen on a trade pavilion at Farnborough International Airshow in Farnborough, Britain, July 17, 2018. REUTERS/Toby Melville/File Photo

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LONDON, July 17 (Reuters) - U.S. airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market.

Boeing projects airlines worldwide will need 41,170 new airplanes over 20 years with half of the deliveries for replacement aircraft, and with single-aisle aircraft accounting for about 75% of planes.

Boeing's new market outlook, released on Sunday ahead of the Farnborough Airshow, is down from its previous rolling 20-year-forecast of 43,610 deliveries.

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The new estimate excludes the Russian market and its projection of 1,540 airplanes, because of the war in Ukraine and uncertainty about when manufacturers could again sell planes to Russian carriers.

Boeing slightly boosted its forecast for demand over the next 10 years to 19,575 airplane deliveries -- a higher projection even excluding the Russian market.

"That's a function of a depressed environment in 2021 falling off and a new trend year in 2031 being added," Darren Hulst, Boeing vice president for commercial marketing, told reporters in a briefing ahead of the Sunday release. "It comes very close to our 2019" outlook if Russia was included.

Boeing also dropped its industrywide passenger traffic forecast growth rate slightly to 3.8% from 4%, but boosted its cargo growth forecast to 4.1% from 4% last year. It cut its fleet growth forecast to 2.8% from 3.1%. Its forecast for widebody deliveries over 20 years fell from 7,670 to 7,230.

Boeing still projects the global airline fleet by 2041 will nearly double as it still sees a worldwide aviation demand COVID-19 recovery by early 2024.

Over the next 20 years Boeing said "long-term fundamentals remain intact."

"Our view of medium-term recovery -- when the industry gets back to 2019 levels of global airline traffic -- is largely unchanged" since 2020, Hulst said. "Overall, we still see late 2023, early 2024 as the time where the industry recovers to full or at least the level of pre-pandemic traffic."

Boeing sees strong near-term demand for aircraft despite recession risks.

"The global industry is still on a recovery trajectory back to where the normal relationship of GDP and traffic would be," Hulst said. "Any small blip from an economy standpoint would be probably overwhelmed by the demand that exists as a result of those normal economic relationships."

Boeing also projects the freighter fleet will grow 80% by 2041. Air cargo is performing at "historic levels," Hulst said, saying it is in part "a function of the increasing strategic value of air cargo relative to supply chains that are challenged and shipping that is challenged."

Boeing sees e-commerce networks as helping to drive a "strategic shift to air cargo even into the medium- and long-term. ... This isn't just a blip in terms of shipping versus air."

Hulst said the number of routes with more than one airline operating has more than doubled over the last two decades -- representing 70% of all capacity. It demonstrates "the continuous innovation that airlines need to have to continue to compete at lower costs to attract more and more traffic."

Air cargo still only accounts for 1% of global trade. "A small shift in terms of mode of transportation, of key elements of trade, makes a big impact in terms of demand for air cargo," Hulst said.

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Reporting by David Shepardson; Editing by Leslie Adler

Our Standards: The Thomson Reuters Trust Principles.

The Middle East is set to demand 3,000 new aircraft by 2042, 45% of which will be widebody planes, fueled by new flight hubs and ambitious tourism targets such as Saudi Arabia’s goal of 150 million visitors .

Title:

Content: Spokane, Washington  Est. May 19, 1883

China’s planemaker gets $9.9 billion order for 100 C919 jets

By Danny Lee Bloomberg

China Eastern Airlines Corp. ordered 100 C919 single-aisle planes from Commercial Aircraft Corp of China Ltd., dealing a potential blow to Boeing Co., which hasn’t had a large order from Chinese carriers in years.

The order is worth $9.9 billion at list prices, but a significant discount has been applied, Shanghai-based China Eastern said in a statement Thursday.

Airlines typically get reductions from the listed prices when making bulk orders. The planes will be delivered from 2024 to 2031.

Commercial Aircraft Corp of China, or Comac, produces the C919, seen as a possible rival to best-selling jets from Airbus SE and Boeing.

Thursday’s deal elevates the Chinese-made aircraft in terms of competitiveness, given it only made its first commercial flight in May, also operated by China Eastern.

China Eastern already operates two C919s, part of a previous order for five of the planes.

Comac, which also makes the smaller regional ARJ21 jet, has received more than 1,000 orders in total for the C919, primarily from China.

The order was determined according to the needs of the company “in respect of fleet structure, development strategy and route network, as well as the supply capacity of Comac,” China Eastern said.

The carrier will finance the purchase with its own funds, bank loans and proceeds from bond issues and other financing, it said.

Five C919 aircraft will be delivered in 2024 and then 10 a year from 2025 to 2027, rising to 15 in the next three years and 20 in 2031, China Eastern said.

The airline operates 782 aircraft and last year ordered 100 Airbus short-haul jets in a deal it said was worth $12.8 billion, prior to discounts.

That was part of a wider $37 billion deal from Chinese airlines for almost 300 Airbus planes.

Meanwhile, Boeing’s orders have dried up in China, its most important export market, partly due to simmering tensions between Washington and Beijing.China also took longer than other places to lift a ban on the U.S. manufacturer’s 737 Max, which was grounded in the wake of crashes in 2018 and 2019.

While China declared the Max airworthy again in December 2021, it took more than a year for the country’s airlines to start using the model.

China Southern Airlines Co. operated the first passenger flight in about four years in January.

In its latest commercial market outlook, Boeing said China will account for a fifth of the world’s new aircraft deliveries over the next 20 years, amounting to 8,560 planes.

