Air Cargo, up 9.1% in September, Capacity Remains Constrained
The International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that capacity constraints persist. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to September […]
Best Practices for COVID-19 Market Stimulation
The International Air Transport Association (IATA) called on governments to add market stimulation measures to the support they are giving to keep aviation financially viable. Such measures would encourage travel while systematic testing protocols enable a safe re-opening of borders. Since the onset of the COVID-19 pandemic, governments have helped airlines survive the crisis with […]
The global commercial aircraft market, valued at just over US$191 billion in 2018
The global commercial aircraft market, valued at just over US$191 billion in 2018, is expected to grow at a CAGR of about 2.9% to be valued at around US$255 billion by 2028. The cumulative market for global expenditure on commercial aircraft is valued at US$2.3 trillion over the forecast period. Global expenditure on commercial aircraft […]
IATA Airlines Financial Monitor – May 2018
We are pleased to send you herewith the May report of the Airlines Financial Monitor. Key points: The latest airline financial data continue to show that industry profitability improved in Q1 2018 relative to the same period a year ago. The pick-up in industry-level performance was driven by a turnaround for European airlines. Nonetheless, investor […]
Most Influential Female CEO in Technology Award went to Hitit
Nur Gokman, CEO of Hitit Computer Services, has been awarded "Most Influential Female CEO 2018 in Technology" by Corporate Vision Magazine (CV), as the 2018 CV award went to Hitit"™s CEO for the first time. CV magazine recognized Nur Gokman"™s management achievements that have led to Hitit being among the world"™s leading IT providers in […]
Artificial Intelligence in Aviation Market Globally Size Will Worth USD 1022 Million by 2023
The global Artificial Intelligence in Aviation market report entitles an in-depth analysis of the market scenario, market tact"™s, and assumptions. The Artificial Intelligence in Aviation report introduces the market value which registered USD 103 Million and is predicted to increase by the USD 1022 Million over the period of 2023 with growing CAGR of 46.40%. […]
Air Transport MRO Market is Growing at Significant Rate, 2020
Maintenance, repair and operation (MRO) plays a significant role in the enlargement of the air transport fleet. The Air Transport MRO evolved out of drift by airline companies to outsource the task of maintenance, repair and overhaul of engines, line, airframes and components to independent/third-party or airline operated/owned MRO set ups. A decade earlier, most […]
Air Freight Demand up 9% in 2017, Strongest Growth Since 2010
The International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 3.0% in 2017. This was […]
GOL to convert common shares into preferred shares
GOL Linhas Aéreas Inteligentes S.A., (NYSE: GOL and B3: GOLL4), Brazil´s #1 airline, in compliance with article 12, paragraph 6, of the ruling No. 358, issued by Comissão de Valores Mobiliários (Brazilian Securities and Exchange Comission Rule) dated as of January 3, 2002, as amended, informs its shareholders and the market in general that it […]
U.S. airlines reduced Caribbean capacity by 10% in December
With portions of the Caribbean still struggling to recover from massive hits by hurricanes Irma and Maria in September, U.S.-based airlines flew nearly 10% fewer seats to the region in December than they had a year earlier. Still, the factors that airlines consider when deciding how much to pare down service to islands and other […]
