Personal jet market “worth more than $7 billion over next 10 years” June 21, 2011. “Although the words “very light jet” can no longer be used in polite company there are clear signs that from 2014 there will be renaissance in the small jet-powered aircraft market”, according to PMI Media’s leading aerospace analyst Philip Butterworth-Hayes.“We are predicting slightly over 2,500 VLJs and personal, single-engined jets will be sold during the 2011-2020 timeframe,” according to Butterworth-Hayes, “in a market worth around $7.25 billion.”“There are a number of new factors which are suggesting room for cautious optimism about personal jets,” said Butterworth-Hayes. “The pedigree and financial resources of the companies involved in developing new aircraft for this market suggest a much more financially robust and operationally experienced approach to launching light jet projects. The entry into service of new types such as the PiperJet Altaire and Cirrus Vision SF50 will also coincide with a period of strong recovery in the overall business jet market. Third, the demographics of demand are changing quickly, with new customers emerging in China, India and the Middle East. This means that demand will no longer be focused on North America and depend on an untried financial model of an emerging air taxi customer-base.“And despite their detractors more than 800 VLJs have been delivered in the last four years – not a bad record considering this new class of aircraft was launched into a market of unprecedented contraction.The forecast report The market for very light and personal jets 2011-2020 is available from PMi Media Limited at a cost of £240.00/$390.00.For more information please contact Philip Butterworth-Hayes on +44 1273 724 238, mobile +44 7778 030 633 or via email Philip.Butterworth-Hayes@pmi-media.com
Training & Simulation Forum launched to provide unique market dataMay 30, 2011. The Training & Simulation Forum (www.trainingandsimulationforum.net) designed to become the voice of the military/security training and simulation industries worldwide, has been launched today. The Forum is a Web-based service that will provide news, analysis and a discussion forum for the international community engaged in military and security training and simulation activities."The fundamental idea is to provide information services in near real time for a community that does not currently have a dedicated service to keep it comprehensively informed on a regular and frequent basis," said Tim Mahon, Commercial Director of PMI Limited, the specialist defence and aerospace media and consultancy company which has developed the concept.The forum also comprises a free, comprehensive supplier directory.
Companies in low-wage economies win 'nearly 30% of all aircraft systems, structures and equipment work during 2009' says new study.December 14, 2009. During 2009 there has been a substantial increase in the amount of new contracts for aircraft systems, components and equipment placed with companies based in low-wage economies. According to a new report published by PMi Media Ltd ‘The growth of aircraft manufacturing in low-wage economies 2005-2009’ during 2009 an estimated $9,212 million was spent with companies based in low wage economies of the world, representing 29.2% of the total market in new systems, components and equipment work, a very steep growth rate over the 6.2% share recorded in 2008. Most of this work takes place in the airliner sector, which is responsible for around 73% of the value of the total aviation supply chain, according to the study.“But the value of work won by companies in low-wage economies on European and North American aircraft programmes is worth approximately the same as the work won by Western suppliers on new aircraft programmes pioneered by companies in low-wage economies,” according to the report author Philip Butterworth-Hayes.
The study, which analyses the global aircraft systems, structures and equipment market between 2005 and 2009, suggests that North American and European manufacturers are retaining their technical and market dominance of supply chain integration but are accelerating the outsourcing and relocation of labour-intensive operations to low-wage economies.
“There has been a rapid rise in the number of new manufacturing plants in China, Mexico and Malaysia,” according to Butterworth-Hayes. “These new plants - and other new manufacturing facilities in low-wage economies - accounted for over 30% of all systems, components and equipment contracts awarded on airliner programmes in 2009 and 27% of all rotorcraft business.”
The study includes a sector-by-sector analysis of the market for airliners, rotorcraft, business aircraft, fast jets and military transports and a country-by-country analysis of aerospace manufacturing capabilities in low-wage economies. It lists all major aerospace manufacturing contract awards (2005-2009) for airliners, rotorcraft, business aircraft, fast jets and military transports, with details on values (where known), locations and technical/market implications.
