Business

July 10, 2012

Boeing projects large, growing market for commercial aviation services

Boeing photograph

The Boeing Operations Center, which assists airline customers with urgent technical problems, engineering issues, and maintenance requirements 24 hours a day, 7 days a week, 365 days a year. Boeing forecasts a $2.4 trillion market for commercial aviation services as this large industry sector continues to grow over the next 20 years. The market for services is expected to grow at a rate of four percent in the next two decades, with growing opportunities to help aviation customers succeed in a highly competitive marketplace.

Boeing forecasts a $2.4 trillion market for commercial aviation services as this large industry sector continues to grow over the next 20 years.

At the Farnborough Air Show, Lou Mancini, senior vice president, Commercial Aviation Services, Boeing Commercial Airplanes, said the market for services is expected to grow at an annual rate of four percent in the next two decades, with growing opportunities to help aviation customers succeed in a highly competitive marketplace.

“Airlines are looking for every possible advantage to succeed, from efficiencies in maintenance services to breakthroughs in flight operations and information technology,” Mancini said. “Demand for this kind of support and services is only going to grow as fuel prices remain high, fleet size increases and airlines look for ways to improve their overall operations and reduce costs while focusing on their core business, serving passengers.”

The Boeing outlook for commercial aviation services projects long-term growth in the MRO (maintenance, repair and overhaul) market as demand grows for parts and other MRO solutions. Additionally, emerging systems and information integration within airline maintenance engineering, flight operations and information technology departments will drive an increased need for enterprise-wide solutions.

“Boeing has the ability to create unparalleled integrated solutions,” Mancini said. “We know the airplane better than anyone, we have the resources to bring innovations to market and we are there with our customers 24/7 and 365 days a year to give them the ultimate competitive advantage. There is no other company that can do all of this. This is what we bring our customers every day. It is the Boeing Edge.”

A division of Boeing Commercial Airplanes, Commercial Aviation Services, with its 13,000 employees around the world, helps customers maximize the lifetime value of their fleets and operations, providing customers a competitive edge in the marketplace. Boeing offers comprehensive global support, e-enabled systems and consulting for greater maintenance and operational efficiency, freighter conversions, parts and inventory management, airplane modifications, pilot, cabin crew and maintenance training, navigation products and services, and air traffic management solutions. Subsidiaries include Aviall, AeroInfo, Continental DataGraphics, Inventory Locator Service and Jeppesen, as well as joint ventures Aviation Partners Boeing and Boeing Shanghai Aviation Services. This comprehensive portfolio, collectively known as the Boeing Edge, combines and integrates services to give customers the ultimate advantage.




All of this week's top headlines to your email every Friday.


 
 

 
Lockheed Martin photograph

Turning up the heat

Lockheed Martin photograph Lockheed Martin ATHENA laser weapon system defeats a truck target by disabling the engine, demonstrating its military effectiveness against enemy ground vehicles. Latest evolution of Lockheed Martin l...
 
 

Sikorsky S-97 RAIDERô team begins final assembly of second aircraft

Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp., announced March 4 the start of final assembly of the second S-97 RAIDERô helicopter at the company’s Development Flight Center. Along with a team of industry suppliers, Sikorsky is developing two RAIDERô prototypes to demonstrate the revolutionary new capabilities in improved maneuverability and flight speed. The...
 
 

Sikorsky awarded $8 million contract for Phase 1 ALIAS program

Sikorsky Aircraft Corp. announced March 4 that the Defense Advanced Research Projects Agency has awarded the company an $8 million contract for Phase 1 of the Aircrew Labor In-Cockpit Automation System program. Sikorsky Aircraft is a subsidiary of United Technologies Corp. The objective of DARPA’s ALIAS program is to develop and insert new automation into...
 

 

Global Hawk sees decrease in cost per flight hour amidst increased operational tempo

The U.S. Air Force RQ-4 Global Hawk high-altitude, long-endurance autonomous unmanned aircraft system had another remarkable year in 2014, with a significant decrease in cost per flight hour coupled with a sharp increase in flight hours. The Global Hawk program has brought the system’s cost per flight hour down to the point of being half...
 
 
LM-AEHF

Ingenuity drives Lockheed’s AEHF program to production milestone early

Lockheed Martin has successfully integrated the propulsion core and payload module for the fourth Advanced Extremely High Frequency (AEHF) satellite nearly five months ahead of schedule. Reaching this critical milestone early a...
 
 

First all-electric propulsion satellites send first on-orbit signals

Two Boeing 702SP (small platform) satellites, the first all-electric propulsion satellites to launch, have sent initial signals from space, marking the first step toward ABS, based in Bermuda, and Eutelsat, based in Paris, being able to provide enhanced communication services to their customers. Whatís more, the satellites were launched as a conjoined stack on a...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>