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Aviation Market Overview

CAE says it has won four new simulator and pilot training equipment contracts worth more than $50 million.

To ensure a work force free of stress and fatigue, the government Wednesday said it is considering placing a limit on the duty time for air traffic control officers (ATCOs).

Boeing is expanding its partnerships in Africa, today announcing an agreement to jointly offer a comprehensive pilot training program with 43 Air School (Pty) Ltd., Africa's largest flight training organization.

Private investments in Sri Lanka’s aviation sector is likely to rise to US $ 263 million next year. This figure is expected to increase to US $ 2.3 billion between 2017 and 2020.One of the main reasons for this surge of interest is the construction of the second international airport in Mattala Hambantota. The construction on the $ 209 million first phase of the airport is expected to be completed by end 2013.

Authorities of the Federal Airports Authority of Nigeria (FAAN) have spent N741,218,771.08 ($4.63million) on staff training between January and September 30, this year, an amount industry analysts are querying.

Fast-growing Asian and Middle Eastern airlines that have signed orders for hundreds of new airplanes now must find enough pilots to fly them. For safety-conscious travelers, that means sticking with the big, well-known airlines who can afford to lure the best staff as the scramble to fill the cockpit intensifies.

Boeing Capital anticipates $95 billion worth of new commercial aircraft deliveries in the large and regional jet sector next year, up from $77 billion in 2011. Airbus and Boeing will deliver more widebody aircraft such as the Airbus A380 and the Boeing 787, while production on the narrowbody sector will go up. Boeing announced earlier this month the roll-out of its first factory-complete Next-Generation 737 at the production rate of 35 aircraft a month, as it looks to deliver around 420 single-aisle aircraft in 2012.



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