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The Land of Silk and Money

With 1.375 billion people, China is the most populous country on earth, 5 times larger than the USA. Its economy, which has been growing at an average of 13% per annum over the past 20 years, now ranks #2 globally, trailing the US by 40% but closing rapidly and expected to reduce the gap to 20% within 5 years. However, whilst per capita GDP has increased from $1,000 to $8,000 since 2001, the gulf between the richest millions and the poorest hundreds of millions of citizens remains wide, resulting in a borderline GINI coefficient of 0.461. Within the wide-ranging strata of wealth and society, the ranks of the middle classes, a core element of growth for the air travel market, are increasing at a prodigious rate and now number 109 million, according to Credit Suisse, which is still less than 10% of the total population.

Spotlight

Horizon Air

Horizon Air is a regional airlines and part of the Alaska Air Group. As the regional carrier of Alaska Airlines, Horizon employs more than 3,500 people and maintains an operational fleet of 52 Bombardier Q400 aircraft, with an additional 33 Embraer E175 aircraft expected to be delivered in March 2017.

OTHER WHITEPAPERS

PERFORMANCE ANALYSIS OF EVOLUTIONARY HYDROGEN-POWERED AIRCRAFT

whitePaper | January 26, 2022

Aviation is a hard-to-decarbonize sector of the transport industry due to the stringent mass and volume requirements for aviation fuel. The high energy content of liquid jet fuel, both per unit mass (specific energy) and per unit volume (energy density), makes it difficult to replace. Significant emphasis has been placed on drop-in Sustainable Aviation Fuels (SAFs) to reduce emissions without sacrificing aircraft performance. But SAFs emit carbon dioxide (CO2) when combusted (carbon capture during production reduces life-cycle emissions) and their uptake has fallen short of expectations due to their high cost, limited supply, and concerns about the land-use impacts of biofuels.

INDONESIA’S AVIATION MARKET: Emerging stronger in a post-COVID world

whitePaper | June 9, 2022

This paper is a follow up to the recent white paper that we published in December 2021 – “Indonesia’s Aviation Market: Emerging stronger in a post-COVID world.” With travel restrictions having now eased, it is an ideal time to take a fresh look at the opportunities and challenges for the Indonesian aviation industry to transform and grow

Aviation digital transformation

whitePaper | January 6, 2022

The aviation sector is coming out from an unprecedented period of seismic change. Airlines have faced the challenges of near total shutdown of international travel, new working guidelines, and recovery false starts across all regions.

South of the Clouds

whitePaper | March 23, 2023

The economic, environmental, health, societal and safety benefits associated with the application of drone technologies are starting to be experienced in the UK, but the full potential of their use is yet to be realised. Flying uncrewed aircraft - ‘drones’ - beyond the visual line of sight (BVLOS) of their pilots, creates advantage in numerous applications including health care delivery, search and rescue, connection of remote communities, Infrastructure inspection, removal of people from safety risk in industrial settings, and environmental monitoring.

Multimodal Hydrogen Airport Hub

whitePaper | March 29, 2023

This whitepaper, “Multimodal Hydrogen Airport Hub,” is a direct output of the H2-Aero Team, kicked off at the first H2-Aero Symposium & Workshop. It was originally published in December 2022 and updated in March 2023.

Thrust through trust

whitePaper | December 15, 2022

The COVID-19 outbreak in 2020 was the most significant disruption ever encountered by the aerospace industry. Nations locked down, flights were cancelled and aircraft were parked and stored. The exceptional scope and speed of the pandemic affected each industry segment: airline, MRO, OEM, vendor and lessor.

The Land of Silk and Money