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LISI 2015
Questions to
How do you look at 2015?
_ 2015 was marked by the appreciation of
the dollar, the decline in the price of oil, the
rise in terrorism and the Chinese economic
slowdown. Despite this volatile environment,
passenger traffic, like freight traffic, has
remained very strong and the civil aircraft
manufacturers have consolidated their order
books with the airlines whose profitability has
improved.
What were your key highlights?
_ The actions of LISI AEROSPACE focused
on several themes: the consolidation of our
contracts, firstly, with, as a major event, the
renewal of Airbus fasteners contract for 5
years. The integration of Manoir Aerospace,
acquired in June 2014, has been partially
completed. We have also continued our
efforts in research and development, with
the highlight being the presentation at the
Paris Air Show of a blind structural fastener
and the corresponding robotic installation
solution. The focus internally has also been on
robotics in order to optimize productivity and
the stability of our manufacturing processes.
Very major industrialization efforts have finally
been made on the structural components to
accompany the A320 NEO, 737 MAX, LEAP and
A350 programs.
What is the outlook for 2016?
_ For several years, LISI AEROSPACE has
been working on the industrialization of new
products associated with various advanced
programs, such as the new GE and LEAP
engines, or even the structure of the A350
and A320 NEO aircraft. Their growing power
will offset the cessation of the traditional
programs, with an exchange rate much higher
than one. For all these products, the indus-
trial capacities are in the deployment phase:
performance of boost-test to work on the
robustness of the processes, creating new
industrial surface areas, investment inte-
gration and staff training. These plans will
be staggered until at least 2017 in order to
accompany the increasing power of the new
programs. Unless there is a macroeconomic
accident or technical difficulties with our
principals, we believe we will remain on high
activity levels, with a more moderate growth.
Jean-Louis Colders
Chief Executive Officer, LISI AEROSPACE
Unless there is a macroeconomic accident
or technical difficulties with our principals,
LISI AEROSPACE should remain on high activity
levels in 2016.