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  • Ethiopian Airlines first African customer for highly fuel-efficient 777X passenger jet

    #EthiopianAirlines #Boeing #aviation #jet #Boeing777Xjets
    Ethiopian Airlines first African customer for highly fuel-efficient 777X passenger jet #EthiopianAirlines #Boeing #aviation #jet #Boeing777Xjets
    WWW.STATTIMES.COM
    Ethiopian to expand widebody fleet with up to 20 Boeing 777X jets
    Ethiopian Airlines first African customer for highly fuel-efficient 777X passenger jet
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  • Ethiopian Airlines commits to 11 more A350-900s

    #Ethiopia #EthiopianAirlines #Airbus #A350

    Ethiopian Airlines commits to 11 more A350-900s #Ethiopia #EthiopianAirlines #Airbus #A350
    WWW.LOGUPDATEAFRICA.COM
    Ethiopian Airlines commits to 11 more A350-900s
    The latest agreement takes Ethiopian Airlines’ total order book and commitment for the A350 to 33, including four A350-1000s.
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  • The global aerospace composites market size is projected to reach USD 29.69 billion by 2026, exhibiting a CAGR of 9.27% during the forecast period. Heavy reliance on carbon fiber composites for manufacturing aircraft components will be the key growth driver for this market, states Fortune Business Insights™ in its report, titled “Aerospace Composites Market Size, Share & Industry Analysis, By Fiber Type (Carbon, Glass, Aramid, and Others), By Aircraft (Commercial Aircrafts, Military Fixed Wings, Business Aircrafts & General Aviation, Jet Engines, Helicopter and others), and Regional Forecast, 2019-2026”. Carbon fiber composites replaced aluminium as the primary material for making airplanes a few decades ago as aluminium was proving economically infeasible for aircraft manufacturers. The switch to carbon fiber was based on the material’s lightweight properties as well as high durability and tensile strength. Moreover, carbon fiber, unlike other metals, is resistant to corrosion and fatigue and therefore, reduces maintenance costs of aircrafts. For example, Boeing utilizes carbon fiber composites in making all parts of its iconic 787 Dreamliner to keep it lightweight and sturdy. Thus, emergence of carbon fiber has augured well for the market for aerospace composites.

    information Source - https://www.fortunebusinessinsights.com/aerospace-composites-market-102680

    As per the report findings, the market value stood at USD 14.66 billion in 2018. The other highlights of the report include:

    Exhaustive analysis of the market trends and drivers;
    Careful study of market restraints;
    Microscopic examination of all possible market segments; and
    Detailed assessment of the impact of regional dynamics and competitive developments on the market.
    Market Restraint

    Issues Surrounding Flammability of Composites to Inhibit Market Growth

    The aerospace composites market growth is likely to be impeded owing to the grave risks associated with the flammability of certain composite materials used in aircraft manufacturing such as resin. For instance, in 2013, the stationary Ethiopian Airlines 787 at London’s Heathrow airport caught fire when a short circuit was triggered in one of the lithium batteries that were powering an emergency beacon on the plane. Investigation revealed that the composite material resin, which is part of airline fuselage, fed the circuit. As a result, the US Federal Aviation Agency (FAA) tightened its norms for certifying flammability of composite materials used in aircraft to ensure safety of passengers. Tough regulations, therefore, may slow down the growth of this market.

    Regional Analysis

    Major Advancements in Aerospace Manufacturing to Boost the Market in North America

    North America is poised to dominate the aerospace composites market share during the forecast period on account of rapid advancements by the aerospace industry in the region. In 2019, the region led the market with a market size of USD 7.81 billion, with the main reason being the strong presence of some of the largest airline companies in the world such as Boeing and Airbus. In Europe, well-established domestic aviation industry and robust military aircraft manufacturing are expected to propel the market. Asia-Pacific is anticipated to offer promising prospects for market players due to rising demand for commercial low-cost carriers in the region and steadily climbing military expenditures of India and China, with a growing focus on fighter jets.

