Sei sulla pagina 1di 22

The Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023

notice This material is copyright by visiongain. It is against the law to reproduce any of this material without the prior written agreement of visiongain. You cannot photocopy, fax, download to database or duplicate in any other way any of the material contained in this report. Each purchase and single copy is for personal use only.

Contents
1. Executive Summary
1.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Overview 1.2 Benefits of This Report 1.3 Who is This Report For? 1.4 Methodology 1.5 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 1.6 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts 2013-2023 1.7 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Market Forecasts 2013-2023

2. Introduction to the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market
2.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Structure Overview 2.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Definition 2.3 An Insight into Some of the Main Factors which will Affect the Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2.4 Interesting Developments to Look Out for

3. World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
3.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market 3.2 Drivers & Restraints in the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market

4. World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts 2013-2023
4.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Overview 2013-2023 4.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Avionics Submarket 4.2.1 Aircraft will need to Comply with New Flying Regulations making it Inevitable that Spending will occur in the Avionics Submarket 4.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors and IFE Submarket Forecast 4.3.1 It is all about Improving the Passenger Experience for the Cabin Interiors Submarket 4.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Forecast 4.4.1 Narrow Body Conversions will be Crucial to the Fortunes of the Airframe Submarket

www.visiongain.com

Contents
5. World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Forecast 2013-2023
5.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2013-2023 5.2 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 5.2.1 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints 5.2.2 Fleet Renewals in North America make for Bad Reading but there are still Countless Opportunities for MRO Providers 5.3 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 5.3.1 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints 5.3.2 Frequent Maintenance Checks by Many Airlines mean that its not All Bad News 5.4 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 5.4.1 Asia Pacific Commercial Aircraft Modernisation Market Drivers & Restraints 5.4.2 Can the Asian Market Handle all the Demand for Modernisation, Upgrade & Retrofit Programmes? 5.5 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 5.5.1 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints 5.5.2 Why there are Encouraging signs in the Middle Eastern Market 5.6 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 5.6.1 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints 5.6.2 South America has Enormous Potential as a Market but Regulation is Still a Problem 5.7 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast2013-2023 5.7.1 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints 5.7.2 Longer Term Growth Prospects in the African Region are Good

6. SWOT Analysis of the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023
6.1Strengths 6.1.1 New Aircraft, New Opportunities 6.1.2 Fleet Standardisation Counts 6.1.3 Business Traveller Numbers will Grow 6.1.4 Rising Fuel Prices Drive Demand for Lightweight Aircraft 6.2 Weaknesses 6.2.1Its all about the Economy! 6.2.2 Early Retirements wont be Good for Anyone

www.visiongain.com

Contents
6.3 Opportunities 6.3.1 Restructuring of Business Models 6.3.2 New Regulations, New Opportunities 6.4 Threats 6.4.1 Competition from OEMs will make it Difficult for Small Independent Providers 6.4.2 Out of Service Downtime 6.4.3 Fleet Upgrades Dont make for Good News

7. Expert Opinion
7.1 Peter Murton -TAECO (part of HAECO) 7.2 HAECOs Recent Involvement in Commercial Aircraft Modernisation, Upgrade & Retrofit 7.3 Technological Developments to Look Out For 7.4 Key Trends and Developments within the Commercial Aircraft Modernisation, Upgrade & Retrofit 7.5 Where does HAECO See Growth?

8. Leading Companies in the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market
8.1 AAR Overview 8.1.1 AAR One of the Largest Independent MRO providers in North America 8.2 Ameco Beijing Overview 8.2.1 Chinas Largest Aviation Maintenance Supplier is Ameco Beijing 8.3 Astronics Corporation Overview 8.3.1 Astronics Corporation acquires PECO Inc. 8.4 Aviation Partners Boeing Overview 8.4.1 Aviation Partners Boeing and the Winglet 8.5 Israel Aerospace Industries (IAI) Overview 8.5.1 Why IAI/Bedek Aviation Group is one of the Leading Companies in the Airframe Submarket 8.6 Diehl Aerosystems Overview 8.6.1 First Tier Supplier Diehl Aerosystems to offer Comprehensive Retrofit Solutions for Aircraft 8.7 EMTEQ Overview 8.7.1 EMTEQ A Specialist in Avionics and Cabin Interiors 8.8 FACC AG Overview 8.8.1 FACC AG From Structural Components to Cabin Interiors 8.9 Fokker Technologies Overview

