• Title/Summary/Keyword: Aircraft market

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The Trend and forecast of Civil Aircraft market (세계 민간 항공기 시장 동향과 전망)

  • Chang, Tae-Jin
    • Current Industrial and Technological Trends in Aerospace
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    • v.8 no.1
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    • pp.12-22
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    • 2010
  • The great recession which caused by financial crisis made steep rise of oil price and the serious problems of the aircraft industry. High oil price increases operating cost and the recession decreases air traffic. After a period of high book order and delivery from global economic recovery, the aircraft order fell down suddenly. Also the Aircraft price and lease rate deceased and the MRO market is reduced, too. But, the air cargo and passenger increase again since late of 2009. So, it is difficult to predict the market movement, most of the forecasters agreed that the air traffic and aircraft demand will grow gradually in long term with the growth of emerging markets like China, India and Africa. And more efficient, safe and clean aircraft is needed and will need in the market.

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The Market result and forecast of Commercial Aircraft industry (세계 상용 항공기 시장 성과와 전망)

  • Chang, Tae-Jin
    • Current Industrial and Technological Trends in Aerospace
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    • v.9 no.1
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    • pp.15-26
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    • 2011
  • The airliners are replacing their old fleet by brand new ones while the air traffic has recovered from the great recession. And the delivery and the backlog get almost highest record still in 2010. The single aisle leads the market and it will show harder competition with more efficient challengers. The recent strong demand of new aircraft reduces MRO and lease market and it makes some worries about the bubble in civil aircraft industry. In the long time forecast, the civil aircraft industry will grow steadily with over 60,000 delivery for 20 years. and the commercial aircraft market will be about 31,000~34,000 of them. And the emerging market will lead the growth.

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A Study on Outworn Aircraft Management Scheme Using Market Basket Analysis (장바구니 분석을 이용한 노후 항공기 관리방안 연구)

  • Jung, Chi-Young;Lee, Jae-Young
    • Journal of the Korea Institute of Military Science and Technology
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    • v.13 no.1
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    • pp.77-83
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    • 2010
  • In this paper, we proposed new outworn aircraft management procedure. ROKAF has both good management skill and information system, AMMIS, regarding aircraft maintenance based on all kinds of aircraft's defects. To optimize and secure aircraft's operation, management of the outworn aircraft is very important for ROKAF. With respect to these outworn aircraft's defects and maintenance, we analyzed defects occurrence pattern of outworn aircraft by using AMMIS data and Market Basket Analysis, and found the specified association rules for each defect. By using these association rules, we developed new management procedure for outworn aircraft based on the results of affinity analysis. The management procedure in this paper will also be used to optimal operation and maintenance of other aircraft and weapon systems.

How Does Technological Convergence Influence Firm Performance?: A Case Study of Automobile Firms Adopting Aircraft Technologies (기술 융합이 기업 성과에 미치는 영향: 항공기 기술을 사용한 자동차 기업을 중심으로)

  • Park, Junwoo;Moon, Seongwuk
    • Journal of Technology Innovation
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    • v.25 no.3
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    • pp.197-231
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    • 2017
  • We investigate the effect of technology convergence and spillover on firm performance. In doing so we specifically examine how automobile firms adapting aircraft technologies perform in stock market and product market. In order to use technology convergence and spillover, we investigate the patent citation relationship between aircraft and automobile related patents and construct the measures on automobile firms' adaptation of aircraft technologies. We also measure automobile firms' performance based on market value of firms in the stock market and revenues in product market. We find that the market value increases as automobile firms use the knowledge of aircraft technologies more. However, there is no relationship between the use of the aircraft technology and the revenue of automobile firms. This suggests that the use of advance aircraft technology plays a positive signaling role in financial market while it is not associated with generating revenues in product market.

The Trend and forecast of Regional Aircraft market (세계 중형 항공기 시장 동향과 전망)

  • Chang, Tae-Jin
    • Current Industrial and Technological Trends in Aerospace
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    • v.7 no.1
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    • pp.11-19
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    • 2009
  • Though the regional airlines have grown consistently with world's economic recovery after 2001, now the future of them is uncertain from the current economic depression since 2007. In the regional aircraft industry, there have been two main trends that larger airplanes and regional jets inroad the market. But, the situational change including radical rise of oil price and worldwide recession induces the managerial damage of airlines and it makes them doubt about the regional jet which has been the main stream of regional aircraft after the success of the ERJ-145 in 1990s. Still, most of being developed or planed regional aircrafts choose turbo fan, the future demands of turboprop increase and it becomes a good alternative of future regional aircraft in many market forecasts. Thus in this paper, current situation and tendency of regional aircraft market are investigated with various market forecast reports.

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Catching-Up and National Environment: The Case of the Korean Aircraft Industry

  • Hwang, Chin-Young
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2000.11a
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    • pp.227-245
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    • 2000
  • Korean firms have attempted to catch up in the aircraft industry during last quarter century. Korean firms have built up their capabilities by moving from parts manufacturing through subassembly to system integration. The number of projects carried out and the intensity of technological effort undertaken by firms strongly influences market position and firm performance. However, successful catching up is not simply dependent on capability building within the firm. The national environment (Porter, 1990) in which firms are located plays a pivotal role. The Korean government has been effective in creating a favorable environ-ment in many areas, but has not been able to replicate this success in the aircraft industry. Opportunities for learning in the aircraft industry have been hampered by the small size of the Korean civilian aircraft market and the sophisticated requirements of military systems. A policy of domestic rivalry in airframe manufacture has created too many firms for such a small market. The ability of Korean firms to catch up in the aircraft industry depends on both the internal capabilities of firms as well as appropriate government policies and the involve- ment of government research institutions and universities over an extended period of time. There have been many studies about the catching up of developing countries in mass production (such as automobile, consumer electronics, and recently DRAM), but few in complex systems, such as aircraft.

