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Tax return:

Why Brits still need to pay taxes by 31 January

The HMRC self-assessment tax deadline has been extended but this does not apply to payments due

Pound under pressure as Brexit deal hangs in balance

Yahoo Finance's Oscar Williams-Grut has the latest from London.

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    Dublin, Jan. 27, 2021 (GLOBE NEWSWIRE) -- The "Europe Aircraft Floor Panel Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Aircraft Type, Material Type, Sales Channel, and End User" report has been added to ResearchAndMarkets.com's offering. The Europe aircraft floor panel market is expected to grow from US$ 186.63 million in 2019 to US$ 325.57 million by 2027; it is estimated to grow at a CAGR of 9.7% from 2020 to 2027. Highlighting aircraft orders and delivery volumes are expected to boost the growth of the Europe aircraft floor panel market. The Europe aviation industry is undergoing expansion at a rapid pace, recording significant production volumes and deliveries of aircraft (commercial and military) fleet. Specifically, the commercial aviation industry has witnessed tremendous growth in the past few years with the emergence of new low cost carriers and fleet expansion strategies adopted by the full service carriers. Further, commercial aviation is foreseen to surge in the coming years owing to the mounting number of air travel passengers and aircraft procurement. This surge in aircraft production is boosting the demand for aircraft floor panels across Europe. Owing to continuously rising production volumes to bridge the gap between demand and supply of aircraft, the OEMs are increasingly procuring large volumes of aircraft floor panels. In the current scenario, the demand for both wide body and narrow body aircraft fleet is high. However, the inclination toward long-range, narrow body type is increasing as the majority of commercial aviation companies across Europe are focusing on increasing fleet size along with lowering operational costs. Rise in aircraft production due to surge in number of passengers is expected to increase the demand for floor panels, thereby driving the Europe aircraft floor panel market.Europe, especially the UK, is highly affected due to the COVID-19 outbreak. The European aviation industry is composed of aircraft OEMs, component suppliers, airlines, and MRO service providers. The COVID-19 outbreak has affected each aviation business stakeholder's business in the region. Several airlines in the region have postponed the pending aircraft fleet's procurement dates to manage their current operational costs during COVID-19 times and post-COVID-19 times. This has led the aircraft OEMs and component suppliers to suffer economic loss. This factor has had a negative result on the European aircraft floor panel market players. From the commercial aviation perspective and MRO perspective, several airlines have grounded a notable number of fleets with an aim to drive their business with the remaining fleet as the passenger count has drastically reduced across the region. Apart from this factor, the ban on air travel had forced the airlines and corporate jets to temporarily cease their operations, thereby lowering the MRO shop visits, resulting in the procurement of lesser volumes of aircraft floor panels and other components MRO facilities. This parameter also affected the aircraft floor panels market.Based on material type, the nomex honeycomb segment led the Europe aircraft floor panel market in 2019. Presently, nomex honeycomb floor materials is one of the most common materials used in aircraft structures with good electrical insulating properties. It possesses outstanding high impact strength and performs excellently on the food cart roller test in the aircraft. Rise in demand for light-weight, tough, and corrosion and heat resistant products boosts the use of reliable components made from nomex honeycomb in aerospace & defense applications. The properties of this material result in low maintenance costs and emissions as compared to other traditional materials that are used for manufacturing aircraft. The Gill Corporation provides robust, corrosion resistant, and light-weight Gillcore HK, Gillcore HA, and Gillcore HD Nomex honeycomb products. Their products are used for floor panels for the under-seat areas of the passenger compartment in Airbus aircraft, such as A318, A319, A320, A321, A330, and A340. Benefits of nomex honeycomb, such as light-weight, toughness, and corrosion resistance, are likely to boost the demand for nomex honeycomb material during the forecast period, thereby driving the Europe aircraft floor panel market.Reasons to Buy Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe aircraft floor panel market.Highlights key business priorities in order to assist companies to realign their business strategiesThe key findings and recommendations highlight crucial progressive industry trends in the Europe aircraft floor panel market, thereby allowing players across the value chain to develop effective long-term strategiesDevelop/modify business expansion plans by using substantial growth offering developed and emerging marketsScrutinize in-depth Europe market