Aviation

The global airlines market experienced good growth during the past five years and is expected to reach an estimated $832.8 billion in 2020 with a CAGR of 3.7% over the next seven years (2013-2020).
Rohan D
Rohan Deshpande

Sector Expert
   

The commercial aircraft segment dominates the aviation market, accounting for more than half of the market revenues, as of 2019. The Boeing Company, Airbus SE, and Textron Inc., were the major shareholders of the market revenue, in the aviation market. several airlines are replacing their ageing fleet with newer generation fuel-efficient aircraft. In 2019, North America accounted for the highest market share across all the regions in the world. Revenues from Asia-Pacific are projected to grow with a high growth rate, during the forecast period (2020-2025), as the emerging economies in the region, like India and China, are experiencing a huge surge in their respective aviation markets, due to an increased demand for air travel in the countries. 1,303 airlines operate a fleet of 31,717 aircraft serving 3,759 airports through a route network of several million kms managed by 170 air navigation service providers. Hartsfield-Jackson Atlanta International in Georgia is the busiest airport in the country, having handled a little over 50 million passengers in 2019 alone.
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Wings Over Camarillo

Date : 16-08 Aug 2020
Place : Camarillo, USA

Bridge of city Tromso, Norway aerial photography. Tromso is considered the northernmost city in the world with a population above 50,000.
Aviation Festival Europe

Date : 25-09 Sept 2020
Place : London, UK

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