Winter 2011 Global Industry Forecast: Aerospace Q 29 Nov 2011

The aerospace sector is managing to avoid the worst of the turbulence being experienced by other sectors. Defence projects are clearly being curtailed globally, with government budgets under pressure, but this is being more than compensated for by continued orders for civilian aircraft. Both Airbus and Boeing have large order backlogs (partly due to delays to new planes) and are still collecting orders with few signs - yet at least - of airlines responding to deteriorating passenger traffic conditions by postponing deliveries.