Plans to boost aerospace sector outlined in federal government's Budget 2021 - Skies Mag

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  April 29, 2021

  NGC Aérospatiale célèbre 20 ans de succès | NGC Aerospace Ltd

  SHERBROOKE, Québec, Canada [30 avril 2021] — Célébrant 20 ans de succès et d’innovation depuis sa fondation le 30 avril [...]

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  October 30, 2020

  HebdoSTIQ - 29 octobre 2020

  VOLUME 21, No 41 29 octobre 2020 Événements à venir Occasions d'affaires Actualités Le Symposium sur le marché canadien de la défense et de la sécurité au Québec a connu un franc succès! Programme Podium Transport 2020 – Bravo aux entreprises participantes! Le programme Podium Transport vise à accélérer la compétitivité des PME manufacturières québécoises qui évoluent dans les chaines d'approvisionnement du secteur du transport terrestre FLEXPIPE se réinvente et lance tinktube en pleine pandémie mondiale Découvrez tinktube L'effervescence de la chaîne bioalimentaire et agroalimentaire Dans sa nouvelle série Les Grandes entrevues, Amyot Gélinas, s.e.n.c.r.l. vous propose une entrevue réalisée avec Monsieur André Lamontagne, ministre de l'Agriculture, des Pêcheries et de l'Alimentation La croissance en période de pandémie Un article du Cercle gouvernance diversité prospérité Bienvenue aux nouveaux membres! STIQ est fière d'annoncer la récente adhésion d'AV&R, Dynamic Concept et Gentec à son réseau multisectoriel d'entreprises manufacturières Portrait membre : Technologie Hypertronic Partenaire de choix pour le développement de produits électriques/électroniques Creaform annonce Creaform Connect : Le salon des solutions de mesure 3D Le salon virtuel et la conférence vous donneront l'opportunité de découvrir les dernières innovations de Creaform au service des professionnels 35e anniversaire du Centre de métallurgie du Québec (CMQ) Lancement du 52e numéro du magazine Al13 Salon connexion 100 % virtuel Événements Les Affaires – Assistez au plus important événement au Québec entièrement dédié à la transformation numérique les 10, 11, 12 novembre prochain en ligne! Une croissance verte pour l'avenir du Canada Joignez-vous à ce webinaire organisé par EDC, le 5 novembre prochain de 13 h à 14 h Les entreprises peuvent tirer des enseignements de la propagation mondiale de la COVID-19 Un article de la Banque de développement Canada Les bonnes nouvelles de l'industrie Elmec, PolarMade, Nouveau Monde Graphite, Olin Corporation Occasions d'affaires Occasions d'affaires privées 2020SC045 – Recherche une presse plieuse de 16 pi. / 220-260 tonnes Produits métalliques 2020SC044 – Recherche de fournisseurs pour pièces moulées à partir de feuilles PTFE Médical et hospitalier Mise en forme de feuille de PTFE. L'entreprise a besoin d'expertise dans un projet de fabrication, afin d'obtenir la mise en forme d'une composante PTFE. 2020SC045 – Recherche une presse plieuse de 16 pouces / 220-260 tonnes. Produits métalliques Occasions d'affaires Appels d'offres publics 2020TT123 – Acquisition d'une caisse d'utilité d'aluminium avec grue et tarière hydraulique, installation incluse Transport (fabrication de matériel de), sauf aérospatiale 2020TT124 – Achat d'un centre d'usinage à contrôle numérique Entreprises et établissement de services 2020TT125 – Fourniture de fûts et de potences en aluminium – éclairage public Matériel et appareils électriques 2020TT126 – Fourniture de luminaires de rues Matériel et appareils électriques 2020TT127 – Remplacement des murs rideaux Construction 2020NR367 – Fourniture de matières premières métalliques pour une période d'un an Transport (fabrication de matériel de), sauf aérospatiale 2020NR368 – Pièces de fonderie pour équipements municipaux Environnement 2020TT122 – Acquisition de pièces pour modifier un camion de déneigement, installation comprise Transport (fabrication de matériel de), sauf aérospatiale 2020NR359 – Fourniture et installation de panneau électrique, pour sous-station d'usine de filtration Environnement 2020NR358 – Aménagement d'1 fourgonnette avec monte-charge et d'1 mini-fourgonnette Transport (fabrication de matériel de), sauf aérospatiale 2020NR357 – Entretien préventif, correctif ou d'urgence d'appareils de levage Énergie (production et distribution) 2020NR356 – Entretien correctif et préventif de vérins hydrauliques Énergie (production et distribution)

