Friday, August 23, 2019

More aviation developments affecting the industry in 2019

It’s imperative for players to keep in step with various trends affecting the future of the aviation industry. Hereunder are more developments in the industry shaking things up this year, listed by aerospace and aviation professional Scott Beale.
Image source: cyient.com
 Let’s keep in mind that as Brexit becomes a reality, it will cause much disruption in the entire European continent. Lots of talks of potential takeovers are happening, affecting airlines such as FlyBe and airports like Cardiff’s in Wales. Certain countries are scampering to avoid compromising their already ailing tourism, evidenced by Icelandair’s acquisition of lost-cost carrier Wow Air (the success of this move remains to be seen).

On the other hand, rapid growth is expected in Asia the rest of this year, even as ASEAN countries like Pakistan and China are making great strides to improve their aviation infrastructures (the latter’s Hainan province has lifted all restrictions on foreign aviation investment). Across the continents, the introduction of premium economy flight choices, as opposed to the traditional business class, is expected to get the likes of American Airlines and Emirates much bigger passenger share.
Image source: en.globes.co.il

We are also seeing a boom in the air freight industry, boosted by the now-common concept of same-day delivery among those who prefer shopping online. This is punctuated by complementary technology like digital in-flight shopping, the more prevalent use of AI, and heads-up display or HUDs allowed by more relaxed FAA regulations, Scott Beale adds.

Scott Beale has been in the aviation industry for more than 20 years, successfully growing businesses both which he acquired and founded. Visit this blog for similar posts.

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