Category Archives: Analytics

Profession of the future: world needs thousands of new pilots, but where to get them from?

At the end of this summer, when the U.S. state of California swept through disastrous forest fires, the agency responsible for fighting the fire faced an additional problem.

Russia is going to increase civil aircraft exports in the next six years

In the next six years, Russia is going to increase the export of civil aircraft, turning into a major regional player of this market, Finmarket writes.

China may become the world’s largest air market in the next five years

In the next five years, China may become the world’s largest air market, said Steven Smo, organizer of the International Air Carriers Conference, Nezavisimaya Gazeta writes.

North America’s business aviation in positive

According to the Argus Consulting Company, business aviation activity in North America “soared to new heights,” and commercial traffic for Part 135 became the leader in the first six months of 2018, with growth of 4.5%, as compared to the same period last year.

World air travelers top 4 bil. in 2017, Asia-Pacific leads growth

Worldwide annual air passengers exceeded 4 billion for the first time in 2017 amid a global economic recovery and lower airfares, with airlines in the Asia-Pacific region leading the growth, according to the International Air Transport Association.

Secondary market of business jets reaches the pre-crisis level

Consulting company JETNET published a report on the state of the secondary market of business aircraft and helicopters in June and for the first half of 2018. The main world trends in all market segments were analyzed from June 2017 to June 2018. In June, in all segments, the share of the fleet in the secondary market declined. June 2018 showed the lowest level (9.1%) of business jets put up for sale in relation to the fleet in operation since the beginning of the big recession.

BOMBARDIER makes profit of US $114 million in H1 2018 against loss in 2017

According to the H1 2018 results, the net profit of the Bombardier Inc., Canada, amounted to US $ 114 million against a loss of US $ 237 million a year earlier, the company reports.

AIRBUS net profit falls by over twice for H1 2018

The European aircraft construction concern Airbus reduced its net profit by 2.2 times in the H1 2018, as compared to the same period last year, down to EUR 496 million, the company reports.

Passenger flow continues to grow worldwide

As regards the air transportation market in April 2018, world passenger traffic increased by 6.1%, as compared to the same period last year. These are the findings of the study conducted by the Airports Council International (ACI World). Although this is just below the average moving average of 6.5%.

Helicopter crash. Chronicle of events

A military helicopter Mi-8MTV crashed in the mountains of Kyrgyzstan on July 9. There were 15 people — nine tourists, one interpreter and five crew members — on board.