DUBLIN--(BUSINESS WIRE)--The "Assessment of Singapore's Aviation Industry 2017" report has been added to Research and Markets' offering.
The report "Assessment of Singapore's Aviation Industry 2017" highlights key dynamics of Singapore's aviation market. The growing opportunity in the sector has been studied. The Initiatives and performance of key global players including Singapore Airlines, Emirates, Qantas Airways Limited, Jetstar Airways Pty Ltd, Tiger Airways Singapore Pte Ltd, Air Asia Berhad along with current market scenario has also been studied. The report contains latest industry leaders verbatim.
In 2015, world passenger traffic, measured by international revenue passenger kilometres, grew by approximately 7.4% and while capacity grew by 6.7%. The growth was driven by airlines in the emerging markets particularly Middle East and Latin America. Though Europe is still experiencing economic weakness, RPK grew by 5% driven by strong demand in Turkey.
It has been forecasted that over the next two decades, more than 39,600 planes will be needed globally. While close to 40% of this demand will come from North America and Europe, 38% will come from the Asia region. The remaining demand is expected to come from the Middle East, Latin America, the CIS, and Africa.
Single-aisle planes will form a chunk of this demand followed by widebody airplane. It has also been predicted that China will need 6810 new aircraft and about 248,000 new pilots over the next two decades. In 2016, a global initiative has been set into motion to cap carbon emissions from international aviation. A global agreement was put into place at Montreal to limit the effect of commercial flights on the climate.
Key Topics Covered:
1. Analyst Opinion
2. Global Aviation Market
3. Singapore Aviation Market
4. Key Player Profiles
5. List of Charts and Graphs
6. Research Methodology
- AirAsia Berhad
- Jetstar Airways Pty Ltd
- Qantas Airways Limited
- Singapore Airlines
- Tiger Airways Singapore Pte Ltd
For more information about this report visit https://www.researchandmarkets.com/research/m6swsl/assessment_of