AUDIO NEWS RELEASE
Listen

Of the 136 Aerospace Survey Respondents: :

83%

Likely To Acquire or Lease Energy Efficient Aircraft

68%

to Take Wait-and-See Approach Towards New Aircraft Technology

62%

Express Concern About Regulations to Curb Carbon Emissions

Related Resources

                       

2011 Global Aerospace Outlook

Challenges of an
Ever-Changing Industry

At a Glance

How likely are you to acquire or lease newer, fuel-efficient aircraft within the next five years?

As it looks to regain its footing, today’s airline industry is trying to keep its balance against fluctuating fuel costs, a desire to boost efficiency, and a marketplace that is forcing many into consolidation.

For many, this means improving their overall efficiencies. This is taking the form of building fleets with new, more fuel-efficient technologies, optimizing labor costs, and increasing industry consolidation, all while dealing with the effects of greater global competition. It’s not easy. But they believe that they need to put all these parts in place to move to a period of sustainable growth.

To gauge the impact of these challenges, Forbes Insights, in association with CIT, a provider of transportation finance, surveyed 136 fleet and finance executives at airlines around the world. The survey identified many concerns that these executives will have to deal with over the coming years. Should they be able to address their challenges, they are poised to return to growth as the economy rebounds.