LISI 2012
49
-What are the main characteristics of the global
aerospace industry?
The high degree of technology and uncompromising
quality are constant in aircraft programs with the ever
growing lifespan (up to more than 50 years). Shorter
lead time for design and increasing production rates
are also the main characteristics of the global aeros-
pace industry nowadays. In 2013, 1,200 aircrafts with
more than 100 seats will be built using sophisticated
production means. These aircrafts will fly reliably for
the next 25 years of their life. Finally, strong and per-
sistent economic and environmental imperatives are
driving developments that lead to increased fuel effi-
ciencies in aircraft. The new generation of single-aisle
aircrafts, for example, is expected to provide a 15%
reduction in fuel consumption.
- Do you observe any change in the size, offering
and performance of the principal aeronautical
equipment manufacturers?What is the position of
LISI AEROSPACE?
Changes in size, offering and performance of the
principal aerospace equipment manufacturer started
several years ago and are continuing. These changes
are driven by the need for improved business efficien-
cies in an environment where products are growing in
complexity and where R&D expenses require exten-
sive resources. These changes are also driven by the
large clients who wish to do business with a reduced
number of suppliers / partners which can comply
with their financial and production readiness risk as-
sessment.
LISI AEROSPACE has in that regards be a trend maker
extending its size and offering by recently getting into
the structural component business. LISI AEROSPACE is
again confirming its intent to position itself amongst
the leading equipment manufacturers to service the
global aerospace industry.
-Where do you see the aerospace industry in the next
4 - 5 years?
The demand for new aircraft remains at a high level
because of the development of air transport in Asia,
Latin America and the Middle East. Also, the price of
oil which remains very high is forcing airline com-
panies to replace their older aircrafts with modern
planes which offer better fuel efficiencies.
The growth of the market is likely to stabilize at an
annual average rate of 4% to 5% over the few coming
years. It should be noted that the cyclical nature of
the market, very strong in the past, has been largely
diminished for two main reasons. One reason is that
the aircraft manufacturers have been managing their
production rates to attenuate the disruptive peaks
and lows. The second reason is that the market has
become truly worldwide with the increase of airline
fleets in the emerging economies.
questions asked to
Eric Chadeyras
analyst at Natixis
EXPERT’S
VIEW
© Boeing
© Airbus
