Aerotime reports, “Dublin-based aircraft leasing company Avolon has published a new market outlook report, predicting that the global airline industry will reach US$1 trillion in revenue for the first time ever during 2025. According to this analysis, the main driver behind this growth is the Asia-Pacific region, which will be adding more capacity than all other regions of the world combined.”
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Tag: Asia-Pacific Region
Asia Well Positioned for Lead Role in Advanced Air Mobility
Aviation International News reports that “multiple projects across Japan, South Korea, China, Singapore, Indonesia, India, Australia, and New Zealand are laying the groundwork for the wider Asia-Pacific region to stand at the forefront of new advanced air mobility (AAM) services.”
Full Story (Aviation International News)