Of those, 6,470 will be narrowbodies, such as the Max, it said.

North America maintains a dominant position, with strong demand for narrow-body aircraft and significant investments in fleet upgrades .

Title:

Content: [Pictures] Farnborough Air Show 2022: nice resumption after 4 years of absence, but mood was below previous editions

0
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The Farnborough Air Show 2022 which ended last Friday was marked by a notable return of orders for Boeing, especially for its 737 MAX, and the emphasis on decarbonisation. But after four years of absence, the event seemed halfhearted compared to previous editions.

(Text and photographs by our correspondents in Farnborough: Benoît Denet, Martin Gillet, Ivan Coninx, André Orban)

Was it an effect of the severe heat wave that hit England at the beginning of the show, or the absence of Russian exhibitors sanctioned after the invasion of Ukraine? Anyway, aeroplanes and helicopters, both civilian and military, displayed along the tarmac as well as in flight demonstrations, were fewer than in the past.

Airbus vs Boeing

With 297 orders and commitments that we detailed in earlier articles, Boeing is far ahead of Airbus and its 85 orders, but a long way from the more than 1,400 planes ordered during the previous edition of Farnborough in 2018. Boeing had a long way to catch up after the two-year grounding of the 737 MAX following the crash of two aircraft claiming the lives of 345 people, and the recurring problems with the still grounded 787 Dreamliner and the certification of the 777X which keeps getting delayed. Nevertheless, the 777-9 and the 737-10 made stunning in-flight demonstrations at the show.

The big subject for Airbus today is less to increase the size of the order book than to deliver the planes“, according to its president Guillaume Faury, while the chain of suppliers is struggling to keep up with rate increases.

For Boeing, “the time is always for humility“, according to commercial director Ihssane Mounir. He observes that from the commercial point of view, the recovery is well underway.

The other manufacturers, Embraer and ATR, recorded few sales despite the presence of their latest more fuel-efficient aircraft. The business and leisure aircraft manufacturers (Gulfstream, Textron, Piaggio, …) were also rather discreet. A few e-VTOL aircraft (or should we say drones) were presented as the future of short-distance air mobility.

Decarbonisation, an urgent issue

The aviation sector, responsible for some 3 percent of greenhouse gas emissions, is under pressure to reduce its environmental footprint. Farnborough highlighted many initiatives to be more climate-friendly. British engine manufacturer Rolls-Royce has thus announced partnerships on an early concept of a hydrogen engine, fuel cell systems and electric propulsion.

Airbus has put forward several innovations such as a CO2 capture and storage project, or a prototype wing made of composite materials which will reduce the aircraft’s drag and fuel consumption.

Engine manufacturer CFM, a joint venture between General Electric and Safran, has announced that it will test in flight on an A380 an “open fan” engine (i.e. without a nacelle) as part of its RISE project aimed at developing an engine consuming 20% less fuel.

Defence remained quiet

Despite the war in Ukraine and rising defence budgets in Europe, military aeronautics remained discreet throughout the show. The main announcement concerned the launch of a demonstrator, which must fly within five years, of the future British Tempest combat aircraft presented in the BAE building.

Aviation24.be was present at the Farnborough International Air Show 2022 and is proud to present the following photographs of both the static display and the in-flight demonstrations enabling the pilots to show some stunning capabilities of large commercial aircraft.

Sustainability is a central trend, with the sustainable aviation fuel (SAF) market projected to grow from USD 66 million in 2020 to USD 2,987.5 million by 2027 at a CAGR of 72.4%, as airlines and manufacturers seek to reduce emissions and meet net-zero targets .

Title:

Content: Commercial Aircraft Interior Lighting Global Market Report 2023: Increasing Aircraft Modernization Programs Drive Demand

Dublin, IRELAND

Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "Commercial Aircraft Interior Lighting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)" report has been added to ResearchAndMarkets.com's offering.

The commercial aircraft interior lighting market is anticipated to grow at a CAGR of over 5.5% during the forecast period.

A growing number of air passengers, rising investments in the aviation sector, and increasing aircraft modernization programs create demand for internal systems, which drive market growth.

Increasing preference for new LED and OLED lights to enhance customer experience during the flight is expected to support the development of the market.

Furthermore, increased demand for non-electrical floor path lighting drive market growth. It consists of photoluminescent lighting strips installed on the cabin floor to guide passengers to emergency exists in case of lighting failures. The system does not require a lightweight power source, has an improved lifespan, and has zero maintenance.

Additionally, aging aircraft are undergoing refurbishments to extend their service lives, which may further generate demand for interior cabin products. Traditional lights are being replaced by advanced LEDs that have longer lives, low power consumption, robust designs, and enable easy installation, driving the market's growth during the forecast period.

Commercial Aircraft Interior Lighting Market Trends

Narrow-body Aircraft Segment is Expected to Show the Highest Growth During the Forecasts Period

Narrow-body aircraft are estimated to show remarkable growth during the forecast period. The growth is due to increasing narrow-body aircraft deliveries and investment in aircraft modernization programs.

In 2021, Boeing delivered 263 narrow-body aircraft (43 aircraft delivered in 2020), while Airbus delivered 533 narrow-body aircraft (484 aircraft delivered in 2020). Furthermore, Air India is planning to buy 300 narrow-body aircraft, one of the largest orders in India's commercial aviation.

Thus, growing orders for narrow-body aircraft and increasing expenditure from airlines on aircraft interior lighting systems drive the market growth. In addition, airlines are adopting advanced technologies to enhance passengers' experience during flights.

