This report examines the short-and medium-term economic and profitability outlook for Canada’s Aerospace Product Manufacturing Industry .
Canada’s Aerospace Product Industry: Industrial Outlook Spring 2013
Canada’s Aerospace Product Industry: Industrial Outlook Spring 2013
Industry Economic Analysis
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- Existing Market—Despite some positive signals, the pre-owned market is still soft, which indicates potential buyers may find good opportunities and purchase used aircraft instead of new ones.
- Fuel Costs—Oil prices have fallen from their post-recession peaks. Fuel efficiency is a strong selling feature of new models but clients may feel less pressure to renew their fleet if oil prices are low.
- New Orders—A few large orders last year and the accumulating orders for the CSeries have improved the industry’s order book. However, most orders are spread over a long period of time so it will take years for the industry to fully benefit.
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