San Fernando Valley Chapter meeting on July 16
Meeting Location: City National Bank,
15260 Ventura Blvd., 16th floor, Sherman Oaks, CA 91403
Meeting Date: July 16, 2019
Meeting Time: Doors open at 7am, Meeting 7:30-9:00am
The 2019 Paris Air Show (or Le Bourget) was really all about uncertainty – the uncertainty heading into the airshow was the highest it has been in several years. All this uncertainty is driven by the state of the market, the grounding of the 737 MAX and what that means to the market, significant continued consolidation, changing dynamics, changing technology, the impact of Brexit (again) and the impact of growing defense programs.
Going into the show, there were nine key topics to watch for at the show:
• The continued grounding of the 737 MAX and when it will return to service?
• What is the health of the commercial aircraft cycle – will we see the new aircraft order bonanzas of previous shows or is the bubble ready to pop?
• New aircraft model introductions – will we see NMA or will Boeing opt for NSA, will we see the new A321 XLR, or maybe others?
• The changes in the regional aircraft market – Bombardier and Embraer exit, so what happens now with MRJ and COMAC?
• Consolidation continues – Raytheon/UTC a merger of equals, Boeing acquires EnCore, L3 merges with Harris, what’s next
• There is a growing demand for fighter aircraft because of aging fleets and higher levels of defense spending – what will the future look like?
• Electric, hybrid and eVTOL aircraft – how close to reality and who are the players?
• Urban mobility – when will we see this and who are the key players?
• How will the aviation industry address sustainability and being more “green”?
The show itself seemed to be a little more lightly attended than previous shows, reflecting the uncertainty; however the Paris Air Show always manages to be interesting. While the airshow did not provide definitive answers on all the important issues, we did have more than a few surprises.
Please join us in Sherman Oaks, CA, on Tuesday, July 16, 7:30am–9:00am (breakfast and networking at 7:00am), to hear a first-hand account from David Conrad, Director, Business Development, PTI Technologies, Inc., and to find out some possible answers to the major questions facing our industry.
The meeting is free for members and $40 for non-members ($30 Early Bird until July 9). Guests may attend twice for free. For more information and to register to attend the meeting go to http://adfsfvjul19.eventbrite.com.
Information about joining The A&D Forum is at https://aerospacedefenseforum.org.
The San Fernando Valley chapter of The Aerospace & Defense Forum is sponsored by RSM, Chubb, Bolton & Company, City National Bank and InVista Associates.
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