Flying high, the sky is the limit for the world of aircraft makers. As aircraft makers are soaring high, the profitability of airlines too touched $34.5 billion in 2017, the projected growth in 2018 is $38.4 billion, hence airline carriers are demanding new and more aircraft from the Original Equipment Manufacturers (OEMs).
The OEMs, over the years, have been extremely focused on manufacturing more aircraft to meet delivery schedules. The aircraft deliveries are likely to reach the record high in 2018 with all OEMs ramping up their production rate.
Meanwhile, Unuon Civil Aviation Minister Suresh Prabhu has asked aircraft manufacturer Airbus to build planes under the ‘Make in India' initiative and contribute to the country's growing aviation sector. Airbus, currently, has over 300 aircraft flying in the Indian skies. However, there are other aircraft manufacturers too. Let's take a glimpse of the world of aircraft manufacturers.
Top five Aircraft Manufacturers in the world | Know all about it
1. AIRBUS
Airbus stepped into the bizliner market in 1997 with their Airbus Corporate Jet, an executive segment of its A319 airline. In 2017, the company eased its naming system and renamed the three iconic bizliners as the ACJ 318, ACJ 320 and ACJ 319. The company offers executive segments of A330, A340, A350 and A380 for the VVIPs, government officers and other customers who demand extra space during long-distance journeys.
2. BOEING BUSINESS JETS
Boeing Business Jets got fame with its BBJ, which consist of the 737-700 series airframe with landing gear, the wing of the larger 737-800 series. Another version of the BBJ2 has 25 per cent more cabin space and its big brother the BBJ3 is inspired by the 737-900ER. Each and every Boeing jets, from the 737 to the latest 747-8 and the 787 are now available in VIP versions. Boeing dispatched its first 747-8 VIP in February.
3. BOMBARDIER AEROSPACE
Bombardier started as a snowmobile manufacturing firm in 1942 and has now grown into one of the world’s largest manufacturers of business jets and regional airliner. In the last decade, the company has launched numerous business jets like Learjet 40, Challenger 300 and 605, and Globar 5000 and 6000. The upcoming Learjet 85 will be the first all-composite business jet. In the month of May, the company introduced the Learjet 70 and 75.
4. CESSNA AIRCRAFT
Cessna started its venture by building its first airplane in 1929 and has since rolled out more than 190,000 aircrafts. Out of 16,000 business jets in the world, Cessna has produced one-third of them. For the growing Asian market, the company will produce ‘The Sovereign’ and ‘The new Latitude’ in China and develop a new jet in collaboration with China’s Avic.
5. DASSAULT FALCON
Dassault Falcon builds airframes in its factory, which is located in southwest France. Dassault proudly own the Falcon 900 and 2000 families of business jets. The company recently manufactured the 7X tri-jet powered by the latest in fly-by-wire flight control technology and fighter-jet-style sidesticks in the cockpit. The next Falcon is reportedly named as the SMS and will consist of a twin-engine jet. The lower-cost Falcon 2000S will be certified later this year.