Forecast International is questioning whether component suppliers will manage to keep up with the demand from Airbus and Boeing as they prepare to raise production rates of commercial airliners over the next 10 years. Forecast’s newly released report, “The Market for Large Commercial Jet Transports,” projects that 14,655 large commercial airliners will roll out over the 10-year period 2012-2021.The U.S market research firm estimates the value of the production at $2.04 trillion.
“Airbus and Boeing, the two dominant manufacturers in the market, are implementing production increases and are considering additional increases for the future,” said the consultancy.“However, determining how fast and high to increase production is a tricky proposition for the two companies. In addition to the vulnerability of their supply chains, another concern is the overall health of the airline industry.”