Summarized Key Nuggets from the Extracts:

**Growth Outlook & Market Trends**
- The global aircraft market is forecast to grow strongly at a CAGR of 12.5% from 2023-2030, showing robust long-term demand despite the pandemic’s earlier impact.

- Aircraft leasing is also expanding, expected to surpass USD 453.2 billion by 2026, driven by rising air travel and fleet expansion needs.

- The focus among airlines is on replacing older models with new, fuel-efficient, and environmentally friendly narrow-body (single-aisle) aircraft, which are now the segment of choice due to their versatility on both domestic and some international routes.

- Operational efficiency, lower maintenance costs, and improved passenger comfort are key factors behind fleet modernizations.

- There is a strong increase in adoption of advanced aircraft connectivity (communication systems, sensors, software), although rollout faces challenges like high integration costs and limited skilled labor.

**Regional Dynamics**
- Asia-Pacific is currently the largest and fastest-growing region for narrow-body aircraft, reflecting significant air travel demand and ongoing fleet expansion among local airlines.

- Europe is leading growth in fleet modernization, largely to meet regulatory and efficiency requirements.

- North America continues to see rising demand for technologically connected aircraft, while emerging economies are also becoming significant growth drivers.

**Competitive Landscape & Manufacturers**
- The two dominant global aircraft manufacturers, Airbus and Boeing, are competing to deliver new, more sustainable aircraft, with Airbus generally having an edge in the narrow-body segment due to the popularity of the A320neo family, especially in Asia.

- Supply chain constraints, notably linked to lingering COVID-19 impacts and China’s policies, are affecting order backlogs and delivery timetables for all major OEMs.

- Aircraft leasing companies, such as FTAI Aviation, benefit from this surge in demand, showing strong financial recovery and capturing greater market share as airlines prefer leasing to owning amidst high capital costs.

**Technological & Sustainability Shifts**
- The trend toward sustainability and efficiency is central, with major airlines and lessors investing in newer models with improved fuel efficiency and lower emissions, anticipating increasingly stringent environmental regulations.

- The aerospace market is also seeing a sharp increase in use of lightweight advanced materials, such as PAN-based carbon fiber, particularly for military and next-gen civil aircraft; this market is projected to reach $4.4 billion by 2031.

**Investment Outlook**
- Despite headwinds and recovery challenges (supply chain issues, skilled personnel shortages), the long-term rebound of global aviation supports strong demand for new and leased aircraft.

- Manufacturers with robust narrow-body portfolios, advanced R&D in connectivity and materials, and strong Asia-Pacific order books are best positioned to capitalize, while lessors will benefit from airlines’ appetite for flexible fleet expansion.

**Conclusion**
- The aerospace market’s next growth wave is anchored in narrow-body, fuel-efficient aircraft, with Asia-Pacific and leasing firms as major growth engines.

- Airbus appears slightly better positioned due to single-aisle dominance, but Boeing and advanced lessors also stand to gain as the industry shifts toward sustainability, digitalization, and modernization.

Here are key nuggets summarizing the extracted text and focusing on trends, regional dynamics, market leaders, and strategic moves among aircraft manufacturers:

**Global Aviation Market Recovery & Outlook:**
- Global aviation is rapidly rebounding—with 2023 air passenger numbers expected to closely match or slightly exceed pre-pandemic 2019 levels (4.35B forecast for 2023 vs. 4.54B in 2019 per IATA and ICAO).

- The industry is returning to profitability, with airlines’ net profit forecast nearly doubling to $9.8B versus previous expectations, amid robust air travel recovery and increased airport/hotel activity.

- However, global cargo traffic remains below 2019 levels due to dampened international trade.

**Regional Demand Drivers:**
- The main growth engines are in Asia, especially China and India.

Asian airlines are leading in fleet expansion and aircraft orders as markets reopen and domestic travel surges.

- Europe’s market is recovering but faces persistent fuel supply constraints due to Russian sanctions, altering traditional trade routes and causing dependence on fuel imports from the US, China, India, and Middle East.

- Russia sees increased domestic travel, but its fleet is aging rapidly, with replacement challenges due to sanctions and limited access to western aircraft.

- Turkey stands out regionally as a notable growth market for outbound and inbound travel.

**Aircraft Manufacturers—Strategic Moves & Competition:**
- Boeing cautions about aircraft demand due to ongoing sanctions against Russian aviation, potentially losing a share of the sizable Russian market.

- Airbus is taking significant steps to deepen partnerships and expand in Asia, highlighted by its €6B ($845M) Full Life Cycle Service Center in Chengdu, China—a facility for aircraft maintenance, recycling, and resale, supporting lifecycle sustainability and creating a stronger foothold in the world’s fastest-growing market.

- Orders for Airbus globally surged 2.5 times, and the company expects to boost operating profits (targeting €6.5–7B).

This growth is fueled by Asian demand and a proven adaptability to regulatory pressures and lifecycle management trends.

- Manufacturers are prioritizing efficient, sustainable aircraft amidst rising fuel prices and tightening emissions standards, making investment in new-generation models and services attractive.

**Industry Trends & Risks:**
- Full recovery in aviation fuel demand anticipated within 1–2 years, but regional fluctuations (especially in Asia) persist.

- Global uncertainty around recession and interest rates pose short-term risks; economic downturns could dent both travel demand and airlines’ fleet investment capacity.

- Fleet maintenance and secondary markets (e.g., part reuse, IT solutions) are gaining importance, as seen with the Airbus Chengdu project.

- The sustainability transition (recycling, efficient fleets) and Asia-centric growth are shaping the competitive edge for forward-thinking manufacturers.

**Long-Term Investment Implication:**
- Airbus appears best positioned for long-term growth via strategic investments in Asia and lifecycle sustainability, capturing both new and recurring revenue streams.

- Boeing faces headwinds in certain regions but remains a global leader; monitoring its moves on sustainability, product renewal, and emerging market partnerships is crucial.

- The greatest aerospace stock upside lies with companies deeply engaged in Asia's growth, sustainability initiatives, and aftermarket/lifecycle services.

**Global Aircraft Demand & Aerospace Manufacturer Competitive Outlook – Summary Nuggets**

**1.

Air Travel Recovery and Growth**
- International travel saw a **41.6% growth in 2023**, rebounding to pre-pandemic 2019 levels by Q4, signaling strong pent-up demand and industry recovery.

- European airline traffic rose **22% year-over-year in 2023**, with expanding capacity (+17.5%) and higher load factors (now 83.8%).

- December 2023 marked the first time since 2019 that passenger demand exceeded pre-pandemic levels month-on-month.

Regional Growth Engines**
- **India** continues to emerge as a massive growth driver: low-cost carrier IndiGo signed a **record 500-aircraft deal with Airbus**—the largest-ever single order—showcasing India’s surging domestic and international travel prospects.

- **Middle East:** Saudi Arabia and the UAE are aggressively expanding fleets, with significant **Boeing wide-body deals** and investment in global aviation infrastructure, underpinned by robust economies and strategic global hubs (e.g., Dubai).

The sector is critical for Dubai (27% of GDP, ~$37bn economic impact).

- **Middle Eastern airlines** benefit from regional economic strength and geography, leveraging both leisure and business travel demand.

Industry Leaders: Airbus vs Boeing**
- **Airbus** is currently outpacing Boeing in new orders, particularly after massive Indian deals, and is scaling **single-aisle production to 65 units/month** (up from ~45).

- **Boeing** regaining ground post-737 MAX crisis, posting strong Middle East orders and forecasting a **doubling of the global commercial fleet over 20 years**.

However, Boeing has struggled with profitability and delayed deliveries, while Airbus reported record profits.

- Both face supply chain headwinds—rising costs, spare parts shortages, and labor gaps remain significant constraints on delivery rates.

Market Segments and Product Trends**
- Demand is strongest for **fuel-efficient single-aisle jets** (Airbus A320neo, Boeing 737 MAX) that align with carriers’ cost and sustainability mandates.

- The **wide-body segment** is seeing renewed demand in high-growth regions (Saudi Arabia, Emirates), reflecting global travel and economic ambitions.

- **Freighter demand** is robust (Boeing projects +3.5% CAGR), outpacing general trade growth.

Challenges**
- Rising oil prices could challenge airline profitability and delay recovery in some markets.

- Supply chain/labor shortages hamper manufacturers’ ability to meet surging order books.

- Operating margins remain slim ($6.14/passenger global average), keeping financial discipline crucial.

Strategic Shifts & Innovation**
- Focus on greater **production efficiency**, digitalization, and sustainable aviation (lighter, greener aircraft).

- Manufacturers diversifying: Airbus remains the main civil aerospace profit leader; Boeing has ongoing military/defense business; Lockheed Martin focuses on defense and space (not a civilian aircraft delivery leader, but relevant in broader aerospace).

Summarized Key Nuggets from the Extracts:

**Growth Outlook & Market Trends**
- The global aircraft market is forecast to grow strongly at a CAGR of 12.5% from 2023-2030, showing robust long-term demand despite the pandemic’s earlier impact.

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

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A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

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Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

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Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

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- Aircraft leasing is also expanding, expected to surpass USD 453.2 billion by 2026, driven by rising air travel and fleet expansion needs.

Title:

Content: Aircraft Leasing Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2032

The global aviation industry is experiencing unprecedented growth, fueled by increasing air travel rates and the demand for efficient aircraft. In tandem with this growth, the aircraft leasing market has emerged as a critical component of the aviation ecosystem, providing airlines with flexible leasing options to meet their fleet requirements. A recent report by Report Ocean forecasts that the aircraft leasing market size is poised to exceed USD 453.2 billion by 2026, with a robust growth rate of 6.8% during the forecast period.

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Driving Factors Behind Market Growth

The surge in air travel rates is a primary driver propelling the demand for aircraft leasing. Airlines are opting for leasing arrangements to expand their fleets and meet the escalating demand for air travel. Aircraft leasing offers flexibility and cost-effectiveness compared to outright aircraft purchases, enabling airlines to optimize their fleet size based on fluctuating market conditions.

Aircraft leasing encompasses two primary lease types: dry lease and wet lease. In dry leasing, aircraft are leased without crew members, while wet leasing involves leasing aircraft along with trained crew, maintenance, and insurance. This flexibility allows airlines to tailor leasing agreements to their specific operational needs, further driving the adoption of aircraft leasing.

Additionally, factors such as the growth in global aviation industry, increasing regulations, demand for fuel-efficient commercial aircraft, attractive tax policies, and affordable lease rates contribute to the burgeoning aircraft leasing market. Emerging economies present significant growth opportunities for aircraft leasing, with technological advancements further enhancing the appeal of leasing options.

Regional Insights and Market Dynamics

Europe emerged as the highest revenue-generating region in the aircraft leasing industry in 2019, driven by high disposable income, advanced living standards, and the development of new aircraft. The region witnessed increasing adoption of aircraft leasing due to the operation of efficient commercial aircraft and technological advancements. However, North America is also a significant market for aircraft leasing, with well-established aviation infrastructure and a robust demand for air travel.

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Asia-Pacific is poised to exhibit substantial growth in the aircraft leasing market, propelled by countries such as China, India, and Japan. Rising air traffic, economic development, and increasing demand for air travel in the region contribute to the growing adoption of aircraft leasing. Latin America, the Middle East, and Africa also present lucrative opportunities for market players, driven by factors such as infrastructure development and tourism growth.

