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Refueling Aircraft Market is Booming As Aviation Industry Continues to Touch New Peaks

June 25, 2019 / John Castillo

The aviation industry is currently prospering across the world on the back of radically increasing traveling activities of urban populations, for both business and pleasure, and decreasing cost of air-travel. Consequently, various aspects of the broader aviation industry are gaining traction, including the market for refueling aircraft, which are adequate as a solution to incidences of oil spills due to faulty refueling equipment. In addition to that, fuel economy of aircrafts is invariably low, which makes a strong case for maintain a robust reservoir of fuel for the vendors operating in the aviation industry. According to this business and commerce study, the demand in the global refueling aircraft market will multiply at a notable CAGR of 4.8% during the forecast period of 2017 to 2025. The analysts of the report have evaluated that the opportunities in the refueling aircraft market, worldwide, will provided for a revenue of US$8,146.0 mn in 2015, and have estimated it to swell up t...