Global airline traffic could double to 8.2 billion passengers by 2037. Air travel continues to develop and become more accessible to more people with the growth of low-cost airlines and the emergence of new customer groups, particularly in China and India. From the manufacturing perspective, more than 38,000 new aircraft are expected to be sold over the next 20 years to meet this demand.
At the same time as creating the right conditions for sustainable growth, this wider context also poses a real challenge for the aircraft industry. How is it possible to successfully produce and market an increasing number of airliners faster, while remaining compliant with high safety requirements; and at the same time improve the quality of products and services that are delivered to airlines and, ultimately, passengers at a competitive cost?