The growth of aircraft manufacturing in low-wage economies 2005-2009 New challenges to, and opportunities for, industries in the global aerospace supply chain is available from December 12, 2009 at a cost of ?497/$817.00. For more information please contact Philip Butterworth-Hayes on +44 1273 724 238, mobile +44 7778 030 633, email Philip.firstname.lastname@example.org
Aeronautical information market worth more than $2 billion says new research study - airport sector alone "worth $600 million-plus"
October 12, 2009. Expenditure on aeronautical information system (AIS) and aeronautical information management (AIM) equipment and services is forecast to reach $2,163 million between 2009 and 2018, according to a new study by air traffic management market research company PMI Media Ltd.
“The transition from AIS to AIM will effectively create a new market for information providers, as commercial companies will take over many of the responsibilities currently being undertaken by state organisations,” said PMI Media editorial director Philip Butterworth-Hayes.
"There are currently four main sub-markets emerging: completing the ICAO road map for transition to AIM and providing "value added" AIM services to the aircraft-operator, airport and ANSP markets," according to Butterworth-Hayes. “Add training and consultancy to the mix and suddenly this is a significant market for all concerned.”
"Integrating AIM data with airport management and operations databases will create a market of over $600 million over the next ten years, said Butterworth-Hayes.
The market will be driven by a rapid growth in data required per flight to support performance-based navigation and aircraft optimisation operations. The availability of new standards and technologies will allow for the increasing exchange of data across stakeholders “but will blur the lines between state and commercial providers, managers and distributors of aeronautical information, according to PMI Media..
The global market for aeronautical information services (AIS) and aeronautical information management (AIM) equipment and services 2009-2018 is available from October 12, 2009 at a cost of $650.00. For more information please visit www.pmi-media.com or contact Philip Butterworth-Hayes on +44 1273 724 238, mobile +44 7778 030 633, email Philip.Butterworth-Hayes@pmi-media.com
Worsening economic crisis and Eclipse demise will have severe impact on VLJ market
December 1, 2008. Prospects for the very light jet (VLJ) market for the next ten years (2008 and 2017) have declined sharply over the last few weeks, according to a new report from VLJ market analyst PMI Media Ltd. In its latest study The Very Light Jet Market 2008-2017: The impact of the global financial crisis released after the announcement by Eclipse Aviation to file for bankruptcy, PMI Media is forecasting the delivery of 4,610 VLJs, worth around $9.54 billion in 2008 prices, between 2008-2017. This is some 1,360 fewer aircraft than in the previous forecast of October 2008.
PMI Media tracks the VLJ market through analysing supplier order backlogs and purchasing trends by air taxi, corporate and individual aircraft operators.
“Given the current difficult market circumstances it is difficult to see how more than one or two new aircraft entrants - outside established aircraft manufacturers such as Embraer, Diamond, PiperJet, Cessna - will be able to survive a prolong period of market uncertainty," according to PMI-Media's editorial director Philip Butterworth-Hayes.
The economic turmoil is also having a major impact on the fledgling air taxi industry. Air taxi operators have planned orders for 1,062 VLJs, according to the PMI Media study, even after the demise of market leader DayJet in October. "However, many of these are proving more aspirational than real. But as they still represent about a third of all orders for VLJs any further air taxi the next few months could prove critical to both industries.".
PMI Media's The Very Light Jet Market 2008-2017: The impact of the global financial crisis forecasts annual VLJ deliveries broken down into aircraft type and geographic spread. It also lists forecast annual delivery values, based on the list prices of aircraft and compound estimated currency inflation rates. Data is gathered from aircraft manufacturers, aircraft operators, regulatory bodies and financial organizations - this is then compared with other "high-level" forecasts and the final estimates are calculated, taking into account historic fluctuations in the aviation market.
The Very Light Jet Market 2008-2017 is available from December 1, 2008 at a cost of $650.00. For more information please visit www.pmi-media.com or contact Philip Butterworth-Hayes on +44 1273 724 238, mobile +44 7778 030 633, email Philip.Butterworth-Hayes@pmi-media.com.
