The “Global Commercial Aircraft Market – 2018-2036 – Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities, Market Outlook” report has been added to ResearchAndMarkets.com’s offering.
Airlines profitability has been on the rising path over recent years reaching $34.5 billion in 2017 and projected to grow further to $38.4 billion in 2018, thus, enabling the airlines to pursue fleet replacements at shorter intervals, in turn, driving demand for new aircrafts for the OEMs.
The Global Commercial Aircraft market is in its longest Super Cycle ever, starting in 2003 and still going strong propelled by multiple, favourable macroeconomic factors. The OEMs have been focused strongly on ramping up aircraft production rates to meet delivery schedules and to reap the rich harvest of a healthy and robust order backlog spearheaded by the narrow body aircraft segment. The aircraft deliveries by the industry in 2018 are likely to reach a record high with all OEMs boosting production rate.
The market landscape in the Global Commercial Aircraft market is on the verge of a tectonic shift with the Airbus’ joint ownership of the C-Series program along with Bombardier which provides a significant and much needed boost to the beleaguered C-Series program given Airbus’ strong global sales & marketing network while adding a scratch-up, great performing 21st century aircraft to Airbus’ portfolio without having to invest anything outright. The Airbus-Bombardier deal stacks the odds against Boeing in the battle between giants in the global commercial aircraft market. Boeing’s plans for a combination deal with Embraer, as a countermove, is likely to shake-up things further more.
Read more: Global Commercial Aircraft Market 2018-2036