May 4, 2007 – Washington, D.C. –Richard Aboulafia, vice president of analysis for Teal Group, a widely followed aviation consultancy, will emphasize explosive growth in all sectors of the aviation business in a forthcoming webinar, entitled, The Paris Air Show: Predictions, Advice & Insider Information. The webinar, scheduled for May 24, will focus on news, trends, events, and industry statistics that are likely to emerge at this major international show, June 18-24, 2007, the aviation industry's premier event.
The speakers include Aboulafia and Michel Merluzeau, principal at G2Solutions. The moderator will be John Persinos, publisher and editorial director, Aviation Today.
"The world aircraft industry is firing on both cylinders. The first simultaneous civil and military market upturn in decades is giving most primes a boost. While a handful of sub-segments and programs are weak, the supplier base has the diverse program exposure necessary to enjoy this broader growth," says Aboulafia. Other aircraft production findings Teal Group will detail at the May 24 webinar include:
# Production of 44,364 aircraft worth $1.3 trillion is forecast between 2007 and 2016
# The military component of this market is worth $354.3 billion, while the civil sector is worth $945.8 billion.
# Over the last ten years (1997-2006), 32,103 aircraft worth $920.5 billion were delivered.
At the webinar, sponsored by Aviation Today, Aboulafia will explain that Boeing's jetliner product rejuvenation coupled with Lockheed Martin's F-35 and broad U.S. defense export market dominance means expansion of the United States' share of the industry, and with it dominance in leading edge technologies in such areas as avionics. Europe looks to retain its market share during the next decade, although European industrial restructuring has not reached its ultimate conclusion.
As Teal Group's Senior Aircraft Analyst, Richard Aboulafia edits its monthly-updated, 1,450+page "World Military & Civil Aircraft Briefing" service, in which the above worldwide aircraft market forecasts and many others are published and regularly updated.
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