AIR AMBULANCE market widens as world faces increasing medical health issues

The global air ambulance market was valued at only $5.24 billion in 2020 but is projected to reach $14.2 billion by 2030. Accidents and life threatening medical emergencies require a quick Aand timely approach to save lives. Depending on the patient’s condition, location and the calculated risks associated with delays in handling the situation, emergencyRead More

MoMook: Leading the way to a paperless aviation future

The idea of going paperless in the aviation industry is simple: To have all the necessary maintenance documentation available electronically, with major parts tagged to support the process. The move would ensure all aircraft major parts have back-to-birth records that show compliance with the necessary regulations and quality controls at all times, for example. ThisRead More

Critical spare parts playing an essential role in the MRO industry

While maintaining some spare parts may prove helpful, critical spare parts perform an essential role in manufacturing environments because their absence can bring operations to a standstill. The global MRO market was valued at $660 billion in 2020 and is expected to grow by 1.5 percent by 2023. Air carriers around the world are facingRead More

CHINA is becoming all powerful, economically and militarily

Pandemic or no pandemic, weaponisation will continue at frenetic pace Asian countries are arming themselves to the teeth Will COVID-19 change military Wequations in the world? As it has taken a deadly toll in almost all countries and to a considerable extent in the most powerful country – USA – some theorists have started believingRead More

Global aviation industry rebuilding itself from a devastating

Boeing forecasts $9 trillion aerospace market opportunities in commercial, defense and services over the next decade. The global commercial fleet will surpass 49,000 airplanes by 2040, with China, Europe, North America and the Asia-Pacific countries each accounting for about 20% of new airplane deliveries, and the remaining 20% going to other emerging markets, the leadingRead More

Tech advancements, growing aviation needs & upsurge in economies will push MRO industry growth

The commercial aviation industry had seen many ups and downs over the years. But the digital age has pushed it to move forward with the rise of the emerging markets across many continents. The change on aircraft fleet design, model and number concurrently requires attention on maintenance, repair and overhaul (MRO) demand. According to global management consulting firm Oliver Wyman’s 2016-17 Airline Economic Analysis highlights, Asia will lead theRead More

World military expenditure rises to $1.822 trillion

US, China, Saudi Arabia, India and France were the biggest spenders. America keeps lead as the world’s biggest arms supplier Military expenditure across the world rose to $1.822 trillion in 2018 nearly double of the total amount spent during the post-cold war low in 1998, the Stockholm International Peace Research Institute (SIPRI) disclosed Analysts attribute the increasing military expenditure to rising political and security tensions in manyRead More

Aviation industry sees the future with optimism despite challenges

About 12 million passengers passed through different airport across continents to reach hundreds of destinations in 2018, keeping airlines busy with 120,000 flights dispatched 24 hours a day during the period, statistics from international bodies showed. In this day and age, traveling by air is no longer a luxury but a necessary tool in doingRead More