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.


 
 

 
Boeing photograph

Boeing Maritime Surveillance Aircraft ready for demonstration flights

Boeing photograph The Boeing Maritime Surveillance Aircraft program is ready for customer demonstration flights, having completed the baseline ground and flight testing of the aircraft mission systems. The Boeing Maritime Surve...
 
 

Pratt & Whitney concludes PurePowerÆ geared turbofan engine partnering

Pratt & Whitney and Kawasaki Heavy Industries Ltd. met recently to commemorate the signing of a risk and revenue-sharing collaboration agreement for KHI to provide key hardware modules for Pratt & Whitney’s PurePower Geared Turbofan engines. Pratt & Whitney is a division of United Technologies Corp. Pratt & Whitney currently has 10 worldwide GTF collaboration...
 
 

U.S. Navy approves F/A-18 Super Hornet IRST system for production

The F/A-18 Super Hornet infrared search and track system, developed and integrated by Boeing and Lockheed Martin, received approval from the U.S. Navy to enter low-rate initial production. The IRST system consists of Lockheed Martin’s IRST21 sensor, the GE Aviation FPU-13 Fuel Tank Assembly and the Meggitt Defense Industry Environmental Control unit. The system demonstrated...
 

 

DRS Technologies to upgrade electronic warfare E/A-18 mission for U.S., Australia

DRS Technologies Inc., a Finmeccanica Company,†announced Jan. 22 that it has been awarded access to an indefinite-delivery/indefinite-quantity contract for the production and delivery of up to 180 Joint Tactical Terminal-Receivers for U.S. Navy and Australian EA-18G aircraft. The contract is valued up to $12 million and will include JTT-R production engineering, test set racks, fixtures...
 
 

DRS Technologies’ groundbreaking laser designating gimbal completes first flight test

DRS Technologies Inc., a Finmeccanica Company, announced Jan. 21 that it successfully performed the first airborne demonstration of its GS205-XRZ laser designating gimbal. At less than six inches in diameter and weighing less than nine pounds, the GS205 is one of the smallest stabilized, light-weight and fully qualified targeting systems on the market. During its...
 
 
Lockheed Martin image

Lockheed Martin delivers first enhanced automated testing station for U.S. Navy aircraft fleet

Lockheed Martin image The electronic Consolidated Automated Support System (eCASS) maximizes aircraft readiness. Lockheed Martin has delivered the first electronic Consolidated Automated Support System to the U.S. Navy for maxi...
 




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>