Category Archives: Analytics

The number of air passengers may double worldwide in twenty years

By 2037, the number of air passengers worldwide may double up to 8.2 billion, ATOR reports with reference to the International Air Transport Association (IATA).

TOP air companies at Georgian civil aviation market

The Georgian civil aviation market is growing from year to year along with the growing number of international travelers. If in 2015, 33 companies operated in the airspace of Georgia, this year their number increased to 57.

Boeing crash in Indonesia: the plane was not supposed to fly into the air

Experts in Indonesia, investigating the causes of the collapse of the liner airline Lion Air, which killed all on board 189 people, said that according to its technical condition the plane should not take off, and it should be decommissioned.

Turkish Airlines reached 83.4 percent load factor in October

Turkish Airlines, who has recently announced its passenger and cargo traffic results for October, reached 83.4% load factor in that month.

Passenger traffic growth slows down to 5.5% in September 2018

The International Air Transport Association (IATA) announced global passenger traffic results for September showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.5% compared to the same month in 2017.

Jetcraft introduces its new ten-year forecast

Jetcraft has released the findings from its fourth-annual ten-year business aviation market forecast, building upon the 2017 prediction of a new business cycle of steady, healthy growth and expanding revenues.

Global Jet Capital sees shift to big jets

Since 2016, more than 8,600 new and used business jets have been sold worldwide, with approximately $23 billion in financing used to support those transactions, according to industry financing provider Global Jet Capital (Booth 2251). Of that amount, more than 60 percent was applied to the purchase of new and used large-cabin jets, which the company noted has helped increase the proportion of larger aircraft within the global fleet.

Embraer delivered 24 business jets in Q3 2018

During the third quarter of 2018, Embraer Executive Jets delivered 24 aircraft, which is four more than in the same period last year.

Bombardier completes its annual plan by 70%

As  learned by BizavNews , in the third quarter of 2018, Bombardier Business Aircraft, the Canadian aircraft manufacturer and a subsidiary of Bombardier business aircraft, transferred 31 business jets to its customers including four Learjets, 20 Challengers and seven Globals.

BOEING: World aviation market to additionally require 2.65 thousand cargo planes in 20 years

Over the next two decades, the global aviation market will need over 2.65 thousand new and refurbished cargo aircraft to meet global demand, The Boeing Company said in its World Air Cargo Forecast.