For instance, in November 2021, Singapore Airlines (SIA) launched new cabin products that were rolled out on its Boeing 737-8 fleet. The products include business class seats, Wi-Fi service, and others.

The business class seat has USB charging ports, an in-seat power supply, a reading light with adjustable brightness, and mood lighting. Such developments are likely to fuel the demand for commercial aircraft lighting over the forecast period.

North America Will Dominate the Market During the Forecast Period

North America is projected to show significant growth during the forecast period. The growth is due to the presence of well flourish aviation industry, increasing aircraft deliveries, and growing spending on the aviation sector. Developing air traffic and the modernization of aging aircraft is likely to boost market growth in the coming years.

Boeing, an aircraft manufacturer, forecasts that there is expected to be demand for about 41,170 new passenger and freighter aircraft deliveries over the next 20 years. Of the total projected deliveries, 23% of the new aircraft deliveries are likely to go to the North American region. In comparison, 63% will go to Europe, Asia-Pacific, and China, with a share of 21% respectively.

For instance, in June 2022, Delta Air Lines plans to buy 12 new A220-300 aircraft from Airbus. Also, Delta announced that it would buy 100 Boeing 737 MAX 10 jets worth about USD 13.5 billion and has options to buy another 30. In addition, in June 2021, United Airlines, an American airline, ordered 270 commercial aircraft, out of which 200 were Boeing Max jets and 70 Airbus A321neos.

The airline is planning to make seatback screens central to its new aircraft interiors and add higher numbers of roomier seats in coach. Thus, growing investments from airlines and increasing aircraft deliveries will create demand for advanced aircraft lighting systems that drive market growth across North America.

Commercial Aircraft Interior Lighting Industry Overview

The market for commercial aircraft interior lighting is fragmented, with several global and local players. Some prominent players are Collins Aerospace, STG Aerospace, Cobalt Aerospace, Safran SA, SELA, and Diehl Stiftung & Co. KG. The commercial aircraft interior lighting market is highly competitive. Product innovation is critical for the existing players to enhance their market presence. Moreover, long-term OEM contracts help companies maintain stable growth with increasing aircraft orders. For instance, Diehl Aviation and HAECO cabin solutions enter into a strategic commercial agreement to deliver a wide range of aircraft cabin interior components such as lighting systems, stowages, galleys, lavatories, seating, and reconfiguration engineering.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

5 MARKET SEGMENTATION
5.1 Aircraft Type
5.1.1 Narrow-body Aircraft
5.1.2 Wide-body Aircraft
5.1.3 Regional Aircraft
5.2 Light Type
5.2.1 Reading Lights
5.2.2 Ceiling and Wall Lights
5.2.3 Signage Lights
5.2.4 Lavatory Lights
5.2.5 Floor Path Lighting Stripes
5.3 Cabin Class
5.3.1 Economy Class
5.3.2 Business Class
5.3.3 First Class
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Rest of Latin America
5.4.5 Middle East and Africa
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 South Africa
5.4.5.4 Egypt
5.4.5.5 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

A selection of companies mentioned in this report includes

  • Collins Aerospace (United Technologies Corporation)
  • STG Aerospace Limited
  • Cobalt Aerospace Group
  • Safran SA
  • Diehl Stiftung & Co. KG
  • SELA Lighting Systems
  • Astronics Corporation
  • Luminator Technology Group
  • Schott AG
  • Cobham PLC
  • Soderberg Manufacturing Co. Inc.
  • Bruce Aerospace

For more information about this report visit https://www.researchandmarkets.com/r/t8a1fn

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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The aerospace composites market, vital for lightweight, fuel-efficient aircraft, is expected to reach $51.83 billion by 2027, driven by demand for high-strength materials .

Title:

Content: Middle East will need 3k new aircraft by 2042: Boeing

Boeing holds a significant position in the operations of the Kingdom’s flagship carrier, Riyadh Air. Shutterstock.
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Middle East will need 3k new aircraft by 2042: Boeing

RIYADH: Boeing anticipates a demand for 3,000 new aircraft in the Middle East by 2042, signifying the region’s growth in the aviation sector.

During a media briefing ahead on Nov. 12, ahead of Dubai Airshow 2023, President of Boeing Brendan Nelson restated the company’s commitment to supporting the industry in Saudi Arabia, the UAE, and neighboring nations.

Boeing holds a significant position in the operations of the Kingdom’s flagship carrier, Riyadh Air ,as in March, the airline ordered a fleet of 72 787 Dreamliners, with the inaugural flight scheduled for 2025.

The aviation firm plans to work closely with regional governments, focusing on manufacturing aircraft parts, research and development, and professional training to contribute to the sector’s growth.

According to Khaleej Times, Nelson said: “Our vision is to build an ecosystem in the region, invest in R&D (research and development), develop industrial partnerships, and enhance manufacturing capacity in both commercial and defense sectors.”

As part of its expanding regional engagements, Boeing joined forces with the UAE’s leading renewable energy firm Masdar in October to advance the global sustainable aviation fuel industry, aligning with the industry’s goal of achieving net zero emissions by 2050.

According to Boeing’s Commercial Market Outlook forecast, global airlines will need 42,595 new aircraft by 2042, with Middle East-based airlines requiring 3,025 – 45 percent being widebody planes.

These objectives are driven by the rising demand for travel within the region and the emergence of new flight hubs.

Boeing predicts that the global aviation industry will require 2.2 million new personnel by 2042, with the Middle East and Africa contributing 13 percent to meet this demand.

