737NG

Aerospace Avionics Market to Reach $111.58 Billion, Globally, by 2032 at 8.9% CAGR: Allied Market Research

Retrieved on: 
Wednesday, March 20, 2024

PORTLAND, Ore., March 20, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Aerospace Avionics Market, by Subsystem (Flight Management Systems, Flight Control Systems, Health Monitoring Systems, Electrical & Emergency Systems and Communication, Navigation, and Surveillance Systems), Platform (Military Aviation, Commercial Aviation, General Aviation, and Special Mission Aviation), Fit (Retrofit and Forward Fit), and End-Use (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2022–2032". the global aerospace avionics market size was valued at $48.74 billion in 2022, and is projected to reach $111.58 billion by 2032, registering a CAGR of 8.9% from 2023 to 2032.

Key Points: 
  • Increase in traffic densities, increase in need to utilize RF spectrum, and improved safety nets have elevated the demand for surveillance systems.
  • This upgrade replaces legacy Pro Line 4 avionics with cutting-edge displays and synthetic vision, addressing obsolescence issues, improving operational efficiency, and enhancing safety.
  • Rigorous safety standards and a growing emphasis on aviation cybersecurity are prompting investments in avionics technology, thus driving the market.
  • The aerospace avionics market analysis spans across more than 16 countries, offering a detailed breakdown of each country's value ($million) from 2022 to 2032.

Aerospace Avionics Market to Reach $111.58 Billion, Globally, by 2032 at 8.9% CAGR: Allied Market Research

Retrieved on: 
Wednesday, March 20, 2024

PORTLAND, Ore., March 20, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Aerospace Avionics Market, by Subsystem (Flight Management Systems, Flight Control Systems, Health Monitoring Systems, Electrical & Emergency Systems and Communication, Navigation, and Surveillance Systems), Platform (Military Aviation, Commercial Aviation, General Aviation, and Special Mission Aviation), Fit (Retrofit and Forward Fit), and End-Use (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2022–2032". the global aerospace avionics market size was valued at $48.74 billion in 2022, and is projected to reach $111.58 billion by 2032, registering a CAGR of 8.9% from 2023 to 2032.

Key Points: 
  • Increase in traffic densities, increase in need to utilize RF spectrum, and improved safety nets have elevated the demand for surveillance systems.
  • This upgrade replaces legacy Pro Line 4 avionics with cutting-edge displays and synthetic vision, addressing obsolescence issues, improving operational efficiency, and enhancing safety.
  • Rigorous safety standards and a growing emphasis on aviation cybersecurity are prompting investments in avionics technology, thus driving the market.
  • The aerospace avionics market analysis spans across more than 16 countries, offering a detailed breakdown of each country's value ($million) from 2022 to 2032.

Avelo Airlines Takes Flight for Greener Future with Fuel and Emission-Reducing Technology across its Fleet

Retrieved on: 
Friday, March 1, 2024

HOUSTON, March 1, 2024 /PRNewswire/ -- Avelo Airlines announced today it is partnering with Seattle-based Vortex Control Technologies (VCT) to install fuel and emissions-reducing Finlets on the airline's fleet of Boeing Next-Generation (NG) 737 jetliners. VCT's Finlets, which are mounted on the aircraft's aft fuselage, are setting a new standard in operational efficiency for Avelo and other carriers adopting this innovative green technology.

Key Points: 
  • Once Avelo's entire fleet is fitted with Finlets, the airline estimates an annual reduction of 11 million pounds of carbon emissions and 560,000 gallons of fuel.
  • Avelo Airlines Chairman and CEO Andrew Levy said, "We've set out to build a different and better kind of airline at Avelo.
  • This investment will have a meaningful reduction in our annual fuel costs, while also significantly reducing our carbon footprint.
  • In 2023, the airline achieved the lowest flight cancellation rate in the U.S. airline industry and ranked #2 in on-time reliability.

Jet2.com Partners With IWG, Installing Pre-Select to Support Aircraft Weight and Emissions Reductions

Retrieved on: 
Thursday, January 4, 2024

Jet2.com has chosen the IWG Pre-Select system, which enables operators to accurately manage the amount of potable water carried based on data of actual usage from IWG's proprietary system, providing weight and jet fuel savings.

Key Points: 
  • Jet2.com has chosen the IWG Pre-Select system, which enables operators to accurately manage the amount of potable water carried based on data of actual usage from IWG's proprietary system, providing weight and jet fuel savings.
  • IWG's Pre-Select is Transport Canada, FAA, and EASA approved, with STCs for Boeing's 737NG and the MAX -8 and -9 aircraft and installations completed in Canada, Europe, and the Americas.
  • "The IWG Pre-Select System provides immediate fuel and carbon savings by reducing aircraft weight through effective water management.
  • Pre-select reduces aircraft weight as much as 180kg, 400lbs on each flight, providing a reduction in fuel required and carbon emissions.

AerSale® Receives Boeing 737NG Supplemental Type Certificate for its Enhanced Flight Vision System “AerAware™”

Retrieved on: 
Wednesday, December 6, 2023

AerSale developed the AerAware certification program under license with The Boeing Company, which included access to necessary technical services, maintenance, and engineering data.

