2023 aerospace and defense industry outlook

whitePaper | October 27, 2022

Aircraft hangars are unique structures with configurations and contents that can pose unusual hazards. Often very large with high ceilings, they typically house aircraft that are asymmetrical objects containing flammable or combustible fuel. A

whitePaper | March 3, 2022

Aviation and aerospace connect people, cultures, and businesses like no other form of transport. Aviation directly contributes to the UN Sustainable Development Goals and plays an immense role to improve and transform people’s lives across the globe.

whitePaper | January 22, 2020

Civil aviation is an incredibly safe mode of transport. Year-on-year statistics referenced by the International Air Transport Association (IATA) Annual Safety Report demonstrate this. Considering the forecast of double-digit growth over the next 20 years and the new infrastructure needed to manage capacity and services – and as indirectly evidenced by high levels of consumer confidence documented in widely available growth analysis – continued efforts today will clearly be paramount tomorrow to maintain the safety promise.

whitePaper | October 4, 2022

Overall, aircraft maintenance is a high cost activity, in terms of capital equipment, overall spend, and asset downtime. In the aeronautics industry, maintenance activities range from 10% to 20% of an operator’s direct operating costs, depending on the fleet size, age, and usage.

whitePaper | August 27, 2022

In the past two years, aviation has been ravaged by the perfect storm. Effectively grounded at one stage, the recovery has been sporadic as travel restrictions, quarantines, and fundamental shifts in strategy hit home.

whitePaper | January 6, 2022

The aviation sector is coming out from an unprecedented period of seismic change. Airlines have faced the challenges of near total shutdown of international travel, new working guidelines, and recovery false starts across all regions.