Aircraft industry faces significant slowdown in first half of 2024
Orders and deliveries for the two aerospace giants have sharply declined.
This edition of The Mobility Week in Review explores several key developments: the dramatic drop in aircraft orders during the first half of the year, BYD’s plans to establish a factory in Turkey, the implementation of speed limiters in European cars, the reduction in Voi’s losses, and the upcoming increase in public transport costs in Germany.
Without further delay, let’s dive in…
📉 After a feast in 2023, Airbus and Boeing enter a lean period
A major question in the offices of leading aerospace companies was whether the historic order numbers achieved in 2023 were due to the industry standstill caused by the pandemic, or if they signaled the beginning of a new era of unchecked growth. The first six months of 2024 have made it evident that the former explanation is more likely to be correct. Orders received by Airbus and Boeing have dropped by 78%.