Boeing Delivers 2 Commercial Satellites | Worldwide Low Cost Airlines Industry Forecast | Canada Jetlines Receives Air Operating Certificate | Aircraft Electrification Global Market Research
Boeing
Boeing delivered two satellites for leading global content connectivity service provider SES to their launch site in Cape Canaveral, Florida, ahead of the upcoming launch of the twin spacecraft on a United Launch Alliance (ULA) Atlas V rocket.
“SES-20 and SES-21 are the first commercial satellites we’ve delivered since the start of the global pandemic,” said Ryan Reid, president of Boeing Satellite Systems International. “It was challenging, but we found ways to be responsive to emerging customer demands and timelines. As a result, we went from contract signing to delivery of two satellites in little over two years.”
The pair of all-electric 702SP (small platform) satellites are equipped with C-band payloads that will operate over the continental United States and help usher in the Federal Communications Commission’s 5G Fast initiative, which requires satellite operators such as SES to transition services from the lower 300 MHz to the upper 200 MHz of C-band spectrum for 5G mobile services.
The new Boeing satellites are designed and intended to enable SES’s continued delivery of its C-band broadcast and radio services as well as critical data networks services in the coming months. SES-20 and SES-21 are the 14th and 15th satellites built by Boeing for SES.
“The delivery of SES-20 and SES-21 marks yet another big milestone for our C-band spectrum clearing project in the U.S. Thanks to our trusted and long-term partner Boeing, we remain on track to migrate our customers to these new satellites so that we can continue to provide services seamlessly without disruptions,” said Ruy Pinto, Chief Technology Officer at SES.
SES-20 and SES-21 went through rigorous environmental testing at Boeing’s satellite factory in El Segundo, California, including vibration, thermal vacuum, electromagnetic interference and acoustic testing. After arriving at their launch site in Cape Canaveral, Florida, the satellites will be encapsulated in their payload fairing for launch. They’ve already been integrated into a dual-launch configuration platform built by Boeing.
“This will be our third dual-launch configuration of 702SPs, so it’s a proven way to get more to orbit, and faster, for our customers,” said Jim Peterka, Boeing’s SES-20 and SES-21 program manager.
Boeing has delivered more than 300 satellites to commercial and government customers globally, and continues to build adaptable satellites to meet changing business cases and fulfill even the most demanding missions.
Worldwide Low Cost Airlines Industry Forecast
The “Low Cost Airlines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global low cost airlines market reached a value of US$ 172.54 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 302.85 Billion by 2027, exhibiting a CAGR of 9.83% during 2021-2027.
Companies Mentioned
- Air Arabia PJSC
- Alaska Airlines Inc.
- Capital A Berhad (Tune Group Sdn Bhd)
- easyJet plc
- Go Airlines (Wadia Group)
- IndiGo
- Jetstar Airways Pty Ltd (Qantas Airways Limited)
- Norwegian Air Shuttle ASA
- Ryanair Holdings PLC
- Southwest Airlines Co.
- SpiceJet Limited
- Spirit Airlines Inc.
- WestJet Airlines Ltd.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Also known as budget airlines or no-frills carriers, low cost airlines offer fewer amenities for short-haul than conventional full-service airlines. These airlines are affordable, but they charge separately for each item, such as food, beverages, prior boarding, carry-on baggage and car rental services, to generate non-ticket revenues.
They also use single type aircraft with minimum equipment to reduce weight, acquisition and maintenance costs while increasing fuel efficiency. They operate at less congested secondary airports to reduce airport fees, air traffic, delays and ground time between flights.
A significant rise in domestic travel and tourism represents one of the key factors bolstering the market growth. Moreover, the leading airline companies offer tickets directly via the telephone or the internet and eliminate the role of third-party agencies, which reduces the cost of transactions and services.
This, in confluence with the widespread adoption of ticketless travel and the growing internet penetration, is contributing to the market growth. Furthermore, these airlines operate via point-to-point nonstop flights that aid in reducing travel time and enabling better aircraft utilization.
In addition to this, the increasing focus of business travelers on minimizing travel time and costs is influencing the market positively. The emphasis of the market players on providing discounted fares to early reservations while enhancing passenger connectivity is driving the market further.
However, the decline in the number of commercial flights on account of the spread of the coronavirus disease (COVID-19) and several measures undertaken by governing agencies to prevent the spread of the pandemic is negatively influencing the market. The market will experience growth once restrictions on traveling are lifted.
Key Questions Answered in This Report:
- How has the global low cost airlines market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global low cost airlines market?
- What are the key regional markets?
- What is the breakup of the market based on the purpose?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the destination?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global low cost airlines market and who are the key players?
- What is the degree of competition in the industry?
For more information about this report visit https://www.researchandmarkets.com/r/xw2dsr
Canada Jetlines
Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) the new, all-Canadian, leisure airline, has received its air operating certificate (AOC) from Transport Canada, granting approval to initiate operations out of its travel hub at Toronto Pearson International Airport (YYZ).
Securing the AOC confirms that Canada Jetlines has all required professional capabilities and adheres to all safety regulations needed for aircraft operations. Canada Jetlines looks forward to its inaugural flight and will be releasing new destinations and updated scheduling shortly.
“The entire team at Canada Jetlines is thrilled to obtain our AOC after meeting all necessary operation standards and passing all inspections,” shared Eddy Doyle, CEO of Canada Jetlines. “We thank Transport Canada and greatly appreciate the tireless effort and diligence they undertake to approve new airlines. We excitedly look forward to our launch date, meeting the increased demand for convenient, leisure travel in Canada and beyond and to provide more options to explore the world.”
Visit Jetlines.com to learn more and book reservations and vacation packages with your preferred travel agent. Follow Canada Jetlines on all social media platforms and follow #CanadaJetlines for the latest news and updates.
Aircraft Electrification Global Market Research
The “Aircraft Electrification Market Research Report by Component, Technology, Platform, System, Application, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.
The Global Aircraft Electrification Market size was estimated at USD 5,738.48 million in 2021, USD 6,606.72 million in 2022, and is projected to grow at a CAGR 15.38% to reach USD 13,542.31 million by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Aircraft Electrification Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
For more information about this report visit https://www.researchandmarkets.com/r/82tqzw