Competitive Landscape and Key Players

The global aircraft leasing industry is characterized by the presence of both international and small to medium-sized vendors. Leading companies such as Aviation Capital Group, Boeing Capital Corporation, Air Lease Corporation, and International Lease Finance Corporation dominate the market. These companies continually innovate and collaborate with other industry players to meet the evolving needs of consumers and launch new products to stay competitive.

Segmentation and Market Outlook

The aircraft leasing market is segmented based on lease type, aircraft type, and region. Dry leasing and wet leasing represent the primary lease types, catering to the diverse needs of airlines. Aircraft types include wide-body aircraft and narrow-body aircraft, each serving specific operational requirements. Regionally, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa constitute the key market segments, offering insights into regional market dynamics and growth prospects.

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Future Outlook and Conclusion

In conclusion, the global aircraft leasing market is poised for significant growth driven by increasing air travel rates, demand for fuel-efficient aircraft, and favorable market conditions. As airlines seek to optimize their fleets and enhance operational efficiency, aircraft leasing emerges as a strategic solution to meet evolving market demands. With technological advancements and infrastructure development, emerging economies present lucrative opportunities for market players. As the aviation industry continues to soar to new heights, aircraft leasing remains a vital component facilitating the expansion and modernization of airline fleets worldwide.

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  • Market possibilities and challenges
  • Future plausible for increase in particular industries
  • Major geographic and market segments to target, and end-user goal organizations and their viable operational volumes
  • Representative and a price chain probability breakdown
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  • The market’s important using forces
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  • Obstacles to market expansion.
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  • Thorough SWOT analysis
  • Threats and possibilities confronted with the aid of the modern carriers in the world market.
  • Trending elements that affect the markets in the quite a number region.
  • Initiatives with a strategic center of attention on the pinnacle vendors.
  • PEST find out about of the five essential market regions.

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- The focus among airlines is on replacing older models with new, fuel-efficient, and environmentally friendly narrow-body (single-aisle) aircraft, which are now the segment of choice due to their versatility on both domestic and some international routes.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

- Operational efficiency, lower maintenance costs, and improved passenger comfort are key factors behind fleet modernizations.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

- There is a strong increase in adoption of advanced aircraft connectivity (communication systems, sensors, software), although rollout faces challenges like high integration costs and limited skilled labor.

Title:

Content: Intelligence Market Report

Connected Aircraft Market Size to Reach USD 6758.8 Million in 2028, at CAGR of 9.9%, Industry Share, Growth, Latest Trend, Opportunities

Connected Aircraft Market Dynamics, Industry Overview, Segmentation, Competitive Landscape and SWOT Analysis Including Key Players - Gogo, Honeywell International, Panasonic Avionics, Thales, Global Eagle Entertainment, Rockwell Collins, Zodiac Aerospace, Inmarsat, Cobham, Bae Systems, Kontron, Viasat, Digecor

London, UK -- (SBWIRE) -- 02/09/2023 -- Connected Aircraft Market report provides an in-depth analysis of the global connected aircraft market, including market size, growth drivers, trends, and opportunities. It also provides a comprehensive overview of the competitive landscape and key players in the market.

Global Connected Aircraft Market Overview
The connected aircraft market refers to the integration of information and communication technologies in aircraft to improve flight safety, passenger comfort, and operational efficiency. The connected aircraft market is rapidly growing due to the increasing demand for real-time information and communication during flights. This has resulted in a rise in the number of connected aircraft, which are equipped with advanced communication systems, sensors, and software.

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Market Segmentation
The global connected aircraft market can be segmented based on type, application, and region. The Connected Aircraft Market Major Segments and Subsegments Listed Below

Segmentation by type
Inflight Connectivity
Air-to-Air Connectivity
Air-to-Ground Connectivity

Segmentation by application
Commercial
Military

This report splits the market by region
North America [United States, Canada]
Europe [Germany, France, U.K., Italy, Russia]
Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
Latin America [Mexico, Brazil, Argentina]
Middle East & Africa [Turkey, Saudi Arabia, UAE]

Market Drivers
The primary drivers of the connected aircraft market are the increasing demand for real-time information and communication during flights, the need for improved flight safety and passenger comfort, and the growing demand for advanced communication and navigation systems in aircraft. Additionally, the increasing use of connected aircraft for military purposes is expected to fuel market growth. The increasing demand for connected aircraft in emerging economies is also expected to drive market growth.

Market Challenges
One of the biggest challenges facing the connected aircraft market is the high cost of integrating these technologies in aircraft. The cost of procurement, installation, and maintenance of connected aircraft systems can be a major barrier for airlines and other operators. Additionally, the limited availability of skilled personnel to operate and maintain these systems can also pose a challenge for market growth.

Market Opportunities
The increasing demand for connected aircraft in commercial and military applications is a major opportunity for market growth. The growing demand for advanced communication and navigation systems in emerging economies is expected to provide significant growth opportunities for the market. Additionally, the increasing use of connected aircraft for maintenance and repair is also expected to drive market growth.

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Market Leaders
Some of the leading players in the connected aircraft market includes
Gogo
Honeywell International
Panasonic Avionics
Thales
Global Eagle Entertainment
Rockwell Collins
Zodiac Aerospace
Inmarsat
Cobham
Bae Systems
Kontron
Viasat
Digecor

Conclusion
The global connected aircraft market is expected to grow rapidly in the coming years due to the increasing demand for real-time information and communication during flights, the need for improved flight safety and passenger comfort, and the growing demand for advanced communication and navigation systems in aircraft. The increasing demand for connected aircraft in emerging economies is also expected to drive market growth. However, the high cost of integrating these technologies in aircraft and the limited availability of skilled personnel to operate and maintain these systems can be a major challenge for the market.

Table of Content
1 Scope of the Report
2 Executive Summary
3 Global Connected Aircraft by Company
4 World Historic Review for Connected Aircraft by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Connected Aircraft by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

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About Us: Intelligence Market Report includes a comprehensive rundown of statistical surveying reports from many distributers around the world. We brag an information base traversing basically every market classification and a much more complete assortment of statistical surveying reports under these classifications and sub-classifications. Intelligence Market Report offers premium reformist factual looking over, statistical surveying reports, investigation and gauge information for businesses and governments all throughout the planet.

**Regional Dynamics**
- Asia-Pacific is currently the largest and fastest-growing region for narrow-body aircraft, reflecting significant air travel demand and ongoing fleet expansion among local airlines.

- Europe is leading growth in fleet modernization, largely to meet regulatory and efficiency requirements.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

- North America continues to see rising demand for technologically connected aircraft, while emerging economies are also becoming significant growth drivers.

**Competitive Landscape & Manufacturers**
- The two dominant global aircraft manufacturers, Airbus and Boeing, are competing to deliver new, more sustainable aircraft, with Airbus generally having an edge in the narrow-body segment due to the popularity of the A320neo family, especially in Asia.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

- Supply chain constraints, notably linked to lingering COVID-19 impacts and China’s policies, are affecting order backlogs and delivery timetables for all major OEMs.

Title:

Content: Dubai: Supply chain issues for the world’s aviation industry are still a long way from getting resolved as China, the world’s largest manufacturer, continues a zero-Covid policy.

“Because of China we have to go the extra mile to bring stuff,” said Shmuel Kuzi, Executive Vice-President and General Manager of Aviation Group at Israel Aerospace Industries, one of the big names in aircraft conversions. “We are now seeking places that can give us the solution we need – supply chain disruptions won’t be resolved in the near future.”

For IAI, which converts passenger aircraft into freighters, turnaround times are important. “Any delays will make the client nervous about losing money,” he added.

IAI, which began with a Boeing B767-300 conversion line in Israel in 2007, recently signed several agreements for cargo conversions, including converting B777-300ER aircraft for Emirates airline and establishing new conversion lines in the UAE and Ethiopia.

The company received the European Aviation Safety Authority (EASA) approval for its Boeing B737-800SF passenger-to-freighter (P2F) conversions. This means the company can offer this service to European companies and operators.

IAI, which set up a European facility in Naples last year, is scouting new locations to capitalise on the demand. “We are seeking new places because right now all our slots are already full,” said Kuzi.

Saudi move

Kuzi said that the recent decision by Saudi Arabia to drop airspace restrictions will make Israeli carriers more competitive. Before Riyadh, Israeli airlines could overfly Saudi territory to UAE and Bahrain only. Dropping restrictions on access to Saudi airspace means they will be able to use it to reach Asia too.

“This is important because all our competitors can fly above Saudi Arabia and that means they take 2-3 hours less than us (Israeli carriers) to fly to Thailand – the flight ticket prices are also half,” said Kuzi.

IPO plans

Last year, IAI’s CEO Boaz Levy reportedly said that the company will likely sell a 25 per cent stake on the Tel Aviv Stock Exchange in the first-half of 2022. Given IAI’s recent financial performance, “a lot of companies will be happy to take our shares,” said Kuzi. “But, unfortunately, we don’t have any news on the IPO yet.”

The Israeli company’s net profit surged 86 per cent year-on-year to $78 million in the first quarter of 2022. Sales stood at $1.2 billion, slightly higher than $1.02 billion in the same period last year.

“This has been by far IAI’s best quarter in company history, and a direct year-over-year continuation of the record results in 2021,” said Levy in a statement.

Cargo demand

Global demand, measured in cargo tonne-kilometers, was 8.3 per cent below May 2021 levels. This was an improvement on the year-on-year decline of 9.1 per cent seen in April, according to the International Air Transport Association (IATA).

“The return of Asian production as COVID-19 measures eased, particularly in China, will support demand for air cargo,” said Willie Walsh, IATA’s Director-General in a statement. “The strong rebound in passenger traffic has increased belly capacity, although not always in the markets where the capacity crunch is most critical.

“But uncertainty in the overall economic situation will need to be carefully watched.”

- Aircraft leasing companies, such as FTAI Aviation, benefit from this surge in demand, showing strong financial recovery and capturing greater market share as airlines prefer leasing to owning amidst high capital costs.

**Technological & Sustainability Shifts**
- The trend toward sustainability and efficiency is central, with major airlines and lessors investing in newer models with improved fuel efficiency and lower emissions, anticipating increasingly stringent environmental regulations.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

- The aerospace market is also seeing a sharp increase in use of lightweight advanced materials, such as PAN-based carbon fiber, particularly for military and next-gen civil aircraft; this market is projected to reach $4.4 billion by 2031.

Title:

Content: Aviation Carbon Fiber Market Set to Soar: Forecasting a $4.4 Billion Valuation by 2031

aviation-carbon-fiber-market-1675064937 (2)

Aviation Carbon Fiber Market Size, Share, Competitive Landscape and Trend Analysis Report : Global Opportunity Analysis and Industry Forecast, 2021-2031

PORTLAND, PROVINCE: OREGAON, UNITED STATES, June 6, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Aviation Carbon Fiber Market," The aviation carbon fiber market was valued at $1.5 billion in 2021, and is estimated to reach $4.4 billion by 2031, growing at a CAGR of 11.4% from 2022 to 2031.

Asia-Pacific is expected to experience significant growth during the forecast period. China, Japan, and India are expected to remain lucrative markets in terms of increase in investment and R&D by domestic and overseas players. Increasing number of deliveries of commercial as well as general aviation aircrafts, owing to the significant growth in air traffic is a key factor driving the growth of the market in Asia-Pacific region. The region is experiencing growth in global transport with significant increase in passenger transport and air cargo market.

๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/request-sample/A12804

In November 2021, Boeing, an American aircraft manufacturer, predicted that air travel within the Asia-Pacific region will account for almost half of the world's air travel by 2040, with 17,645 new aircraft worth $3.1 trillion over 20 years. The increase in demand for aircrafts from commercial, military, and general aviation segments is expected to drive the growth for aviation carbon fiber market share in the region.

The factors such as rapidly growing & booming aviation industry, expansion of aircraft fleets by airline operators and rising expenditure by government in the aviation sector are the primary factors expected to propel the growth of aviation carbon fiber market in China. China is expected to invest more than $80 billion in aviation projects to keep up with the increasing demand for air travel. Also, over the next 20 years, Chinese carriers are expected to expand their fleets by more than 1,500 aircraft, a number that represents 20% of the demand worldwide, which is expected to offer numerous growth opportunities for carbon fiber market during the forecast period.

On the basis of raw material, the global aviation carbon fiber market has been segmented into PAN-based carbon fiber and Pitch-based carbon fiber. The PAN-based carbon fiber accounted for a significant market share in 2021. PAN-based carbon fibers are made from a synthetic fiber called polyacrylonitrile (PAN). The manufacturing of PAN-based carbon fibers includes spinning of the PAN co-polymer to form the fibers. The constant advancement in the technology to develop PAN-based carbon fibers to manufacture aircraft bodies and parts is expected to drive the growth of the market. For instance, in December 2019, Solvay and SGL Carbon announced a collaboration to develop highly-competitive advanced carbon fiber composites for primary structures in the aerospace industry. Under this agreement, the companies aim to provide the market with the first composite materials based on large-tow intermediate modulus (IM) carbon fiber.

๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/aviation-carbon-fiber-market/purchase-options

There has been rise in use of carbon fiber in military aviation to provide significant weight and cost reductions. Moreover, there is an increase in the use of carbon fiber to produce military aircrafts as carbon fiber reduces around 50% of the structural weight of military aircrafts. Military aircrafts require lightweight structures to provide increased payload, improved agility, short take-off, long-range missions, and high maneuverable capabilities. The weight savings allow for a wider payload range, smaller subsystems for a given level of performance, and better fuel efficiency.

The rise in the application of carbon fiber to manufacture secondary structures, control surfaces, and wing & primary fuselage structures for military aircrafts is expected to drive the growth of the market. For instance, Eurofighter Typhoon is one of the most advanced fighter jets developed by a consortium of aerospace and defense companies from countries such as UK, Germany, Italy, and Spain. Its 40% of the structural weight is carbon fiber reinforced composite material. Moreover, the American fifth-generation fighter F/A-22 uses composite materials in fuselage, wings, and tail.

๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The outbreak of COVID-19 reduced air transport and negatively impacted the aviation industry, which significantly decreased the demand for carbon fiber. The COVID-19 pandemic severely impacted global demand for carbon fiber and its composites due to parked commercial aircrafts, domestic & international travel disruptions, and restrictions on travel activities. However, post-pandemic, strategies are being developed by governments to increase the production of locally produced carbon fiber material, supporting the growth of the market. For instance, in 2021, Hindustan Aeronautics Limited signed a memorandum of understanding with Mishra Dhatu Nigam Limited to develop and produce composite raw materials such as carbon fiber.

๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A12804

๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By raw material, the PAN-based carbon fiber segment is anticipated to exhibit significant growth in the near future.
By type, the continuous segment is anticipated to exhibit significant growth in the near future.
By end use, the military segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐๐๐๐๐ข๐ง๐  ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Mitsubishi Chemical Group Corporation, Nippon Steel Corporation, SGL Carbon, Teijin Limited, Toray Industries, Inc., Hexcel Corporation, Solvay, Hyosung, OJSC SvetlogorskKhimvolokno, and DowAksa.

David Correa
Allied Market Research
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**Investment Outlook**
- Despite headwinds and recovery challenges (supply chain issues, skilled personnel shortages), the long-term rebound of global aviation supports strong demand for new and leased aircraft.

- Manufacturers with robust narrow-body portfolios, advanced R&D in connectivity and materials, and strong Asia-Pacific order books are best positioned to capitalize, while lessors will benefit from airlines’ appetite for flexible fleet expansion.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

**Conclusion**
- The aerospace market’s next growth wave is anchored in narrow-body, fuel-efficient aircraft, with Asia-Pacific and leasing firms as major growth engines.

What does Cirium Fleet Forecast predict about the market share of new aircrafts?

In the next 20 years, Airbus A320 and Boeing 737 Max will account for 50% of deliveries of 150 seat planes.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

- Airbus appears slightly better positioned due to single-aisle dominance, but Boeing and advanced lessors also stand to gain as the industry shifts toward sustainability, digitalization, and modernization.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

Here are key nuggets summarizing the extracted text and focusing on trends, regional dynamics, market leaders, and strategic moves among aircraft manufacturers:

**Global Aviation Market Recovery & Outlook:**
- Global aviation is rapidly rebounding—with 2023 air passenger numbers expected to closely match or slightly exceed pre-pandemic 2019 levels (4.35B forecast for 2023 vs. 4.54B in 2019 per IATA and ICAO).

Title:

Content: What is the new ICAO report about?
The International Civil Aviation Organization (ICAO) predicts that demand for passenger air travel on most routes will recover to pre-pandemic levels by the first quarter of 2023, and by the end of the year will have achieved an increase of about three percent compared to 2019.
The number of air passengers carried in 2022 increased by 47 percent compared to 2021, mainly due to the rapid recovery of most international routes.
As for airlines ’ annual revenue from passenger traffic, while maintaining profitability and exchange rates at 2019 levels, ICAO sees a 50 percent increase between 2021 and 2022.

- The industry is returning to profitability, with airlines’ net profit forecast nearly doubling to $9.8B versus previous expectations, amid robust air travel recovery and increased airport/hotel activity.

Title:

Content: The global aviation industry expects profits of almost $10 billion this year — Finance.ua
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The global aviation industry expects profits of almost $10 billion this year
Stock market
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The International Air Transport Association (IATA) predicts that global airlines should make nearly $10 billion in profits this year as business recovers from the coronavirus pandemic.
This is reported by CNN.
“Despite economic uncertainty, people are flying to reconnect, explore and do business.
Airports are busy, hotel occupancy is growing, the local economy is reviving, and the aviation industry has become profitable, ” said Willy Walsh, head of IATA.
The organization has more than doubled its global aviation industry profit forecast for 2023.
Airlines are expected to generate $9.8 billion in net profit this year, up from a December forecast of $4.7 billion.
According to Walsh, the increase in profitability was facilitated by revenue from freight transportation, the recovery of the Chinese economy and the decline in the price of aviation fuel.
IATA also expects 4.35 billion people to travel by air this year, close to the 4.54 billion passengers flying back in 2019 before the coronavirus pandemic began.
The aviation industry suffered net damage of $183 billion between 2020 and 2022 due to quarantines.
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- However, global cargo traffic remains below 2019 levels due to dampened international trade.

Title:

Content: Civil aviation in the world is recovering: IATA has twice improved the forecast
Monday, 5 June 2023, 13: 09 -
The International Air Transport Association (IATA) has doubled its 2023 aviation profit forecast from $4.7 billion to $9.8 billion.
This was reported by the press service of the association.
The aviation industry ’ s net profit is expected to reach $9.8 billion in 2023, more than double the previous December forecast of $4.7 billion.
Total industry revenues will grow by 9.7% year-on-year to $803 billion.
This is the first time since 2019 ($838 billion), when industry revenues will exceed the $800 billion mark.
Passenger traffic is also recovering - about 4.35 billion people will travel by air this year, which is approaching 4.54 billion in 2019.
But the volume of cargo transportation is expected at the level of 57.8 million tons - below 61.5 million tons transported in 2019, which is due to a sharp slowdown in international trade.
“Several positive developments contribute to the growth of profitability.
China lifted the restrictions because of COVID-19 sooner than expected.
Freight revenues remain above pre-pandemic levels, although volumes have not increased.
In terms of costs, there is some relief.
Prices for aviation fuel, although they remain high, fell in the first half of the year, "explains IATA CEO Willy Walsh.
At the same time, the economic and geopolitical environment creates several risks for the forecast.
First of all, different countries are struggling with inflation at different rates.
Earlier or lower completion of central bank interest rate hikes could spur markets to a better year-end outlook.
But the risk of recession remains.
If a recession leads to job losses, the outlook for the industry could worsen.
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Supply chain problems continue to affect global trade and business.
Airlines have been directly affected by supply chain disruptions in aircraft parts that aircraft and engine manufacturers have failed to address.
This negatively affects the supply of new aircraft and the ability of airlines to service and deploy an existing fleet.

**Regional Demand Drivers:**
- The main growth engines are in Asia, especially China and India.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

Asian airlines are leading in fleet expansion and aircraft orders as markets reopen and domestic travel surges.

- Europe’s market is recovering but faces persistent fuel supply constraints due to Russian sanctions, altering traditional trade routes and causing dependence on fuel imports from the US, China, India, and Middle East.

Title:

Content: MOSCOW, 27 Sep — PRIME.
Shell ’ s aviation chief said on Tuesday that global demand for aviation fuel is expected to fully recover to pre-pandemic levels of 300 million tonnes per year in the next one to two years.
Demand in the US has already returned to its 2019 levels, while consumption in Europe has risen to more than 80% and is likely to recover completely next year.
This opinion was shared with Reuters by the president of Shell Aviation Jan Tosca on the sidelines of the 38th Asia Pacific Petroleum Energy Conference (APPEC).
In Asia, the recovery is slightly more uneven, with markets opening and closing.
But the main stage of recovery, in particular in Asia, we expect next year, although it may take another year to fully revive the market, ” he said.
Deliveries of aviation fuel in Europe remain limited: EU sanctions on oil products from Russia, coming into force on February 5, will force the region to import more fuel from the US, China, India and the Middle East.
“The market will continue to have to buy from processing companies … supplying fuel by sea and rail, and all sales are now under greater pressure given these new trade routes, ” he added.

- Russia sees increased domestic travel, but its fleet is aging rapidly, with replacement challenges due to sanctions and limited access to western aircraft.

- Turkey stands out regionally as a notable growth market for outbound and inbound travel.

