Aircraft deliveries in 2019 remain close to the rate set in 2018, with the total of 515 deliveries to the end of May lagging just 13 aircraft behind last year’s record figures. The value to the UK of these deliveries is estimated at between £10bn and £11.5bn
The latest data reveals that the commercial aircraft seating market will be worth US$4.9 billion in 2028 – up from US$3.8 billion in 2018. The proportion of total in-service seats with in-seat power, meanwhile, is set to increase from about 38% to 66% over the same timeframe. Let’s explore the drivers of this growth
New research by AlixPartners, the global consulting firm, finds that the aerospace industry will have to navigate several challenges in the next year, including restoring consumer trust following the Boeing 737 MAX crisis; adverse macroeconomic factors, such as fluctuating oil prices and slowing global trade; and strengthening sustainability in the supply chain and adopting digital operating models
Boeing’s latest outlook forecasts that the aerospace and defence market will reach US$8.7 trillion by 2028, with the 20-year commercial outlook projecting a US$16 trillion market, powered by rising demand for jets and related services
Tesla CEO, Elon Musk has made interesting statements about electric aircraft over the years and is not only developing his own technology, but inspiring others to do the same. Pure electric regional aircraft are more than a dream…
IBA Group predicts that aircraft orders at Paris Air Show could be down 50% on 2018. But it’s not all bad news for aviation…
More than half of UK adults find airport lounges boring and have a strong appetite for change. Data and opinions collected can help designers create lounges that passengers will want to spend time in, and that can also bring benefits to their operators
At Paris Airshow 2019, manufacturers from the UK and around the world will be gathering to showcase the latest new technology and discuss the future challenges facing aviation. The UK is a world leader in aerospace technology and can play a major role in making sure forecast future growth in air travel is achieved sustainably
The aircraft seating market is set to grow from its current market – valued at over US$12 billion in 2018 – to US$18 billion by 2025, according to a new research report by Global Market Insights
Most industrial companies plan to implement 5G within two years of availability, with many willing to invest in private licenses. However, the transition might not be smooth for all…
