The first half of 2023 (H1) saw a 129% increase in global aircraft orders compared with H1 2022, with the backlog of aircraft orders now above pre-pandemic levels
Browsing: Opinion
The latest market intelligence from IBA underlines the strengthening order position and positive underlying value trend in the commercial aircraft market. There are several interesting reasons, and even more interesting numbers
The global vegan food market is expected to reach US$36.3 billion by 2030. And with 4.2 billion people expected to fly in 2023, there is a significant need for suitable in-flight food options to vater for this growing passenger demographic
New life can be breathed into discarded aerospace materials, giving them a second chance to shine as furniture while reducing waste
The latest Aviation Industry Barometer from aviation consultancy, IBA, predicts that global passenger ASKs (available seat kilometres) will surpass 2019 levels by October 2023, having reached 95% of pre-pandemic ASKs in June 2023
Resilience and growth: exploring the role of the Aircraft, Crew, Maintenance & Insurance (ACMI) leasing industry’s ability to overcome obstacles and support revenue generation in the aviation sector’s recovery
ForwardKeys reveals the 100 most appealing travel destinations for summer 2023 (1st July – 31st August), based on how extensively travel to them has been searched online. Bangkok is a runaway winner!
Amid increased travel demand, are air travellers today safer than they have been in the past? Will the aviation industry be able to keep up with the increasing demand without compromising on passenger safety? Is the avionics industry developing even more dependable planes and better regulations for safer travel in the future?
Blockbuster aircraft orders from IndiGo and Air India made for a dramatic Paris Air Show, which saw a total of 1,303 orders, worth US$72.4 billion. 1,160 (89%) were firm orders, the highest ever secured at the event. However, with orders of such scale, questions arise as to whether the local markets can accommodate the growth
The UK’s aerospace sector is thriving, with a 306% YoY increase in orders alongside a 38% increase in deliveries. The figures are encouraging for the sector amidst supply chain challenges and a slightly muted start to the year, and the current backlog of orders is estimated to be worth more than £205bn to the UK