Title:

Content: Airline companies have flown in laid
Passenger traffic returned to levels five years ago
In the first half of 2023, Russian airlines increased transportation by 18% year-on-year, to 47.5 million people, said the head of the Ministry of Transport Vitaly Saveliev.
This figure is also 18% lower than in 2019, and only 1 million more than in 2017.
Experts believe that the target set by the Ministry of Transport of 101 million passengers by the end of the year will be achieved.
But some sources believe that the increase in traffic is fraught with rapid exhaustion of the resource of the fleet of aircraft, which has nothing to replace.
Passenger traffic of airlines increased in the first half of the year by 18%, in annual terms to 47.5 million people, said Transport Minister Vitaly Savelyev at a meeting of the President of the Russian Federation with members of the government.
This is 18% lower than in 2019, when the industry was not yet affected by the covid and the consequences of hostilities in Ukraine, and roughly corresponds to the level of the first half of 2017, when 46.2 million passengers were transported.
The Ministry of Transport predicts at the end of the year passenger traffic of 101 million people or even higher (against 95 million people in 2022).
Experts consider this feasible, given that in the second half of the year transportation is usually somewhat higher than in the first.
As in 2022, 80% of passenger traffic will be on domestic flights, of which half will be on interregional transportation, experts expect.
Especially stand out Novosibirsk and Yekaterinburg, "intercepted" due to the development of the route network a significant share of passenger traffic at the airports of Moscow, said Vice President of the Russian Union of Travel Industry Dmitry Gorin.
Traditionally, Sochi and Minvody will remain in demand.
According to the Ministry of Transport, passenger traffic on international routes can reach about 20 million people - an increase of 12% year-on-year.
According to Vitaly Saveliev, now Russian airlines make direct flights to 24 countries.
Taking into account foreign carriers, direct flights are available in 36 countries, adds Mr. Gorin.
He notes that the driver of growth will remain Turkey, where 3 million people can fly in the summer.
Thailand quickly recovered to pre-pandemic levels, with 800,000 visitors in the first half of the year.
Passenger traffic in the UAE has increased by 60%: if until 2020 it was about 400 thousand people per year, this year it should be about 1.1 million.
Egypt, which has turned from a traditionally winter to a year-round destination, will “gather ” about 900 thousand tourists by the end of the year.
The main increase, according to Dmitry Gorin, will give air communication with China “subject to the implementation of the project of electronic visas and visa-free group trips. ”
Vitaly Saveliev said that, despite the increase in costs and the reduction of subsidies to the industry three times compared with 2022 (from 174 billion rubles to 58 billion rubles), airlines manage to restrain the growth in the cost of tickets.
Many interlocutors of Kommersant in the industry believe that the artificial containment of tariffs for the sake of maintaining passenger traffic can lead to premature departure of aircraft against the background of a shortage of spare parts and the impossibility of extending the resource.
Some experts believe that airlines that actively operate SSJ will be forced to sharply reduce traffic by 2024.
In the spring, at the ATO conference, a representative of Rusline Airlines said that, according to the carrier ’ s flight program, the park ’ s resources will last for three years.
Comments about the risks of exhausting the resource of the fleet really sound in the industry, says Oleg Panteleev, Executive Director of “Airport ”.
However, publicly none of the largest operators of the main jet fleet did not declare problems with maintaining airworthiness and the need to save resources.
In addition, the expert recalls, the Ministry of Transport stated that airlines will be able to operate foreign aircraft until 2030 and therefore the regulator has no reason to revise the targets for passenger traffic.
In the aviation industry, traffic is traditionally paid more attention than financial metrics, said Alexander Gushchin, director of the ACRA corporate ratings group.
He notes that for carriers it was and remains important to maintain their market share in physical terms, and for the aviation authorities this is the most understandable indicator of transport accessibility.
Aigul Abdullina
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**Aircraft Manufacturers—Strategic Moves & Competition:**
- Boeing cautions about aircraft demand due to ongoing sanctions against Russian aviation, potentially losing a share of the sizable Russian market.

Title:

Content: Boeing predicted a decline in demand for aircraft amid sanctions against Russian aviation
Boeing has downgraded its outlook for aircraft deliveries over the next 20 years and predicted an overall decline in economic activity and demand for new aircraft around the world.
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- Airbus is taking significant steps to deepen partnerships and expand in Asia, highlighted by its €6B ($845M) Full Life Cycle Service Center in Chengdu, China—a facility for aircraft maintenance, recycling, and resale, supporting lifecycle sustainability and creating a stronger foothold in the world’s fastest-growing market.

Title:

Content: China 2024-02-09T15: 58: 01 + 02: 00
Ukrainian News
Airbus Launches Its First Global Aircraft Recycling Project in Southwest China
Airbus Launches Its First Global Aircraft Recycling Project in Southwest China
The building of the Airbus Full Life Cycle Service Center (ALSC) in Chengdu, Sichuan Province in southwest China.
Photo by Xinhua.
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Airbus has launched its first global aircraft recycling project called the Airbus Full Life Cycle Service Centre (ALSC) in Chengdu, a major aviation hub in southwest China.
This was reported by the Xinhua News Agency.
With an area of more than 60 hectares, ALSC is able to serve a wide range of major aircraft types and provide global sales channels for resale of reusable parts from decommissioned aircraft.
The total investment in this project is ¥6 billion (about $844.55 million).
It aims to increase the level of recycling of aviation components and materials, thereby ensuring more than 90 percent eco-friendly recycling of aircraft by weight.
“The opening of ALSC will mark a new stage in deepening cooperation between China and Europe, ” said George Xu, Executive Vice President of Airbus and CEO of Airbus China.
The hangar of the Full Life Cycle Service Center (ALSC) in Chengdu, Sichuan Province in southwest China.
Photo by Xinhua.
The city of Chengdu is committed to the rapid development of its aviation industry.
According to Sichuan Province Airport Group Co., Ltd, in 2023, the volume of passenger traffic of the two international airports of the city amounted to more than 74.92 million people, and the total volume of cargo and mail turnover reached 771 thousand tons.
By 2042, China will become the world's largest market for aviation services, and its market value will grow to $54.1 billion, Airbus China predicted in December 2023.
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What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

- Orders for Airbus globally surged 2.5 times, and the company expects to boost operating profits (targeting €6.5–7B).

Title:

Content: The number of orders for Airbus in the world increased by 2.5 times
Last year, the number of aircraft orders from the European aerospace corporation Airbus increased by 155 percent, to 2,094 aircraft.
Operating profit from core activities increased by four percent, to 5.8 billion euros, and this year the group expects to bring it to 6.5-7 billion euros.
Last year, the number of aircraft orders from the European aerospace corporation Airbus increased by 155 percent in the world, to 2,094 aircraft.
This was reported in the financial statements for the fourth quarter.
Revenues for the quarter increased by 11 percent, to 22.9 billion euros, and for the year - by the same 11 percent, to 65.5 billion euros.
Net income fell 13 percent and 11 percent ($1.5 billion and $3.8 billion), respectively, but this result is due to write-offs in the spacecraft manufacturing units.
Operating profit from core activities increased by four percent, to 5.8 billion euros, and this year the group expects to bring it to 6.5-7 billion euros.
In total, the company delivered 735 aircraft, which is 11 percent more than in 2022.
As a result, Airbus for the fifth time in a row surpassed its main competitor, the American corporation Boeing, which has 528 aircraft and a net loss of $2.2 billion.
Earlier, Russian President Vladimir Putin called for the faster start of production of new domestic aircraft, pointing out that the country is one of the few in the world who has the capacity to create aviation equipment.
As of February 2024, none of the new aircraft that are included in the program for the development of civil aviation until 2030 has not yet made the first flight in the configuration in which its mass production is expected.

This growth is fueled by Asian demand and a proven adaptability to regulatory pressures and lifecycle management trends.

- Manufacturers are prioritizing efficient, sustainable aircraft amidst rising fuel prices and tightening emissions standards, making investment in new-generation models and services attractive.

Title:

Content: News iz
6,745 followers
Soft is good
Import substitution in aviation attracts a lot of attention, but mainly in the production of aircraft.
But aviation is also a multi-billion dollar market for IT solutions.
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What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

**Industry Trends & Risks:**
- Full recovery in aviation fuel demand anticipated within 1–2 years, but regional fluctuations (especially in Asia) persist.

- Global uncertainty around recession and interest rates pose short-term risks; economic downturns could dent both travel demand and airlines’ fleet investment capacity.

- Fleet maintenance and secondary markets (e.g., part reuse, IT solutions) are gaining importance, as seen with the Airbus Chengdu project.

Title:

Content: News iz
6,745 followers
Soft is good
Import substitution in aviation attracts a lot of attention, but mainly in the production of aircraft.
But aviation is also a multi-billion dollar market for IT solutions.
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What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

- The sustainability transition (recycling, efficient fleets) and Asia-centric growth are shaping the competitive edge for forward-thinking manufacturers.

**Long-Term Investment Implication:**
- Airbus appears best positioned for long-term growth via strategic investments in Asia and lifecycle sustainability, capturing both new and recurring revenue streams.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

- Boeing faces headwinds in certain regions but remains a global leader; monitoring its moves on sustainability, product renewal, and emerging market partnerships is crucial.

- The greatest aerospace stock upside lies with companies deeply engaged in Asia's growth, sustainability initiatives, and aftermarket/lifecycle services.

**Global Aircraft Demand & Aerospace Manufacturer Competitive Outlook – Summary Nuggets**

**1.

Title:

Content: Private.
Boeing chief: Saudi Arabia orders 121 aircraft
The total value of the aircraft was $35 billion.
Posted in: Last Updated:
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Dr. Brendan Nelson, CEO of Boeing International, said that Saudi Arabia is an important customer for us and a partner of Boeing International, and we are fully committed to supporting it in achieving its ambitious Vision 2030 in the aviation field.
Dr. Brendan Nelson said in an exclusive interview with Al Arabiya.
The Kingdom ’ s main focus for the aircraft it orders is wide-body aircraft, i.e. larger, twin-aisle aircraft such as the 777 and 787.
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"The new Riyadh Air has ordered 72 different 787 aircraft, while Saudi Airlines has also ordered 39 787 aircraft, in addition to other options of up to 10 additional aircraft, bringing the total number of aircraft from Saudi Arabia to 121, with a total value of about $35 billion, and we will work to deliver these aircraft on time, overcoming our supply challenges," he said.
"We are now competing with another company to win the Saudi contract to provide 737 slim hull aircraft to Saudi airlines," he said, noting that negotiations on that contract are ongoing so far and are confidential, and we are confident of achieving this because of the reliability of our exceptional aircraft and the appropriate prices we offer to the Kingdom.
“Delivering and delivering the aircraft ordered by Saudi companies on time is very important to us, but we do not seek rapid production at the expense of quality or safety, we are keen to ensure that supply chains match the requirements of delivering the aircraft to Saudi companies, ” he said.
Boeing ’ s outlook for the Middle East
“Our forecast for the Middle East for the next 20 years is that the region will need 3,000 new aircraft, and if we think about it, 8 hours of air travel from any of the major airports in the Middle East will cover 80% of the world ’ s population and 70% of the future economic growth areas in the next 20 years, ” he said.
“With economic growth estimated at 2.7 per cent per annum for the next decade in the Gulf region, air travel will increase by 4 per cent per annum, making the Middle East a very important global customer for Boeing. ”
Chinese Aircraft Manufacturing Company
As for the Chinese aircraft manufacturer, he said, "China is a great power and has re-emerged with a very strong economy, with a population of 1.4 billion people.
We support China ’ s development and construction of its own aircraft, the Comac C919 is a good and safe aircraft in our opinion, and perhaps by 2050 they control 10% of the market.
"But when we think about how big the aviation market is, it means there's extra business for everyone, whether it's Boeing or Comac, and certainly our main competitor."
“Boeing has experienced significant challenges in recent years in terms of accidents as well as the global pandemic, but our current situation is very strong as demand for commercial aviation in particular has risen to record levels as airlines revamp their fleets and the geopolitical environment has significantly increased global investment in defence, ” he said.
US $100 billion
“We expect our profits for 2025 and 2026 to be close to $100 billion, we expect 10% operating profit, and a free cash flow in 2025 and 2026 of about $10 billion, of which we will invest $3 billion in research and development. ”
“We are doing everything we can to decarbonise our industry and industry to achieve sustainable aviation, with aviation accounting for 2.6% of global heating emissions and nearly 12% of transport. ”
We are introducing sustainable aviation fuel as well as electricity, hydrogen and new technologies that improve the efficiency of aircraft performance and the way airlines operate their aircraft, and introducing new technology that helps to completely eliminate carbon emissions.
One of the key technologies is Weske, the urban self-driving vehicle, and we are in the advanced stages of developing the aircraft that will feature the same safety standards as commercial aircraft, and are working with regulators around the world to obtain certification.
We are also working with the US Space Agency to develop aircraft wings that enable them to fly at near the speed of sound along with engine technology from engine manufacturers, which we are confident will result in high air travel efficiency, significant reduction in carbon emissions, and lower fuel consumption, and will launch this aircraft in mid-2030.
And besides, we have a lot of covert military capability work with the Pentagon.
The overall challenges are decarbonising the aviation industry, which is a top priority for Boeing, and there are supply chain challenges that we expect to continue through 2023 and 2024.
To reduce supply chain challenges, we invest our resources to work with our suppliers, replicate supply chains in some regions in response to the geopolitical consequences of Russia ’ s invasion of Ukraine, and introduce new technology to improve supply chain efficiency.
The other challenge we face in general is the labor market. After we emerged from the pandemic, we started to see very tight labor markets in many parts of the world. Recruiting the people we need to meet our customers ’ requirements is a challenge. We are undoubtedly operating in a very complex environment with a major energy transition. In some parts of the world, we face a significant increase in energy prices. A truly global company.
In order to achieve this, we are developing engineering capabilities outside the United States, investing in engineering centers, 17 of which we have around the world now, as well as research and technology centers, as well as contributing to investment in countries with large markets and localizing our business in those countries.
These are some of the challenges we face.
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Air Travel Recovery and Growth**
- International travel saw a **41.6% growth in 2023**, rebounding to pre-pandemic 2019 levels by Q4, signaling strong pent-up demand and industry recovery.