VLJ market contracts but fundamentals still strong, according to new market survey
October 2, 2008. The market for very light jets (VLJs) for the next ten years (2008 and 2017) stands at 5,970 aircraft, according to the third annual survey of the VLJ market by UK aviation consultants PMI Media Ltd.
"This is a fall of just under 800 aircraft over our last ten-year forecast in May this year," said PMI Media's Editorial Director Philip Butterworth-Hayes," and is a result of new uncertainties in the global financial markets, the collapse of DayJet and a growing number of manufacturers chasing a shrinking number of customers."
"Despite the recent turmoil, the fundamentals in the VLJ market are still strong," said Butterworth-Hayes. "This is now a $1.25 billion annual market, measured over 10 years. Demand for Cessna Mustangs and Embraer Phenom 100s is resilient and Eclipse Aviation's new business plan - based on cutting costs rather than ramping up production - is starting to bear fruit."
PMI Media forecasts that deliveries will peak in 2011 just as new aircraft such as the HondaJet, Eclipse EA400 and Cirrus SJ50 will enter the market. "The problem remains that there are at least ten manufacturers chasing a market which can probably support just six or seven - given the high development and production costs of these aircraft," said Butterworth-Hayes.
PMI's The Very Light Jet Market 2008-2017 forecasts annual VLJ deliveries broken down into aircraft type and geographic spread. It also lists forecast annual delivery values, based on the list prices of aircraft and compound estimated currency inflation rates. Data is gathered from aircraft manufacturers, aircraft operators, regulatory bodies and financial organizations - this is then compared with other ‘high-level’ forecasts and the final estimates are calculated, taking into account historic fluctuations in the aviation market.
The Very Light Jet Market 2008-2017 will be available on October 30 at a cost of $650.00. For more information please visit www.pmi-media.com or contact Philip Butterworth-Hayes on +44 1273 724 238, mobile +44 7778 030 633, email Philip.Butterworth-Hayes@pmi-media.com.
Migration of aerospace manufacturing to low-wage economies "overstated" according to new study
September 25, 2008. North American and European manufacturers are migrating only low-value aerospace manufacturing operations to low-wage economies, according to a new study by aviation consultants PMI Media Ltd.
In the first of a series of surveys on global aerospace manufacturing activities, which focuses on China, PMI Media concludes that China and other low-wage manufacturing economies have not yet made the leap from supplying structures to supplying major aircraft sub-systems - such as fuel, pneumatic, electrical and environmental control systems “where the real value is in the global aviation supply chain.
“Chinese companies registered around $700 million worth of component and structural work on North American and European airliner programmes in 2007; in contrast, Parker won business estimated at $3.5 billion in July 2008 for the single contract to supply Bombardier with a fly-by-wire control system on the new CSeries airliner," according to PMI Editorial Director Philip Butterworth-Hayes.
“There is also a significant lack of Chinese work within the business jet segment, a major area of consistent growth. And China's prospects for further major inroads into the global aerospace competitive marketplace, beyond the Airbus A350XWB, are likely to be dimmed in the coming years as the number of major new aircraft programmes dries up," according to Butterworth-Hayes.
The study, which is freely available at www.pmi-media.com, is the first in a series of reports which analyse the development of aircraft manufacturing industries in low-wage economies. The next study, which looks at Mexico's aerospace industry, will be available at the end of 2008.
For more information please contact: Philip Butterworth-Hayes, Editorial Director of PMI Media on + 44 1273 724 238, or via Philip.Butterworth-Hayes@pmi-media.com.
PMI Media launches air traffic management newsletter
March 10, 2008. PMi-Media Ltd, the Anglo-German aviation publishing company, have announced the launch of a new electronic air traffic management news and analysis publication ATM Insight.
“This is a new type of publication, an electronic business-to-business magazine offering a unique insight into the global ATM industry,” said Philip Butterworth-Hayes, editor of ATM Insight.
