Sanguine projections for equipment demand by the air transport industry suggest good times ahead for the likes of Boeing and Airbus, and increasing production levels by both of the world’s major airframe OEMs would seem to reflect a level of optimism not seen in quite some time. But for Adam Pilarksi, senior vice president with U.S. aircraft value specialist Avitas, the industry faces not so far-fetched dangers that could derail its impressive recovery from the most recent recession and prove the airframers’ zeal to speed production misguided.
Speaking with AIN in the weeks leading up to the Paris Air Show, Pilarksi wouldn’t fault the airframers for their decisions, however. Indeed, he said, they acted in their own best interests by raising production, particularly of widebodies. “Different parties have different interests in mind, and they follow their self-interests, and within each party there are also different players,” said Pilarski. “You cannot blame the manufacturers for selling aircraft, the same way if I go to a restaurant and order a chocolate dessert, the waiter shouldn’t say, ‘Hey, chubby, you don’t really need it.’”