NEW YORK, May 3, 2012 /PRNewswire/ -- Aviation Week today announced expanded capabilities around its fleet database and maintenance, repair and overhaul (MRO) forecasts, following a strategic investment that extends Aviation Week's portfolio of data and analytics deeper into defense, business aviation and civil aftermarkets. The expansion nearly doubles the size of Aviation Week's team of researchers and analysts.
With commercial fleets around the world expected to double by 2030 and global defense spending flattening, the aftermarket for every sector is growing rapidly with increased demand for MRO services to support aircraft operations and lifecycle. These additions will allow Aviation Week to more deeply serve the data and analysis needs of the global MRO community, in addition to strengthening the group's current leadership position in the civil MRO market by becoming more essential to business development and enterprise customers.
"These expanded capabilities boost the value and actionable insight of the Aviation Week Intelligence Network (AWIN) and MRO Prospector at a time when the civil market is experiencing rapid global growth driven by demand from the Asia-Pacific and BRIC countries," said Greg Hamilton, President, Aviation Week. "Our digital strategy is sharply focused on ways we can better serve the aerospace and defense community across multiple markets and directly contribute to the growth goals of our customers."
With these expanded fleet data gathering and analytics capabilities, customers will see product enhancements and new, higher-value services in the near future, as well as several new forecasting reports targeting Commercial, Business aviation, helicopters and Military aviation.
As the largest information and media company serving the global aviation, aerospace and defense (A&D) market for nearly 100 years, Aviation Week provides a winning combination of forward-looking and near-term insights and analysis. With a leading portfolio that includes events and publications, as well as premium digital content tools like AWIN and MRO Prospector, Aviation Week is continually evolving its products and services to meet the complex and changing business demands of the A&D marketplace.
The subscription-based Aviation Week Intelligence Network (AWIN) offers an extensive platform of news and analysis integrated with crucial A&D databases including a fleet database with 130,000 commercial, military and business aviation aircraft, a contact database of more than 100,000 people at 20,000 industry organizations, a top-program database, daily market briefings and customizable news alerts. MRO Prospector provides market forecasts, scheduled maintenance opportunities, operator-maintenance provider contract details, additional fleet details including age, hours, cycles and lease status. These business intelligence tools are essential to executives, managers, government and military officials, engineers, and business development professionals worldwide.
About Aviation Week:
Aviation Week, part of The McGraw-Hill Companies, is the largest multimedia information and services provider to the global aviation, aerospace and defense industries, and includes http://AviationWeek.com, Aviation Week & Space Technology, Defense Technology International, Business & Commercial Aviation, Overhaul & Maintenance, ShowNews, Aviation Daily, Aerospace Daily & Defense Report, The Weekly of Business Aviation, Aviation Week Intelligence Network and MRO Links. The group also produces major events around the world.
About The McGraw-Hill Companies:
McGraw-Hill (NYSE: MHP) announced on September 12, 2011, its intention to separate into two public companies: McGraw-Hill Financial, a provider of content and analytics to global financial markets, and McGraw-Hill Education, an education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Indices, Platts energy information services, Aviation Week, and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://mcgraw-hill.com.
SOURCE Aviation Week