    Competitive Landscape

    Deployment of Position Strengthening Mechanisms by Players to Intensify Competition

    Key market players are adopting and implementing different strategies to entrench their position in this market. While some companies are acquiring smaller players to expand their global presence, other companies are collaborating with each other to diversify their offerings and widen their market reach.

    Industry Developments:

    January 2020: Mitsubishi Chemical Corporation declared its intention of acquiring a carbon fiber Prepreg manufacturer named ‘c-m-p GmbH’ based in Germany. The acquisition will allow Mitsubishi to broaden its global footprint and gain entry into the European market.
    March 2019: SGL Carbon and Solvay signed a Joint Development Agreement to develop and introduce novel, first-of-their-kind composites made from large-tow intermediate modulus (IM) carbon fiber. The materials are engineered to bring down operational costs and curb carbon emissions in modern commercial aircrafts.
    List Companies Profiled in the Aerospace Composites Market Report:

    Unitech Aerospace
    Mitsubishi Chemical Corporation
    Teijin Limited
    Solvay S.A.
    Owens Corning
    VX Aerospace Corporation
    SGL Carbon
    Toray Advanced Composites
    Hexcel Corporation
    LMI Aerospace, Inc.
    The global aerospace composites market size is projected to reach USD 29.69 billion by 2026, exhibiting a CAGR of 9.27% during the forecast period. Heavy reliance on carbon fiber composites for manufacturing aircraft components will be the key growth driver for this market, states Fortune Business Insights™ in its report, titled “Aerospace Composites Market Size, Share & Industry Analysis, By Fiber Type (Carbon, Glass, Aramid, and Others), By Aircraft (Commercial Aircrafts, Military Fixed Wings, Business Aircrafts & General Aviation, Jet Engines, Helicopter and others), and Regional Forecast, 2019-2026”. Carbon fiber composites replaced aluminium as the primary material for making airplanes a few decades ago as aluminium was proving economically infeasible for aircraft manufacturers. The switch to carbon fiber was based on the material’s lightweight properties as well as high durability and tensile strength. Moreover, carbon fiber, unlike other metals, is resistant to corrosion and fatigue and therefore, reduces maintenance costs of aircrafts. For example, Boeing utilizes carbon fiber composites in making all parts of its iconic 787 Dreamliner to keep it lightweight and sturdy. Thus, emergence of carbon fiber has augured well for the market for aerospace composites. information Source - https://www.fortunebusinessinsights.com/aerospace-composites-market-102680 As per the report findings, the market value stood at USD 14.66 billion in 2018. The other highlights of the report include: Exhaustive analysis of the market trends and drivers; Careful study of market restraints; Microscopic examination of all possible market segments; and Detailed assessment of the impact of regional dynamics and competitive developments on the market. Market Restraint Issues Surrounding Flammability of Composites to Inhibit Market Growth The aerospace composites market growth is likely to be impeded owing to the grave risks associated with the flammability of certain composite materials used in aircraft manufacturing such as resin. For instance, in 2013, the stationary Ethiopian Airlines 787 at London’s Heathrow airport caught fire when a short circuit was triggered in one of the lithium batteries that were powering an emergency beacon on the plane. Investigation revealed that the composite material resin, which is part of airline fuselage, fed the circuit. As a result, the US Federal Aviation Agency (FAA) tightened its norms for certifying flammability of composite materials used in aircraft to ensure safety of passengers. Tough regulations, therefore, may slow down the growth of this market. Regional Analysis Major Advancements in Aerospace Manufacturing to Boost the Market in North America North America is poised to dominate the aerospace composites market share during the forecast period on account of rapid advancements by the aerospace industry in the region. In 2019, the region led the market with a market size of USD 7.81 billion, with the main reason being the strong presence of some of the largest airline companies in the world such as Boeing and Airbus. In Europe, well-established domestic aviation industry and robust military aircraft manufacturing are expected to propel the market. Asia-Pacific is anticipated to offer promising prospects for market players due to rising demand for commercial low-cost carriers in the region and steadily climbing military expenditures of India and China, with a growing focus on fighter jets. Competitive Landscape Deployment of Position Strengthening Mechanisms by Players to Intensify Competition Key market players are adopting and implementing different strategies to entrench their position in this market. While some companies are acquiring smaller players to expand their global presence, other companies are collaborating with each other to diversify their offerings and widen their market reach. Industry Developments: January 2020: Mitsubishi Chemical Corporation declared its intention of acquiring a carbon fiber Prepreg manufacturer named ‘c-m-p GmbH’ based in Germany. The acquisition will allow Mitsubishi to broaden its global footprint and gain entry into the European market. March 2019: SGL Carbon and Solvay signed a Joint Development Agreement to develop and introduce novel, first-of-their-kind composites made from large-tow intermediate modulus (IM) carbon fiber. The materials are engineered to bring down operational costs and curb carbon emissions in modern commercial aircrafts. List Companies Profiled in the Aerospace Composites Market Report: Unitech Aerospace Mitsubishi Chemical Corporation Teijin Limited Solvay S.A. Owens Corning VX Aerospace Corporation SGL Carbon Toray Advanced Composites Hexcel Corporation LMI Aerospace, Inc.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Aerospace Composites Market Size, Share | Global Industry Report 2026
    The global aerospace composites market size was USD 14.66 billion in 2018, and is projected to reach USD 29.69 billion by 2026, exhibiting a CAGR of 9.27% during the forecast period.
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  • Ethiopian Airlines Ticket Office Address refers to the physical location of the ticket office of Ethiopian Airlines, which is an airline based in Ethiopia. This address is typically used by customers who wish to purchase airline tickets, make changes to their existing bookings, or obtain information about flight schedules, fares, and other related services.
    https://www.traveltween.com/ticket-office/ethiopian-airlines-ticket-office/
    Ethiopian Airlines Ticket Office Address refers to the physical location of the ticket office of Ethiopian Airlines, which is an airline based in Ethiopia. This address is typically used by customers who wish to purchase airline tickets, make changes to their existing bookings, or obtain information about flight schedules, fares, and other related services. https://www.traveltween.com/ticket-office/ethiopian-airlines-ticket-office/
    WWW.TRAVELTWEEN.COM
    Ethiopian Airlines Ticket Office Address +1-800-491-0297
    Ethiopian Airlines Ticket Office: Here, Traveler can easily book flight ticket with Ethiopian Airlines. Apart from this get Ethiopian Airlines Ticket Office Phone Number, Address and Working Hours.
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  • Ethiopian Airlines will provide air transport services for the transportation of commodities over its extensive network.

