Canada’s Aerospace Product Industry: Industrial Outlook Spring 2013
The Conference Board of Canada, 8 pages
June 14, 2013
This report examines the short-and medium-term economic and profitability outlook for Canada’s Aerospace Product Manufacturing Industry .
- Existing Market—Despite some positive signals, the pre-owned market is
still soft, which indicates potential buyers may find good opportunities and
purchase used aircraft instead of new ones.
- Fuel Costs—Oil prices have fallen from their post-recession peaks. Fuel
efficiency is a strong selling feature of new models but clients may feel
less pressure to renew their fleet if oil prices are low.
- New Orders—A few large orders last year and the accumulating orders
for the CSeries have improved the industry’s order book. However, most
orders are spread over a long period of time so it will take years for the
industry to fully benefit.