www.visiongain.com

Contents
8.9.1 A New Governance Structure for Fokker Technologies 8.10 HAECO Overview 8.10.1 HAECO Expands, Sees Strong Demand for Cabin Modifications 8.11 Lufthansa Technik Overview 8.11.1 Lufthansa Technik Analysis 8.11.2 Structural Changes Planned at Lufthansa Technik 8.12 Sabena technics Overview 8.12.1 An Analysis of Sabena technics 8.13 SIAEC Overview 8.13.1 SIAEC The Dominant MRO Provider in Singapore 8.14 ST Aerospace Overview 8.14.1 ST Aerospace Adds New Hangar Space to Meet Growing Demand 8.15 Thales Group Overview 8.15.1 Thales Group Continues to Play a Leading Role in IFEC Technologies 8.16 TIMCO Aerosystems Overview 8.16.1 TIMCO Aerosystems Growing into the Cabin Interiors Submarket 8.17 Universal Avionics Systems Corporation Overview 8.17.1 Leading Avionics Retrofit Provider Universal Avionics Systems Corporation 8.18 Yokohama Rubber Company (YRC) Overview 8.18.1 An Analysis of Yokohama Rubber Company (YRC) 8.19 Zodiac Aerospace Overview 8.19.1 A Good Year for Zodiac Aerospace, the Company plans to Restructure its Cabin Interiors Segment 8.20 Other Notable Companies in the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market 8.20.1 AmSafe 8.20.2 Global AirWorks 8.20.3 Honeywell 8.20.4 L-3 Communications 8.20.5 Moog Inc. 8.20.6 PGA Electronic 8.20.7 Regent Aerospace 8.20.8 Rockwell Collins

9. Conclusions
9.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Outlook 9.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints 9.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023

www.visiongain.com

Contents
9.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts 2013-2023 9.5 Regional Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecasts 2013-2023

10. Glossary List of Tables

____

Table 1.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast Summary 2013, 2018, 2023 ($bn, CAGR %) Table 1.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts Summary 2013, 2018, 2023 ($bn, CAGR %) Table 1.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Market Forecasts Summary 2013, 2018, 2023 ($bn, CAGR %) Table 3.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%, Cumulative) Table 3.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Table 4.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts 2013-2023 ($bn, AGR %) Table 4.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Avionics Submarket Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 4.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors and IFE Submarket Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 4.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 5.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Forecast 2013-2023 ($bn, AGR %) Table 5.2 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 5.3 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Table 5.4 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes (Company, Date, Details) Table 5.5 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 5.6 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints

www.visiongain.com

Contents
Table 5.7 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes (Company, Date, Details) Table 5.8 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 5.9 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Table 5.10 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes (Company, Date, Details) Table 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 5.12 Middle East Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Table 5.13 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes (Company, Date, Details) Table 5.14 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 5.15 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Table 5.16 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes (Company, Date, Details) Table 5.17 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%) Table 5.18 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Table 5.19 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes (Company, Date, Details) Table 6.1 SWOT Analysis of the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023 Table 8.1 AAR Overview 2012 (Total Revenue, Revenue from MRO Segment, HQ, Ticker, Contact, Website) Table 8.2 AAR Products / Services (Product, Specification) Table 8.3 Ameco Beijing Overview 2012 (HQ, Website) Table 8.4 Ameco Beijing Products / Services (Product, Specification) Table 8.5 Astronics Corporation Overview 2012 (Total company sales, % Revenue From Commercial Transport, HQ, Ticker, Contact, Website) Table 8.6 Astronics Corporation Products / Services (Product, Specification) Table 8.7 Aviation Partners Boeing Overview 2012 (HQ, Ticker, Website) Table 8.8 Aviation Partners Boeing Products / Services (Product, Specification) Table 8.9 IAI Overview 2012 (Total Sales, HQ, Ticker, Website) Table 8.10 IAI Products / Services (Division, Product) Table 8.11 Diehl Aerosystems Overview 2012 (Total Revenue, Revenue from Market, HQ, Ticker, Contact, Website) Table 8.12 Diehl Aeroystems Products / Services (Product, Specification)

