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

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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.

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