Nelson emphasized the company’s active exploration of additional opportunities in Saudi Arabia and the broader region, where over 3,000 aircraft, 58,000 pilots, and nearly 100,000 crews will be needed in the next two decades.

The demand for airliners is anticipated to remain robust, propelled by the Kingdom’s target of attracting 150 million tourists as part of its economic diversification efforts.

Saudi Arabia’s aviation evolution

Saudi Arabia launched a new aviation policy in October to boost the sector’s performance and attract investments worth $100 billion by 2030.

According to the General Authority of Civil Aviation, the plan will see new regulations for airports, ground services, cargo and air transport services.

This approach supports the privatization of airports, facilitates the procedures for new investors to join the aviation market, and enables airport operators to set wages according to their plans.

The authority will also enable airport operators to diversify their revenues flexibly by increasing revenues from non-navigational services.

In September, Randy Heisey, Boeing’s managing director of commercial marketing in Africa and the Middle East region, told Arab News that the company is working with Saudi airlines to implement advanced aircraft and engine technologies that align with global sustainability goals.

Riyadh Airports partners with ADB Safegate to modernize aviation infrastructure

Updated 32 sec ago
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Riyadh Airports partners with ADB Safegate to modernize aviation infrastructure

RIYADH: Saudi Arabia’s King Khalid International Airport is poised to witness improved efficiency thanks to its partnership with ADB Safegate, a Belgium-based aviation service provider.

Riyadh Airports Co., the entity overseeing the airbase’s operations, has recently signed a memorandum of understanding with the global aviation solution provider to foster cooperation.

The collaboration aims to develop energy efficiency, implement predictive maintenance, and enhance streamlined passenger flow.

The partnership also includes working on an innovative transformation process that leverages technical solutions to digitize airport automation, monitoring, and maintenance processes.

The companies involved plan to explore the potential of artificial intelligence, machine learning, and advanced video analytics. Furthermore, both entities will collaborate on virtual reality, augmented reality, as well as Internet of Things technologies. In addition, the implementation of 5G technology is also on the agenda.

Osama Al-Fawaz, CEO of Information and Communications Technology at Riyadh Airports Co., said that this agreement aligns with the digital transformation goals of the company, relying on the latest specialized technologies.

Laurent Dubois, CEO of Safegate, highlighted the transformative potential of this agreement, emphasizing that RAC operates one of the region’s most significant airports. He added that the deal reflects Riyadh Airports’ eagerness to adopt the latest international technologies in the field.

According to data from the General Authority of Civil Aviation, the Riyadh airport outperformed other international aviation hubs in Saudi Arabia for overall performance in September. It achieved high marks across the 11 operational performance standards, which track passenger experience and airport efficiency.

The airbase secured the top spot in the category of international terminals serving over 15 million passengers annually, with a compliance rate of 82 percent.

The MoU aligns with Saudi Arabia’s Vision 2030 National Aviation Strategy, which seeks to diversify revenue sources by boosting the travel and tourism sector.

According to the strategy’s goals, the Kingdom aims to enhance air connectivity to 250 destinations, accommodating 330 million passengers, and doubling air cargo capacity to 4.5 million tons by 2030.

Riyadh Air unveils second livery design at Dubai Airshow

Updated 12 min 8 sec ago
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Riyadh Air unveils second livery design at Dubai Airshow

RIYADH: Saudi flag carrier Riyadh Air revealed its second livery design via a QR code at the Dubai Airshow on Monday.

The new livery maintains the indigo theme, announced in June at the Paris Air Show, with striking lines of Arabic calligraphy.

This move reflects the Kingdom’s forward-thinking ambitions of using iridescent color to add a modern twist to the innovative design, making Riyadh Air, wholly owned by the Public Investment Fund, instantly recognizable on land or in the air.

“As the largest startup in commercial aviation in decades, we are delighted to unveil to the world Riyadh Air’s second livery, which will be unmistakable when it takes to the skies in 2025 as we become one of the first international carriers to have permanent dual liveries on an active fleet,” said Riyadh Air CEO Tony Douglas in a statement.

The new look features a widespread cockpit window design, contrasting the indigo signature theme against a light sparkling fuselage.

Additionally, the aircraft will have Riyadh Air written in English and Arabic alongside the airline’s trademark logo on the tail, engines and underbelly.

“We revealed our first livery reveal to global acclaim, announced fleet orders for our wide-body aircraft and signed several ground-breaking new partnerships,” said Douglas.

He added: “This iconic second livery is the latest milestone for Riyadh Air as we shape and disrupt the future of air travel and aviation, with many more things to come.”

Creating a second Saudi national airline alongside the existing flag carrier Saudia is part of the Kingdom’s plan to diversify its economy.

The CEO said that the airline has already provisionally ordered 72 Boeing 787 wide-body jets, and narrow-body aircraft were next.

Douglas also unveiled Riyadh Air’s plans to begin operations in 2025 and connect the Kingdom’s capital to over 100 destinations worldwide by 2030.

“It’s a brand that has an obsessional attention to detail with guest experience. It’s a brand that is a true digital native because we have no legacy. It’s a brand that stands for commercial aviation and environmental sustainability,” he said.

In March, Saudi Crown Prince Mohammed bin Salman announced the creation of the new national airline.

The airline seeks to enable Riyadh to become a gateway to the world and a global destination for transportation, trade, and tourism, the Saudi Press Agency reported at that time.

