CTC research reveals anticipated growth in aviation sector

CTC Aviation has announced plans for global expansion based on research that reveals anticipated growth in the aviation sector.

The organisation said that out of the 916 senior airline personnel, pilots and other aviation professionals it polled earlier this year, 90.9% expect an increase in air passengers over the next five years.

CTC’s chief executive Rob Clarke said: “We are seeing growth in all of our markets, but the emerging ones perhaps offer the most exciting opportunities. The region with the highest number of aircraft on order is Asia, and in total it accounts for some 40% of the world’s demand for new aircraft. The number of new aircraft to be delivered to Asia equates to around 56% of its current fleet size.”