Reading Time: 3 minutes 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
Reading Time: 3 minutes In 2011 the Russian Ministry of Transport introduced new requirements for commercial aircraft, according to which all the soviet-era Yak-40s, Tu-134s and An-24s with no Terrain Awareness Warning System (TAWS) installed had to be grounded. Additionally, for quite a while now operators from Russia and the CIS have been continuously phasing out their old and
Reading Time: 3 minutes 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
Reading Time: 3 minutes Today the national air fleet of Russia is composed of over 1500 various types of aircraft, whilst a mid-sized Russian commercial airline operates a fleet of approx. 20 aircraft, produced by both Russian and Western manufacturers. However, due to the ongoing ‘westernization’ of the fleet, the demand for relevant aircraft spare parts is continuously increasing,
Reading Time: 3 minutes 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
Reading Time: 4 minutes 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,