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Content: TOURISM
IATA: 41.6% growth in international travel last year
touched 2019 levels in the fourth quarter of 2023
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The International Air Transport Association (IATA) confirmed that the recovery in air travel continued in December and that total traffic for 2023 came closer to touching demand levels before the coronavirus epidemic.
According to a press release issued by IATA yesterday, total travel in 2023 (measured in passenger revenue per kilometer) increased by 36.9% compared to 2022, and travel for the whole of 2023 was 94.1% of its 2019 levels.
Total travel traffic for December 2023 grew by 25.3% compared to December 2022, reaching 97.5% of the December 2019 level, according to the Emirates News Agency (WAM).
Travel traffic in the fourth quarter was 98.2% of 2019 levels, reflecting a strong year-end recovery.
According to another IATA statement on air freight traffic, the recovery continues with exceptional performance in the fourth quarter of 2023, and during November and December as some shipping companies switched to air freight instead of sea freight.
International travel in 2023 increased by 41.6% compared to 2022 and reached 88.6% from 2019 levels, and international travel in December 2023 grew by 24.2% compared to December 2022, reaching 94.7% from December 2019, and travel in the fourth quarter reached 94.5% from 2019 levels.
Local travel
Domestic traffic for 2023 grew 30.4% compared to the previous year and domestic traffic in 2023 was 3.9% higher than the level for the whole of 2019.
Domestic traffic in December 2023 grew by 27% compared to the same period a year earlier and was 2.3% higher than in December 2019, while travel in the fourth quarter was 4.4% higher compared to the same quarter of 2019.
IATA Managing Director Willie Walsh said: “The strong recovery continued and traffic in December 2023 was only 2.5% below 2019 levels, with strong performance in the fourth quarter encouraging airlines to return to normal growth patterns in 2024.
Performance of international markets
On the performance of international markets, airlines in the Asia-Pacific region recorded a 126.1% increase in international traffic for the whole of 2023 compared to 2022, maintaining the strongest year-on-year rate among regions.
Capacity increased by 101.8%, while load factor increased by 9% to 83.1%, with travel in December 2023 up 56.9% compared to December 2022.
European airline traffic for the full year grew by 22% compared to 2022, capacity increased by 17.5%, and load factor increased by 3.1 percentage points to 83.8%.
In December, demand rose 13.6% compared to the same month in 2022, and travel in December was higher than the corresponding month in 2019 for the first time since the start of the epidemic.
Airlines in the Middle East saw a 33.3% increase in traffic in 2023 compared to 2022, capacity increased by 26% and load factor increased by 4.4 percentage points to 80.1%, and demand in December increased by 16.6% compared to the same month in 2022.
North American airlines recorded a 28.3% year-on-year increase in traffic in 2023 compared to 2022.
Capacity increased by 22.4%, load factor increased by 3.9 percentage points to 84.6%, and travel in December 2023 increased by 13.5% compared to the same period last year.
Latin American airlines recorded a 28.6% increase in traffic in 2023 compared to the whole of 2022, annual capacity increased by 25.4%, load factor increased by 2.1% to 84.7%, the highest among regions, and demand in December increased by 26.5% compared to December 2022.
The annual traffic of African airlines increased by 38.7% in 2023 compared to the previous year, the capacity for the whole of 2023 grew by 38.3%, the load factor increased by 0.2% to 71.9%, and the travel of African airlines in December 2023 increased by 9.5% compared to December 2022.
Air Freight Recovery
Global air cargo markets data released by IATA yesterday showed that air cargo demand continues to rebound in 2023 with a particularly strong performance in the fourth quarter, with full-year demand reaching a level just below 2022 and 2019.
Full-year global demand in 2023, measured by freight tonnage per kilometre, fell 1.9% compared to 2022, while the decline for international operations was 2.2%, and compared to 2019, demand fell last year by 3.6% and 3.8% for international operations.
Capacity in 2023, measured by the available freight tonnage per kilometre, increased by 11.3% compared to 2022, while for international operations, the increase reached 9.6%, compared to 2019 levels, the capacity increased by 2.5%, and remained stable for international operations.
December 2023 saw exceptionally strong performance, with global demand exceeding 2022 levels by 10.8% and 11.5% for international operations, the strongest annual growth performance in the past two years, and global capacity was 13.6% higher than 2022 levels and 14.1% higher than the year ’ s levels for international operations.
Global cross-border trade grew for the third consecutive month in October, and December inflation in both the United States and the European Union, as measured by consumer price indices, remained below 3.5% year-on-year, according to the IATA statement, and the Chinese CPI pointed to contraction for the third consecutive month, raising fears of an economic slowdown.
The PMI for manufacturing production and new export orders, two key indicators of global air freight demand, continued to rise below the December 50 level, the usual indicators of deflation.
IATA Director General Willie Walsh said: “2023 saw air freight markets regain their lost growth in 2022 after the extraordinary peak that followed the coronavirus in 2021, and although year-long demand was 3.6% below pre-coronavirus levels, the significant growth in the last quarter is a sign that markets are stabilizing to more normal demand patterns. ”
“What demand saw in the last quarter puts the industry on a solid footing for success in 2024 but as instability continues and in some cases worsens, nothing is guaranteed in the coming months. ”
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- European airline traffic rose **22% year-over-year in 2023**, with expanding capacity (+17.5%) and higher load factors (now 83.8%).

- December 2023 marked the first time since 2019 that passenger demand exceeded pre-pandemic levels month-on-month.

