After years of turbulence, the global aviation industry is clearly picking up speed again. Passenger numbers are now almost at pre-crisis levels, but there is still a "pandemic gap" of around 30%, which is likely to be closed in the coming years. Forecasts predict annual passenger growth of 4-5% worldwide, and even up to 6% in Asia by 2044.
This will benefit manufacturers in particular, but also suppliers: $AIR (-0,19%) , $SAF (-1,46%) or $MTX (-0,35%) MTU Aero Engines have full order books and stable margins.
For example, Airbus and $BA (+0,23%) are considered structural winners in the industry due to their duopoly structures and the long-term visibility of their orders.
Airlines and airports, on the other hand, are much more volatile and are more dependent on the economy, energy prices and geopolitical developments.
👉 The complete analysis with detailed figures, market forecasts and company examples can be found in the verlinkten Artikel
