Ethiopian Airlines first African customer for highly fuel-efficient 777X passenger jet #EthiopianAirlines #Boeing #aviation #jet #Boeing777Xjets

The global aerospace composites market size is projected to reach USD 29.69 billion by 2026, exhibiting a CAGR of 9.27% during the forecast period. Heavy reliance on carbon fiber composites for manufacturing aircraft components will be the key growth driver for this market, states Fortune Business Insights™ in its report, titled “Aerospace Composites Market Size, Share & Industry Analysis, By Fiber Type (Carbon, Glass, Aramid, and Others), By Aircraft (Commercial Aircrafts, Military Fixed Wings, Business Aircrafts & General Aviation, Jet Engines, Helicopter and others), and Regional Forecast, 2019-2026”. Carbon fiber composites replaced aluminium as the primary material for making airplanes a few decades ago as aluminium was proving economically infeasible for aircraft manufacturers. The switch to carbon fiber was based on the material’s lightweight properties as well as high durability and tensile strength. Moreover, carbon fiber, unlike other metals, is resistant to corrosion and fatigue and therefore, reduces maintenance costs of aircrafts. For example, Boeing utilizes carbon fiber composites in making all parts of its iconic 787 Dreamliner to keep it lightweight and sturdy. Thus, emergence of carbon fiber has augured well for the market for aerospace composites. information Source - https://www.fortunebusinessinsights.com/aerospace-composites-market-102680 As per the report findings, the market value stood at USD 14.66 billion in 2018. The other highlights of the report include: Exhaustive analysis of the market trends and drivers; Careful study of market restraints; Microscopic examination of all possible market segments; and Detailed assessment of the impact of regional dynamics and competitive developments on the market. Market Restraint Issues Surrounding Flammability of Composites to Inhibit Market Growth The aerospace composites market growth is likely to be impeded owing to the grave risks associated with the flammability of certain composite materials used in aircraft manufacturing such as resin. For instance, in 2013, the stationary Ethiopian Airlines 787 at London’s Heathrow airport caught fire when a short circuit was triggered in one of the lithium batteries that were powering an emergency beacon on the plane. Investigation revealed that the composite material resin, which is part of airline fuselage, fed the circuit. As a result, the US Federal Aviation Agency (FAA) tightened its norms for certifying flammability of composite materials used in aircraft to ensure safety of passengers. Tough regulations, therefore, may slow down the growth of this market. Regional Analysis Major Advancements in Aerospace Manufacturing to Boost the Market in North America North America is poised to dominate the aerospace composites market share during the forecast period on account of rapid advancements by the aerospace industry in the region. In 2019, the region led the market with a market size of USD 7.81 billion, with the main reason being the strong presence of some of the largest airline companies in the world such as Boeing and Airbus. In Europe, well-established domestic aviation industry and robust military aircraft manufacturing are expected to propel the market. Asia-Pacific is anticipated to offer promising prospects for market players due to rising demand for commercial low-cost carriers in the region and steadily climbing military expenditures of India and China, with a growing focus on fighter jets. Competitive Landscape Deployment of Position Strengthening Mechanisms by Players to Intensify Competition Key market players are adopting and implementing different strategies to entrench their position in this market. While some companies are acquiring smaller players to expand their global presence, other companies are collaborating with each other to diversify their offerings and widen their market reach. Industry Developments: January 2020: Mitsubishi Chemical Corporation declared its intention of acquiring a carbon fiber Prepreg manufacturer named ‘c-m-p GmbH’ based in Germany. The acquisition will allow Mitsubishi to broaden its global footprint and gain entry into the European market. March 2019: SGL Carbon and Solvay signed a Joint Development Agreement to develop and introduce novel, first-of-their-kind composites made from large-tow intermediate modulus (IM) carbon fiber. The materials are engineered to bring down operational costs and curb carbon emissions in modern commercial aircrafts. List Companies Profiled in the Aerospace Composites Market Report: Unitech Aerospace Mitsubishi Chemical Corporation Teijin Limited Solvay S.A. Owens Corning VX Aerospace Corporation SGL Carbon Toray Advanced Composites Hexcel Corporation LMI Aerospace, Inc.