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Content: The emirate welcomes more than 1,500 guests of global aviation leaders
Ahmed bin Saeed: IATA meeting in Dubai outlines air transport strategy in the coming period
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His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Airports, Supreme President and CEO of Emirates and the Group, said that Dubai ’ s hosting of the 80th Annual General Meeting of the International Air Transport Association (IATA) determines the strategy of air transport in the coming period.
This came on the sidelines of Dubai ’ s hosting of the 80th Annual General Meeting of the International Air Transport Association (IATA) and the World Air Transport Summit.
His Highness said in a blog post on his account on the platform « X » yesterday: « Dubai is proud to host the 80th annual General Meeting of the International Air Transport Association (IATA) and the World Air Transport Summit.
The first day began with the official dinner, welcoming more than 1,500 guests from the global aviation industry.
I look forward to the important discussions during the meetings and the decisions that will set the IATA strategic agenda for the period ahead. ”
His Highness added: I was pleased to receive His Excellency Abdullah bin Tawq Al Marri, Minister of Economy, during the 80th Annual General Meeting of the International Air Transport Association (IATA) this morning.
The aviation sector plays a pivotal economic role in Dubai and the UAE.
“As we host this year ’ s meeting, we further emphasised the importance of air travel in furthering our ongoing development journey. ”
Sustainable Flight
His Excellency Abdullah bin Tawq Al Marri, Minister of Economy, said in his speech at the meeting, which was attended by Saif Mohammed Al Suwaidi, Director General of the General Authority of Civil Aviation, that sustainable aviation fuel is expected to contribute 60% to the decarbonization of the aviation sector, stressing the UAE ’ s commitment to produce more than 700 million liters of sustainable aviation fuel annually by 2030.
The IATA Annual General Meeting is an exceptional opportunity to turn the industry ’ s ambitious goals into reality, paving the way for a more sustainable future.
Tim Clark, President of Emirates Airline, in his capacity as Chairman of the IATA General Assembly, said that Dubai has established its position in the global aviation field and flourished thanks to its policy and leadership vision that believes in the role of air transport as a key economic enabler, pointing out that the aviation sector contributed 27% to Dubai ’ s GDP last year and added $37 billion in total value.
“In today ’ s challenging world, aviation dialogue is critical, and our hosting of the 80th Annual General Meeting in Dubai, home to more than 100 airlines, underscores the vital role the industry plays in the country ’ s prosperity and promising future.
2nd globally
The International Air Transport Association (IATA) issued a report on the sidelines of the 80th annual general meeting of the International Air Transport Association (IATA) in Dubai and the World Air Transport Summit, which is being held for the first time in the UAE.
The report showed that the UAE ranked second in the world in transit travel with a total of 29.8 million passengers during 2023, and ranked eighth in the world in air connectivity, according to the classification of the International Air Transport Association (IATA).
He explained that the UAE has direct flights with more than 114 countries around the world, and provides passengers through its airports direct access to 319 international destinations.
The report revealed that passenger traffic through the country ’ s airports during 2023 reached more than 100 million passengers, while the number of passengers arriving in the UAE as a final destination recorded a record increase during the first quarter of this year of 18% year-on-year, while the UAE aviation sector added $47.4 billion (AED 174 billion) to the country ’ s GDP, in addition to supporting the sector for more than 777,000 jobs.
Data from the report also showed that Dubai International continued to lead global airports in international passenger traffic, with IATA saying that the UAE continues to benefit from its attractiveness for leisure and business travelers.
Financial performance
The report revealed an expected improvement in the financial performance of airlines in 2024 compared to its forecasts in June and December 2023.
Etihad expects airline net profit to reach $30.5 billion in 2024, up from $27.4 billion last year, an improvement from IATA ’ s December 2024 profit forecast of $25.7 billion.
According to IATA, the return on capital invested in 2024 is expected to reach 5.7%, about 3.4 percentage points below the average cost of capital, while operating profit is expected to reach $59.9 billion in 2024, compared to $52.2 billion in 2023, and revenues to $996 billion, a record in the history of the civil aviation industry.
According to IATA forecasts, the total number of passengers will reach 4.96 billion in 2024, while the total expenditure is expected to reach $936 billion and the total volume of air cargo to 62 million tons.
Profits
Willie Walsh, managing director of the International Air Transport Association (IATA), said: “In a world of growing uncertainty, airlines continue to boost their profits.
The projected net profit of $30.5 billion in 2024 is a significant achievement given the sector ’ s losses during the pandemic.
With the number of air passengers expected to reach about 5 billion in 2024, the human need for air travel is stronger than ever.
The global economy relies on air freight to deliver $8.3 billion worth of trade, making aviation one of the most vital sectors for economic growth and prosperity.
Enhancing the profitability of airlines and improving their financial flexibility are important areas to focus on, as profitability allows investment in products to meet customer needs, as well as in sustainability solutions, as we need to achieve zero carbon emissions by 2050.
The return on invested capital of 5.7% is much lower than the cost of capital, which is more than 9%.
Earning just $6.14 per passenger is an indicator of how small profits are, barely enough to buy a cup of coffee in many parts of the world.
In terms of air freight, Etihad expects freight revenue to fall to $120 billion in 2024 (from $138 billion in 2023).
Both years were also down sharply from the 2021 record of $210 billion, but higher than 2019 revenue of $101 billion, an improvement from the previous forecast of $111 billion announced in December 2023.
Despite strong demand, shipping revenues are expected to decline by 17.5% in 2024, while remaining slightly above 2019 levels.
This is a return to normal levels after the record levels recorded during the pandemic.
A key factor contributing to this is the large belly storage capacity that entered the market in 2023 as passenger markets rebounded.
Expenses
In terms of operating expenses, Etihad expects the average price of aviation fuel to reach $113.8 per barrel in 2024, which means a total fuel bill of $291 billion, representing 31% of total operating costs, as high crude oil prices continue to negatively impact record margins for aviation fuel refining, which are expected to reach 30% in 2024.
Indicators confirm that sustainable aviation fuel will meet 0.53% of the global fuel demand in 2024, which will cost $3.75 billion, which represents an additional $2.4 billion to the cost of purchasing the same amount of aviation fuel, and the carbon dioxide emissions from the industry in 2024 is expected to reach 935 million tons from the consumption of 99 billion gallons of fuel.
The total number of airline employees is expected to reach 3.07 million, which is just over 2.93 million in 2019.
Fleets
Etihad expects a stock of 38.7 million flights to be available in 2024.
This is 1.4 million fewer flights than previously estimated (December 2023), largely due to slower deliveries in the face of ongoing supply chain issues in the aviation industry.
The number of aircraft deliveries scheduled for 2024 is expected to reach 1,583.
The Middle East benefits from the strength of the region ’ s economies and global hubs as the UAE continues to capitalise on its appeal to leisure and business travellers alike.
Saudi Arabia ’ s massive investment in infrastructure and tourism is also driving strong growth in passenger and cargo volumes.
Although airlines continue to increase capacity, revenues remain good and demand for travel remains booming and looks set to continue.
Geopolitical risks are the main threat, especially for airlines in the Levant region, while Gulf carriers will be relatively less affected unless tensions between Iran and Israel escalate.
Data exchange
Etihad Airways announced that 40 airlines have signed a formal agreement to include their flight data in the IATA flight data exchange program, with another 40 companies currently preparing to join the program as well.
The flight data exchange program was launched in October 2023, and the first version is scheduled for launch in March 2025.
The flight data exchange program collects data on flight schedules, capacity and minimum time required for connecting two flights, extracted from various IATA products and services used to support network development, revenue management, and coordination of appointments and agreements between airlines.
The number of airline CEOs adhering to the IATA Safety Leadership Charter has reached 73.
The move reflects the strong presence of a safety culture in the aviation industry that has achieved some of the best achievements in this area in 2023, including zero deaths recorded by member airlines of the Union, or airlines listed on the IATA Operational Safety Audit Register.
The Federation developed the Safety Leadership Charter in consultation with its members and the aviation community to support senior executives in establishing a positive safety culture within their organizations.
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Regional Growth Engines**
- **India** continues to emerge as a massive growth driver: low-cost carrier IndiGo signed a **record 500-aircraft deal with Airbus**—the largest-ever single order—showcasing India’s surging domestic and international travel prospects.

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Content: General Supervision
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General Supervision
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Editor-in-Chief
Thank you for your patience.
Airbus signs record 500 aircraft deal with Indian airline
Airbus (AIR.PA) announced a record 500 aircraft deal with Indian airline IndiGo (INGL.NS) on the first day of the Paris Air Show on Monday, as strong demand for aircraft and air defenses competed for attention to the industry ’ s supply chain problems.
The multi-billion-dollar deal for single-aisle aircraft – the largest ever in terms of number of aircraft – confirmed a Reuters report earlier this month and surpassed Air India ’ s interim purchase of 470 Airbus and Boeing (BA.N) aircraft earlier this year.
The world ’ s largest air show, which alternates with Britain ’ s Farnborough, is being held at Le Bourget for the first time in four years after the 2021 edition fell victim to the epidemic.
French President Emmanuel Macron traveled to the crowded space bazaar by helicopter and watched an overflight show that included the latest development of Airbus ’ A321XLR aircraft, and Air Force including the French Rafale fighter.
On the civilian side, aircraft manufacturers have arrived with increased demand expectations as airlines rush to be able to meet demand and help reach the industry ’ s net zero emissions targets by 2050.
But they also face a challenge to meet this demand as suppliers struggle with rising costs, a shortage of spare parts and a dearth of skilled labor in the wake of the epidemic.
Industry executives say up to 2,000 aircraft orders are on the table for takeover around the world in the emerging commercial aircraft market, on top of those already provisionally announced, as airlines try to fill the void left by the sharp decline in activity in the COVID crisis.
But they said only part of these potential new deals would be ready in time for this week ’ s air show, which could see a mix of new and frequent announcements.
Agency Partners analyst Sach Tossa said: “Only when these appear in the year-end backlog do we have any idea of the market ’ s strength and the quality of orders.
The IndiGo deal highlights the growing importance of India, the world ’ s fastest-growing aviation market, serving the largest population, to aircraft makers.
Peter Elbers, CEO of IndiGo, told a press conference.
In another major market, Airbus said Saudi low-cost carrier flynas had confirmed an order for 30 of its narrow-body A320neo jets, confirming a Bloomberg report.
The air show takes place in the shadow of the conflict in Ukraine, with no Russian presence in the chalets and galleries unlike the last event four years ago.
A Ukrainian minister told Reuters that Kiev is in talks with Western arms manufacturers to boost production of weapons, including drones, and may sign contracts in the coming months.
Belgium has said it will apply to join as an observer for the potential successor of the Rafale and Eurofighter multinational fighter jet, the French-German-Spanish fighter project FCAS, despite differences among industrial partners over whether to expand.
France ’ s Thales (TCFP.PA) also announced a contract with Indonesia to purchase 13 long-range air surveillance radars.
Looking at the rest of the offer, Air India may end its recent huge order, split between Airbus and Boeing, as Irish tenant Avolon finishes a deal with Boeing that is seeing a relatively quiet offering after a series of recent orders.
Airbus is seen close to a potentially big deal with Mexico ’ s Viva Aerobus, but by Monday, some sources expected the size to be closer to 60 compared to the three figures first reported, with no guarantee of this week ’ s result.
With increased bargaining power available to them due to supply shortages, airline executives say aircraft makers are becoming tougher on price and more cautious than they were on previous bikes.
In the meantime, engine makers are making bets on fuel-saving technology that will affect how aircraft evolve in the next decade.

- **Middle East:** Saudi Arabia and the UAE are aggressively expanding fleets, with significant **Boeing wide-body deals** and investment in global aviation infrastructure, underpinned by robust economies and strategic global hubs (e.g., Dubai).

The sector is critical for Dubai (27% of GDP, ~$37bn economic impact).

- **Middle Eastern airlines** benefit from regional economic strength and geography, leveraging both leisure and business travel demand.

Industry Leaders: Airbus vs Boeing**
- **Airbus** is currently outpacing Boeing in new orders, particularly after massive Indian deals, and is scaling **single-aisle production to 65 units/month** (up from ~45).

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Content: Orders for Airbus are superior to Boeing.
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The first major air transport exhibition, since the beginning of the spread of the coronavirus in Dubai, showed a great disparity in terms of trade performance between the European Airbus and the American Boeing as the sector emerges from the crisis that hit it for months.
As with every high-level international gathering in the sector, attention has focused on the two major aircraft manufacturers, who are scrambling to attract orders, but competition in Dubai has not been very intense, as Airbus appeared to have overcome the COVID-19 crisis with orders and agreements announcing intentions to sell 408 new aircraft, surpassing orders from the Paris exhibition in 2019, in exchange for contracts to sell 78 Boeing aircraft. G ".
The European manufacturer has hit hard since the first day of the Dubai show on Sunday with a firm order for 255 single-aisle A-321s, a plane whose range and capacity offer passengers flexibility that increases its appeal to airlines.
Airbus president Guillaume Fawry in Dubai said: “The prospects are beginning to blossom.
Airlines are also starting to look further ahead and prepare for the post-crisis period. ”
While global travel, still at half its 2019 level, is expected to recover between 2023 and 2025, demand for new aircraft should rise in the next 20 years, according to aircraft manufacturers.
Airbus expects to sell 39,000 planes and Boeing 43,000 to cope with the increase in travel and get planes that consume less fuel and thus emit less carbon dioxide.
The U.S. aircraft maker appeared conservatively at the show, announcing in a statement a major order for 72 single-aisle 737-MAX aircraft for India ’ s newly established Akasa Air.
The 737 Max crashes, 787 production problems and delays in the adoption of the future 777X wide-body aircraft caused the company to stumble.
Boeing Commercial Director Ehsan Munir told reporters that “safety and quality will be the guiding principles of everything we do. ”
The company showed at the exhibition the 777X aircraft for the first time outside the United States, in an indication of the near licensing, especially as the Dubai-based Emirates airline alone accounts for a third of the orders on the expected aircraft, but « Boeing » did not announce the start of the process of manufacturing a cargo version of the aircraft, as was hoped in Dubai, noting that this will be « soon ».
Airbus CEO Guillaume Fawry said the range of orders the company received at the Dubai Airshow this week had boosted its hopes of increasing production.
Airbus received 265 confirmed orders at the Dubai show, narrowing the gap with Boeing, which has topped sales this year as its 737 MAX emerges from a safety crisis.
A further 139 temporary orders raised Airbus ’ Dubai tally to more than 400 aircraft, while Boeing picked up firm orders for 72 MAX jets.
Airbus has agreed to increase production to 65 single-aisle aircraft per month by 2023 from an average of 45 scheduled for this quarter.
In addition, Airbus has asked suppliers to consider production rates of 70 aircraft by early 2024 and 75 by 2025, but has not yet made a decision.
Some suppliers have criticized the plans, expressing concern that recovery from the coronavirus epidemic remains incomplete.
Fawry told Reuters in an interview this week: “We are in the process of evaluating the application.
What happened (in Dubai) is important, because it gives, along with expectations and other upcoming deals, evidence that the demand we see for 70 / 75 will continue for many years. ”
The view of demand based on orders received by Airbus and its own assumptions based on conversations with airlines is in line with the picture provided by the new Airbus market outlook published at the show.
Airbus deliveries have fallen in the past three months, partly due to supply chain disruptions.
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What happened to the market shares between Boeing and Airbus after the Covid-19 crisis?

