Reuters reports, “SpaceX aims to reach 10,000 launches annually within five years, but government officials will need to see improved reliability before approving such an expansion, the head of the Federal Aviation Administration said on Wednesday. FAA Administrator Bryan Bedford said hemet with SpaceX President Gwynne Shotwell, who told him about the company’s ambitious goal. SpaceX conducted 170 launches in 2025 deploying about 2,500 satellites.”
Full Story (Reuters)
Tag: by 2031
FBO Market Expected to Grow to $41.4B by 2031
Flying Magazine reports, “The market for FBOs—the companies that handle services at airports like fueling, hangaring, and aircraft maintenance—is set to grow at a “healthy” rate over the next several years, according to a new report. Market research firm The Insight Partners predicts the fixed base operator market will expand from $25.5 billion in 2024 to $41.4 billion by 2031. Analysts attributed the forecasted gains to a more dynamic business travel environment and demand from established and emerging regions, especially North America, Europe, and Asia.”
Full Story (Flying Magazine)