East Pipes secures $117m contract with Aramco

Updated 13 November 2023
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East Pipes secures $117m contract with Aramco

RIYADH: Dammam-based East Pipes Integrated Co. for Industry has secured a contract worth over SR440 million ($117 million) with Saudi energy giant Aramco for the manufacturing and supply of steel pipes for key projects within the Kingdom.

In its filing to Tadawul, the manufacturer of spiral steel pipes stated that the entire contract work is set to be completed within a 13-month period. The company further emphasized that the financial impact of the contract will be evident in the second and third quarters of the financial year 2024/2025.

Established in 2010, East Pipes is one of the leading manufacturers of helical submerged arc welded pipes, with an annual production capacity of up to 500,000 tons, according to its website.

In May, the firm secured a contract to manufacture and supply steel pipes to Aramco, marking another significant deal worth SR1.8 billion, according to a bourse filing.

Oil Updates - crude falls on weak demand outlook in US and China, Fed hedging

Updated 13 November 2023
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Oil Updates - crude falls on weak demand outlook in US and China, Fed hedging

BEIJING: Oil prices fell on Monday, erasing gains from Friday as renewed concerns over waning demand in the US and China, coupled with mixed signals from the Federal Reserve, dented market sentiment, according to Reuters.

Brent crude futures for January were down 61 cents, or 0.75 percent, at $80.82 a barrel at 11.00 a.m. Saudi time, while the US West Texas Intermediate crude futures for December were at $76.56, down 61 cents, or 0.79 percent.

Prices gained nearly 2 percent on Friday as Iraq voiced support for oil cuts by the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, but lost about 4 percent for the week, notching their third weekly losses for the first time since May.

“Investors are more focused on slow demand in the United States and China while worries over the potential supply disruptions from the Israel-Hamas conflict have somewhat receded,” said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities.

The US Energy Information Administration said last week crude oil production in the country this year will rise by slightly less than previously expected while demand will fall.

Next year, per capita US gasoline consumption could fall to the lowest level in two decades, it said.

Markets were wary of potential US policy tightening after Federal Reserve Chair Jerome Powell said last week that it could raise interest rates again if progress on curbing inflation stalls.

With financial conditions looser after a Friday jump in stock markets, “there is a good chance of more hawkish Fed speak this week,” said Tony Sycamore, a market analyst at IG.

That is “not a prospect that crude oil will welcome given that recent data in China and the US has brought growth fears back to the surface,” he said.

Weak economic data last week from China, the world’s biggest crude oil importer, increased fears of faltering demand.

China’s consumer prices fell to pandemic-era lows in October, casting doubts on the strength of the country’s economic recovery.

Additionally, refiners in China asked for less supply from Saudi Arabia, the world’s largest exporter, for December.

Still, Kikukawa said oil prices would be supported if WTI approaches $75 a barrel.

“If the market falls further, we will likely see support buying on expectations that Saudi Arabia and Russia would decide to continue their voluntary supply cuts after December,” Kikukawa said.

Top oil exporters Saudi Arabia and Russia confirmed last week they would continue with their additional voluntary oil output cuts until the end of the year as concerns over demand and economic growth continue to drag on crude markets.

OPEC+ will meet on Nov. 26.

On the supply side, US energy firms cut the number of oil rigs operating for a second week in a row to their lowest since January 2022, energy services firm Baker Hughes said. The rig count points to future output.

Egypt’s headline inflation eases to 35.8% in October

Updated 13 November 2023
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Egypt’s headline inflation eases to 35.8% in October

CAIRO: Egypt’s annual urban consumer price inflation rate dropped to 35.8 percent in October from a record high of 38 percent in September, data from the country’s statistics agency CAPMAS showed on Saturday, coming in lower than analysts had expected.

The median forecast of 19 analysts polled by Reuters had shown inflation slipping to 37.1 percent.

Month on month, price rises slowed to 1 percent in October from 2 percent in September.

Inflation had accelerated every month since June, when it reached 35.7 percent, topping the previous high of 32.95 percent in July 2017.

Food and beverage prices rose by 1.5 percent month on month and an annual 71.3 percent, CAPMAS said.

Meanwhile, Egypt’s central bank said on Monday it sold $1.6 billion in one-year dollar-denominated Treasury bills with an average yield of 4.6 percent. The auction will be settled on Tuesday.

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.

Technological innovation is accelerating, with advancements in avionics, AI, hybrid and hydrogen propulsion, and electric aviation.

For example, CFM International’s open fan engine targets a 20% reduction in fuel consumption, and ZeroAvia is supplying 100 hydrogen-electric powertrains for zero-emission flights .

Title:

Content: Boeing seems unable to keep up with its rival Airbus | Mint

Boeing seems unable to keep up with its rival Airbus

Summary

  • An Alaska Airlines Boeing 737 Max mishap has revived safety concerns. It would be ironic if Airbus were to adopt Boeing’s focus on shareholder returns.

When Boeing was building a seemingly unassailable position in commercial aviation in the 1960s and 70s, passengers’ faith in its relentless focus on quality inspired the slogan “If it ain’t Boeing, I ain’t going." After the latest calamity to befall the company—the in-flight blowout of a 737 Max door plug of a plane operated by Alaska Airlines that fortunately wasn’t fatal, unlike the two crashes involving 737 Max jets in 2018 and 2019— aviation needs a new catchphrase that encapsulates Boeing’s shattered safety reputation and the ascendance of its sole big rival. This flier suggests, “If it ain’t Airbus, the regular bus will do just fine."

