LISI GROUP - Activity report 2018

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MARKET DYNAMICS
Forecasts for global air traffic growth in 2018 by the
International Monetary Fund show an increase of between
4.5% and 6% per year until 2035. This acceleration poses
a series of challenges for players in the aerospace sector.
First of all, the increase in production rates it imposes on
aircraft manufacturers, whomust meet the commitments
made for each of the 13,000 commercial aircraft currently
on order. In 2018, Airbus delivered 800 aircraft versus 718
in 2017, and Boeing 806 (763 in 2017).
MEETING THE TECHNICAL
CHALLENGES
The technical challenges related to the new engines have
been resolved and the ramp-ups are proceeding according
to expectations. Safran, which delivered 1,115 LEAPengines
in 2018 (compared to 450 in 2017), has 14,000 units on order
and displays a flawless track record. As for Pratt &Whitney,
it has completed the development of the PW1000G (GTF)
and is gradually connecting its delivery program.
The LISI AEROSPACE teams, who assist these various
players during these ramp-up phases, have remained
focused on their mission: to deliver the expected products
with the expected quality, in time and within budget.
PREPARING TOMORROW’S
TECHNOLOGIES
Air transport remains a very competitive industry thatmust
anticipate market expectations. These require today even
more efficient, more comfortable aircraft, with a reduced
and measurable environmental footprint, at a cost of
acquisition and operation that remains under control.
LISI AEROSPACE is very active in technology development
programs that improve the performance of aircraft and
engines during production. By standardizing, lightening or
simplifyingassemblymethods, they contribute to increased
reliability and lower costs. By developing breakthrough
technologies - newmaterials, newarchitectures, innovative
assembly and production techniques - these technologies
bring tomorrow’s cheaper, more economical and more
fuel-efficient, aircraft tomarket.
RISE IN AIRCRAFT PRODUCTION
RATES: ADJUSTING AND RESPONDING
TO INDUSTRIAL CHALLENGES
+6,6%
Air traffic growth in 2018
13,000
commercial aircraft
on order
14,000
LEAP CFM engines
on order