Supply Chain Management

5 key trends affecting the aerospace sector

By IndustryWeek

Apr 11, 2016

In recent years, the skies have been quite friendly for the aerospace sector. With a growing demand for air travel, massive backlogs of new aircraft orders and a slowly resurging business jet sector, outlook for the industry is strong. But there are signs the industry is undergoing a shift that will see consolidation within areas of the supply base and downward pressure on profits as OEMs ramp up production of increasingly advanced platforms.

Among the trends seen are a tilt in the supply-and-demand balance and lower oil prices influencing demand and growth.

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