Reading Time: < 1 minute Boeing presented its Current Market Outlook for the Southeast Asia and Oceania regions during the Association of Asia Pacific Airlines’ 60th annual Assembly of Presidents meeting in Manila. Over the next 20 years, the company forecasts a demand for 3,860 new airplanes, valued at $565 billion, in Southeast Asia; while an investment of $160 billion […]
Reading Time: 2 minutes The International Air Transport Association (IATA) partnered with leaders of the lithium battery supply chain to demand stricter enforcement of international regulations regarding the transport of lithium batteries. In a joint letter to Ministers of Trade, Industry and Transport, and Directors of Civil Aviation in the world’s largest lithium battery manufacturing and export countries, IATA, […]
Reading Time: 2 minutes The International Air Transport Association (IATA) released data for global air freight demand in June 2016 showing a rise in freight tonne kilometers (FTK) of 4.3% year-on-year. This was the fastest pace of growth in 14 months. Freight capacity measured in available freight tonne kilometers (AFTKs) increased by 4.9% year-on-year, keeping yields under downward pressure. […]
Reading Time: 4 minutes Today we can easily see how the emerging economies are expanding and becoming more stable. It is just a question of time when the people from those countries will be able to afford and use the benefits of aviation. The airlines and manufacturers of flying machines from over the world are aware of it and […]
Reading Time: 3 minutes Geneva – The International Air Transport Association (IATA) announced global passenger traffic results for February showing continuing strong demand growth for domestic and international travel. Total revenue passenger kilometers (RPKs) rose 8.6%, compared to the same month last year. Monthly capacity (available seat kilometers or ASKs) increased by 9.6%, and load factor declined 0.7 percentage […]
Reading Time: 3 minutes The global civil helicopter fleet will grow 50 percent by 2034, despite the short-term pressures emanating from a weak energy market, according to a new report from analysts at Noealt Corporate Services. The global civil helicopter market has grown almost threefold in size over the past decade driven by an expansion of the degree as […]