In the wake of the Lion Air and Ethiopian Airlines disasters, I wrote that the Airbus-Boeing duopoly had become “extremely unbalanced." At this point, I’m running out of hyperbole to describe the starkly diverging fortunes of the two aircraft makers.

Notwithstanding a punishing pandemic and supplier difficulties that have slowed Airbus’ advance, on just about every metric the European firm is trouncing its US rival [whose CEO has reportedly admitted a “mistake" related to the Alaska Airlines incident]. Barring an unforced error, it’s hard to see Boeing catch up.

Airbus’s rise reminds me of the allegory of the tortoise and the hare. For a long time, investors were transfixed by Boeing’s superior financial performance which Airbus struggled to match. The European company was formed via the merger of assorted national aerospace units, meaning Airbus’ factories were spread across several countries and governments were always interfering to ensure they weren’t disadvantaged. Though it enjoyed impressive sales success, thanks to innovations such as fly-by-wire, Airbus was forever engulfed with international bribery allegations or financial albatrosses such as the A380 superjumbo. But Airbus’ persistence paved the way for the mess Boeing is in today. The 2010 launch of a more fuel-efficient version of the single-aisle A320 known as the Neo prompted its archrival to hurry its riposte, the 737 Max, leading to design compromises that may have played a role in the two crashes.

The grounding of the 737 Max helped Airbus add to its lead in single-aisle jets— the industry’s cash cow. The European firm has capitalized on trade tensions that forced Boeing to pause deliveries to China and caused a long hiatus in Chinese orders. While Airbus executives said at the Paris air show in June that the duopoly is “alive and kicking," analysts at RBC Capital Markets expect Airbus to account for 60% of narrow-body plane deliveries until 2026. Boeing’s latest safety issues will slow its production even more.

To be sure, Airbus has its own supplier issues, which constrain its ability to capitalize on this opportunity, the most serious being those affecting engines produced by RTX’s Pratt & Whitney unit for the A320 Neo. This will require hundreds of jets to be grounded for inspections and may slow Airbus’ ambition to up production. So, as my colleague Brooke Sutherland has noted, airline customers who want a new jet before the end of the decade may have no choice but to order from Boeing.

A hobbled rival isn’t necessarily a good thing from Airbus’ perspective, as it may prompt Boeing to develop new aircraft. But I think Airbus has little to fear on that front. Boeing has held back from building a mid-market aircraft to take on the long-range version of the A321 because executives worried it wouldn’t deliver the substantial fuel efficiency improvements that justify such massive investment.

Besides, Boeing’s balance sheet is in such a bad state—the US company has almost $17 billion in negative net assets and $39 billion of net indebtedness—it probably can’t afford it. Airbus’ stock has recouped all the losses caused by the pandemic even as productivity remains suboptimal due to the thousands of extra workers the company has hired to enhance manufacturing resilience. The shares touched a record high on Tuesday. With net cash likely to have exceeded €10 billion ($10.9 billion) at the end of December, it’s also on the cusp of being able to return more money to shareholders.

Prioritizing investors instead of making investments in quality and resilience is what got Boeing into trouble—the US manufacturer spent around $44 billion on share repurchases between 2013 and 2019, according to data compiled by Bloomberg. Airbus has always been far more conservative and may find other uses for its cash, including acquisitions.

Nevertheless, it would be no small irony were Airbus to partly echo Boeing’s cash-returning strategy. At that point, there will be no doubt that the tortoise has decisively beaten the hare. ©bloomberg

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Title:

Content: ZeroAvia and MONTE Strike Deal for 100 Hydrogen-Electric Powertrains to Enable Zero-Emission Aircraft Leasing

June 8, 2022 0 By Press Release

ZeroAvia, the leader in developing zero-emission solutions for commercial aviation, today announced that it has signed an agreement with MONTE Aircraft Leasing (MONTE), the pioneering zero-emissions regional turboprop aircraft lessor. As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights.

Under the deal, MONTE will purchase up to 100 ZA600 powertrains to be installed on existing and new Cessna Caravan, DHC-6 Twin Otter, Dornier 228 and HAL-228 aircraft. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations. The deal will make ZeroAvia MONTE’s exclusive hydrogen-electric powertrain provider for these aircraft.

Timothy Eyre, Investment Director, MONTE said: “We are delighted to have partnered with ZeroAvia who are the market leader in the hydrogen-electric space. Our partnership is an important step in our journey towards becoming one of the world’s first zero-emission aircraft lessors and we look forward to working with the ZeroAvia team on offering financing solutions for turboprop operators.”

James Peck, VP Business Development, ZeroAvia, said: “We’re pleased to announce our partnership with MONTE. Together, ZeroAvia and MONTE will provide a compelling proposition to operators of 5-20 seat aircraft. This partnership will offer flexibility to operators to allow them to launch zero-emissions flights on their networks, as well as extending the lifespan of hundreds of in-service airframes.”

ZeroAvia’s hydrogen-electric powertrain brings state-of-the-art fuel cell and electric motor technology together to create an unparalleled aircraft engine that will deliver improved operating economics without harming the planet. The ZA600 powertrain – ZeroAvia’s market entry, 600kW system, designed to support 5-20 seat airframes by 2024 – uses gaseous hydrogen stored onboard in lightweight tanks. The hydrogen feeds fuel cell stacks that generate power by converting hydrogen into electricity.

