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.
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 on shorter intervals, in turn, driving demand for new aircrafts from the OEMs. 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 in 2018 with all OEMs boosting production rate.
The 2018 edition of this annual publication provides comprehensive analysis and key insights into the Strategies & Plans being conceptualized & implemented by the World’s 5 leading commercial aircraft manufacturers for the near to medium term horizon as the industry continues on its high growth trajectory. The report is unique with reference to its core focus on and deep qualitative analysis of strategies & plans for the industry OEMs.