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The aerospace sector looks to the environment for recovery

According to a study published today - ATTACHMENT

According to a study published today, the key to recovering from the pandemic in the aerospace sector will have to focus on greater respect for the environment. The second chapter of the "Horizon Shift" survey -which collects the opinion of the leaders of the European aerospace and aeronautics industry- underlines how more than three quarters (77%) of the companies interviewed are convinced that "environmental credibility" will be the main key to differentiation in the future. In addition, 72% are convinced that the new materials will give the impetus to reduce emissions and make flights more sustainable.

65% believe that investments in innovation capable of reducing emissions should continue despite the pandemic; 42% are already transforming the supply chain with a view to reducing carbon dioxide emissions.

Executives from Composite Technology Center, Schiebel Group and Tecnam were among the 80 senior leaders recently interviewed to understand how this strategically important market was trying to recover from the enormous impact of the spread of the coronavirus: the latest survey was conducted in June, after a first precedent involving 325 industry representatives carried out in February and March, precisely in conjunction with the first phases of the pandemic. This latest report presents a unique view of the sector, particularly regarding the changes that have occurred following the crisis.

In addition to environmental improvements, companies are making no secret of expecting support from governments, with stimulus packages to help them create new revenue streams, incorporate innovation into the supply chain and bring new products to market quickly. 39% believe that investments in infrastructure are urgent, while 1 in 3 would like a more favorable tax policy with concessions in this area or subsidies for investments in research and development.

The "Horizon Shift" report explores the challenges facing the supply chain and the improvements the industry is adopting to overcome them. Top of the list of concerns two years from now are compliance with environmental legislation, followed by the lack of flexibility and long delays in the supply chain (69%), the slowness of certification processes (60%) and the volatility of costs of raw materials and their availability (57%). The research found that companies aim to use advanced manufacturing techniques to improve productivity and production, making a more flexible range of products (63%) and delivering parts or the aircraft itself more quickly (58%).

The evolution of 3D printing, from prototyping technology to consolidated production technology, was also considered in the Protolabs survey: companies use it to increase production speed, reduce waste and concentrate individual components to be assembled in one piece 3D printed with less weight.

The full version of the report (11 pages) is attached to this AVIONEWS.

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AVIONEWS - World Aeronautical Press Agency