Industry Poised for Transformation in Face of Market Downfall
Deloitte analysts painted stark market conditions facing the aerospace industry, but said the upheaval will lead to leaner, more efficient businesses.
Aerospace businesses face a long recovery and a reshaping of focus.
Aerospace businesses face a long recovery and a reshaping of focus.

The aerospace market is positioned for a significant transformation with smaller, more focused companies expected to emerge from a stark market that might take at least five years to recover, analysts from Deloitte United Kingdom said.