ZeroAvia will soon flight test the ZA600 powertrain in a retrofitted Dornier 228. In the initial testing configuration, the aircraft testbed will fly with one hydrogen-electric powertrain on one wing, while keeping the stock engine on the other wing to ensure safe testing conditions. The testing program will then sequentially move to full hydrogen-electric flight, ultimately working towards a certifiable hydrogen-electric powertrain as the sole propulsion source for the categories of airframes included in this deal with MONTE.

The work to develop ZA600 up to a certifiable configuration is part of the HyFlyer II project, in part supported by the UK Government through the ATI program.

About ZeroAvia

ZeroAvia is a leader in zero-emission aviation, focused on hydrogen-electric aviation solutions to address a variety of markets, initially targeting a 300-mile range in 5-20 seat aircraft by 2024, and up to 1000-mile range in 40-80 seat aircraft by 2026. Based in the UK and USA, ZeroAvia has already secured experimental certificates for its two-prototype aircraft from the CAA and FAA, passed significant flight test milestones, secured a number of key partnerships with major aircraft OEMs and major global airlines, and is on track for commercial operations in 2024. The company’s expanding UK operations are supported by grants from UK’s Aerospace Technology Institute and Innovate UK, and ZeroAvia is part of the UK Government’s Jet Zero Council. For more, please visit ZeroAvia.com, follow @ZeroAvia on Twitter, Instagram, and LinkedIn.

 About MONTE

MONTE is a pioneer in financing zero-emission technologies in the regional aviation market. MONTE is exclusively focused on supporting the aviation industry’s transition to net zero carbon emissions by providing financing and leasing solutions for zero-emission technologies to regional aircraft operators. MONTE has a goal of becoming the first carbon neutral aircraft leasing company in the world by 2027. For more information, please visit montecleantech.com and follow MONTE on LinkedIn.

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.

China’s Comac is emerging as a challenger, with China Eastern Airlines ordering 100 C919 jets to compete with Airbus and Boeing, while India is investing in domestic manufacturing with the C-295 plant [

Title:

Content: Global sustainable aviation fuel market size to reach USD 2987.5 million valuation by 2027

The latest business intelligence report on ‘global sustainable aviation fuel market’ presents an unbiased analysis of the industry augmentation history and forecast statistics for 2021-2027.

Pune, INDIA

Pune, India, Oct. 28, 2021 (GLOBE NEWSWIRE) -- According to credible sources, global sustainable aviation fuel market size was remunerated at USD 66 million in 2020 and is estimated to record a strong CAGR of 72.4% over 2021-2027, eventually reaching a valuation of USD 2987.5 million by the end of study period.

Proceeding further, the research literature studies the market from the perspective of fuel type, biofuel blending capacity, biofuel manufacturing technology, platform, and geographies to highlight the key areas for investment during the forecast period. Moreover, it explicates the competitive landscape on the basis of the strategies, financials, and recent developments of the leading players in this business sphere.

With increasing environmental awareness, the aviation sector is looking to reduce carbon footprints and lower GHG emissions, hence adopting alternative solutions like renewable jet fuels, hybrid-electric and all-electric aircraft, enhancing aero-engine efficiency through design adjustments, and many more.

Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/4219606/

However, when compared to other solutions, adoption of sustainable aviation fuels like synthetic fuels, e-fuels, bio jet fuels, green jet fuels, and hydrogen fuels is one of the most practical alternative solutions when it comes to socio-economic benefits and contributes notably to mitigating current and future aviation environmental impacts.

Moreover, airlines across the aviation sector are extending their commercial fleets due to increase in air travel. These factors are majorly driving global sustainable aviation fuel market growth.

For instance, Gevo, Inc. and Trafigura Trading LLC, entered into a binding renewable hydrocarbon purchase and sale agreement in August 2020. Trafigura will be capable of providing SAF to both domestic as well as foreign clients, having rising demand for low-carbon jet fuel.

Geographical outlook

Analysts cite that North America is likely to serve as a lucrative growth avenue for the worldwide sustainable aviation fuel industry participants throughout the study period, as countries such as the U.S. and Canada, are focusing on various programs to use renewable aviation fuel to assist in reducing carbon footprints due to increased air traffic and flying passengers.

Commercial Aviation Alternative Fuel Initiative (CAAFI), Canada's Biojet Supply Chain Initiative, and Midwest Aviation Sustainable Biofuels Initiative (MASBI) are some of the sustainable aviation fuel efforts that are undertaken by countries including the U.S. and Canada.

Moreover, North American market is one of the robust demand areas for sustainable aviation fuel owing to supportive regulations and measures to reduce aviation emissions.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-sustainable-aviation-fuel-market-size-research

Global Sustainable Aviation Fuel Market, by Fuel Type (Revenue, USD Million, 2018-2027)

  • Biofuel
  • Hydrogen Fuel
  • Power to Liquid Fuel

Global Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology (Revenue, USD Million, 2018-2027)

  • Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)
  • Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
  • Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
  • Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)
  • Alcohol to Jet SPK (ATJ-SPK)
  • Catalytic Hydrothermolysis Jet (CHJ)

Global Sustainable Aviation Fuel Market, by Biofuel Blending Capacity (Revenue, USD Million, 2018-2027)

  • Below 30%
  • 30% to 50%
  • Above 50%

Global Sustainable Aviation Fuel Market, by Platform (Revenue, USD Million, 2018-2027)

  • Commercial Aviation
  • Military Aviation
  • Business & General Aviation
  • Unmanned Aerial Vehicle

Global Sustainable Aviation Fuel Market, Regional Terrain (Revenue, USD Million, 2018-2027)

