MANUFACTURING TRENDS: AEROSPACE


Civil Segments Heading for a Downward Glide Path


Orders for military aircraft—particularly fi ghters—are on the upswing


Richard Aboulafi a


Vice President, Analysis Teal Group Corp. Fairfax, VA


W 12 TRENDS AdvancedManufacturing.org | December 2016


orld aircraft industry growth is sputtering. While military demand remains robust, most civil seg- ments are feeling the impact of negative macro- economic and geopolitical developments. We


saw almost no growth last year, and we won’t see any growth this year either.


This summer was an infl ection point for the jetliner industry, which by a wide margin is the biggest segment in the industry. We’ve just had a 12-year super cycle. Airbus and Boeing guid- ance, until recently, indicated that they expect a 17-year super cycle. For some time now, there’s been a disconnect between our prosperous aviation industry and the rest of the world, which


Graph courtesy Teal Group Corp.


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