October 2005 edition
Manufacturers run rings around aviation counterparts
Aircraft manufacturers have overflowing order backlogs while airlines and subcontractors seem to be struggling.
The findings of a study carried out by credit insurer Euler Hermes claims that airlines are weakened by low costs competitors and rising oil prices, despite an upturn in air traffic. While growth for subcontractors continues to rise and fall unpredictably.
Despite a sharp fall in business between 2001 and 2004, the main jet makers have succeeded in maintaining satisfactory profit margins due to better cost control, the company has suggested.
Airbus and Boeing are expected to increase aeroplane deliveries by 38% and 48% respectively over the next two years, according to the study.
Equipment manufacturers have good prospects, since they specialise in niche markets and are often bol....
Full report (127 words) is available by subscription:
Tell a friend/colleague about this story:
Subscribers are able to access the full text of articles on this web site, and in a downloadable PDF newsletter. If you have a subscription already then please log in, otherwise see our latest subscription offers.