Government Support to Indian Aviation Industry Amidst COVID-19 Pandemic
Published: Oct 2020
The Indian aviation industry will see a considerable growth of 4.5% during the forecast period. The recent rise in the COVID-19 cases in India has caused significant turbulence in the Indian aviation industry growth. Furthermore, airline companies are suffering significant losses owing to the pandemic. The COVID-19 pandemic lockdowns have made airline companies fleets grounded.
Huge Loss to Domestic Market Players Amidst the COVID-19 Pandemic will Hamper the Germany Aviation Industry
Published: Oct 2020
The Germany aviation industry will see a considerable growth of 2.6% during the forecast period. Germany has the largest number of flight movements and the second largest number of passenger traffic in 2019, as per ICAO. The air connectivity in Germany grew by nearly 30.0% between 2013-2018, as per IATA. The contribution of the aviation industry to the German economy is significant. The industry supports around 1.1 million jobs and contributes around $85.7 billion to the economy, accounting for roughly 2.5% of Germany's GDP.
Aircraft Manufacturing Hampered the France Aviation Industry Amidst the COVID-19 Pandemic
Published: Oct 2020
France aviation industry will see a considerable growth of 1.7% during the forecast period. With the increase in the number of cases, the number of departures decreased in the country in the past few months. Though, a seamless growth can be seen in the number of departures from June 2020. Moreover, government support and high air traffic in France will expedite the recovery of the aviation industry post the lockdown.
Considerable Impact of the COVID-19 Pandemic on the European Aviation Industry Amidst
Published: Oct 2020
The European aviation industry will see a considerable growth of 2.6% during the forecast period. Europe, particularly Western Europe, is one of the most developed regions across the globe for air transport activity. However, several emerging economies in the east are contributing to the overall growth in Europe, with employment in the European aviation industry expected to grow 2% per annum to 2034, as per Aviation Benefits.
Speedy Relaxation in Domestic Travel will Support China Aviation Industry Amidst the COVID-19 pandemic
Published: Oct 2020
China aviation industry will see a considerable growth of 3.9% during the forecast period. The advancements in the aviation infrastructure of the country had also contributed significantly to the growth of China’s aviation industry. For instance, in September 2019, China started the commercial operation of its Daxing International Airport which is considered as the largest airport terminal across the globe.
The Impact of the COVID-19 Pandemic will be Highest in the Asia-Pacific Aviation Industry
Published: Oct 2020
The Asia-Pacific aviation industry will see a growth rate of 3.7% during the forecast period. The Asia-Pacific aviation market was growing significantly before the COVID-19 pandemic owing to the cost reduction in oil barrels, growing new entrants, and increasing air passengers in major economies in the region including China, India, and ASEAN countries. The Asia-Pacific aviation industry has been severely hit by the COVID-19 pandemic.
The Rising Wealth of the Country will Significantly Aid the Growth of the Middle East Fast Food and Quick Service Restaurants Market
Published: Oct 2020
Middle East's fast food and quick service restaurants market is anticipated to grow with a significant CAGR of 6.7% during the forecast period (2020-2026). The growth of the market is majorly driven by the changing consumer preferences coupled with the growing number of working populations. Additionally, the increasing western culture influence on the young and millennials population across the region is also driving the adoption of fast food.
Changing Consumer Preference is Aiding the Growth of the Latin America Fast Food and Quick Service Restaurants Market
Published: Oct 2020
Latin America's fast food and quick service restaurants market is anticipated to grow with a significant CAGR of 6.9% during the forecast period (2020-2026). The growth of the market across the region can be attributed to the rapid changes in the diet of the people such as increased away?from?home eating and snacking habits.
Emerging Local Fast-Food Chains will Foster the Growth of the ASEAN Fast Food and Quick Service Restaurants Market
Published: Oct 2020
The ASEAN fast food and quick service restaurants market is anticipated to grow with a significant CAGR of 7.2% during the forecast period (2020-2026). The emerging domestic fast-food chains are a major factor propelling the growth of the ASEAN Fast food and quick service restaurants market. Several domestic chains including PT Baba Rafi Enterprise, Jollibee Foods Corp., among others in countries such as Vietnam, Thailand, and Indonesia have more than 1,000 stores and are stepping up efforts to operate successfully in ASEAN countries.
The Effective Use of Technology is Providing Growth of the US Fast Food and Quick Service Restaurants Market
Published: Oct 2020
US fast food and quick service restaurants market is expected to grow with a considerable CAGR of 4.7% during the forecast period (2020-2026). The US-based fast food and quick service restaurants have footprints all across the globe. For instance, Subway has the highest number of location accounting for more than 41,500 locations, similarly McDonald’s Corp. also operates in approximately 38,500 location across the globe.