Aviation is a global growth market. According to Research and Markets, the world’s leading source for international market research reports and market data, it is forecast to grow by an annual average of 3.7% until 2020. Increasing demand from emerging economies, continuous demand for new low-cost carriers, deregulation and a rising middle class are factors driving growth, particularly in markets such as Asia and the Middle East. This is good news not only for airlines, airports and aircraft manufacturers. It is also spurring business for specialized insurers such as La Réunion Aérienne. The consortium of three leading insurance groups provides insurance coverage tailored to the needs of the aviation and aerospace industry, covering everything from the building of new planes to their safe operation on the ground and in the air.
Webcode:
To read an article from the print magazine online, please enter the web code below, which can be found in the magazine under the article.
