Industrial Strength: The world doesn't have too many planes yet
The more pressing issue for the aerospace industry is whether it can build the planes on order for this decade.
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The more pressing issue for the aerospace industry is whether it can build the planes on order for this decade.
The worry among some longtime executives is that in their quest to get a place in the long supply queue, airlines are overordering. Boeing predicts that even after accounting for reduced flying demand from climate concerns and productivity improvements, the world will need 42,595 airplane deliveries between now and 2042, roughly doubling the existing fleet
The Paris Air Show saw a lack of new blockbuster announcements for plane orders, with analysts citing supply chain constraints and airlines overordering.
The aerospace supply chain is still under pressure. And the A320 neo family of jets is selling better than the MAX.
Operator: Good day, ladies and gentlemen. Welcome to the CAE Fourth Quarter and Full Fiscal Year 2023 Conference Call. Please be advised that this call is being recorded.