As of March 23, 2020, including Emirates Airlines, more than 20 airlines suspended their operations by 100 percent, implying all flights were cancelled. Due to coronavirus (COVID-19) outbreak, the aviation industry experiences a huge recession compared to other industries because countries have banned international and domestic travel.

The impact of the novel coronavirus (COVID-19) can be seen on every sector of the most affected countries as well as globally. In the week starting January 4, 2021, the number of scheduled flights worldwide was down by 43.5 percent compared to the week of January 6, 2020. The impact of COVID-19 on the Chinese aviation reached a peak in the week starting February 17, 2020, with flight numbers down by 70.8 percent. Aviation market prior to COVID-19 outbreak Before the coronavirus outbreak hit the globe, the aviation industry was improving at a steady pace across countries. For instance, the projected annual growth of revenue ton-miles (RTM) for international flights by U.S. commercial air carriers was at roughly four percent for the period between 2020 and 2040. Prior to the coronavirus outbreak, the forecasted aircraft maintenance, repair and overhaul (MRO) market size in North America was over 22 billion U.S. dollars in 2020. After the adjustments with respect to radical changes driven by coronavirus shock, the North American MRO market is now estimated to generate roughly 12 billion U.S. dollars during the same period. Besides, it was estimated that between 2019 and 2038 over 260,000 technicians in the aviation industry will be demanded in the Asia Pacific region only. Aviation market after COVID-19 shock Coronavirus pandemic hit the passenger aviation much worse than cargo aviation because of lockdowns and bans restricting international travel across the globe. As a result of persisting COVID-19 shocks, passenger aviation is expected to lose roughly 370 billion U.S. dollars in 2020. Even though some countries started to recover as the coronavirus spread is being contained, the desired level of recovery may take at least several quarters or years. The change of airlines’ capacity will most likely remain at least ten percent below the 2019 levels. The longer recovery periods are attributed to several factors including the COVID-19 economic recession, confidence of people to travel, and stringent travel restrictions. Therefore, some institutions forecast the aviation industry to recover at a much slower pace than what was expected.

As a result of the advance of COVID-19, in mid-March 2020 the companies EasyJet, Tui and Jet2 decided to cancel their flights to Spain. The measure especially affected five Spanish airports, which between March and May of that year had more than half a million seats scheduled.

In March 2020, the number of international inbound cargo flights in the United States declined to 6,511. The effect of COVID-19 on the cargo aviation industry is relatively mild. Yet, almost all passenger flights have been cancelled amid the coronavirus outbreak around the globe.

According to a survey, 44 percent of people agreed with the way airlines handled the coronavirus outbreak worldwide in 2020. The coronavirus (COVID-19) outbreak significantly impacted the aviation industry due to travel restrictions resulting in flight cancellations all over the world.

According to a 2020 survey, 26 percent of people surveyed in Japan somewhat agree with how airlines handled the coronavirus outbreak in 2020. The coronavirus outbreak significantly impacted the aviation industry due to travel restrictions resulting in flight cancellations all over the world.

According to Cognitive Market Research, the global Aircraft Flight Control System (AFCS) Market size is USD 15.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 8.50% from 2023 to 2030.

The global Aircraft Flight Control System (AFCS) Market will expand significantly by 8.50% CAGR between 2023 and 2030.
The demand for Aircraft Flight Control System (AFCS) Market is rising due to the various regulations, government spending
Demand for Hydro-mechanical FCS remains higher in the Aircraft Flight Control System (AFCS) Market.
The Civilian category held the highest Aircraft Flight Control System (AFCS) Market revenue share in 2023.
North American Aircraft Flight Control System (AFCS) Market will continue to lead, whereas the European Aircraft Flight Control System (AFCS) Market will experience the most substantial growth until 2030.

Enhanced Safety and Situational Awareness to Provide Viable Market Output

The usage of advanced flight computers enhances the safety of flight significantly since they automate a huge chunk of flight parameter monitoring activities thereby reducing the pilot's workload. The plethora of functions that can be easily performed by onboard flight control systems help enhance the safety envelope of the aircraft by improving the situational awareness of the pilots and reducing fatigue to a great extent. Additionally, the commercial and military aircraft fleet of various countries is growing across commercial airlines, including narrow-body aircraft, wide-body aircraft, and regional jets.

