Global aircraft order backlog hits 13 years. Airbus beats Boeing on …
Jan 12, 2024 · Global deliveries of passenger aircraft in 2023 were 26% below 2018's record high, and set the clock back a decade to 2012/2013 levels. The global order backlog reached a record high in 2023 and was equivalent to 12.6 years of production. Airbus' 2023 target of 720 deliveries and Boeing's 445 are likely to have been met, but Airbus deliveries ...
World airline outlook: the state of the industry in 15 numbers
Jan 11, 2023 · The global airline industry is recovering from the challenges of the past few years, with capacity and traffic approaching pre-pandemic levels, and no net reduction in the number of airlines. However, the industry lost 80% of its all-time accumulated profit in the years 2020-2022. Other key numbers include EU air fare inflation at 28%, Boeing and Airbus deliveries set back 10 years, fuel costs ...
The global pilot shortage is a challenge to the world's airlines
Aug 21, 2023 · According to CAE, a leading supplier of flight training services, the global population of active commercial airline pilots is 351,000 in 2023. In Jun-2023 CAE published its own forecast of pilot demand of the next 10 years, which projected a need for 252,000 new commercial pilots by 2032. CAE 's global forecast implies an average of just over ...
Ryanair SWOT: low costs remain the key strength, even as …
Sep 11, 2014 · RYANAIR STRENGTHS 1. Low costs. Ryanair has the lowest unit costs of any European airline and one of the lowest of any airline in the world. Whether measured by cost per available seat kilometre (CASK), cost per seat, or cost per passenger, Ryanair's production of capacity and traffic costs it less than that of any of its competitors. Cost per available seat kilometre (CASK, USc) versus ...
ICAO in need of reforms to enhance its relevance – now is …
Oct 31, 2021 · A new Secretary General was installed in Aug-2021 at a time when there is a need to rethink the role and structure of international air transport in a post-COVID era, along with increasing criticism of the sector in relation to its contribution and response to climate change. This makes for an opportune time for a fundamental review of ICAO 's ...
Brexit and aviation: all's well that ends. Well, almost...
Jan 7, 2021 · The trade agreement agreed between the UK and the EU on 24-Dec-2020 came into force on 31-Dec-2020, four and a half years after the UK voted for Brexit. It runs to 1,449 pages, of which 26 deal with aviation. Brexit was never about improving the European aviation system, but there were major concerns that the existing conditions would be seriously eroded.
Barriers to exit must come down to raise airline returns, attract ...
IATA forecasts 2024 RPKs at 104.5% of 2019 levels, revenue at 115%, and net profit at 97%. IATA's most recent passenger traffic forecast, issued in Dec-2023, predicts global RPKs at 104.5% of 2019 levels and passenger numbers at 103.6% in 2024.. This puts the world's airline industry five years behind its pre-pandemic growth path. Nevertheless, recovering from a crisis of unprecedented ...
World aviation: back to the last century | CAPA - Centre for Aviation
Feb 16, 2021 · The COVID-19 pandemic has caused the world aviation industry to experience a setback, with the number of passenger jet aircraft in service at the end of 2020 back to 2008 levels, passenger numbers back to 2003 levels, and passenger load factor at levels not seen since the 1980s and early 1990s. However, air cargo traffic was less affected, only losing five years of growth.
Ryanair Airline Profile | CAPA - Centre for Aviation
Ryanair is Europe's largest airline, the largest low cost carrier, and one of the world's largest airlines as measured by international passengers carried. Ryanair's largest hub is at London Stansted Airport, with its second largest base at Dublin Airport. The carrier operates a comprehensive network of services across Europe, the Mediterranean ...
China’s international air travel recovery: part one – rolling back ...
Mar 28, 2023 · The chart below shows what has been happening in China 's international market. After nearly three years at very low levels, capacity has been rising steadily since Jan-2023. For the week of 20-Mar-2023, weekly international seats had reached 25.9% of 2019 levels. This compares to a 9.7% recovery rate at the end of Dec-2022.