Chinese defense expenditure will remain at around 1.2% of GDP, although aspects of wider defense spending are understood to not be included in that official figure.
For more information about Aviation Week Intelligence Network’s (AWIN) 2024 Military Fleet & MRO Forecast and other Aviation Week data products, please see: https://pgs.aviationweek.com/forecast
The AAM Reality Index tracks OEMs across a range of metrics to judge their likelihood of achieving certification, commercial service and scaled production.
In line with Aviation Week’s MRO Middle East event, this week’s Carbon Analysis looks at Middle Eastern carriers Air Arabia Group, flydubai, Flynas, and Saudia.
Since Russia's full-scale invasion of Ukraine, European defense expenditure has increased by 26.7% in real terms, and its defense sector is still catching up.
For more information about Aviation Week Intelligence Network’s (AWIN) 2024 Military Fleet & MRO Forecast 2024 Forecast and other Aviation Week data products, please see: https://pgs.aviationweek.com/forecast
The Leonardo AW139 twin-engine helicopter has a 24% market share in Western Europe followed by a 23% market share in the Asia Pacific, according to Aviation Week's Business Fleet & MRO Forecast.