Harry Boneham, Associate Analyst at GlobalData, comments, “the announcement that Boeing will cease production of the 747 in 2022 follows news that numerous airlines will be bringing forward the retirement...
According to GlobalData’s Week 3 COVID-19 Recovery Survey (July 8-12), 32% of American respondents stated that they will continue (or start) to reduce domestic and international travel.
While the commercial aerospace industry has been gravely impacted by the Covid-19 pandemic, all-electric aircraft offer companies within supply chains an option to aid recovery. For example, Toray Industries supplies...
Travel companies must think long and hard about the long term repercussions of not reimbursing customers or delaying the process. It risks alienating loyal customers, which would create enormous financial...
A recent poll conducted by GlobalData gauging sentiment in the aerospace industry found that the majority of respondents believed that airlines would avoid investment in new designs, and would instead...
US airlines see a resumption of flights to China as key to a swift recovery, but tensions between Beijing and Washington risk a tit-for-tat spat that could stall the industry’s...
The US has received a good deal of praise for the speed with which it acted to put together an economic stimulus package and support for the country’s airlines industry...
Prior to the Covid-19 crisis, GlobalData’s Global Commercial Aircraft Market Data 2019–2029 forecasted that in 2020 revenue from single-aisle aircraft sales would be 19.3% higher than that of twin-aisle aircraft....
As airlines the world over contend with woefully low load factors, travel restrictions and social distancing measures, their very existence is in peril. So far, airline strategies have largely centred...
Boeing's entire global 737 Max fleet was grounded after 189 and 157 people were killed in two crashes in Indonesia (October 2018) and Ethiopia (March 2019), respectively.