www.visiongain.com

Contents
Table 8.13 EMTEQ Overview 2012 (HQ, Website) Table 8.14 EMTEQ Products / Services (Division, Product, Specification) Table 8.15 FACC AG Overview 2012 (HQ, Website) Table 8.16 FACC AG Products / Services (Division, Product) Table 8.17 Fokker Technologies Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website) Table 8.18 Fokker Technologies Products / Services (Division, Product, Specification) Table 8.19 HAECO Overview 2012 (HQ, Ticker, Website) Table 8.20 HAECO Products / Services (Product, Specification) Table 8.21 Lufthansa Technik Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website) Table 8.22 Lufthansa Technik Products / Services (Product, Specification) Table 8.23 Sabena technics Overview 2012 (Total Revenue, HQ, Website) Table 8.24 Sabena technics Products / Services (Product, Specification) Table 8.25 SIAEC Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website) Table 8.26 SIAEC Products / Services (Product, Specification) Table 8.27 ST Aerospace Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website) Table 8.28 ST Aerospace Products / Services (Product, Specification) Table 8.29 ST Aerospace Subsidiaries and Services for Modifications and Upgrades Table 8.30 Thales Group Overview 2012 (Total Revenue, Revenue from Market, % Revenue From Market, Global Market Share %, HQ, Ticker, Contact, Website) Table 8.31 Thales Group Products / Services (Division, Product, Specification) Table 8.32 TIMCO Aerosystems Overview 2012 (HQ, Website) Table 8.33 TIMCO Aerosystems Products / Services (Product, Specification) Table 8.34 Universal Avionics Systems Corporation Overview 2012 (HQ, Contact, Website) Table 8.35 Universal Avionics Systems Corporation Products Table 8.36 YRC Overview 2012 (Total Revenue, Revenue from Other Products, HQ, Website) Table 8.37 YRC Products / Services (Division, Product) Table 8.38 Zodiac Aerospace Overview 2012 (Total Revenue, HQ, Ticker, Website) Table 8.39 Zodiac Aerospace Products / Services (Product, Specification) Table 8.40 Other Leading Companies in the Market 2013 (Company, Product /service) Table 9.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Table 9.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast Summary 2013, 2018, 2023 ($bn, CAGR %) Table 9.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts Summary 2013, 2018, 2023 ($bn, CAGR %) Table 9.4 Regional Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Market Forecasts Summary 2013, 2018, 2023 ($bn, CAGR %)

www.visiongain.com

Contents
List of Figures
Figure 2.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Structure Overview Figure 3.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%) Figure 4.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Share Forecasts 2013-2023 ($bn) Figure 4.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarkets Share Forecast 2013 (%) Figure 4.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarkets Share Forecast 2018 (%) Figure 4.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarkets Share Forecast 2023 (%) Figure 4.5 World Commercial Aircraft Modernisation, Upgrade & Retrofit Avionics Submarket Forecast 2013-2023 ($bn, AGR%) Figure 4.6 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Avionics Share Forecast 2013, 2018 and 2023 (% Share) Figure 4.7 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors And IFE Submarket Forecast 2013-2023 ($bn, AGR%) Figure 4.8 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors and IFE Submarket Share Forecast 2013, 2018 and 2023 (% Share) Figure 4.9 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Forecast 2013-2023 ($bn, AGR%) Figure 4.10 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Share Forecast 2013, 2018 and 2023 (% Share) Figure 5.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Forecast Share 20132023 ($bn) Figure 5.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2013 (%) Figure 5.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2018 (%) Figure 5.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2023 (%) Figure 5.5 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%) Figure 5.6 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and 2023 (% Share) Figure 5.7 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%) Figure 5.8 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and 2023 (% Share)

www.visiongain.com

Contents
Figure 5.9 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%) Figure 5.10 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and 2023 (% Share) Figure 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%) Figure 5.12 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and 2023 (% Share) Figure 5.13 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%) Figure 5.14 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and 2023 (% Share) Figure 5.15 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%) Figure 5.16 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and 2023 (% Share) Figure 6.1 World Oil Prices 2003-2023 (Dollars per barrel, Brent Crude Oil)