For instance, in October 2022, BAE Systems and Supernal, two major flight control system manufacturers, unveiled an agreement to design and develop Supernal's Vertical Take-off and Landing (eVTOL) computer control system. In support of Supernal, BAE Systems will help define the architecture of a light electric flight system for its autonomous aircraft. The electric flight control system is anticipated to safely and efficiently control the aircraft during flight.

Source-www.ainonline.com/aviation-news/business-aviation/2022-10-19/bae-develops-flight-controls-supernal-evtol

Emergence of New Aircraft Manufacturers to Propel Market Growth

The emergence of new aircraft manufacturers in the Asia Pacific and Latin American regions is one of the major opportunities for the growth of the aircraft flight control systems market. Commercial Aircraft Corporation of China, Ltd. (COMAC) (China), Embraer SA (Brazil), and Mitsubishi Aircraft Corporation (Japan) are some of the new aircraft manufacturing companies. Mitsubishi Aircraft Corporation is engaged in the production of regional aircraft, while COMAC manufactures commercial, business, and regional aircraft.

For instance, in July 2023, BAE Systems unveiled the successful completion of PHASA-35 flight over 24 hours; PHASA-35

Source-www.aerosociety.com/news/exclusive-bae-systems-phasa-35-makes-breakthrough-stratospheric-flight/

Market Dynamics of the Aircraft Flight Control System (AFCS) Market

Design Challenges to Restrict Market Growth

Flight control systems are essential for ensuring the proper operation of the aircraft, and hence the safety of the crew and passengers is dependent on the optimal functioning of the system and its subcomponents. Thus, the integrated flight control architecture onboard an aircraft model is required to be designed as per the guidelines formulated by aviation regulatory authorities, and their performance and accuracy are required to be validated prior to obtaining installation type certification.

Impact of COVID-19 on the Aircraft Flight Control System (AFCS) Market?

The impact of COVID-19 has been considered when predicting market numbers to provide a clearer view of the market in the past, present, and future. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Automatic Flight Control System (AFCS) industry. What is Aircraft Flight Control System (AFCS)?

A conventional fixed-wing aircraft flight control system (AFC...

In April 2020, more Russians planned to reduce rather than increase their costs on all given categories. Due to the coronavirus (COVID-19) pandemic in Russia, international flights were cancelled, and the number of consumers willing to travel significantly decreased on domestic flights as well.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

In a 2020 survey, 32 percent of respondents over 65 years old in the U.S. revealed that they have heard, seen or read some about a 50 billion U.S. dollars coronavirus bailout package request of the U.S. airline industry. As the COVID-19 outbreak spreads around the U.S., domestic and international flights are being fully cancelled more and more; thus, impeding the entire economic acitivity of the U.S. airline industry.

In a 2020 survey, 31 percent of male respondents in the U.S. revealed that they have heard, seen or read some about a 50 billion U.S. dollars coronavirus bailout package request of the U.S. airline industry. As the COVID-19 outbreak spreads around the U.S., domestic and international flights are being fully cancelled more and more; thus, impeding the entire economic acitivity of the U.S. airline industry.

As a result of the spread of the coronavirus (COVID-19) in Spain, the central government decided to ban all direct flights from Italy on March 10th, coming into force as of March 11th, 2020. This new effort to contain the transmission of this disease affected the main airports with direct flight connections with Italy, with Barcelona-El Prat as the most stricken by this decision with almost half a million seats affected between March 1st to April 30th, 2020. On the other hand, Madrid was the Spanish autonomous community that was most affected by the spread of the coronavirus during this period, with over five thousand people infected as of March 19, 2020. The impact of the outbreak of this disease was such that the global stock markets were affected. The Spanish IBEX-35 was no exception to that, decreasing by 2500 stock market points during the first days of March.

In a 2020 survey, 30 percent of respondents in the U.S. revealed that they have heard, seen or read some about a 50 billion U.S. dollars coronavirus bailout package request of the U.S. airline industry. As the COVID-19 outbreak spreads around the U.S., domestic and international flights are being fully cancelled more and more; thus, impeding the entire economic acitivity of the U.S. airline industry.

