Transport Canada

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

PALM BEACH, Fla., April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

Palm Beach, FL, April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

PALM BEACH, FLa., April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Expanded Canada-United Arab Emirates air transport agreement to allow more flights between both countries

Retrieved on:

Wednesday, April 5, 2023

Paratriathlon, Tourism, Transport Canada, RSS, Friends, Innovation, Science and Economic Development Canada, Minister of International Trade, Export Promotion, Small Business and Economic Development, Person, Economic development, Blue Sky, Small business, Family, News, United Arab Emirates, International trade, Airline, Drug, Flickr

Today, the Minister of Transport, the Honourable Omar Alghabra, announced the conclusion of an expanded air transport agreement between Canada and the United Arab Emirates (UAE), which is Canada's largest air transport market in the Middle East.

Key Points:

Today, the Minister of Transport, the Honourable Omar Alghabra, announced the conclusion of an expanded air transport agreement between Canada and the United Arab Emirates (UAE), which is Canada's largest air transport market in the Middle East.
The expanded agreement allows 21 flights per week for each country.
This significant move will better accommodate the growing Canada-UAE air transport market, improve Canada's global connectivity, and support tourism and trade activity between the two countries.
"This expansion of the Canada-United Arab Emirates air transport agreement will improve Canada's international connectivity and enhance people-to-people and commercial links.

Canada continues strong measures to protect endangered North Atlantic right whales

Retrieved on:

Friday, March 31, 2023

That is why the government is committed to protecting endangered species like the North Atlantic right whale, and the marine environment in which they live.

Key Points:

That is why the government is committed to protecting endangered species like the North Atlantic right whale, and the marine environment in which they live.
In 2023 and into the future, Canada will apply its world-class and adaptive management measures to protect the North Atlantic right whale from fishing gear entanglements and vessel collisions, which threaten the recovery of the species.
DFO will apply gear marking requirements, lost gear reporting requirements and marine mammal disturbance reporting requirements to further inform measures to protect whales.
"Through the implementation of traffic management measures on over 72,000 square kilometres in the Gulf of St. Lawrence, our Government is committed to safeguarding the critically endangered North Atlantic right whales in Canadian waters.

Jazz Aviation welcomes Cygnet Aviation Academy to its pilot pathway program

Retrieved on:

Tuesday, March 28, 2023

HALIFAX, NS, March 28, 2023 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) subsidiary, Jazz Aviation LP ('Jazz'), is pleased to celebrate the launch of Chorus's Cygnet Aviation Academy ('Cygnet') and welcomes Cygnet as the 13th educational institution participating in its Jazz Aviation Pathways Program.

Key Points:

HALIFAX, NS, March 28, 2023 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) subsidiary, Jazz Aviation LP ('Jazz'), is pleased to celebrate the launch of Chorus's Cygnet Aviation Academy ('Cygnet') and welcomes Cygnet as the 13th educational institution participating in its Jazz Aviation Pathways Program.
"We're pleased to congratulate Cygnet and to be working with another Chorus company to provide opportunities for aspiring pilots," said Steve Linthwaite, Vice President, Flight Operations, Jazz.
Jazz and Cygnet are collaborating to deliver Jazz Approach – a unique pilot training opportunity that offers an accelerated career path for aspiring professional pilots.
To-date, the Jazz Aviation Pathways Program has announced agreements with 20 participating industry organizations.

Chorus Aviation Announces Launch of Cygnet Aviation Academy

Retrieved on:

Tuesday, March 28, 2023

Diamond, Aircraft, CHR, CAE, Transport Canada, Business, Civil aviation, CAE Phoenix, First officer (aviation), Airline, NS, RCAF, TSX, Satellite navigation device, Aviation, Chorus, Cygnet

HALIFAX, NS, March 28, 2023 /CNW/ - Today Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced the launch of Cygnet Aviation Academy ('Cygnet'), a first of its kind pilot academy in Canada providing leading edge flight training with direct access to career opportunities.

Key Points:

HALIFAX, NS, March 28, 2023 /CNW/ - Today Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced the launch of Cygnet Aviation Academy ('Cygnet'), a first of its kind pilot academy in Canada providing leading edge flight training with direct access to career opportunities.
She is active with several aviation industry boards including the Air Transport Association of Canada and the Aviation Accreditation Board International.
The launch of Cygnet establishes an organization dedicated to developing airline ready First Officers from start to finish, using state of the art Diamond Aircraft and flight simulation training devices."
Designed for individuals with little to no flight experience, cadets will spend 18 months at Cygnet in Kingston, Ontario.

Now Open for Project Applications: Two Calls for Indigenous-led Zero-Emission Vehicles Projects

Retrieved on:

Monday, March 27, 2023

The first call for proposals is a pilot that is funding Indigenous-led awareness and education projects to help increase knowledge and confidence in EVs, low-emission vehicles and clean fuels.

Key Points:

The first call for proposals is a pilot that is funding Indigenous-led awareness and education projects to help increase knowledge and confidence in EVs, low-emission vehicles and clean fuels.
"We're making electric vehicles more affordable and charging more accessible in communities across the country — including with Indigenous partners.
The Government of Canada encourages communities to answer these calls for applications to the ZEV Awareness Initiative and Infrastructure Programs.
ZEVAI for Indigenous-led projects is supported by funding from the Clean Fuels Fund, the Green Freight Program, and the Zero-Emission Vehicle Infrastructure Program.

Statement by the Minister of Transport about the Transportation Safety Board of Canada's investigation report on the fishing vessel Chief William Saulis

Retrieved on:

Wednesday, March 22, 2023

Transportation Safety Board, Minister of Public Safety, Paratriathlon, Accident, Transport Canada, Person, Government, Transportation Safety Board of Canada, Publishing, Risk, News, Safety, Fishing

OTTAWA, ON, March 22, 2023 /CNW/ - Today, the Minister of Transport, the Honourable Omar Alghabra, issued this statement about the Transportation Safety Board of Canada's investigation report on the fishing vessel Chief William Saulis.

Key Points:

OTTAWA, ON, March 22, 2023 /CNW/ - Today, the Minister of Transport, the Honourable Omar Alghabra, issued this statement about the Transportation Safety Board of Canada's investigation report on the fishing vessel Chief William Saulis.
"I want to thank the Transportation Safety Board of Canada for their work in conducting the investigation and publishing their report.
"Transport Canada will thoroughly review the investigation report and its recommendation, and I will provide a formal response to the Transportation Safety Board of Canada within 90 days.
In 2017, new Fishing Vessel Safety Regulations came into force and phase II of these regulations should be implemented in 2023.

WestJet first airline in Canada to fly Aero Design Lab's drag reduction modification kit

Retrieved on:

Tuesday, March 21, 2023

Certification, Aero, WestJet, Supplemental type certificate, Boeing 737 Next Generation, Boeing, Transport Canada, CO2, ADL, Aircraft, Airline

As part of the testing and certification process, WestJet was the first airline in the world to install and operate with an ADL drag reduction kit on its aircraft.

Key Points:

As part of the testing and certification process, WestJet was the first airline in the world to install and operate with an ADL drag reduction kit on its aircraft.
"We are delighted to see our drag reduction kits flying with WestJet in Canada," said Chris Jones, Aero Design Labs' Chief Commercial Officer.
"All of us at Aero Design Labs are grateful to WestJet and their teams who were pivotal in the testing and ultimate certification of our drag reduction kit.
"This WestJet flight marks the second airline to operate with our drag reduction kit in place in as many weeks," continued Chris Jones.