trends and outlook coupled with the factors driving the aircraft floor panel market, as well as those hindering itEnhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution Key Topics Covered: 1. Introduction1.1 Study Scope1.2 Research Report Guidance1.3 Market Segmentation2. Key Takeaways3. Research Methodology3.1 Coverage3.2 Secondary Research3.3 Primary Research4. Europe Aircraft Floor Panel Market Landscape4.1 Market Overview4.2 Porter's Five Forces Analysis4.2.1 Bargaining Power of Buyers4.2.2 Bargaining Power of Suppliers4.2.3 Threat to New Entrants4.2.4 Threat to Substitutes4.3 Ecosystem Analysis5. Europe Aircraft Floor Panel Market - Key Market Dynamics5.1 Market Drivers5.1.1 Highlighting Aircraft Orders and Delivery Volumes5.1.2 Rising Emphasis on Use of Lightweight Materials5.2 Market Restraint5.2.1 Boeing's Issue from B737 Max and Stoppage of A380 Program5.3 Market Opportunities5.3.1 Increase in Adoption of Wide-Body Jets and Business Jets5.4 Trend5.4.1 Growth in the Demand for Air Freighter Fleet5.5 Impact Analysis of Drivers and Restraints6. Aircraft Floor Panel Market - Europe Analysis6.1 Overview6.2 Europe Aircraft Floor Panel Market - Revenue and Forecast to 2027 (US$ million)6.3 Market Positioning - Market Players Ranking7. Europe Aircraft Floor Panel Market Analysis - By Aircraft Type7.1 Overview7.1.1 Europe Aircraft Floor Panel Market Breakdown, by Aircraft Type, 2019 & 20277.2 Wide body Aircraft7.2.1 Overview7.2.2 Wide body Aircraft Market Revenue and Forecast to 2027 (US$ Million)7.3 Narrow body Aircraft7.3.1 Overview7.3.2 Narrow body Aircrafts Market Revenue and Forecast to 2027 (US$ Million)7.4 General Aviation7.4.1 Overview7.4.2 General Aviation Market Revenue and Forecast to 2027 (US$ Million)8. Europe Aircraft Floor Panel Market Analysis - By Material Type8.1 Overview8.2 Europe Aircraft Floor Panel Market Breakdown, by Material Type, 2019 & 20278.3 Aluminum Honeycomb8.3.1 Overview8.3.2 Aluminum Honeycomb Market Revenue and Forecast to 2027 (US$ Million)8.4 Nomex Honeycomb8.4.1 Overview8.4.2 Nomex Honeycomb Market Revenue and Forecast to 2027 (US$ Million)9. Europe Aircraft Floor Panel Market Analysis - By Sales Channel9.1 Overview9.2 Europe Aircraft floor panel Market Breakdown, by Sales Channel, 2019 & 20279.3 OEM9.3.1 Overview9.3.2 OEM Market Revenue and Forecast to 2027 (US$ Million)9.4 Aftermarket9.4.1 Overview9.4.2 Aftermarket Market Revenue and Forecast to 2027 (US$ Million)10. Europe Aircraft Floor Panel Market Analysis - By End User10.1 Overview10.2 Europe Aircraft floor panel Market Breakdown, by End User, 2019 & 202710.3 Commercial10.3.1 Overview10.3.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)10.4 Military10.4.1 Overview10.4.2 Military Market Revenue and Forecast to 2027 (US$ Million)11. Europe Aircraft Floor Panel Market - Country Analysis11.1 Overview11.1.1 Europe: Aircraft Floor Panel Market, By Country11.1.1.1 Germany: Aircraft Floor Panel Market - Revenue and Forecast to 2027 (US$ Million)11.1.1.2 France: Aircraft Floor Panel Market - Revenue and Forecast to 2027 (US$ Million)11.1.1.3 Italy: Aircraft Floor Panel Market - Revenue and Forecast to 2027 (US$ Million)11.1.1.4 UK: Aircraft Floor Panel Market - Revenue and Forecast to 2027 (US$ Million)11.1.1.6 Rest of Europe: Aircraft Floor Panel Market - Revenue and Forecast to 2027 (US$ Million)12. Impact of COVID-19 Outbreak12.1 Europe: Impact Assessment of COVID-19 Pandemic13. Industry Landscape13.1 Overview13.2 Market Initiative14. Company Profiles14.1 Aeropair Ltd14.1.1 Key Facts14.1.2 Business Description14.1.3 Products and Services14.1.4 Financial Overview14.1.5 SWOT Analysis14.1.6 Key Developments14.2 Avcorp Industries Inc.14.2.1 Key Facts14.2.2 Business Description14.2.3 Products and Services14.2.4 Financial Overview14.2.5 SWOT Analysis14.2.6 Key Developments14.3 Collins Aerospace, a Raytheon Technologies Corporation company14.3.1 Key Facts14.3.2 Business Description14.3.3 Products and Services14.3.4 Financial Overview14.3.5 SWOT Analysis14.3.6 Key Developments14.4 Aim Altitude UK Ltd.14.4.1 Key Facts14.4.2 Business Description14.4.3 Products and Services14.4.4 Financial Overview14.4.5 SWOT Analysis14.4.6 Key Developments14.5 Euro Composite S.A.14.5.1 Key Facts14.5.2 Business Description14.5.3 Products and Services14.5.4 Financial Overview14.5.5 SWOT Analysis14.5.6 Key Developments14.6 Safran S.A14.6.1 Key Facts14.6.2 Business Description14.6.3 Products and Services14.6.4 Financial Overview14.6.5 SWOT Analysis14.6.6 Key Developments14.7 The Gill Corporation14.7.1 Key Facts14.7.2 Business Description14.7.3 Products and Services14.7.4 Financial Overview14.7.5 SWOT Analysis14.7.6 Key Developments14.8 The Nordam Group LLC14.8.1 Key Facts14.8.2 Business Description14.8.3 Products and Services14.8.4 Financial Overview14.8.5 SWOT Analysis14.8.6 Key Developments14.9 Singapore Technologies Engineering Ltd14.9.1 Key Facts14.9.2 Business Description14.9.3 Products and Services14.9.4 Financial Overview14.9.5 SWOT Analysis14.9.6 Key Developments15. Appendix15.1 About the Publisher15.2 Word Index For more information about this report visit https://www.researchandmarkets.com/r/8q6vn0 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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