Ethiopian Airlines begin weekly service between Addis Ababa-Copenhagen #news #EthiopianAirlines #Africa #Copenhagen #AddisAbaba

Ethiopian signs deal with IGAD for products/services #news #EthiopianAirlines #IGAD #LemmaYadecha

Ethiopian Airlines carries 750,000 tonnes of cargo in 2022 #news #latestnews #EthiopianCargo #EthiopianAirlines

Ethiopian adds Xiamen and Shenzhen to its cargo destinations in China #Ethiopian #Xiamen #Shenzhen #freighterflights3B777Freighter #cargoroutes #freighternetwork #cargoflights #cargoshipments #cargonetworkoperator #cargoservices #aircargooperators #bellyholdcapacity #freighterservices

Ethiopian Airlines will provide air transport services for the transportation of commodities over its extensive network. #EthiopianAirlines #aircargo #EthiopianAirlinesGroup #MailAmericas #Africa #LatinAmerica #Europe #MiddleEast #AddisAbaba

Ethiopian partners for eCommerce services between Africa and the Middle East #news #latestnews #EthiopianAirlinesGroup #MailAmericas #MesfinTasew #Africa #LatinAmerica #Europe #MiddleEast #TomasMiguens #AddisAbaba

The Impact of Vegan Food Options in the Restaurant Industry The restaurant industry is constantly evolving, and in recent years, one trend that has been gaining traction is the inclusion of vegan options on menus. As more and more consumers are choosing to adopt a plant-based diet for health, ethical, and environmental reasons, restaurants that offer vegan options are finding that it is a key factor in staying competitive in the industry. The health benefits of a vegan diet are well-documented. Plant-based foods are typically lower in saturated fat and cholesterol, and higher in fiber, vitamins, and minerals. As a result, people who follow a vegan diet are less likely to suffer from chronic diseases such as heart disease, type 2 diabetes, and certain types of cancer. This has led to an increasing number of health-conscious consumers who are looking for vegan options when dining out. In addition to health benefits, many consumers are choosing a vegan diet for ethical and environmental reasons. The production of animal-based products is a leading cause of deforestation, water pollution, and greenhouse gas emissions. By choosing a vegan diet, individuals can reduce their carbon footprint and have a positive impact on the environment. As a result of these factors, more and more consumers are seeking out vegan options when dining out. Restaurants that are able to offer a variety of vegan food options are finding that it is a key factor in staying competitive in the industry. In fact, a recent study found that nearly 60% of consumers are more likely to visit a restaurant that offers vegan options. One way that restaurants are able to offer vegan options is by incorporating plant-based alternatives to animal-based products. For example, instead of using meat in a dish, a restaurant might use plant-based alternatives such as tofu, tempeh, or seitan. These alternatives are not only vegan, but they are also versatile and can be used in a variety of dishes. Another way that restaurants are incorporating vegan options is by offering dishes that are naturally vegan. For example, many ethnic cuisines, such as Indian and Ethiopian, have a wide variety of dishes that are naturally vegan. By highlighting these dishes on the menu, restaurants are able to offer vegan options without having to make significant changes to their menu. Finally, many restaurants are now offering special vegan menu options or even creating separate vegan menus. This allows consumers to easily identify vegan options and make informed choices about what to order. In conclusion, offering vegan options is becoming increasingly important for restaurants looking to stay competitive in the industry. With more and more consumers choosing a vegan diet for health, ethical, and environmental reasons, restaurants that are able to offer a variety of vegan options are finding that it is a key factor in attracting and retaining customers. By incorporating plant-based alternatives, highlighting naturally vegan dishes, and offering special vegan menus, restaurants can easily incorporate vegan options into their menu and earn a competitive edge in the industry.

The turning point for Africa’s air cargo #news #latestnew #SingleAfricanAirTransportMarket #Africanairlines #AfricanUnion #Africa #AfricanCivilAviationCommission #EthiopianAirlinesCargo #KenyaAirwaysCargo