ATM Insight is distributed free of charge every two weeks to over 3,000 ATM personnel from all sides of the industry: ANSP and manufacturing industry management, control centre workforce and support staff, regulators and government officials. The electronic publication will cover:
• ATM industry news
• Analysis of markets - ANSP revenue earning activities as well as manufacturing
• New business opportunities
• Recruitment opportunities
• Investigative reporting
Full text of the publication is available at www.atm-insight.com.
For more information please contact: Philip Butterworth-Hayes, Editorial Director of PMi Media on + 44 1273 724 238, or via Philip.email@example.com
Specialist niche suppliers ‘catching up’ with raw materials producers and systems integrators in the aviation supply chain value business
November 2nd, 2007. The main winners in the global aviation manufacturing sector - in terms of contract value and securing long-term business streams - are still raw materials suppliers and systems integrators, according to a new study by PMi-Media, The Aviation Supply Chain Database. But producers of niche products such as power distribution systems and smart actuator systems have seen the value of their business rise at much faster rate over recent years.
“If you break down where the money is going within the Boeing 787 supply chain, for example," said PMi-Media's Editorial Director Philip Butterworth-Hayes, "then it is predominantly to systems and structures integrators such as Hamilton Sundstrand ($8 billion plus), Vought ($5 billion plus), Goodrich ($4 billion plus), Honeywell ($2.8 billion plus) and Parker ($1 billion) or raw materials suppliers such as Toray Industries ($6 billion). But these values no longer overshadow the amounts being earned by single structure and sub-systems suppliers. For example, Japan's Jamco - which is supplying galleys, lavatories, flight deck door and bulkhead, and flight deck linings, consoles and stowage - will be earning more than $1 billion from the Boeing 787, as will Zodiac, from France, which is supplying a range of niche components.”
The Aviation Supply Chain Database analysis of the Boeing 787 (available free at the PMi-Media website www.pmi-media.com) also shows the geographic spread of aircraft systems manufacturing - most recently with new plants being opened up in countries such as Mexico and Thailand.
“Yet the aerospace companies are moving much more slowly than organizations in other manufacturing sectors to take advantage of low-cost labour rates," said Butterworth-Hayes. "If you look where the high-value work is concentrated it still remains in the traditional aircraft manufacturing areas such as Washington state - even though companies that undertake the work have new names. The power of aircraft manufacturing clusters remains potent - with very few Indian companies, for example, supplying parts to the Boeing 787.”
The Aerospace Supply Chain Database (ASCD) lists every major aircraft in production and analyses the relationship between the suppliers. It identifies where each supplier sits within the supply chain, the value of the contract with suppliers and customers (where in the public domain), the length of the contract and the location where the work takes place.
7,650 VLJs to be delivered during 2007-2016 despite new market uncertainties
September 14th, 2007. A total of 7,650 very light jets (VLJs) will be delivered between 2007 and 2016, according to the second edition of PMi-Media Limited's market-tracking research survey The Very Light Jet Market 2007-2016: A critical analysis of trends, challenges and solutions. The market for these aircraft will be worth around $18.36 billion over this period, according to the report.
Airline fuel-saving strategies ‘can outpace forecast airline greenhouse gas emissions’ - new report
May 1, 2007. Airlines, airports and air navigation service providers will be able to cut civil aircraft emission levels by more than 6% a year for the next ten years by adopting a range of new operating procedures, according to a new report Aviation growth and global warming, produced by independent Anglo-German aerospace information company PMi Media Ltd. These potential savings are greater than the forecast rise in traffic levels over 2007-2017.
VLJ market long term prospects improve, despite Eclipse problems
March 9, 2007. The very light jet (VLJ) order book now stands at 4,010 aircraft, with 14 aircraft types competing in this new aviation sector, according to latest VLJ forecast from aerospace consultants PMi Media.
PMi Media announces new very light jet (VLJ) regular market analyses
November 10, 2006. The UK-German aerospace and defence market analysis company, today announces the launch of a new analysis service, a six times a year review of the developing very light jet market.