Airbus announced order intent for 408 new aircraft, while Boeing has secured contracts for 78 aircraft.

- **Boeing** regaining ground post-737 MAX crisis, posting strong Middle East orders and forecasting a **doubling of the global commercial fleet over 20 years**.

Title:

Content: North Charleston, South Carolina assembly plant owned by Boeing (AFP)
Boeing expects to double the number of commercial aircraft in the next 20 years
Boeing expects to double the number of commercial aircraft worldwide in the next 20 years, according to estimates published by the company on Sunday, slightly higher than the expectations of its rival Airbus.
The company expects the number of aircraft in service to reach 48,575 aircraft in 2042 compared to 24,500 last year, which will necessitate the production of 42,595 aircraft, half of which will be dedicated to the replacement of the fleet currently used, and the other half to ensure the growth of the sector.
After the Coronavirus crisis, we move from a recovery phase to restoring the foundations of the airline industry
Boeing Commercial Marketing Officer Darren Halst
Twenty-three percent of the new aircraft will go to North America, 22 percent to Asia Pacific, 21 percent to Eurasia, and 20 percent to China alone.
Boeing said the demand for cargo planes would remain strong at 3.5 per cent a year, outpacing the increase in global trade, estimated by Boeing at 3 per cent a year over 20 years.
The forecast, released on the eve of the opening of the Le Bourget International Air Show on the outskirts of Paris, is close to figures published by Boeing last year, which estimated the number of aircraft in 2041 to be 47,080.
Airbus expects the world will need 40,850 new passenger and cargo aircraft by 2042, raising the global fleet to 46,560 from 22,880 in early 2020.
Darren Halst, Boeing ’ s commercial marketing officer, said: “After emerging from the coronavirus crisis, which has heavily impacted demand, we are moving from a recovery phase to restoring the foundations of the airline industry for 60 years. ”
Fixing a digital flaw in the systems of some Boeing aircraft
He pointed in particular to the link between travel and global GDP growth, which will reach 2.6% a year, representing a 70% increase over two decades, which will increase the size of the middle class by 500 million people who are more likely to travel by air.
Boeing also believes that low-cost companies will continue to grow in the next 20 years and "more than double in size," though the pace will be weaker than in the past two decades, when its fleet grew six-fold.
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However, Boeing has struggled with profitability and delayed deliveries, while Airbus reported record profits.

Title:

Content: Global Economic News
Despite the COVID-19 crisis,
Airbus earns the highest profit in its history with 4.2 billion euros
Airbus will distribute dividends to shareholders with plans to offer a €1.5 share per share.
Airbus returned to growth in 2021 with the biggest profit in its history, unaffected by the historic air transport crisis in the wake of the COVID-19 pandemic.
After posting losses for two consecutive years, the European planemaker reported a net profit of 4.2 billion euros in 2021, surpassing the 2018 record level of 3.1 billion euros at a time when it was manufacturing nearly a quarter more aircraft than the current number.
Guillaume Fawry, the group ’ s chief executive, said in a statement that “our focus has shifted from managing the epidemic to recovery and growth. ”
Fawry attributed these "remarkable" results to the increase in the number of commercial aircraft delivered, which amounted to 611 aircraft in 2021, an increase of 8 percent over 2020, to the "good performance" of space and defense activities, as well as to the helicopter division "and" the focus on cost reduction and competitiveness ".
The volume of deliveries is a reliable indicator of profitability in the aircraft industry, with customers paying the bulk of the bill when they receive the aircraft.
In its 2022 guidance, Airbus said it “does not expect further disruption to the global economy, air traffic, the company ’ s internal operations and its ability to deliver products and services. ”
Airbus will distribute dividends to shareholders with plans to offer a stake of 1.5 euros per share, after cancelling it in the past two years.
But U.S. rival Boeing did not make a profit, posting a loss for a third year in a row in 2021 as the cost of delayed deliveries of the 787 and more expensive production runs higher.
Aviation collapsed in 2020 as the COVID-19 pandemic forced countries to close their borders.
Since the start of the health crisis, Airbus has cut production significantly and announced the abolition of 15,000 jobs before finally reducing that number to 10,000.
The group, which had 126,000 employees at the end of 2021, plans to employ at least 6,000 people this year.
Airbus, whose production has fallen by a third to 40 A320 single-aisle aircraft (A319, A320 and A321) per month since April 2020, was producing about 45 aircraft per month at the end of 2021.
It plans to increase its production to 65 A320 aircraft per month in 2023, an unprecedented number.
Revenue increased 4 percent to 52.1 billion euros last year thanks to the number of commercial aircraft delivered.
Its operating profit was €477 million at the time the company abandoned its A380 Jumbo program.
It received 507 new orders, more than twice as many as in 2020, including the first orders for the new E-350 cargo plane.
While the frequency of air travel remained low last year, and will return to pre-COVID-19 levels only in 2023 for domestic travel and in 2025 for long-distance flights, "it has become clear that people want to fly again and will do so as soon as travel restrictions are lifted," Fawry told a news conference.
The pace of global travel is expected to double, compared to pre-epidemic levels, by 2050.
Airlines struggled with travel restrictions last year, especially in Asia, where China imposes strict border measures.
Air France-KLM reported net losses again in 2021, though less than half of what they were in 2020, at 3.3 billion euros.
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- Both face supply chain headwinds—rising costs, spare parts shortages, and labor gaps remain significant constraints on delivery rates.

Market Segments and Product Trends**
- Demand is strongest for **fuel-efficient single-aisle jets** (Airbus A320neo, Boeing 737 MAX) that align with carriers’ cost and sustainability mandates.

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Content: Boeing cuts its forecast for commercial aircraft demand
Despite widespread concerns, demand for cargo planes remains strong
Ayman Azzam
8: 47 PM, Sunday, 17 Jul 22
Boeing has cut its forecast for commercial aircraft demand for the coming decades as deliveries are weighed down by the prospect of slowing global economic growth and uncertainty about Russia.
In its latest long-term market estimate, Boeing expects manufacturers to deliver about 41,170 new aircraft to customers through 2041.
This is a slower pace than forecast a year ago, when the company estimated 43,610 deliveries over a 20-year period to 2040 (a 5.5% decline).
Boeing also cut its forecast for annual passenger traffic growth over the next 20 years from 4% to 3.8%.
The discounted outlook sheds light on how geopolitical and economic disruptions are permanently affecting the commercial aviation industry.
Boeing ’ s rival Airbus similarly lowered its forecast for travel demand for the next two decades, citing rising energy costs as a key factor behind the decline.
Reduced demand for new aircraft
Darren Holst, Boeing ’ s vice president of commercial marketing, said his company also expects lower global economic growth until 2041 than last year ’ s forecast, which also translates into lower demand for new aircraft.
The latest forecast by the U.S. planemaker rules out any possible future deliveries to buyers from Russia, which has already been excluded from the global aviation market due to sweeping sanctions imposed by the United States and other countries following its invasion of Ukraine.
Boeing predicted last year that Russian customers would make up about 1,500 aircraft sales over the next two decades.
Holst told reporters before issuing the forecast: “Russia is not a viable market for us. ”
Demand for commercial aircraft
Despite widespread concerns, demand for cargo aircraft remains strong, with the global fleet expected to grow to 3,610 aircraft in 2041, from 2010 aircraft in 2019.
Sales of new aircraft are expected to be strong over the next decade, as airlines strengthen their fleets to meet the burgeoning demand for air travel after the coronavirus pandemic.
Based on this estimate, Boeing estimates that airlines will need 19,575 new aircraft by 2031, compared to 19,330 by 2030 as projected last year.
Holst said: “There is a huge amount of airport runways waiting for the travel industry to return to normal levels. ”

What does Cirium Fleet Forecast predict about the market share of new aircrafts?

In the next 20 years, Airbus A320 and Boeing 737 Max will account for 50% of deliveries of 150 seat planes.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

- The **wide-body segment** is seeing renewed demand in high-growth regions (Saudi Arabia, Emirates), reflecting global travel and economic ambitions.

- **Freighter demand** is robust (Boeing projects +3.5% CAGR), outpacing general trade growth.

Challenges**
- Rising oil prices could challenge airline profitability and delay recovery in some markets.

Title:

Content: 08: 34
Economic Bulletin (10 / 11 / 2021)
IATA Director-General Willie Walsh has warned that rising oil prices could delay the recovery of some airlines and that another challenge is the lack of labour needed by the sector.

- Supply chain/labor shortages hamper manufacturers’ ability to meet surging order books.

- Operating margins remain slim ($6.14/passenger global average), keeping financial discipline crucial.

Strategic Shifts & Innovation**
- Focus on greater **production efficiency**, digitalization, and sustainable aviation (lighter, greener aircraft).

Title:

Content: March 10, 2022
Abu Dhabi UAE
Prayer times
Flying...
Taking off from epidemic airports
Flying...
Taking off from epidemic airports
March 6, 2022 16: 52
Hassouna Al Tayeb (Abu Dhabi)
Major industries typically take over the helm of the economy and create jobs in society.
The growth of the world economy in the past decade has been boosted by developments in various industries, in particular technology, science, health and manufacturing.
As the pace of spending and wealth increases around the world, existing industries grow and others disappear from the scene amid the rising development of human society.
It is the responsibility of large industries to provide essential products and services that improve the lives of billions of people around the world.
The aviation industry is among the industries most affected by the COVID-19 virus, with Boeing, for example, suffering losses of about $11.9 billion in 2020.
This industry includes a number of companies that are involved in the development and manufacture of aircraft for purposes including commercial, passenger, military, cargo, government, surveillance and refueling of other aircraft in the air.
It also includes sales by private companies of equipment used for space flights and missions.
The value of the global aviation sector declined to $359.3 billion in 2020, from $818.3 billion in 2019, as a result of the Coronavirus epidemic, with expectations of $471.8 billion this year.
The aviation industry encompasses almost all aspects of air travel and related activities.
This means that it includes the entire aviation sector, the aircraft industry, research companies, military aviation, and others.
The term aviation is usually used to describe mechanical air transport that is carried out through the use of aircraft.
The sector consists of two types of aircraft, regular and helicopter, as well as the new type of drones.
The aviation industry has two types of activity, the first related to passenger and cargo transport, while the second includes aircraft manufacturing, research operations, safety and military aviation, as well as companies specialized in the production, design and use of drones.
The importance of the aviation industry lies in connecting different continents, countries and cultures, as well as facilitating long-distance travel.
It also contributes significantly to the global economy, trade between countries and the creation of millions of jobs around the world.
Among the largest aircraft manufacturers are Boeing, Airbus and Lockheed Martin.
The European Airbus, which has industrial facilities in Germany, France and the Netherlands, is the largest in the world.
The Airbus A380 is also the largest aircraft in the world.
American Boeing, based in Chicago, comes in second place.
In addition to producing military aircraft, the company is also known for manufacturing spaceships.
Lockheed Martin is the world's largest manufacturer of warplanes, including the F-16, F-35 and others.
Aircraft manufacturers are planning to reduce the rate of production of large aircraft and focus on smaller ones, a trend that began just before the outbreak of the pandemic.
These companies are working to convince airlines to buy this type of aircraft because of its fuel efficiency of 15%.
Among the largest suppliers in the aviation industry are United Technologies, General Electric Aviation, Safran, Rolls-Royce Holdings, Honeywell Aerospace and others.
The activities of manufacturers vary from the design, construction, testing, sale, maintenance and production of spare parts, spaceships and others.
The value of aircraft production in 2015 was about $180.3 billion, of which 61 percent was for airlines, 14 percent for business and general aviation, 12 percent for military helicopters and about 3 percent for civilian helicopters.
The value of maintenance, repairs and refurbishment of the aircraft is estimated at $135.1 billion, bringing the total volume of production to $315.4 billion.
Boosting demand activity is the growing affluence of the middle class in emerging markets.
Air traffic is expected to rebound significantly in Latin America and Africa, although these regions are expected to suffer even more from the spread of COVID-19.
While the proportion of aircraft grounded is usually estimated at 10%, it rose to 60% during the epidemic for 13,350 aircraft.
According to data from Asnad Aviation Consultancy, 902 new aircraft were ordered from Boeing and Airbus this year, excluding cancelled orders and orders from non-profit customers, compared to 672 in 2020.
In this climate of awakening, airlines are planning to renew their fleets, driven by a rebound in summer travel, even in Europe, despite the slower pace of recovery from the epidemic than in the United States.
All rights reserved to Al Ittihad Newspaper 2022 ©

