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73. Airline Industry on Track for Second Year of Improving Profits
IATA has said that despite a slight downward revision to its industry outlook for 2014 to an industry profit of $18.7 billion from the previously forecast $19.7 billion, the airline industry remains on track to deliver a second consecutive year of improved profitability. The main driver of the downward revision is higher oil prices which are now expected to average $108.0/barrel (B
74. Boeing Forecasts China to Acquire 8,600 New Planes by 2040
Boeing has forecast that China’s airlines will acquire 8,600 new airplanes valued at $1.4 trillion and commercial aviation services valued at $1.7 trillion over the next 20 years, reflecting an expected robust recovery following the COVID19 pandemic.
75. Bombardier Aerospace Releases Annual Market Forecasts
The Bombardier Business Aircraft Market Forecast anticipates 9,800 aircraft deliveries, worth US$266 billion, from 2012 to 2021 and 14,200 deliveries, worth US$382 billion, from 2022 to 2031.
76. IATA Revises Global Aviation Outlook
IATA Revises Global Aviation Outlook. IATA has revised its outlook for the global air transport industry with losses of US$4.7 billion in 2009. This is significantly worse than IATA’s December forecast for a US$2.5 billion loss in 2009, reflecting the rapid deterioration of the global economic conditions.
77. Asia Pacific Airlines to Take Delivery of Around 8,560 Aircraft Over Next 20 years
Asia Pacific Airlines to Take Delivery of Around 8,560 Aircraft Over Next 20 years. Asia Pacific airlines are expected to take delivery of around 8,560 new aircraft over the next 20 years, according to European aircraft manufacturer, Airbus. Valued at US$1.2 trillion, the requirement represents 33% of new aircraft deliveries worldwide over the forecast period, with the region overt
78. IATA Revises Airline Financial Outlook; $12.9B Global Net Profit Expected in 2013
IATA has revised its industry financial outlook. For 2013 airlines are expected to return a global net profit of $12.9 billion. This is expected to improve to a net profit of $19.7 billion in 2014. Both are improvements on the September forecast which anticipated an industry net profit of $11.7 billion in 2013 increasing to $16.4 billion in 2014. The upward revision reflects lower
79. American Express Publishes Global Business Travel Forecast 2018
Demand for business travel started to rebound last year, and is expected to grow over the next 12 months, with some notable gains expected in Europe and Asia. China and India’s high-powered economies once again lead the way. However, prices will see only marginal gains, as suppliers rapidly increase capacity to meet demand as they compete for market share.
80. Bombardier Forecasts 24,000 Business Jet Deliveries from 2013 to 2032
Bombardier forecasts a total of 24,000 business jet deliveries from 2013 to 2032 in the segments in which Bombardier competes, which represents approximately $650 billion in industry revenues. Bombardier's Business Aircraft Market Forecast anticipates 9,800 aircraft deliveries, worth $269 billion, during the 2013 to 2022 period, and 14,200 aircraft, worth $381 billion, from 2023 to

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