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 […]
Air Traffic Control (ATC) strikes are destroying air traffic and economies across Europe
An alarming increase in Air Traffic Control (ATC) strikes across Europe has wreaked havoc on airlines, their passengers and business. 2018 is shaping up to be one of the worst years ever for ATC strikes in Europe. Year-to-date, A4E member airlines have been forced to cancel nearly 5,000 flights as a result of the strikes, […]
Airline stocks take off after domestic air traffic grows 20% in January
Stocks of aviation companies took off on Monday as investors reacted to strong growth in air traffic for January. Jet Airways, SpiceJet and InterGlobe Aviation (IndiGo) rose up to 5 percent on the back of this development. Domestic air traffic grew 20 per cent in January, with airlines ferrying more than 1.14 crore passengers, according […]