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Mexico
  • Brazil

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Rest of the World

Global Sustainable Aviation Fuel Market, Competitive Dashboard (Revenue, USD Million, 2018-2027)

  • S.G. Preston Company
  • Red Rock Biofuels LLC
  • Aemetis Inc.
  • Velocys plc
  • Fulcrum BioEnergy Inc.
  • SkyNRG BV
  • World Energy LLC
  • Eni S.p.A.
  • Gevo Inc.
  • Neste Oyj

Table of Content:

Chapter 1. Executive Summary

1.1.         Market Snapshot

1.2.         Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)

1.2.1.     Sustainable Aviation Fuel Market, by Region, 2019-2027 (USD Million)

1.2.2.     Sustainable Aviation Fuel Market, by Fuel Type, 2019-2027 (USD Million)

1.2.3.     Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology, 2019-2027 (USD Million)

1.2.4.     Sustainable Aviation Fuel Market, by Biofuel Blending Capacity, 2019-2027 (USD Million)

1.2.5.     Sustainable Aviation Fuel Market, by Platform, 2019-2027 (USD Million)

1.3.         Key Trends

1.4.         Estimation Methodology

1.5.         Research Assumption

Chapter 2. Global Sustainable Aviation Fuel Market Definition and Scope

2.1.         Objective of the Study

2.2.         Market Definition & Scope

2.2.1.     Scope of the Study

2.2.2.     Industry Evolution

2.3.         Years Considered for the Study

2.4.         Currency Conversion Rates

Chapter 3. Global Sustainable Aviation Fuel Market Dynamics

3.1.         Sustainable Aviation Fuel Market Impact Analysis (2019-2027)

3.1.1.     Market Drivers

3.1.1.1. Rising need for reduction in GHG emissions in aviation industry

3.1.1.2. Growing air passenger traffic

3.1.1.3. High fuel efficiency of SAF

3.1.2.     Market Challenges

3.1.2.1. Price difference between SAF and conventional jet fuel

3.1.3.     Market Opportunities

3.1.3.1. Increasing demand for SAF by airlines over the world

3.1.3.2. Sustainable marine fuel

3.1.3.3. Government initiatives

Chapter 4. Global Sustainable Aviation Fuel Market Industry Analysis

4.1.         Porter's 5 Force Model

4.1.1.     Bargaining Power of Suppliers

4.1.2.     Bargaining Power of Buyers

4.1.3.     Threat of New Entrants

4.1.4.     Threat of Substitutes

4.1.5.     Competitive Rivalry

4.1.6.     Futuristic Approach to Porter's 5 Force Model (2018-2027)

4.2.         PEST Analysis

4.2.1.     Political

4.2.2.     Economical

4.2.3.     Social

4.2.4.     Technological

4.3.         Investment Adoption Model

4.4.         Analyst Recommendation & Conclusion

Chapter 5. Global Sustainable Aviation Fuel Market, by Fuel Type

5.1.         Market Snapshot

5.2.         Global Sustainable Aviation Fuel Market by Fuel Type, Performance - Potential Analysis

5.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Fuel Type 2018-2027 (USD Million)

5.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

5.4.1.     Biofuel

5.4.2.     Hydrogen Fuel

5.4.3.     Power to Liquid Fuel

Chapter 6.vGlobal Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology,

6.1.         Market Snapshot

6.2.         Global Sustainable Aviation Fuel Market by Biofuel Manufacturing Technology, Performance-Potential Analysis

6.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Biofuel Manufacturing Technology, 2018-2027 (USD Million)

6.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

6.4.1.     Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)

6.4.2.     Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)

6.4.3.     Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)

6.4.4.     Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)

6.4.5.     Alcohol to Jet SPK (ATJ-SPK)

6.4.6.     Catalytic Hydrothermolysis Jet (CHJ)

Chapter 7. Global Sustainable Aviation Fuel Market, by Biofuel Blending Capacity,

7.1.         Market Snapshot

7.2.         Global Sustainable Aviation Fuel Market by Biofuel Blending Capacity, Performance-Potential Analysis

7.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Biofuel Blending Capacity, 2018-2027 (USD Million)

7.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

7.4.1.     Below 30%

7.4.2.     30% to 50%

7.4.3.     Above 50%

Chapter 8. Global Sustainable Aviation Fuel Market, by Platform,

8.1.         Market Snapshot

8.2.         Global Sustainable Aviation Fuel Market by Platform, Performance-Potential Analysis

8.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Platform, 2018-2027 (USD Million)

8.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

8.4.1.     Commercial Aviation

8.4.2.     Military Aviation

8.4.3.     Business & General Aviation

8.4.4.     Unmanned Aerial Vehicle

Chapter 9.   Global Sustainable Aviation Fuel Market, Regional Analysis

Related Report:

Aviation Fuel Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026

Global Aviation Fuel Market is expected to exceed USD 325 billion by 2026. The rising construction and expansion of airports coupled with rising production and delivery of aircrafts are driving the market share. Latin America and Middle East & Africa will witness healthy growth in the aviation fuel market share owing to increasing tourism. Recovering economy in Latin America with cross border merger of the airliners will further fuel the industry demand. Steady growth in air traffic will positively influence the product penetration. Increasing demand of business jets in the MEA is the prime factor driving the regional growth. Few of the major players operating in the aviation fuel market include Shell, BP, Chevron, Gazprom, Reliance Petroleum, and IOCL among others. Industry players are entering into strategic agreements and partnerships for expanding their business share. For instance, in November 2019, BP signed a strategic technical services agreement with Sonangol for expanding its business in Angola.

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