Oliver Wyman | Global news | Aviation

An overview of Oliver Wyman global news:

United Kingdom

Oliver Wyman launches consolidated aviation unit Vector Global management consulting firm Oliver Wyman has combined its aviation business division Cavok with recent acquisition SeaTec Consulting to form a new global unit: Oliver Wyman Vector.
16 April 2024
United States

Oliver Wyman buys SeaTec Consulting Oliver Wyman, a global management consultancy, has agreed to acquire SeaTec Consulting, an Atlanta-based provider of technical consulting to transportation, aerospace, and defense markets.
03 January 2024
United States

Southwest Airlines hires Oliver Wyman after December operational meltdown Southwest Airlines has hired consulting firm Oliver Wyman to perform a review of the company after a December operational failure led to 16,000 cancellations and left customers stranded across the co
30 January 2023
United Kingdom

UK business travel remains low amid pandemic Following the lifting of many restrictions on movement, many global businesses are travelling more than they expected during the pandemic.
15 September 2021
Australia

Global study suggests short-term travel bounce-back, but not in ANZ Oliver Wyman has surveyed people from a number of leading economies on their readiness to travel, with Australians toward the bottom of the list.
05 September 2021
United States

Oliver Wyman forecasts full recovery for domestic air travel by early 2022 US domestic air travel is expected to make a full recovery by early 2022, according to a recent report from consulting firm Oliver Wyman.
12 April 2021
Europe

Number of commercial airplanes to reach 40,000 by 2030 Despite a range of anticipated challenges up ahead, the global fleet of commercial aircraft is expected to grow at a compound annual growth rate (CAGR) of more than 3% over the next decade.
08 February 2021
United States

Covid-19 sets back fleet & MRO forecasts for the whole decade Ten-year forecasts for the global aviations sector are much dimmer this year than they were in January 2020.
01 February 2021
Europe

International travel to come back strong after Covid-19 Travelling is back on the cards for a growing share of consumers, although most would do so for pleasure rather than business.
04 December 2020
Italy

Oliver Wyman leading the business plan for new Alitalia State-run airline carrier Italia Trasporto Aereo (ITA) is now operational, although most will be more familiar with its previous avatar – Alitalia.
27 November 2020
Mexico

Oliver Wyman advises on Aimia and Aeromexico agreement Holding company Aimia has agreed a deal with Mexico’s largest airline Aeromexico to arrange a $50 million loan from loyalty programme operator PLM, in which both entities have an equal stake.
24 July 2020
Europe

Europeans excited to travel internationally after lockdown eases When the Covid-19 lockdown finally ends, many Europeans are cautiously preparing to make the most of their returning right to travel.
02 June 2020
United States

Global airplane fleet to grow to 39,000 by 2030 The global plane fleet is expected to grow by 3.4% compound annual growth rate (CAGR) to reach 39,000 aircraft, according to consulting firm Oliver Wyman’s annual Global Fleet & MRO Forecast.
18 February 2020
Australia

Air New Zealand flies in Oliver Wyman for cost cutting review Embattled Air New Zealand is working on a large cost-cutting exercise, aimed at carving-out savings of 5% from its operational cost base.
06 August 2019
Netherlands

Oliver Wyman expands Aviation practice in the Netherlands Oliver Wyman has bolstered its aviation practice in the Netherlands. Industry expert Evert Meyer has been hired to lead the expansion drive.
31 July 2019
United States

US airlines facing fuel and people pressure Profit for US commercial airlines has been bumpy in recent years.
03 June 2019
United Kingdom

Aviation change could drastically reduce CO2 levels of industry Growth in the aviation industry is set to continue at pace, with demand from developing countries spiking, leading to the world’s fleet of planes expanding by thousands in the process.
29 April 2019
United States

Global commercial airplane fleet to see sharp rise as demand booms Low fuel saw commercial airlines enjoy a year of relatively solid returns in 2017, but increasing fuel prices, prolonged use of older aircraft, and higher labor costs again saw airline profits fa
16 April 2019
Europe

Eastern European countries lead growth in Europe’s aviation industry The global commercial aviation fleet capacity is projected to see strong growth in the coming decades, on the back of rising demand in Asia and the fast-growth region of Eastern Europe.
25 May 2018
United Kingdom

MRO market to grow 4% annually to $115 billion by 2028 The global aviation fleet is set to see solid growth, up 4.2% annually to 2028, when a total of more than 32,000 plans will be operational.
19 March 2018
Asia

Global travel set to spike on back of growing Asian demand The commercial aviation industry is set to enjoy a period of solid growth on the back of growing demand from almost all quarters of the globe.
13 February 2018
United Kingdom

Oliver Wyman subsidiary Cavok acquires UK based aviation firm In a bid to expand its technical aviation expertise in Europe, Oliver Wyman has completed the acquisition of AVISA for an undisclosed fee.
27 October 2017
United Kingdom

Rise of lean, digitally sophisticated planes sees 747's days numbered Huge improvements to airline technology could soon see fleets expand by over 20,000, while the number of passengers by the end of 2017 could increase by 10,000, according to a new report.
07 July 2017
United Kingdom

Global MRO industry to face staff shortages as aviation fleets grow The global Maintenance, Repair and Operations (MRO) sector faces a combination of increased demand and a waning supply of personnel, according to new research from consulting group Oliver Wyman.
22 May 2017
United Kingdom

Global commercial aviation to add more than 10,000 planes by 2027 The global air transport fleet is set to undergo considerable upgrades and growth as new deliveries outpace retirements.
04 May 2017
United Kingdom

Aircraft big data entering the skies of next-generation maintenance As a new fleet of modern commercial airliners takes wing, so does a new breed of maintaining them.
04 May 2016
United States

US leads ranking of world’s top 20 busiest airports Hartsfield-Jackson is the busiest airport on the planet, helping establish the US as the primary national player in a lucrative global industry.
21 April 2016
United Kingdom

US airline industry books highest margins in 15 years The US airline industry has, for the first time in almost 15 years, seen margins above 10%.
28 January 2016
United Kingdom

Airplane MRO market EU up third in coming decade The aviation MRO market in Europe will grow by about a third between 2015 and 2025, a recent report from Cavok finds. Although the total fleet size is expected to increase at an annual rate of 2.
20 October 2015
United Kingdom

Aviation industry needs 1 million recruits in 20 years Between now and 2034 around 560,000 pilots and 610,000 technicians will be needed worldwide in the aviation sector, according to industry projections from aircraft manufacturer Boeing.
21 September 2015
United Kingdom

Commercial airlines adding more seats to airplanes Commercial carriers are increasing their average fleet capacity, with high fuel prices making larger plans more attractive – as a consequence the number of small size seat model planes has dropped as
18 August 2015
United Kingdom

Global MRO industry needs to change tech trajectory The MRO market is set to grow around $35 billion in the coming decade. However, as it grows, new technologies will transform revenue streams in the background, a recent report from Oliver Wyman finds. These changes will be in, among others, predict
25 June 2015

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