Key Points: 
  • AerSale developed the AerAware certification program under license with The Boeing Company, which included access to necessary technical services, maintenance, and engineering data.
  • AerAware incorporates Synthetic Vision and Enhanced Vision Systems along with Primary Flight Display symbology, resulting in a user-controlled Combined Vision System that substantially increases situational awareness during all phases of flight including low visibility operations.
  • Additionally, AerAware greatly enhances flight crew situational awareness, which results in improved energy management during critical phases of flight.
  • The newly certified AerAware system is available exclusively through AerSale and its business partner Universal Avionics, an Elbit Systems company.

AerSale Provides Update on AerAware Certification Status

Retrieved on: 
Wednesday, October 4, 2023

AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, provided an update to the status of AerAware™ certification by the U.S. Federal Aviation Administration (FAA) today.

Key Points: 
  • AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, provided an update to the status of AerAware™ certification by the U.S. Federal Aviation Administration (FAA) today.
  • The Company is nearing the conclusion of the FAA certification process of its Enhanced Flight Vision System “AerAware,” applicable to the Boeing 737NG and MAX aircraft.
  • Nicolas Finazzo, AerSale’s Chief Executive Officer said, “Although we passed the flight-testing portion of the certification process on August 19th, there are several reports still under review by the FAA.
  • Following final FAA acceptance and processing of all the reports submitted, we anticipate an award of the STC.”

Aero Design Labs hits fuel and carbon emission reduction targets with its drag reduction kit for the Boeing 737-800

Retrieved on: 
Tuesday, August 1, 2023

FORT WORTH, Texas, Aug. 1, 2023 /PRNewswire/ -- Aero Design Labs (ADL) today reported results of its in-service data validation aboard a Boeing 737-800 equipped with ADL's proprietary drag reduction kit.

Key Points: 
  • FORT WORTH, Texas, Aug. 1, 2023 /PRNewswire/ -- Aero Design Labs (ADL) today reported results of its in-service data validation aboard a Boeing 737-800 equipped with ADL's proprietary drag reduction kit.
  • "We are delighted to share that we have measured cruise fuel burn reductions of between 1.5 and to 2.0 percent.
  • "With solid fuel reduction data in hand, we can turn our efforts towards assisting airlines around the world," commented Chris Jones, ADL's Chief Commercial Officer.
  • With delivery delays of new aircraft impacting plans for airlines to modernize their fleets, our kit can immediately deliver lower fuel costs and an alternative to carbon offsets.

Aero Design Labs hits fuel and carbon emission reduction targets with its drag reduction kit for the Boeing 737-800

Retrieved on: 
Tuesday, August 1, 2023

FORT WORTH, Texas, Aug. 1, 2023 /PRNewswire/ -- Aero Design Labs (ADL) today reported results of its in-service data validation aboard a Boeing 737-800 equipped with ADL's proprietary drag reduction kit.

Key Points: 
  • FORT WORTH, Texas, Aug. 1, 2023 /PRNewswire/ -- Aero Design Labs (ADL) today reported results of its in-service data validation aboard a Boeing 737-800 equipped with ADL's proprietary drag reduction kit.
  • "We are delighted to share that we have measured cruise fuel burn reductions of between 1.5 and to 2.0 percent.
  • "With solid fuel reduction data in hand, we can turn our efforts towards assisting airlines around the world," commented Chris Jones, ADL's Chief Commercial Officer.
  • With delivery delays of new aircraft impacting plans for airlines to modernize their fleets, our kit can immediately deliver lower fuel costs and an alternative to carbon offsets.

HONEYWELL PARTNERS WITH FOKKER SERVICES GROUP FOR REPAIR AND OVERHAUL SERVICES

Retrieved on: 
Thursday, June 22, 2023

PARIS, June 22, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) and Fokker Services B.V. (Fokker) have signed a memorandum of agreement whereby Fokker has been authorized as a Service Center & Channel Partner for Honeywell pre-cooler control valve (PCCV) repair and overhaul services.

Key Points: 
  • PARIS, June 22, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) and Fokker Services B.V. (Fokker) have signed a memorandum of agreement whereby Fokker has been authorized as a Service Center & Channel Partner for Honeywell pre-cooler control valve (PCCV) repair and overhaul services.
  • The agreement, announced at Paris Air Show 2023, will provide airline operators with a wider choice of component repair services.
  • Through its Amsterdam center, Fokker will offer full disassembly, assembly, test, repair and overhaul services to customers across the globe.
  • This collaboration serves as an expansion of the existing repair authorization for Honeywell avionics and mechanical components, enabling Honeywell and Fokker to venture into new product lines together.

Raytheon Technologies helping power data-driven decision-making at American Airlines

Retrieved on: 
Wednesday, April 26, 2023

ANNAPOLIS, Md., April 26, 2023 /PRNewswire/ -- Raytheon Technologies' (NYSE: RTX) Collins Aerospace business is partnering with American Airlines to bring the latest in aircraft data management technology to improve the airline's safety, reliability and analytics. 

Key Points: 
  • ANNAPOLIS, Md., April 26, 2023 /PRNewswire/ -- Raytheon Technologies' (NYSE: RTX) Collins Aerospace business is partnering with American Airlines to bring the latest in aircraft data management technology to improve the airline's safety, reliability and analytics.
  • And at American, data drives the operational decisions we make.
  • Benefitting from near real-time access gives American added power to keep its fleet running safely and on time.
  • American is currently performing the installation of the Collins AID at seven American Airlines locations.