On August 31, 2021, the number of daily scheduled international flights from Greater China ranged at approximately 652, of which around 224 were cancelled. The number of cancellations was highly affected by the development of the coronavirus pandemic. In April 2021, the number of daily cancelled international flights had reached a low.

The South Korean government provided financial support of approximately 300 billion South Korean won to small and mid-sized Korean airlines to mitigate the impact of the coronavirus (COVID-19) pandemic in early 2020. Furthermore, as of April 2020, the government announced aid packages to the two major Korean airlines, Korean Air and Asiana Airlines, worth 1.2 and 1.7 trillion won each. Korean Airlines and the COVID-19 Pandemic The spread of COVID-19 in South Korea and then across the globe in the first months of 2020 heavily impacted domestic airlines. As countries went into lockdown and imposed restrictions on not only the entry of foreigners but even transits in some cases, a flurry of flight cancellations, ticket refunds, and even the complete suspension of flights erupted throughout the world. Subsequently, domestic airlines reported year-on-year revenue drops of 84.4 percent in the 3rd week of February 2020. In March, both international arrivals and departures dropped by over 94 percent compared to the previous year. Air cargo traffic was less affected, only recording a five percent drop. Industry insiders predicted that the ongoing COVID-19 pandemic could dampen demand for global air travel for the rest of the year. Airlines’ Financial Woes The government decided to financially support these private companies after deliberation as the airlines’ financial woes were not entirely the result of the pandemic. Thus, there were concerns of public criticism for using taxpayers’ money to fund the airlines. Korea’s largest carrier, Korean Air, and others have promised to improve their financial status, cut dividends, and not lay off their employees as they receive public financial aid.

According to Cognitive Market Research, the global Rotary Wing Aircraft Rivets market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 4.20% from 2023 to 2030.

The demand for rotary wing aircraft rivets is rising due to the increase in a number of aircraft orders and the rise in the demand for military aircraft across the globe.
Demand for rivets remains higher in the rotary wing aircraft rivets market.
The defense category held the highest rotary wing aircraft rivets market revenue share in 2023.
North American Rotary Wing Aircraft Rivets will continue to lead, whereas the Asia-Pacific Rotary Wing Aircraft Rivets market will experience the most substantial growth until 2030.

Growing Demand for Lightweight Materials to Provide Viable Market Output

A key driver in the Rotary Wing Aircraft Rivets market is the increasing demand for lightweight materials in aircraft construction. With a continual emphasis on enhancing fuel efficiency and operational performance, manufacturers are adopting advanced materials that offer strength without compromising weight. This trend drives the demand for high-strength rivets in rotary-wing aircraft, ensuring structural integrity while contributing to weight reduction and overall fuel savings.

April 2023 - GE Aerospace signed an agreement with Lockheed Martin to support the F-35's electrical and electronic systems globally. The company will support the electrical power management system, flight backup display, remote input-output unit, aircraft memory system, fuselage remote interface unit, missile remote interface unit, and engine failure monitoring system.

Source-www.geaerospace.com/press-release/systems/ge-aerospace-signs-f-35-avionics-and-power-services-agreement

Market Dynamics For the Rotary Wing Aircraft Rivets Market

Supply Chain Disruptions to Restrict Market Growth

A key restraint in the Rotary Wing Aircraft Rivets market is the impact of supply chain disruptions. The market heavily relies on a complex global supply chain for raw materials and manufacturing processes. Disruptions caused by events such as the COVID-19 pandemic and geopolitical tensions can lead to shortages, delays, and increased costs in the production of rivets. These supply chain challenges pose a constraint on the timely availability of rivets for rotary-wing aircraft manufacturing, affecting the overall market dynamics.

Impact of COVID-19 on the Rotary Wing Aircraft Rivets Market

The Rotary Wing Aircraft Rivets market, like many industries, experienced notable disruptions due to the COVID-19 pandemic. The pandemic led to widespread supply chain disruptions, manufacturing slowdowns, and a decrease in demand for aerospace products. With travel restrictions and lockdowns affecting both commercial and military aviation sectors, the production and delivery of rotary-wing aircraft were hindered. Delays in manufacturing and reduced operational capacities of aerospace facilities contributed to a slowdown in the Rotary Wing Aircraft Rivets market. Additionally, airlines and defense agencies, facing financial challenges, reconsidered and deferred their procurement plans, impacting the overall demand for rotary-wing aircraft components, including rivets. What is Rotary Wing Aircraft Rivets?