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

- Manufacturers diversifying: Airbus remains the main civil aerospace profit leader; Boeing has ongoing military/defense business; Lockheed Martin focuses on defense and space (not a civilian aircraft delivery leader, but relevant in broader aerospace).

Title:

Content: Alert
Yen Qing Bao: The largest number of people in 37 years
Ronggang high gross profit product smooth
The increase in orders for Airbus and Boeing ’ s two largest aircraft manufacturers has driven the demand for special steel in Taiwan ’ s supply chain. Ronggang (5009) has benefited greatly, with more than 8 billion yuan in orders on hand.
The legal person said that the growth momentum of Ronggang's production and sales is relatively obvious, and the order volume has a long-term contribution to the momentum, which has an added effect on the future market operation.
On Friday (12), the stock price of Ronggang closed at 52.5 yuan, down 0.1 yuan.
Wang Chung-fen, chairman of Ronggang, pointed out that the net orders of the world's two major aerospace systems plants in 2023 have increased significantly, with Boeing growing 1.7 times and Airbus 2.5 times, and the number of passengers increasing significantly, while the backlog of orders continues to accumulate.
Although Boeing has recently faced the challenge of aviation safety, but basically only delayed the production plan for a few months, judged to be a short-term issue and limited impact, and did not affect customer orders, long-term demand trend is still there, at this stage, the demand in the Americas is particularly strong, the aerospace industry is expected to still have a period of prosperity.
Wang said, looking forward to the market performance, the overall order visibility has reached more than half a year, in the order volume of more than 8 billion yuan, high gross profit products received orders to continue to maintain a high level, last year the weak market situation of tool steel, America, Asia also in the first quarter of stock, especially South Korea, India market is the most obvious, overall tool steel better than the second half of last year. It can support production line demand, and it is estimated that the full-year revenue in 2024 will be better than that in 2023, maintaining a stable growth trend.
In addition, the construction of 50 tons of steel smelting furnace into the commissioning, production stage, has been carried out detailed process planning, began to stage related production, testing, adjustment, equipment capacity expansion, the new high-end tool steel products, the future will also be 50 tons of furnace production, in order to enter the European, American and Japanese high-end application markets.
In addition to continuing to expand the application of high-end hot working steel in end-user molds this year, it will continue to develop new products for the precision plastic mold industry to replace foreign imports and enhance the overall domestic independent technology energy and cost competitiveness.
In March, the combined revenue was 1.26 billion yuan and the first quarter revenue was 3.4 billion yuan, up 2.2% and 2.8% respectively from the same period last year.
Jung Kang Hang Tai
Extended reading
The owner of the heavy machine blindly reported to the police... a financial loss of 100,000 yuan.
Enlighten the child ’ s ability to sleep / baby has difficulty falling asleep during the long tooth period?
Use the tools. Be attentive.
She also received foreign guests, such as Miss Concierge on the National Day.
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Friday, 10 March 2023, 13: 00 HKT / SGT
Share:
Source Impro Precision
Full Year 2022 Revenue Up 15.3% YoY to HK $4,354.7 Million
Profit attributable to shareholders of the adjusted company of HK $649.1 million, up 53.7% year-on-year
Annual dividend of 16.0 HK cents per share, up 58.4% year-on-year
Forward to promote the three strategies of "globalization layout", "diversified terminals" and "twin-engine growth"
Achieve the desired performance with exceptional resilience
HONG KONG, 10 March 2023 - (ACN Newswire) - Eagle Precision Industries Limited (“Eagle ” or the“ Group ”), the world ’ s leading manufacturer of high-precision, high-complexity and performance-critical components, is pleased to announce today its full-year results for the twelve months ended 31 December 2022.
In 2022, the Group achieved solid revenue growth in the aviation, medical, energy and diversified industrial end-markets.
During the year, Group revenue was HK $4,354.7 million, up 15.3% from last year.
Profit attributable to shareholders of the Company was HK $582.0 million, a significant increase of 52.0% over 2021.
Adjusted profit attributable to shareholders of the Company was HK $649.1 million, a significant increase of 53.7% year-on-year.
Adjusted basic earnings per share of 34.5 HK cents.
The Group declared the 2022 second interim dividend of HK $8.0 per share in lieu of the final dividend. Together with the issued 2022 first interim dividend of HK $8.0 per share, the annual dividend amounted to HK $16.0 per share, representing a significant increase of 58.4% over the previous year ’ s dividend of HK $10.1 per share.
During the year, the Group ’ s revenue in the aviation, medical and energy end-markets increased significantly by 53.6% to HK $515.8 million.
Among them, the Group benefited from the relaxation of international passenger entry quarantine restrictions in some countries in Europe, the United States and Asia, which led to the recovery of the aviation market, and helped customers solve the supply chain shortage in the past two years and jointly developed a large number of new parts in the aviation terminal market, driving the revenue of aviation business increased by 52.8% year-on-year to 290.9 million Hong Kong dollars.
The medical end market benefited from rising demand for various medical equipment, driving sales revenue up 32.1% to HK $152.4 million, while rising global energy prices and the Group ’ s acquisition of Foshan Meilong in August 2022 successfully pushed the energy end market sales up 141.7% to HK $72.5 million.
In addition, the Group also performed well in the diversified industrial end-market, with revenue in this segment increasing by 24.5% year-on-year to HK $2,139.4 million.
Among them, the demand for high-horsepower engines increased due to factors such as the introduction of increased investment in infrastructure projects and other economic stimulus policies by the US government, and the revenue of this segment increased by 38.1% to HK $463.1 million.
At the same time, thanks to new product development and increased market share, the leisure and entertainment ship and vehicle terminal market sales also increased by 31.2% to HK $248.2 million.
The Group also recorded a 29.1% growth in the agricultural machinery end-market, with revenue reaching HK $353.3 million.
The commercial vehicle end market benefited from the continued growth of demand in the United States and Europe, with sales revenue increasing 18.7% during the year.
In the complex and changeable environment of 2022, with the forward-looking "globalization layout", "diversified terminals" and "twin-engine growth" strategies, the Group has successfully resisted regional risks and effectively hedged the cycles and fluctuations of different terminal markets, and achieved considerable performance growth.
During the year, the third plant in the SLP park in Mexico, the melt casting plant, was officially put into trial production in November, and together with the precision machining plant and sand casting plant, which were put into operation in 2021, the park has become an increasingly important part of the group ’ s global production capacity.
The remaining aviation parts plants and surface treatment plants are also building and installing machinery and equipment, and are expected to officially start trial production and aviation system certification within 2023.
With the further improvement of the production layout in Asia, Europe and the United States, the strategy of "regional manufacturing" and "dual source production" can effectively reduce the potential supply chain and tariff risks caused by customers' geopolitics, and continue to help the Group expand its market share in North America.
Following the opening of borders around the world last year, at the beginning of 2023, China has also significantly relaxed entry and exit restrictions, which means that the international aviation market is officially on the road to full recovery, and the Group ’ s sales in the aviation terminal market are expected to continue to grow strongly from 2023 to 2024.
In the middle of the epidemic, the Group has actively planned a forward-looking layout in the aviation field, established an "Aviation Technology Division", and completed the acquisition of Foshan Meilong Manufacturing Technology Co., Ltd., which focuses on high-precision and high-complexity core components in the terminal market, such as commercial airliners, so as to play a synergistic effect with the existing business in sales network and supply chain management.
At the same time, the Group is committed to the layout of diversified industrial terminal markets, in the global energy prices, the United States government increased investment in infrastructure, and other factors, the high-horsepower engine, agricultural machinery and construction machinery terminal market showed strong growth, the Group acquired Danfoss Jiangsu hydraulic cycloid motor business during the year, further expanding the hydraulic parts and systems business.
In addition, with the increasingly stringent requirements for commercial vehicle emission reduction in different countries, coupled with the future development of hydrogen energy commercial vehicles, will provide sufficient market opportunities for the Group, the Group will further focus resources on the development of commercial vehicle terminals to reduce the impact of passenger car electrification.
Looking forward to the future, although the haze of the pandemic has dissipated, the overall global economic environment, especially the European and American economies, still have considerable downward pressure, high inflation and geopolitical uncertainties continue to affect macroeconomic growth, and the continuous tight supply chain will put the Group under certain pressure.
However, the Group ’ s “global layout ” and“ diversified terminal ” strategies effectively buffer the associated risks, and the SLP campus in Mexico further strengthens the Group ’ s global production layout, the Group remains cautiously optimistic about its long-term business prospects.
As at 28 February 2023, the Group ’ s total outstanding orders on hand in the next 12 months amounted to HK $3,980 million, an increase of 6.2% year-on-year.
As the two acquisitions completed in the second half of 2022 are mainly domestic customers, the order cycle is different from overseas customers, and the order cycle is generally short, but the management is confident that the Group will gradually release the synergies of these two acquisitions and promote sales to maintain good growth in 2023.
Mr. Lu Ruibo, Chairman and Chief Executive Officer of Yingpu, said: "Looking forward to the future, the Group will continue to grasp the unique advantages of 'globalization layout' and 'diversified terminals', use the global manufacturing and marketing network of Asia, Europe and the United States to actively expand the aviation field and diversified industrial terminals, and respond to the cycles and fluctuations of the global market with Yingpu's unique and outstanding toughness.
At the same time, in addition to expanding production capacity, the Group will continue to implement the "twin-engine growth" strategy and find suitable M & A targets.
The Group will also continue to enhance its R & D standards, continue to focus on high-precision, high-complexity and performance-critical components and hydraulic systems, provide customers with high-quality and unique global products and services, continue to consolidate the Group ’ s global leadership in the industry, and strive for sustainable value growth for shareholders. ”
Topic Press release summary
Sectors Finance, Business, Manufacturing
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