Six forces are shaping the future of commercial aerospace and aviation. Here’s how to address them to seize future opportunities.
All along the commercial aviation value chain – support providers, manufacturers, and suppliers – companies are recovering from the severe impacts of the pandemic. The industry also faces several fresh challenges, such as prolonged supply chain constraints, new patterns of travel, increased pressure to reduce fossil fuel emissions. The basic assumptions guiding strategy, investment, and decision-making before the pandemic are no longer sufficient in this environment.
Our new KPMG report, A New Flight Plan: the commercial aviation value chain in 2023 discusses the implications of the current economic turbulence and the six key forces influencing the vector of industry growth. We also offer prescriptive guidance to help commercial aerospace value chain players navigate today’s business challenges and emerge ready for the future of commercial aviation.