Commercial Aerospace Faces Difficult Outlook Oct 01

  • ID: 2042253
  • October 2001
  • Standard & Poors
1 of 3


  • AAR Corp.
  • Aviation Sales Co.
  • Boeing Co.
  • DeCrane Aerospace Inc.
  • Hexcel Corp.
  • Pentacon, Inc.
  • MORE

The Sept. 11, 2001, terrorist attacks against the U.S. have had a severe impact on commercial aviation. In the wake of those attacks, commercial aerospace intermediate-term business prospects deteriorated significantly, with many uncertainties ahead. The domestic airline industry has been hit particularly hard and most carriers have reduced capacity by about 20%. The overall impact on non-U.S. airlines has been mixed and less dramatic, but still quite negative. As a consequence, companies serving the airline sector--airplane manufacturers; engine producers; suppliers of aircraft systems, components, and materials; and vendors providing aviation support services--will be adversely affected to various degrees. In addition to lower demand for their products and services, aircraft and engine builders are likely to face higher financing requests from...

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- Boeing Co.
- Goodrich Corp.
- Boeing Capital Corp.
- Textron Inc.
- United Technologies Corp.
- Honeywell International Inc.
- Airbus Group SE
- Sequa Corp.
- Bombardier Inc.
- B/E Aerospace Inc.
- Mercury Air Group, Inc.
- Precision Castparts Corp.
- Pacific Aerospace & Electronics Inc.
- TransDigm Inc.
- Rolls-Royce PLC
- Pentacon, Inc.
- Fairchild Corp.
- Dunlop Standard Aerospace Holdings PLC
- Worldwide Flight Services Inc.
- Rockwell Collins Inc.
- Aircraft Service International Group Inc.
- Hexcel Corp.
- AAR Corp.
- K&F Industries Inc.
- Argo-Tech Corp.
- Kellstrom Industries, Inc.
- Aviation Sales Co.
- Compass Aerospace Corp.
- DeCrane Aerospace Inc.

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