As the global trend toward next-generation air traffic management systems evolves, and parts obsolescence issues increase, airlines operating aging fleets are considering upgrading cockpits with modern avionics as replacements for legacy systems. ICF SH&E estimates the avionics upgrade market for air transport to reach $1 billion by 2023 for a CAGR of 6.1%. In fact, avionics upgrades are projected to [...]
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, has been selected to act as an exclusive representative of Future Metals, which is the leading supplier of aerospace quality metals and other materials to the global aircraft manufacturing and maintenance industry. The company shall represent the supplier in multiple CIS countries, including Russia and Moldova, as [...]
According to Forbes, currently there are 1 741 members of the ultra-wealthy club around the world. Moreover, analysts at Global Retail Solutions Group forecast the number of luxury consumers globally to reach 400 million by 2020. Needless to say, it is they who, according to Bombardier, are expected to drive the number of business aircraft purchases to 22 650 by [...]
Part of the thriving Asia Pacific, Southeast Asia will remain home to the fastest growing civil rotorcraft fleet in the world this year. Its CAGR is expected to top 21 % and the region will account for 33 % of the global spending on military and 20 % on civil helicopters. Naturally, such a rapid expansion comes with a set [...]
In February 2015 a French start-up airline La Compagnie announced its plans to add a second route from Europe to the USA. In contrast to both traditional low cost and legacy airlines, the carrier aims to strengthen its position in a specific niche market of low-cost all-business class transatlantic flights. While La Compagnie’s business model still has to stand the [...]
In the beginning of 2015 the aviation world entered the long-awaited A350 era, as Qatar Airways inducted the first A350-900 aircraft into its fleet. Similar to its competitor – Boeing 787 – the A350 brings not only new opportunities, but also a significant amount of new technologies to market. As a result, with almost 780 A350 aircraft on order, and [...]
Baltic Ground Services, an international ground handling and aircraft fuelling services provider, is proud to announce the start of new cooperation with yet another major-league client in Poland. Under a year-long contract with the airberlin group, the company will support its new client’s operations with fuel supply services at the scheduled airports Warsaw Chopin and John Paul II International (Krakow) [...]
Each week, a total of 28 brand new aircraft roll off the assembly lines of major manufacturers. During any given month about 50% of those aircraft crafted by Airbus and Boeing are going to the Asia-Pacific region, according to Flightglobal. Cornered by this remarkable pace, Asian carriers need to gather from 10 to 12 pilots for each new plane. And as [...]
