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IPE- MAS vs SIA in market competative

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IPE- MAS vs SIA in market competative
1.0 WORLD AIRLINES BASED MARKET 1.1 The size and volume of world aviation based market Aviation is the design, development, production, operation, and use of aircraft, especially heavier than air craft. General aviation includes all non-schedule civil flying, both private and commercial. General aviation may include business flights, air charter, private aviation, light training, ballooning, parachuting, gliding, hang gliding, aerial photography, food launched powered hang gliders, air ambulance, crop dusting, charter flights, traffic reporting, police air patrols and forest fire fighting. Each country regulates aviation differently, but general aviation usually falls under different regulations depending on whether it is private or commercial and on the type of equipment involved. Many small aircraft manufacturers serve the general aviation market with a focus on private aviation and flight training. The most recent developments for small aircraft which is form the bulk of the GA fleet have been the introduction of advanced avionics that were formerly found only in large airlines, and the introduction of composite materials to make small aircraft lighter and faster. Ultralight and homebuilt aircraft have also become increasingly popular for recreational use, since in most countries that allow private aviation, they are much less expensive and less heavily regulated than certified aircraft. However, the aviation industry saw global air traffic return to peak levels in 2010, though demand has since softened slightly, along with some softening in the European and US economies. Utilization rates continued to improve across both single and dual-aisle aircraft. The strong fundamentals, made up of continued global economic growth, firm demand for air travel, and good aircraft utilization rates, are driving high demand for aircraft. We can see the latest trends in the world aviation this day :
• The rapid growth of emerging markets, where economies and

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