Summer air traffic surge
We updated our domestic air traffic model, and here are the results. Some markets, like Nigeria, are over a year behind with their data updates. Even the EU is about a half-year delayed. Tier 1 – The slow EU reporting…
Tag surge
India sees surge of new inbound and outbound routes
Both foreign and Indian airlines operating to and from India are expanding their services. On June 4, Vietjet Air inaugurated the first flight connecting India’s business capital Mumbai in the western state of Maharashtra with Hanoi and Ho Chi Minh city.…
Aircraft insurance rates on a surge following situation in Russia
Aircraft insurance rates have surged, following the situation with aircraft confiscated and nationalized by the Russian authorities. Robert Martin, managing director and CEO of BOC Aviation, told the CAPA Aviation Leader Summit in Manchester that the effect is already visible short-term…
Leonardo optimistic about a production surge at ATR
ATR deliveries are expected to grow to fifty per year from 2023 and remain at this level for the coming years as the turboprop market recovers. Actually, ATR is recovering at a faster pace than was anticipated a few months…