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COMMERCIAL AIRCRAFT MARKET ANALYSIS

Commercial Aircraft Market, By Application (Passenger and Cargo), By Size (Narrow Body, Wide Body, Regional & Business Jet, and Freighter), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • In July 2022, AerCap Holdings is a company that specializes in leasing aircraft to airlines and other aviation companies. ordered five additional Boeing 787-9 Dreamliners, increasing its total orders to 125 aircraft, including those owned and on order. The fuel-efficient 787 Dreamliner family is supporting the sustainability and opening of new long-haul routes in the airline and aircraft leasing sectors.
  • In September 2023, Air France-KLM is a major player in the airline industry, formed by the merger of two prominent European airlines, Air France and KLM. made a groundbreaking purchase of 50 Airbus A350 aircraft, covering both the A350-1000 and A350-900 models. With the additional 40 aircraft, deliveries are expected between 2026 and 2030, enhancing their fleet capabilities.
  • In September 2023, Embraer is a company known for designing, manufacturing, and selling aircraft, primarily focusing on commercial, executive, and defense aviation. and FlightSafety International is a renowned company in the aviation industry, specializing in providing training services for pilots, aircraft maintenance technicians, flight attendants, and other aviation professionals. unveiled the latest Praetor full-flight simulator in Florida, U.S. which is expected to reach Europe by 2024. The Praetor 500 to 600 aircraft is highly advanced, according to Embraer, and the simulator is FAA-certified.
  • In September 2023, following the mysterious disappearance of F-35 stealth fighter jets in South Carolina, the U.S., initiated an official investigation. The F-35 fighter jet is one of the most advanced and costly stealth aircraft in the U.S. military. The development took nearly 30 years, and the jet is capable of extended autopilot flights. 

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