Companies Mentioned in This Report


AAR Abu Dhabi Aircraft Technologies ADAT ABX Air Admiralty Partners Inc. AERGO Cargo Solutions (AERGO) Aerolineas Argentinas Aeromexico AeroMobile Aeronautical Engine Inc Aeronautical Engineers, Inc. (AEI) Aeronaves TSM, S.A. de C.V. of Mexico AF/KLM Engineering and Maintenance AgustaWestland Air Algrie Air Berlin Air Canada Air China Limited

www.visiongain.com

Contents
Air France Air Incheon Air Mauritius Air Moldova Air Niugini Air Tahiti Nui Air Transat Airbases Services Inc. Airbus Aircastle AirTran Airways Alitaila Allied Air Ameco Beijing American Airlines AMP International AmSafe Arik Air ARINC Incorporated Asiana Airlines ASL Aviation Group Astral Aviation Astronics Advanced Electronic Systems Corp. Astronics Corporation Atlas Air ATRAN Cargo Airlines Austrian Airlines Aveos Avianca S.A Aviation Capital Group (ACG) Aviation Partners Boeing (APB) Axis Airways Azerbaijan Hava Yollari (Azerbaijan Airlines) Azul Linhas Aereas BA MRO BAE Systems

www.visiongain.com

Contents
Ballard Technology Bedek Aviation Group Beechcraft Corporation Berkshire Partners Bluebird Cargo bmi Boeing China Cargo Airlines Boeing Shanghai Aviation Services Co., LTD Bombardier Aerospace Bombardier Learjet Brit Air British Airways Brussels Airport CargoAir Cathay Pacific Airways CDI Cargo Airlines (CDI) Cebu Pacific Cessna Aircraft Company China Cargo Airlines China Postal Airlines China South Western China Southern Airlines Cloudwatt Cobham Plc COMAC Continental Airlines Contour Aerospace Dassault Aviation Delta Air Lines Delta TechOps Deutsche Lufthansa AG DHL DHL Express Diehl Aerospace Diehl Aerosystems Diehl Aircabin

www.visiongain.com

Contents
Diehl Comfort Modules Diehl Group Diehl Service Modules DME Corporation Drukair EADS EADS Barfield EADS EFW EADS Sogerma Egypt Air EL AL Israel Embraer Emirates EMTEQ Esterline Ethiopian Airlines Etihad Group Euro Atlantic Airways Eurocopter Eva Air FACC AG FARNAIR Europe FedEx Finnair Flightstar Aircraft Services Fokker Aerostructures Fokker Aircraft Services Fokker Elmo Fokker Landing Gear Fokker Services Fokker Technologies FTSE Group Gatwick Airport GE Capital Aviation Services (GECAS) GKN Global AirWorks

www.visiongain.com

Contents
GOL Goodrich Corporation Guggenheim Aviation Partners (GAP) Gulfstream Aerospace Corporation Hamilton Sundstrand Hawaiian Airlines Hawker Aircraft Heath Tecna Honeywell Hong Kong Aircraft Engineering Company Limited (HAECO) Hong Kong Dragon Airlines Limited Hong Kong International Airport iAccess Technologies IAMCO Icelandair Technical Services Indigo Inmarsat Innovative Solutions & Support Israel Aerospace Industries ltd (IAI) JAMCO Aero Design and Engineering (JADE) Japan Airlines (JAL) Jetran Air Jetran International Jiuzhai Huanglong Airport Kahala Aviation Kenya Airways KLM KLM Cityhopper (KLC) L-3 Communication L-3 communications Integrated Systems LATAM LCF Lhasa Gonggar Airport Lockheed Martin London Heathrow Lufthansa German Airlines

www.visiongain.com

Contents
Lufthansa Technik AG Lufthansa Technik Qantas Engineering Lufthansa Technik Switzerland Luminescent Systems Canada Inc. (LSI Canada) Luminescent Systems Inc Magellan Air Marmon Group. McDonnell Douglas Messier Services MNG Technic Moog Aircraft Group Moog Group MSCI Singapore New Doha International Airport (NDIA)) New York JFK Airport Ngari Gunsa Airport Northrop Grumman Corporation Nouvelair Nyingchi Mainling Airport Okay Airlines Omni Air International Panasonics Avionics Global Paris Charles De Gaulle Airport PECO Inc. PEMCO PGA Electronic Polar Air Pratt & Whitney Qamdo Bangda Airport Qatar Airways Raytheon Regent Aerospace Rockwell Collins Rolls-Royce Royal Air Maroc SAA CARGO

