Global flight navigation market to hit $29.2 billion in six years

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 69%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The Nation Newspaper Global flight navigation market to hit $29.2 billion in six years

The global flight navigation systems market covering airports and advisory air traffic services to aircraft is projected to grow from $18.38 billion to $29.15 billion in the next six years.

NATCA President, Abayomi Agoro, in an interview, also expressed concerns about the future of the industry as a result of the new and emerging technologies in the sector. Besides, Agoro lamented the dearth of requisite technical manpower and inadequate human capital development in the Nigerian Airspace Management Agency , maintaining that the type of manpower recruited into the agency are at variance with the real need or the agency as an Air Navigation Service Provider .

An increase in the demand for technologically advanced aircraft by these budget-friendly air carrier services has resulted in a growth in demand for Flight Navigation Systems.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

Australia Australia Latest News, Australia Australia Headlines