Recently, MAA Chief Executive Andrew Mair hosted an industry update session which covered current trends in global #aviation and #aerospace, government support, and how this election year may impact the competitiveness of the industry.
Some of the key headlines were…
✈️ The active commercial airline fleet is now around 30k globally. Airlines are actively pushing for more aircraft to boost their profitability and order books hit a peak of over 12 years at the end of 2023. During the session we covered the aircraft programme breakdowns, what is driving performance, the key challenges and future predictions.
✈️ The recovery of the aviation market has generated big increases in aftermarket work at the major engine makers which is good news for suppliers involved with MRO activity. During the session we highlighted the top challenges and opportunities in this area.
✈️ This year is set to be a big one for Farnborough Airshow and it’s not to be missed if you’re operating in the aerospace industry. We shared the latest news from the leading companies in the Midlands, insights into reorganisation activity and how opportunities are being created for suppliers.
Plus, there were many more insights around the big engine makers; the supply chain; opportunities in sectors that are complementary to aerospace like #defence, #space and advanced air mobility; the importance of picking up the pace on sustainable technologies; and the need for greater government support for industrial strategy and innovation.
We were delighted to receive so many comments after the session about how useful and informative members found it, with calls for more frequent online events like these. So, we will be holding another in July that will again be free for all members. We will announce the details soon.
To find out about membership and all the great benefits, visit: https://lnkd.in/dxp_2sxp
#aerospaceindustry #aerospaceindustries #aerospacemanufacturing #aerospaceengineering #advancedmanufacturing #advancedengineering #ukmanufacturing #ukengineering #manufacturingindustry #manufacturinguk #ukmfg
Manager International Operations - Airspace
2moThe experts can be found at Booth #8129. Don’t miss the opportunity to meet Dominic Corrado David Northcott BA (Hons) Lora van der Vijver Jessica Müller. #MROEurope