As travel begins to open up again, after more than a year of lockdown restrictions, airplane manufacturing companies will need to satisfy a huge pent-up demand for travel.
Overseas travel will no doubt be on peoples’ priority lists, with a focus on far-flung destinations rather than local vacations, according to leading travel magazine, Conde Nast Traveller.
To meet surging demand, airplane manufacturing companies and suppliers will need to produce more lightweight airplane parts, quickly.
They can do this by implementing lean operating models that can deliver mass production solutions, moving from manual systems to automation, and partnering with trusted aerospace suppliers.
How is the market for aerospace innovation developing?
These are unprecedented times for the travel industry.
The Covid-19 pandemic has brought about a change in travel patterns that will impact new airplane innovation and airplane designs.
Recently, there has been an accelerated shift towards point-to-point travel. It is more profitable for airlines to send passengers directly to their desired, mid-size destination on a greener lightweight airplane rather than send 800 passengers through major hubs on a gas-guzzling jumbo-jet.
How will emerging flight and travel patterns impact new aircraft development?
When it comes to airplane innovation, the Covid-19 pandemic has fast-tracked some of the industry’s key megatrends, including pushing fuel-inefficient airplane models, such as the Boeing 747, into early retirement.
The Airbus A380 looks set to follow, with the Cirium Airline Insights Review 2020 reporting that there are just 21 A380s in service, and 219 in storage. In January, Qatar Airways confirmed it would be retiring half of its fleet of 10 Airbus A380s, due concerns over their environmental impact.