8.3: The market of aircraft for commercial air transportation
- Page ID
- 77979
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As it has been exposed in the two previous sections, ICAO and IATA are the two fundamental international organizations that provide a juridic framework to all stakeholders in order them to carry out the air transportation business under reliable, safe, and efficient standards. Intuitively, one can think straightforward that one of the key elements of air transportation are aircraft. Therefore, we move on to analyze the market of aircraft for commercial air transportation. We will analyze the main manufactures, the fundamental aircraft, its prices, and future trends in the industry.