At a time of global strong traffic growth, the aerospace industry is about to reach the end of a painful and costly ramp-up phase that has weakened its cash flow generation for a long time.
Some companies might benefit more than others from this shift.
Also, as the low-cost long-haul segment develops thanks to new programs, legacy Airlines should suffer if they don’t react quickly.
Finally, while the Europe of Defense is taking shape, cyber-security development and Brexit consequences will impact the sector’s evolution.
Our Lead Analyst on Aerospace & Defense / Airlines, Marc Laubel, has published his latest note entitled “Is current production output really meeting demand?”.
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