A rivet is a metal pin having a “formed head” at one end and a “shop head” on other. Two types of rivets are used in aircrafts solid shank rivets and special (blind) rivets. Aerospace rivets are used for joining aircraft skin sections, spar sections, and for securing fittings to various parts of aircraft. Growth is fuelled by the increase in number of aircraft orders and rise in the demand of military aircraft across the globe.

September 2022 - Inmarsat was working with Teledyne Controls to improve flight tracking capabilities of airlines operating in the European airspace by leveraging some of their satellite connectivity services

Source-www.aviationtoday.com/2022/09/30/inmarsat-forms-partnership-teledyne-improve-flight-tracking-european-airlines/

For the week starting December 21, 2020, the number of scheduled flights in Singapore was down by 89.14 percent compared to the same week in December 2019. The Covid-19 pandemic saw countries going into lockdowns and closing their borders, thereby limiting global travel.

Pandemic brought Singapore’s flight traffic to a standstill

The coronavirus outbreak significantly impacted the aviation industry, as travel restrictions has resulted in flight cancellations all over the world, with the Asia Pacific region being one of the worst hit. For Singapore, the number of direct flights had been reduced to just 49 cities, compared with 160 before the pandemic. This had resulted in the suspension of operations in two terminals, severely impacting air traffic in Singapore in comparison to other major cities.

As travel restrictions started to ease, fast lanes arrangements have been established since June 2020 to facilitate essential business and official travel between Singapore and Brunei, Japan, Mainland China, Malaysia, and the Republic of Korea. Even though some countries started to recover as the coronavirus spread started being contained, the desired level of recovery for the aviation industry may take at least several quarters or even years.

Boosting Singapore’s connectivity with non-stop flights

Prior to the pandemic, Singapore has been leveraging on both its geographical and strategical position to harness traffic between South and Southeast Asia, as well as connect investor markets like the US and EU to Southeast Asia. In the wake of growing traffic, particularly within Asia, the route between Kuala Lumpur International Airport to Singapore Changi Airport was ranked as the busiest international route of 2019, with 29,993 flights. In the same year, Scoot launched non-stop flights operating four days a week from Changi Airport to Changsha and Kunming – important centers of manufacturing and innovation in China.

Between March 2019 and March 2020, air freight volume globally declined by 19 percent. In March 2020, total air freight volume amounted to four million metric tons. Compared to passenger aviation, the effect of COVID-19 on the cargo aviation industry is relatively mild. On the other hand, almost all passenger flights have been cancelled amid the coronavirus outbreak around the globe.

According to a 2020 survey, 47 percent of people surveyed in Singapore somewhat agree with how their airline handled the coronavirus outbreak in 2020. The coronavirus outbreak significantly impacted the aviation industry due to travel restrictions resulting in flight cancellations all over the world.

Since March 2022 the passenger numbers on international flights are slowly increasing. Due to changing travel limitations and precautionary matters the number of passengers are still low compared to the time before the coronavirus (COVID-19) outbreak. In November 2022, the number of passengers on international flights reached over 913.89 thousand.

Passenger traffic has been shut down for the summer and early autumn 2020 at many airports in Finland, and flights on all routes have been significantly reduced and suspended. Because Finnair offers the shortest route between Europe and Asia, Helsinki has become a major hub in Asia-Europe travel (especially China and Japan). However, due to the coronavirus pandemic, Finnair cancelled all flights to mainland China in February 2020, which led to a passenger decrease of 95.8 percent in March 2020 compared to the previous year. Travel restrictions and precautionary matters continued their influence on passengers and Airlines in 2021 and early 2022.

In March 2020, the number of international inbound cargo flights in Canada declined to 2,017. The effect of COVID-19 on the cargo aviation industry is relatively mild. Yet, almost all passenger flights have been cancelled amid the coronavirus outbreak around the globe.