The study also reveals that the commercial aircrafts in the short-term could grow 5.5% by 2012 due to increased global air-traffic and greater need for updated fuel-efficient aircrafts. However, the industry suffers from capacity constraints since “the aerospace supply chain was basically decimated by the economic downturn, as even sold orders were put on hold or otherwise put in a lumpy, stop-and-go mode,” commented David Wireman, director in AlixPartners’ Aerospace and Defense Practice, according to the report.
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Max Chen contributed to this article.