www.visiongain.com

Contents
Sabena Sabena technics Samsung Group Saudi Arabian Airlines SHAECO Shanghai Foreign Aviation Service Corporation Shanghai Taikoo Aircraft Engineering Services Company Limited (STA), Shanghai Technologies Aerospace Company Shenzhen Donghai Airlines Shigatse Peace Airport SIA Engineering Company (SIAEC) Sideral Air Cargo Singapore Airlines Singapore Airport Singapore JAMCO Socit Mallet, Mlandri et de Pitray Sofradir South African Airlines Southwest Airlines SR Technics ST Aerospace ST Aerospace Engineering ST Aerospace Mobile ST Aerospace Panama ST Aerospace San Antonio ST Aerospace Services ST Engineering Stork BV Stork Technical Services Stratasys Sukhoi Swiss International Air Lines Sysgo Taikoo (Shandong) Aircraft Engineering Co. Ltd. (STAECO) Taikoo (Xiamen) Aircraft Engineering Co. Ltd. (TAECO) TAM Brazil

www.visiongain.com

Contents
Tampa Cargo Tampa Microwave TAP M&E Tenryu Aero Component Thales Group The Boeing Company The Greenbriar Group The IMS Company The Pritzker Group TIMCO Aerosystems TIMCO Aviation Services T-Mobile TNT Airways Tokyo Narita Touraine Air Transport (TAT) Transaero Airlines TransDigm Group Tucson International Airport Tunis Air Tupolev Turkish Airlines United Airlines Universal Avionics Systems Corporation UPS US Airways USA Jet USA Today UTair Virgin Atlantic Visionix Volant Aerospace Volga Dnepr Group World Airways Yangtze River Express Yokohama Aerospace America Inc. (YAA) Yokohama Rubber Company Ltd. (YRC)

www.visiongain.com

Contents
Zodiac Aerospace

Government Agencies and Other Organisations Mentioned in This Report


Civil Aviation Administration of China (CAAC) EUROCONTROL European Aviation Safety Agency (EASA) European Union (EU) Federal Aviation Administration (FAA) Hong Kong Civil Aviation Department (HKCAD) Hong Kong's Airport Authority International Air Travel Association (IATA) International Civil Aviation Organisation (ICAO) National Aeronautics and Space Administration (NASA) Organization of Petroleum Exporting Countries (OPEC) Royal Government of Bhutan UK National Statistics Bureau US Department of Transportation

www.visiongain.com

The Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023


5.5 Middle Eastern Commercial Aircraft Modernisation, Upgrade and Retrofit Market Forecast 2013-2023
Table 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %, CAGR%)
2013 2014 Sales $bn AGR (%) 0.90 4.5 0.95 5.0 2015 0.99 5.0 2016 2017 1.04 1.09 4.9 5.0 4.8 2018 1.15 5.5 2019 1.21 5.2 2018-23 5.3 2020 1.27 5.3 2021 1.35 5.7 2022 1.43 5.9 5.6 2023 2013-23 1.51 6.0 12.88

CAGR (%) 2013-18 CAGR (%) 2013-23

Source: Visiongain 2013

Figure 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%)
1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Year Mkt Value ($bn) Source: Visiongain 2013 AGR (%) 7% 6% 5% 3% 2% 1% 0% AGR % 4%

Figure 5.12 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and 2023 (% Share) 2013
9.7 % 10.0 %

Sales $bn

2018
10.5 %

2023

Source: Visiongain 2013

www.visiongain.com

Page 68

The Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023


5.5.1 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 5.12 Middle East Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints Drivers
Heavy maintenance checks are carried out at short intervals. Many Middle Eastern airlines have been at the forefront of adopting new Wi-Fi technologies on board their aircraft. They have also placed an emphasis on improving business and first class facilities in the cabin.

Restraints
The number of aircraft flying in the Middle East is much smaller than in any other region. There are only a handful of providers who have the expertise and ability to carry out engineering work. The political and security situation in certain parts of the region is affecting passenger numbers which are well down on previous years.

