lISI
AEROSPACE
AMARKETDRIVEN
by commercial aircraft
48
LISI 2013
T
he international aerospacemarket has this year been very
buoyant. Passenger air traffic, led by strong demand inAsia
and theMiddleEast, increased4.5% in 2013, representing an
average growth rate of 5.4% since 2013 (source: IATA). The
entire sector has benefitted from dynamism of commercial
aircraft,whoseorder levelshavebeenextraordinary.
Solidorderbooks
The development of high performance aircraft, made necessary by
double pressure, both economic and environmental, has allowed
Airbus andBoeing tobuildup solidorder books. About 10,600planes
are potentially deliverable over the coming 8 years. The first series of
successful flights by the twoworld leaderswith theA350-800 and the
B787-9,aswellasBombardierwith itsCSeries,areveryencouragingsigns
forthefuture.There isalsothearrivalofnewRussianandChineseplayers,
who are already positioning themselves as leading futureoperators in
thewesternmarkets.
Theworldaerospacesector remained
strong in2013.Continuationof themajor
programs launchedby theengineandaircraft
manufacturers to improveenergyperformance
of theaircrafthasbeenoneof the factors in
sustainedgrowth.
