Press Release Aerospace
Optimism pervades Berlin Air Show
German Aerospace Industries Association reports record high turnover in 2015
May 31, 2016
Berlin (GTAI) - The Berlin Air Show takes off at the city’s ExpoCenter Airport in the south of Berlin on June 1, with the German Aerospace Industries Association reporting a record high turnover in 2015 of €34.7bn. Along with a 1% rise in employees within the industry, the new high is the clearest sign yet of how well the aerospace industry in Germany is performing. With industry analysts suggesting that the next 20 years should see the production of some 30-35,000 new aircraft to meet the increasing global aviation demand, it’s a trend looking likely to continue. “This [growth] applies particularly to our systems producers and especially to our high-performance, highly-specialised Mittelstand,” explained BDLI President Bernhard Gerwert. “This … positive development is largely thanks to the innovation, industry foresight and engagement of our workforce.”
The Mittelstand – Germany’s economic backbone of small-to-medium sized enterprises comprising 99.6% of all German enterprises – is gaining in importance in the industry, as the Industrie 4.0 strategy gathers pace. IT solutions are set to penetrate all aspects of aircraft production and operation, not least the use of real-time big data to improve maintenance, ground time and in-flight operations. Then there is the research being done into aspects such as newer, lighter materials, 3D printing of aircraft parts and improvements to aerodynamics.
In an industry on the upswing, in a country looking more and more a safe haven for investment in a period of global economic uncertainty, the Mittelstand contains leading research companies across the entire value chain and as such, should be a hot topic of discussion for investors looking to play a role in the industry’s continued success.
“The industry in Germany has one of the highest R&D spends relative to overall turnover,” said Rico Trost, Manager of Transportation Technologies at Germany Trade & Invest, the federal economic development agency. “German-made aerospace solutions are being increasingly demanded. Strong government backing – a result of Germany’s High-Tech strategy - is enabling support for a wide variety of business activities at different stages of the investment process, helping Germany’s numerous Mittelstand companies form a global research centre for tailor-made, value-creating solutions.” Mr. Trost, and two of his colleagues from GTAI, will be available for more information at stand 303 in hall 2 at the ILA show from Wednesday to Friday, at the stand run by the German Federal Ministry for Economic Affairs and Energy.