Industry Updates

Industry Shape and Trends In May and June 2023, the commercial aviation industry saw a significant increase in domestic travel as COVID-19 restrictions began to lift in many countries. This increase in demand led to airlines adding more flights and routes to their schedules. However, the industry also faced challenges such as rising fuel prices […]

Industry Shape and Trends May 2023 was an exciting month for the commercial airline industry, with some significant developments in aircraft technology and new air routes being announced. The International Air Transport Association (IATA) released its April 2023 Passenger Traffic Report, which showed that global passenger traffic rose 83.1% in April 2023 compared to April

Industry Shape and Trends April 2023 saw some significant developments in the commercial airline industry. One of the biggest events was the announcement by Delta Airlines of their plans to launch a new route between the United States and Australia. Finally, April 2023 saw the unveiling of a new passenger aircraft concept by a private

Industry Shape and Trends The aviation industry continues to recover from the effects of the COVID-19 pandemic. While some airlines are still struggling, others are seeing increased demand and are even expanding their fleets. The International Civil Aviation Organisation (ICAO) has forecasted that global passenger demand will continue to grow. This growth is driven by

Industry Shape and Trends According to IATA, passenger air transport measured as revenue passenger kilometre, was down 90% year on year in April 2020. Air freight was down nearly 30% year on year. COVID-19 removed more than 1 billion passengers for the entire year 2020. COVID has had a greater impact than any other crisis