Commercial aircraft manufacturers' revenue is expected to reach high levels in 2013 due to an upsurge in the production rate, and because of the introduction of next-generation aircraft. The seven-year moving average of production is expected to go beyond 1,000 aircraft this year.
A company like Triumph Group (TGI) that supplies aerospace structures and components to its aircraft manufacturing customers like Boeing (BA), Airbus, and Bombardier will benefit from this rise.
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Source: 2013 Global aerospace and defense industry outlook
As shown in the figures above, there is a decrease in the number of orders the manufacturers will receive this year. However, backlogs are expected to grow continuously that will result in...
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