The words, numbers, and graphs in this article illustrate who is building aircraft now and who will be in ten years. But the numbers represent only the value of deliveries; they exclude the broader footprint of the industry, which is about two to three times as large as the value of total new build deliveries. The numbers also exclude RDT&E and the generally more lucrative after-market support business. We estimate that the latter two broad business categories, plus upgrades, are worth about 200% of the value of new aircraft manufacture annually. Therefore, since the new aircraft market is worth $180–$210 billion per year, we reckon that the total aircraft industry contributes $700–900 billion annually to the world economy (that covers the broader industry footprint plus research and sustainment). And this figure excludes numerous related industries, such as airlines, air traffic control, and military air base support services. The numbers also exclude other aerospace business done by the companies involved.


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Aerospace, News