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Aircraft derivative design optimization considering global sensitivity and uncertainty of analysis models

  • Park, Hyeong-Uk;Chung, Joon;Lee, Jae-Woo
    • International Journal of Aeronautical and Space Sciences
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    • v.17 no.2
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    • pp.268-283
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    • 2016
  • Aircraft manufacturing companies have to consider multiple derivatives to satisfy various market requirements. They modify or extend an existing aircraft to meet new market demands while keeping the development time and cost to a minimum. Many researchers have studied the derivative design process, but these research efforts consider baseline and derivative designs together, while using the whole set of design variables. Therefore, an efficient process that can reduce cost and time for aircraft derivative design is needed. In this research, a more efficient design process is proposed which obtains global changes from local changes in aircraft design in order to develop aircraft derivatives efficiently. Sensitivity analysis was introduced to remove unnecessary design variables that have a low impact on the objective function. This prevented wasting computational effort and time on low priority variables for design requirements and objectives. Additionally, uncertainty from the fidelity of analysis tools was considered in design optimization to increase the probability of optimization results. The Reliability Based Design Optimization (RBDO) and Possibility Based Design Optimization (PBDO) methods were proposed to handle the uncertainty in aircraft conceptual design optimization. In this paper, Collaborative Optimization (CO) based framework with RBDO and PBDO was implemented to consider uncertainty. The proposed method was applied for civil jet aircraft derivative design that increases cruise range and the number of passengers. The proposed process provided deterministic design optimization, RBDO, and PBDO results for given requirements.

The history and current state of Korean Aircraft Industry (한국 항공기산업의 발전 과정과 현황)

  • Choi, Woo-Young
    • Current Industrial and Technological Trends in Aerospace
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    • v.9 no.1
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    • pp.27-36
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    • 2011
  • In this paper, I summarized the history and current state of korean aircraft industry. The Korean aircraft industry, beginning from maintenance business after Korean War, has been industrialized from 1976. From that time, aircraft industry in Korea has been steadily developed through big scale national projects usually military related. The current relationship of aircraft industry, government projects, policies in Korea is also summarized in this paper. By the big scale military projects, like KTX, KFP, KHA, etc., Korean aircraft industry has accumulated and developed essential technologies of the aircraft industry, and recently tries to develop even more by participating in the world civil aircraft market, which asks Korea of the harmonious effort of government, industry, and R&D sector. Considering that aircraft industry is not the optional but the essential for the national development in 21st century, the more harmonious and intensive effort of Korean aircraft industry will be absolutely needed.

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Study on the Current status and prospects of China aviation industry (중국 항공산업현황 및 전망에 관한 연구)

  • Lee, Ki-Heon;Hwang, Ho-Won;Oh, Young-Jin
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.22 no.1
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    • pp.51-64
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    • 2014
  • According to the prediction of Aviation Industry Corporation of China, in the next 20 years, China will have an increase of 4,583 civilian airliners, including 3,682 jumbo jets and 901 regional aircrafts. Chinese commercial aviation aircraft market will undoubtedly grow rapidly. until the year 2030, China's share of the global aircraft fleet will increase from 9% to 15%. In addition, the business jet market has a huge growing room in the global industry, the deliveries will reach 10,000 units in the next 10 years, and the Chinese market deliveries will reach 23,600 in the next 20 years. China's aviation market, is and will be enormous in the future. It is one of the main engines of economic growth in the field. China's civil aviation transportation is based on dazzling economic development. Air transport is the fastest growing power for the time being. China's aviation sector will have an average annual gross of about 10%, and more likely to continued growing and it is expected to be world's major aviation market around the world. As the result, since one of future the important industries will be emerged, Air policy enforcement and considering the reality of our future prospects for the airline industry presented.

KT-1 Market Assessment Study (KT-1 Market Assessment 연구)

  • Je, Sang-Eon;Kim, Do-Jun;Lee, Jae-Myong;Park, Chan-Woo;Cho, Tae-Hwan;Kim, Jin-Seok;Lee, Jin-Gyun
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.36 no.4
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    • pp.368-374
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    • 2008
  • The basic Trainer Aircraft of The Korean Air force KT-1/KO-1, which was designed and developed by Korean Technology has been a primary candidate as a replacement for the aging basic trainer or armed version for surface support operation for the nations such as Mexico, Philippine, Turkey, Venezuela and etc. In this study, competitors for the same class aircraft and the present operational status of the basic trainer of the world were identified and the fade out periods were also predicted. The result of this market analysis showed the required number of aircraft by the year 2025 for 33 countries as 4500. The exportable number of KT-1 aircraft was predicted considering the political/diplomatical environments, economic environment and also by the ability of producing same class aircraft of the country.