Free Case Study On General Outlook Of General Aviation Manufacturers Association
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Growth and general outlook of General Aviation Manufacturers Association from 2013 to 2014 has been defined by variances such as increment in the airplane shipments by 4.3% which covers 2,256 deliveries. Industry billing number also increased to 24.0% which is.23.4 billion. Business jets market stabilized in 2013 after the previous 4 year slow down. Total deliveries of 678 jets in 2013 compared to 672 in 2012. Market share up to 52.4% compares to 2012 49.7%. Turboprops shipment deliveries increased by 10.4% to 645 compared to 2012 which was 584. Turbine helicopters shipment increased by 9.2% totaling to 782 total shipments. Piston Airplane and Helicopter deliveries increased by 2.8% from 908 shipments in ion 2012 to 933 in 2013 and finally the double digit decline in fatal general aviation accidents in 2013. Some of the challenges facing the business aviation include;
Safety- avoiding tragedies by better tracking and information for operations while flying over conflict zones.
Passenger experience- issues such as security maintenance.
Sustainability- governed by the Environment through carbon emissions and Financial accountability
Some of the growth market includes the Asia Pacific region with 33%RPK by 2029 followed by Europe with 25 % by the same year. North America and the Middle East follow with 20% and 9 %. This will be possible after oil and currency risks are managed, reduction of production costs, recruitment of skilled workforce and capital investment factors.
Rolls Royce has done this by production of new geared architecture that meets market demand and expectation such as weight reduction, durability, fuel efficiency and noise reduction. Production of Trent XWB Engine which is the world’s most fuel efficient jet engine has done that. With demand from the new Airbus A350, approximately 4000 jet engines orders.
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