Competitiveness of the EU aerospace industry with focus on aeronautics industry : final report
Publication metadata
The European air transport system consists of a fleet of about 5 000 aircraft, and moves 1 billion people per year. The sector contributes about EUR 500 billion to the EU GNP and employs 3.1 million people, which represents 1.9% of all EU jobs. Exports amount to 60% of the aeronautics industry’s turnover, generating a trade surplus of EUR 2.2 billion.1 The aerospace industry must operate in a long-term perspective of 20 to 30 years. Accordingly, the policy framework which is established today and the respective allocated resources determine the perspectives and performance of the industry for decades to come. This study’s aim is to give an overview of the current state of the European aerospace industry (AI), its relevance and competitive position in the global aerospace market. It provides a data analysis with a quantitative assessment of the competitive situation in Chapter 2. The subsequent Chapter 3 offers a qualitative assessment of the large European AI countries, the behaviour and strategies of the major companies, an overview on the main AI subsectors and finally current trends in product and technology development. Chapter 4 analyzes the general framework conditions for this industry within Europe followed by an analysis of the major competing countries in Chapter 5. The subsequent Chapter 6 then provides a synthetical summary on the competitiveness of the European AI, which is followed by a strategic outlook consisting of a SWOT analysis and policy recommendations in Chapter 7. The focus of the study is on civil aviation, which explicitly excludes space activities. Military aviation is only included in the analysis when interdependencies to civil aviation are significant and important or when the available data allow no differentiation. The analysis will cover the manufacturing of large jet airplanes, regional and business jets, helicopters, engines, intermediary input (equipment, avionics/electronics, aerostructures/components) as well as maintenance, repair and overhaul (MRO).