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LISI AEROSPACE

©Airbus

A YEAR OF GROWTH

2017

saw aggressive ramp-up phases on some programs

and downward adjustments on others. In this

contrasting environment, LISI AEROSPACE confirmed its ability

to adapt by displaying positive organic growth (3.3%) and

improving its operational performance, particularly in terms

of quality and timeframes.

A320neo: successful acceleration

LISI AEROSPACE’s key customers remained engaged on their

respective development programs. At Airbus, the A320neo

has handled its acceleration successfully, despite the difficulties

faced by Pratt & Whitney’s GTF engines. The increase in

production rates resulted in the delivery of 700 aircrafts in 2017.

The A350 maintains its growth and gains a new model, the

A350-1000. Conversely, the production of the A380 is slowed

down, waiting for recovery in itsmarket, which is slow in coming.

Airbus’s entry into the CSeries program, developed by Canada’s

Bombardier, should also revive this aircraft, an alternative to

small Boeing aircraft.

The B777X programmed for 2021

The U.S. aircraft manufacturer experienced strong acceleration

on the 737 MAX, powered by the LEAP engine. The scheduled

decrease of the B777 rates announces the arrival of its

replacement, the B777X, expected for 2021, and whose first

prototypes are being assembled.

Driven by the opening of the Chinese sky and the winning of

military contracts, the helicopter market is returning to growth.

The Rafale also benefits fromexport contracts won by Dassault

Aviation, while the F35 confirms its penetration into the U.S.

and Europe.

Market share up for the LEAP engine

The LEAP engine, which equips the 737 MAX and the A320neo,

has an impressive track record.

CFM International’s new bestseller, which is slated to replace

the CFM56, has garnered 2,870 civilian and military orders in

2017, bringing the order book to a record level of 14,270. The

LISI AEROSPACE division, which has demonstrated its ability

to support this growth, has been entrusted with volumes and

a sufficient horizon to strengthen its industrial facilities,

particularly by expanding the sites of Parthenay (France) and

Chihuahua (Mexico).

EUR

1,000.9

million

2017 sales revenue

+3.3

%

Organic growth

(constant scope and exchange rates)

39

MARKETS & PRODUCTS