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In the scope of both civil and military aviation, the global helicopter market is set to maintain the tenacious growth it has experienced over the past five years. Indeed, current forecasts suggest that by 2017 the industry will be worth an estimated $24.7 billion. Underlying the surge in demand for new rotorcraft has been the
The air passenger traffic growth in the largest Latin American country Brazil is being driven by the strong economic growth and the rapidly expanding middle class. Brazil is currently one of the most stable and prosperous countries in Latin America which demonstrated an impressive $2.47 trillion GDP in 2011. The country’s economy is anticipated to
The US-Finland trade seems to be relevantly moderate – the USA accounts for only approx. $6-7 billion of the total $145 billion export and import trade of Finland. However, over one third of all the imported aircraft parts reach the Scandinavian country from the American aviation suppliers. As many of the local air carriers continue
Due to slow recovery of the global economy, most airlines are still struggling to recuperate satisfactory passenger flows. However, sharp budget cuts and constant pressure to lower operational and other expenses have eventually resulted in positive changes of airlines’ performance. In order to preserve successful optimization goals, carriers are ought to further enhance their performance,
For some time now the industry representatives have been vigorously discussing the intensifying role of the original equipment manufacturers (OEM) in the aircraft aftermarket. While some market players are expressing their discontent with the OEMs’ intensions to gain much more control over the MRO services as concerns parts and components, it has now become obvious
The rugged terrain of Papua New Guinea calls for a well-developed aviation infrastructure in the region. However, experts point out that though being literally the only efficient means of transportation, the national air transport industry is still subject to some quality and safety-related issues. In order to ensure adequate safety the industry representatives should enhance
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