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  April 15, 2020

  Plunge in air traffic will deeply impact demand for new aircraft

  Manfred Hader SENIOR PARTNER, CO-HEAD OF GLOBAL AEROSPACE & DEFENCE PRACTICE Hamburg Office, Central Europe +49 40 37631-4327 Plunge in air traffic will deeply impact demand for new aircraft The COVID-19 pandemic has the potential to trigger a global economic crisis of significant dimensions, affecting all industries. One of the industry sectors in the eye of the coronavirus storm is aerospace. Global air traffic has been brought to an almost complete standstill by the COVID-19 outbreak. While air traffic has consistently shown a solid recovery from previous crises, the debate is wide open about how traffic will recover following the current crisis and what this will mean for the civil aircraft manufacturing industry, the supply chain and aftermarket support businesses. Previous crises like 9/11, SARS or the financial crisis of 2008/09 all demonstrated a recovery along V- or U-shaped curves back to the pre-crisis growth path. As COVID-19 is a fully global crisis of unprecedented magnitude, we need to consider whether we might see an L-shaped recovery with consistently lower levels of air traffic and permanently slower growth after the crisis. The debate is fueled by two questions for which there is no real precedent to extrapolate from but which could be transformational for the industry: What is the magnitude of the COVID-19 crisis, and will it change the way we perceive air transport? Will the crisis highlight obsolete industry structures and cause the bubble of huge aircraft orderbooks to burst? This article discusses three key questions: 1. How deep will the crisis be for aviation, and how long will it last? We examine different scenarios for global air traffic development in the coming years. 2. What will be the impact on the aerospace industry? We derive the impact of these scenarios on the demand for new aircraft and MRO (maintenance, repair and operations). 3. What needs to be done to manage the crisis? We discuss what the aerospace industry could look like in a post-COVID-19 world and what measures need to be taken to mitigate risks and capture opportunities. 1. How deep will the crisis be and how long will it last? The magnitude of the air traffic crisis can be characterized by four key indicators: The longer the restrictions last, the more airlines will run out of liquidity, leading to bankruptcies, nationalizations or consolidation, hence causing an irreparable change in the industry landscape and customer structure for aircraft manufacturers. Moreover, the longer the restrictions last, the greater the possibility that temporary behavioral changes imposed by the pandemic may become permanent (e.g. reduction of business travel as a result of increased digital communication). Once the air travel restrictions are lifted, the time to recovery will be impacted by potential new outbreaks of the disease, leading to recurrent waves of further travel restrictions and hence fluctuating travel volume at lower levels. The combination of a long duration of travel restrictions and repeated outbreaks over an extended period of time might lead to a "new normal", with global air traffic volumes settling at a lower level – an effect that has never occurred before in the history of commercial aviation. The combination of a long duration of travel restrictions and repeated outbreaks over an extended period of time might lead to a "new normal", with global air traffic volumes settling at a lower level – an effect that has never occurred before in the history of commercial aviation. 3. What needs to be done to manage the crisis? It can already be anticipated that the post-crisis aerospace industry will not look like it did before the crisis: Significant downsizing of operations is to be expected for both OEMs and suppliers – the industry will need to offset the resulting loss of scale with a step up in efficiency, potentially taking advantage of the crisis to take actions that would be unpalatable in easier times. Weaker suppliers (e.g. those with heavy exposure to the B737, more aftermarket exposure and less counter-cyclical defense business) will come under severe financial pressure. A significant consolidation of the industry by companies with strong balance sheets must be expected, either to take advantage of distressed assets or to bail out suppliers to safeguard the stability of their supply chain. One of two possible post-crisis industry models could emerge: 1. A more OEM-centric industry model whereby the OEMs consolidate key parts of the supply chain to stabilize and rationalize it. 2. A more balanced industry model between OEMs and key Tier-1 suppliers, where the Tier-1s have consolidated even more, amassed scale and are now on a level playing field with the OEMs. As the aerospace industry relies on a highly interconnected and mutually dependent supply chain, the crisis needs to be managed on two levels in parallel: On an individual company level, cash will be king. Protecting cash positions will be key to ensuring survival while managing the ramp-down, stabilizing and securing the supply chain and seizing opportunities in the market – we may therefore expect a cash squeeze in May and June as new production schedules become established but activities have not yet been rationalized. Preparing for the "new normal", rightsized and potentially repositioned operations must start immediately. To this end, the company's strategy, its industrial footprint and operating model, needs to be reviewed and a blueprint developed to fit with the "new normal" and provide the right framework for short-term actions and strategic moves. At industry level, companies and governments will need to work closely together to ensure that key industrial capabilities do not fall through the cracks, as this would put the whole industry at risk. Therefore, the industry will have to: Quickly reach a consensus on the "new normal" production rates Define a joint plan for how to transform the industry from its status quo to the "new normal" level Identify at-risk elements in the transition process and develop plans to support them Once this picture is clear, government support may need to be called upon to safeguard the short-term functioning of the industry and help manage the transition to the "new normal" for this strategically important sector. https://www.rolandberger.com/en/Point-of-View/COVID-19-How-we-will-need-to-rethink-the-aerospace-industry.html