Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace - Oxford Economics Global Industry Forecasts

Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace

Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace - Oxford Economics Global Industry Forecasts
Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace
Published Mar 27, 2015
2 pages — Published Mar 27, 2015
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Abstract:

Recent developments continue to provide support for the aerospace sector and its enhanced production plans. Firstly, jet fuel prices have again fallen back, in line with the drop in global crude oil prices, to US$1.55 per gallon now from just over US$1.80 in mid-February, thereby boosting airlines profitability. Secondly, aerospace firms with significant defence exposure increasingly believe they will benefit from heightened geopolitical risks. In the latest FT/Economist Business Barometer, such firms clearly saw the opportunities those risks provide for ending and thereafter reversing the recent trend in US and European defence budget cuts and also for increasing sales to Asia and the Middle East. Finally, Airbus announced it intends to boost A320 deliveries to 50 per month by 2017 (from 42 now), although this will be partly offset by reducing A330 monthly deliveries to 6 from 10 currently. Nonetheless, questions remain about the future of its A380 jumbo, which has struggled to garner orders and for which Emirates is angling for an engine upgrade.

  
Source:
Document ID
295379
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Oxford Economics Global Industry Forecasts—Oxford Economics Global Industry Forecasts provides country industry forecasts, monthly industry briefings, quarterly industry forecast tables, monthly industry data tables, and an industry databank.

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MLA:
Oxford Economics Global Industry Forecasts. "Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace" Mar 27, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Aerospace-2112-1909>
  
APA:
Oxford Economics Global Industry Forecasts. (2015). Monthly Industry Briefings > Monthly Industry Forecasts > Aerospace Mar 27, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Aerospace-2112-1909>
  
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