What is the aviation outlook for 2023 2024?
What is the aviation outlook for 2023 2024? Solid double-digit recovery for aviation in 2023 On the back of this, we expect the average annual growth for Revenue Passenger Kilometer (RPK) to hit 25% in 2023 compared to 2022. Recovery is set to naturally slow down in 2024 but will continue at a moderate pace.
What is the outlook for General Aviation in 2023?
Our Latest Report on the global General Aviation Market 2023 shows a steady and strong upward trend in recent years, and this trend is anticipated to remain favorable through 2030.
Will there be a pilot shortage in 10 years?
All the evidence lead us to believe there will continue to be a global pilot shortage for at least the next 10-20 years and it is going to be severe. This is an opportune moment to begin career as a pilot. The demand for skilled pilots is projected to increase significantly over the next few years.
What is the future forecast for aviation?
The aviation sector is growing fast and will continue to grow. The most recent estimates suggest that demand for air transport will increase by an average of 4.3% per annum over the next 20 years.
What is the most sustainable airline in 2023?
Turkish Airlines has been crowned the 'Most Sustainable Flag Carrier Airline' in World Finance's Sustainability Awards 2023, having won the same award last year.
Where will aviation be in 10 years?
Over the next 10 years, the worldwide commercial aircraft fleet will grow 3.3% annually from 29,000 to 42,000, notwithstanding the ongoing geopolitical and supply chain challenges impacting Original Equipment Manufacturers (OEM) production rates, according to Alton Aviation Consultancy.
Will pilots be needed in the next 10 years?
In 2020, the number of pilots aged over 45 was around 16,000, while the demand for air travel has been growing strongly and consistently over the last decade. In total, it is estimated that around 81,000 additional pilots will be needed across the Americas between 2019 and 2029.
Will there be a pilot shortage in 2023?
Conclusion. The pilot shortage experienced in 2023 is a multifaceted issue driven by increased air service demand, an aging pilot workforce, stringent training requirements, and more. Regions such as North America, Asia-Pacific, and the Middle East are among those most impacted by the shortage.
Does aviation have a future?
Aside from the realities of the physics of flight, people will always want to be on the move. Demand for air travel will keep growing in the foreseeable future, according to IATA, whose recent figures show that demand is expected to reach 94% of 2019 levels in 2023 and will increase to 103% in 2024 and 111% in 2025.