Canada’s Aerospace Product Industry: Industrial Outlook Spring 2012

This report examines the short-and medium-term economic and profitability outlook for Canada’s Aerospace Product Manufacturing Industry .

Document Highlights

• New Orders—New orders continue to accumulate at a healthy pace, which has allowed industry production to begin its recovery.
• Demand for Air Transportation Services—An increasing propensity to travel, particularly in emerging markets, will bring in more passenger and cargo traffic, which in turn will benefit the aerospace industry.
• Fiscal Austerity—Defence spending cuts in the U.S. and across Europe may mean reduced spending on military aircraft in the near future.