    #EthiopianAirlines #aircargo #EthiopianAirlinesGroup #MailAmericas #Africa #LatinAmerica #Europe #MiddleEast #AddisAbaba
    Ethiopian Airlines will provide air transport services for the transportation of commodities over its extensive network. #EthiopianAirlines #aircargo #EthiopianAirlinesGroup #MailAmericas #Africa #LatinAmerica #Europe #MiddleEast #AddisAbaba
    WWW.STATTIMES.COM
    Ethiopian partners with MailAmericas for cross-border eCommerce services
    Ethiopian Airlines will provide air transport services for the transportation of commodities over its extensive network.
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  • Ethiopian Airlines moves on with its cargo plans. Another investment by Atlas Air subsidiary Titan Aviation Leasing and Bain Capital.

    #TitanInvestments #EthiopianAirlines #Ethiopian #AtlasAir #Boeing #TitanAviationLeasing #BainCapital #aircargo #aircraft #airlines #aviation #africa
    Ethiopian Airlines moves on with its cargo plans. Another investment by Atlas Air subsidiary Titan Aviation Leasing and Bain Capital. #TitanInvestments #EthiopianAirlines #Ethiopian #AtlasAir #Boeing #TitanAviationLeasing #BainCapital #aircargo #aircraft #airlines #aviation #africa
    WWW.STATTIMES.COM
    Titan Investments, Ethiopian announce deal for 3 Boeing 767Fs
    Ethiopian expected to take delivery of 1st aircraft later this month with second delivery planned for later this year.
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