Deliver on time, on target and on cost to meet growing aircraft demand.
Technological and environmental leaps are reshaping the industry, what are they and how will they affect your business?
We are not just talking about digitalization or a 3D experience, we are rethinking the way aircraft are designed and operated, streamlining and speeding up our processes with customer satisfaction in mind
How do you timely rethink product development and manufacturing to meet customer and environmental challenges ?
The aerospace industry is known for making giant leaps in technology with each generation of aircraft. The next decade will see more of these great leaps than the past ten with significant new challenges in sight and new technologies emerging to overcome them.
Original Equipment Manufacturers (OEMs) must consider how to safely and sustainably move faster through adoption of advanced materials, robotics, additive manufacturing, artificial intelligence, advanced data analytics and other technologies. They need to use these new capabilities to achieve greater effectiveness and versatility together with their value network for delivering manned and unmanned systems, greater fuel efficiency in commercial aircraft and increased reliability and cost-effectiveness across the board.
We’re in the process of writing a new chapter in the aviation industry
How do you take on a new market challenge ?
We live in exciting times. With the demand for new mobility expected to reach $7,9 billion by 2030, we see the emergence of startups that are disrupting the market with novel configurations: electrical vertical take-off and landing (eVTOL). Joby Aviation, Vertical Aerospace and the other hundreds of startups must find the right tools to efficiently deliver new sustainable air mobility innovations while minimizing IT-related expenses.
The electrical vertical take-off and landing (eVTOL) sector is now facing increasing competition, and the first company to truly breakthrough into the market will have a significant advantage by becoming the market reference which will set the standards for future players. As such, the efficiency and integration of engineering tools used in the development of eVTOL concept vehicles is of importance.
Decarbonizing aviation is now on the agenda of every executive in the aerospace industry
What are you doing today to prepare for tomorrow’s sustainable aviation industry?
The air transport industry has made a commitment to take concrete steps towards its decarbonization in order to achieve net-zero carbon emissions by 2050. This commitment is a challenge as it required to progressively reduce the carbon emissions while still responding to the growing passenger demand.
The development of low-emissions aircraft needs to be accelerated as time is running short for the industry. This requires strong collaboration between OEMs and its suppliers as well as within the energy – hydrogen and Sustainable Aviation Fuels (SAFs) - community to accelerate development and overcome key technology barriers. In addition, energy companies, airports, OEMs and airlines should also work together to ensure infrastructure development. Building a global and cooperative ecosystem with all players in the value chain seems to be the key to achieve a truly competitive and sustainable aviation industry.
How do you adjust manufacturing rates to balance increasing demand with dynamic world events?
The global commercial aerospace sector is returning to revenue and earnings growth driven by rebounding air travel and utilization rates. Airlines and operators are accelerating the replacement of older aircraft with modern fuel-efficient aircraft that take advantage of new materials, composites and technologies. To meet this demand, aircraft OEMs must adopt a flexible production rate.
Analysts estimate that over 30 percent of errors and waste occur during production. Companies are looking to the Future Factory, also referred to as Industry 4.0, Smart Manufacturing and the Connected Factory, to create highly automated, interconnected manufacturing capabilities to manage changes in demand with more agility. This will help OEMs and their supply chains to drive efficiency, reduce waste and shorten product development cycles to meet market demand.
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