Reading Time: 5 minutes When making a decision whether to become a pilot or not, you might ask yourself a few questions: does the aviation industry need more pilots? Where do they need them the most? If so, what type rating should I choose? As for the first question, the short answer is a definite yes. But let us […]
Reading Time: < 1 minute Airbus estimates demand for 550,000 new maintenance engineers over the next 20 years as the value of the global MRO market doubles. Between 2017 and 2036 the manufacturer reckons that global airlines will need 34,170 new passenger aircraft (and 730 freighters) to support average annual traffic growth of 4.4%. This will lead to a doubling […]
Reading Time: 2 minutes From 2016-2035, Latin America will require 2,570 new passenger and freighter aircraft, including 2,030 single-aisle and 540 widebody, worth an estimated US$350 billion. According to the most recent Airbus Global Market Forecast presented by Rafael Alonso, President of Airbus Latin America and Caribbean, at the International Brazil Air Show, Latin America’s passenger and freighter fleet […]
Reading Time: 3 minutes European airport trade association, ACI EUROPE has released its traffic report for September and Q3 2016. This is the only air transport report which includes all types of airline passenger flights to and from Europe: full service, low cost, charter and others. Passenger traffic across the European airport network during the peak summer months – […]
Reading Time: < 1 minute The global flight simulator market is expected to grow from USD 6.18 billion in 2016 to USD 7.54 billion by 2021, at a CAGR of 4.1% from 2016 to 2021. The market is mainly driven by factors such as the need for more pilot training given the rise in air traffic, the adoption of virtual […]
Reading Time: 2 minutes The International Air Transport Association (IATA) released data for global air freight markets in July 2016 showing robust growth in demand. Measured in freight tonne kilometers (FTKs), demand increased 5.0% in July 2016, compared to July 2015. This was the fastest pace in almost 18 months. Freight capacity measured in available freight tonne kilometers (AFTKs) […]
Reading Time: 3 minutes Comparable operating result for Q2 showed a year-on-year improvement for the seventh consecutive quarter and was positive at 3.2 million euros . January–June 2016 Revenue grew by 3.8% year-on-year to 1,106.0 million euros (1,065.2). Comparable operating result was -12.2 million euros (-41.3). Operating result was -17.4 million euros (-13.9). Comparable EBITDAR was 92.7 million euros (56.5). […]