The Expanding Range of Commercial Aviation Market Outlook: Ken Research

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Today commercial aviation is booming and has established itself as one of the fastest growing industries in the world. The aircraft industry is not only seen as a profitable investment but also as a measure of economic progress and technological advancement. This extremely competitive industry has led to major developments both in the operational business and public participation.

Innovative technology has led to multiple projects that are widening the scope and horizon of commercial aviation. Some recently launched and still developing passenger aircrafts by Airbus and Boeing have set a new standard in passenger comfort and profitability.

  1. The A330neo is a twin aisle long haul wide body jet which is the modified version of the original A330. The term ‘neo’ stands for new engine design and the aircraft features new wingtips to boost its range and fuel efficiency.
  2. The Airbus A350-1000 is a twin aisle long haul wide body jet that is designed to carry an extensive load of passengers and cargo for extremely long distances. This aircraft is undergoing development after the explosive popularity of its predecessor, the A350-900 ULR which currently can fly further than any other aircraft in the world evident by the fact that it will shortly operate the world’s longest flight.
  3. The Boeing 787-10 Dreamliner is a twin aisle jet that is capable of carrying a pretty heavy load of passengers with ease. It is mostly made of carbon fibre making it extremely lightweight and thereby fuel efficient whilst giving it a strong fuselage. The aircraft also features improved air conditioning, upgraded engines and better mobility.
  4. The Boeing 777X is a long haul wide body airliner and is the latest ongoing development in the Boeing 777 family. The aircraft is a revolution and has pushed the boundaries of design engineering. Apart from its impressive engine technology the aircraft also features folding wingtips that maximize efficiency among other improvements inspired from earlier Boeing aircrafts.

According to the study “The Global Commercial Aircraft Market 2018-2028” says that major developments in the commercial aviation industry are being carried out by the two most renowned aircraft manufacturers in the world- American Boeing and European Airbus. Both these companies are the two most influential players in the aviation market. Incorporating new technologies along with design innovations has put these two companies at the top of the industry and they are a favorite among airlines from around the world that are constantly seeking more efficient operations. These two aviation giants are not only dominating the market but are creating competition for each other as well which results in aviation being made more affordable and manageable both for airlines as well as passengers. However, other countries are also trying to establish their foothold in the aviation industry. China’s Comac has recently launched its C919 which is China’s first big airliner and aims to compete with the Boeing 737 and Airbus A320. Russia’s United Aircraft Corporation has just launched its Irkut MS-21. This project is being backed by Russian President Vladimir Putin, who wants to boost the country’s aerospace industry to compete with Airbus and Boeing.

These developments come as a result of a major shift in trend from capacity oriented aviation to range oriented aviation. Modern aircraft manufacturers are now developing aircrafts that focus more on distance travelled and fuel efficiency. The commercial aviation industry is witnessing the dawn of technological advancements with Boeing and Airbus leading the way for future developments whilst catering to the ever increasing public demand as flying becomes more affordable.

To know more, click on the link below:

https://www.kenresearch.com/defense-and-security/defense/the-global-commercial-aircraft-market-2018-2028/149678-16.html

Related Reports:

https://www.kenresearch.com/defense-and-security/defense/china-commercial-aircraft-honeycomb-core-industry-situation-and-prospects-research-report/145661-16.html

https://www.kenresearch.com/defense-and-security/defense/europe-commercial-aircraft-honeycomb-core-industry-situation-and-prospects-research-report/145659-16.html

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