Source: Visiongain 2013

Table 5.13 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes (Company, Date, Details) Company
Qatar Airways

Date
January 2012

Details
Planned to halve the number of business class seats it provides on B777-300ER operated flights linking Doha and leisure-orientated cities in South East Asia. The routes in question were between the Gulf and the Thai capital of Bangkok and the Philippines capital of Manila. They also included Saigon and Hanoi in Vietnam. Insufficient demand on these routes for a 42-seater business class zone appears to be the reason for the decision.

Emirates/AMP International

March 2012

Has already selected the Cobham HGA-7001 for its new production of B777s, of which 37 are in active service, and a further 96 are expected to enter service over the next nine years.

EL AL Israel

April 2012

Selected Global AirWorks CDSS System for its entire fleet of aircraft - B737NG, B747, B767 and B77.

Etihad/ Panasonics

December 2012

Launched its first A330-200 aircraft fitted with its new Etihad Wi-Fly internet and mobile connectivity. The technology is

www.visiongain.com

Page 69

The Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023


7. Expert Opinion
7.1 Peter Murton - TAECO (part of HAECO)
Peter Murton is the Vice President of Commercial, Cabin Completion Centre, Taikoo (Xiamen) Aircraft Engineering Co. Ltd. (TAECO). TAECO is a subsidiary of the HAECO Group, one of the worlds leading aeronautical engineering groups. Peter Murton kindly provided answers to Visiongains questions in September 2013.

7.2 HAECOs Recent Involvement in Commercial Aircraft Modernisation, Upgrade & Retrofit
Visiongain: Could you outline HAECOs recent involvement in commercial aircraft modernization, Upgrade & Retrofit?

Peter Murton: The HAECO Group has many years of experience in the refurbishment, modification and reconfiguration of commercial aircraft cabins as an installation provider at its two main MRO locations in Hong Kong and Xiamen, mainland China. The HAECO Group has built up an excellent reputation in this area, having modified or reconfigured over 250 aircraft cabins, which probably ranks us as a top player worldwide for top tier airlines from the USA, Europe and the Asia Pacific. Our technical experience and operational efficiency has also made us a preferred installation partner of the major cabin integration houses.

The HAECO Group has also developed capabilities that complement its strength in the traditional MRO arena with higher value services such as Inventory Technical Management (ITM) and Fleet Technical Management (FTM). Furthermore, the HAECO Group now has cabin engineering design talents spread across three locations; Hong Kong, Xiamen in mainland China and San Antonio in the US operating under the brand of HAECO Cabin Solutions, in order to complement its VIP cabin completion services. The Group now holds design approvals from the HKCAD and CAAC, and has set up a certification house in San Antonio specifically to handle FAA certification projects.

The HAECO Group is currently undertaking its first turnkey cabin project encompassing programme management, engineering design, vendor management, certification and installation for the complete green cabin completion of 3 x 767-300s that will be delivered straight from Boeing to the HAECO Groups TAECO facility in Xiamen. The aircraft will have a two class cabin with lieflat business class seats and economy seats, complete with in-seat IFE. The HAECO Group is obtaining an FAA STC and concurrent EASA STC for this project.

www.visiongain.com

Page 85

The Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023


8. Leading Companies in the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market
8.1 AAR Overview
Table 8.1 AAR Overview 2012 (Total Revenue, Revenue from MRO Segment, HQ, Ticker, Contact, Website) 2012 Total company revenue $bn Revenue from MRO Segment Headquarters Ticker IR Contact Website
Source: Visiongain 2013 $2.064bn $422,169 Illinois, USA AIR Tel: 630-227-2075 www.aarcorp.com

Table 8.2 AAR Products / Services (Product, Specification) Product


Overhaul and Modifications

Specification
Capabilities include aircraft inspection and repair; major airframe modifications; avionic service and installations; structural repair; exterior and interior refurbishment; and complete engineering service and support.

Source: Visiongain 2013

8.1.1 AAR One of the Largest Independent MRO providers in North America
AAR was incorporated in 1955 and serves passenger airlines, cargo carriers, tier two suppliers and aircraft and engine OEMs with diverse MRO, engineering (including modifications and upgrades), logistics and precision fabrication capabilities. AAR provides both stand-alone services and customized, integrated solutions. The company states that it is the largest independent provider of MRO services in North America.

AAR operates 1.3 million square feet of hangar space and specializes in maintenance checks, modifications/conversions, installations and paint services, with an emphasis on heavy C and D

www.visiongain.com

Page 88