Jessica Spec’s Post

The aerospace industry is flying high with demand almost back to normal, but the skies aren't clear yet ✈️⛅ Aviation companies are dealing with a massive 13-year backlog in aircraft deliveries due to ongoing component shortages. Discover how top companies are enhancing their supply chain resilience to keep up with this demand, as detailed by my colleagues Emma Loxton, Henry Marcil, Mike Parkins, and Andrew Tingley. 🔗 Read their full article here: https://lnkd.in/e3r7PGUK #FIA2024 #McKinseyAtFIA #SupplyChain #Aerospace

✈ The Airbus #C295 medium tactical transport aircraft has reached 300 orders. The C295 and its market share have become a success story for the European and Spanish #aerospace #industry (in fact PMA participates in this program). #Airbus shares 45 interesting facts and figures about the aircraft:

  Airbus full year results were presented last week ✈ 735 commercial aircraft delivered with 800 forecast for 2024 Revenues € 65.4 billion; EBIT Adjusted € 5.8 billion Growth at 11% which includes 4% Growth in Defence 💹 Order intake was € 186 billion up 126% year on Year An amazing backlog € 552 billion circa 8 years at current run rate #airbus #aviation #aerospace #technology #innovation #celestica

🛫 The aerospace #supplychain is still stretched. #aircraft manufacturers struggle to get up to speed to serve #airlines and serve on record high orderbooks, but Boeing is obviously running much lower than Airbus. Aircraft that also revised down production forecast. I discussed this with Craig Mellow for Barron's: https://lnkd.in/egegRM-y Find more on what's going on and what's ahead in #aviation here: https://lnkd.in/eqXTCQN5 #ING #aviation

Have you heard the news? JSX revealed plans to acquire over 300 hybrid-electric aircraft from three manufacturers as part of a commitment to decarbonize its U.S. regional air services. The expansion includes a letter of intent with Electra for 82 eSTOL aircraft, up to 150 from Aura Aero, and up to 100 from Heart Aerospace. JSX aims to initiate operations with the new aircraft in 2028, with specifics about the initial delivery type yet to be disclosed. Read more here: https://loom.ly/Swrfcx4 #electricaircraft #aerospaceengineer #aerospacesolutions #defensesupply #airservices #hurricaneaerospacesolutions #aviationnews

Aviation Week 's article on the current state of the 737 production line revealed a significant buffer of nearly 130 fuselages awaiting shipment from Spirit AeroSystems to Boeing. This development highlights a complex interplay between production rates and quality improvements in the aerospace sector. - Production Rate Mismatch: Spirit AeroSystems and Boeing initially aligned their production rates at 38 shipsets per month. However, recent disruptions, including the January 5 Alaska Airlines 737-9 incident, led Boeing to reduce its production rate to around 25 per month. Despite these challenges, Boeing plans to ramp up to 38 per month by year-end. - Buffer of Fuselages: A satellite image from August 7 shows 127 fuselages stored at Spirit’s Wichita facility. This inventory is roughly equivalent to five months of production at Boeing's current rates, illustrating the impact of production rate changes and quality control measures. - Quality Improvement: Post-accident quality control measures at Spirit have slowed throughput, but improvements are ongoing. - Strategic Buffer: Spirit's CEO, Pat Shanahan, views the stored fuselages as a strategic buffer or surge capacity, positioning the supplier to support Boeing’s production ramp-up without immediate increases in its own output. This buffer provides a crucial cushion for Boeing as it navigates production challenges and aims to meet its ambitious targets. #Aerospace #Boeing #SpiritAeroSystems #737 #Production #QualityControl #SupplyChain #AviationNews

At FCS Finland, we know that airlines spend vast resources every day keeping aircraft in the air with minimal downtime. A significant challenge in achieving this is the extended engine cooldown periods, often leading to hours of delay before maintenance can even begin. In our recent publication in the Aerospace Defense Review, we dive into how our patented cooling systems, AFC-22 and AFC-23 Hybrid, are addressing this global issue. By dramatically reducing engine cooldown times, our solutions help airlines and MROs worldwide cut downtime by up to 8 hours, boosting operational efficiency and saving costs. 🌍✈️ Discover how our innovative systems are empowering the world’s leading airlines to optimize their maintenance workflows and enhance fleet performance. 🔗 Link to read publication: https://lnkd.in/dv47Yw2F #Aviation #MRO #Aerospace #AircraftMaintenance #Innovation #Efficiency #FCSFinland #AviationTechnology

Challenges are emerging for the #aviation industry as the global aircraft fleet ages. #Aerospace parts suppliers will need to innovate to meet increasing demand, reach sustainability goals and protect profits. Learn more from my #RSM colleagues in this new article: https://rsm.buzz/4cjvM31

🌍✈️ At the recent Cargo Facts Asia 2024, speakers from our Commercial Aerospace business shared their insights on the state of MRO in Asia, and the outlook of the region’s freighter leasing landscape. As an integrated lifecycle fleet solution provider, we support lessors and operators with proven solutions for aftermarket and maintenance services, passenger-to-freighter conversions, as well as asset management and leasing. 👇 Here are the key takeaways from our panelists’ insightful discussions. ➡️ More on how we keep the world flying safely: https://lnkd.in/giwqnMBh #STEngineering #Aerospace #Aviation #Cargo #CFAsia24

The commercial aerospace sector is experiencing robust growth, with air travel demand surging back to pre-pandemic levels and projected to climb 5-10% annually through 2026. 15,700 aircraft, equivalent to over a decade of production, underscores the industry's immense potential. This presents unprecedented opportunities for suppliers and service providers. Are you positioned to capitalize on this upward trajectory? Let's connect to discuss how your business can soar alongside the industry. Find out more here: https://lnkd.in/etX5WK9A #aerospace #aviation #supplychain