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Context
After an long and uninterrupted period of growth, the Aerospace sector is now suffering. This is as a result, because of the pandemic, which was major shock to the industry. After a sudden drop in activity across all airlines, the entire chain, manufacturers, suppliers, equipment manufacturers, and aeronautical service providers have also been impacted by extension.
The military sector – and to a lesser extent the space sector – can act as a shock absorber, at least for companies that are largely focused on both civil and military customers, thanks to the anticipation of steady orders from certain states.
Sector Challenges
1. Reducing the Sector’s Ecological Impact:
Continuation of actions to reduce the footprint via the efficiency of the propulsion cells, weight reduction, secondary electrical functions (APU, electric taxiing, etc.)
Technological breakthrough with the use of alternative fuels (hydrogen, natural gas) and reduced consumption (electric hybridization)
Current elimination of certain short-haul routes in favor of the train, with ultimate goal of a generation of zero-emission planes (target date of 2035)
2. Industrial Agility:
Maturation and industrialization of new technologies and the establishment of more efficient / agile production chains, notably with AI / machine learning
Digitization of business lines to accelerate TTM (e.g., virtual testing, MBSE) and increasing the flexibility of the entire chain (production, but also on the development part and even Research)
3. Cost Reduction to Gain in Competitiveness:
Reduction in the cost of operations for aircraft operators (e.g. objective of switching to 1 pilot thanks to automation and the development of autonomous systems, overhaul of operating procedures)
Reduction of development and manufacturing costs for manufacturers and suppliers to accelerate the arrival of new generations of aircraft
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