Research Overview

The global aircraft market saw a year of turmoil in 2019 as the Boeing 737 MAX saga disrupted production from the commercial aircraft perspective. 2020 has dwarfed the woes of the previous year as the COVID-19 pandemic has thrashed through every facet of the sector, showing mercy to few. Most evaluations see the industry as a whole recovering in the years to come.

How long will it take and which segments will recover faster? This study dives into both production and fleet forecasts for all aircraft around the globe. The aim is to provide an inclusive document that encompasses all aircraft being produced and used for civil and military operations, fixed-wing and rotor propelled aircraft; piloted and unmanned aircraft; pleasure and mission flown, as well as commercially and privately owned aircraft.

The geopolitical chaos that followed the COVID-19 pandemic has become a major disruptive factor in the aircraft market. This new scenario has deepened the various challenges the industry was already facing and forced companies to redesign their business strategies for recovery and growth. An economic loss to customers, including airlines, lessors, as well as corporate aircraft clients, translates into cancellations of orders. Several of the OEMs and their suppliers will need to overcome new economic difficulties. Restructuring and job cuts will impact the productivity or even the continuity of several projects and programs.