b'Tiny Terror Historical and forecast deliveries of commercial aircraft (1998-2021F) 1,800aircraft manufacturing has slowed. 1,606 For 2021, Deloitte Consulting forecasts that the num-1,600 Commercial aircraft deliveries are ber of new commercial aircraft deliveries will rise tolikely to experience a year-over-year1,498 900. decline of 46% in 2020. 1,3971,436 We believe there will be a lag to 2018 levels beyond 1,400 1,352 three years, Lineberger said. You have to absorb the1,2741,243 capacity that was sidelined and introduce new aircraft 1,200 1,189 that can be delivered.Aircraft UnitsThe numbers are a bit skewed on account of the9799721,011 situation with the Boeing 737 Max narrow-body air-1,000 914894900 liner, which was grounded in March 2019 following two852832858 crashes in which 346 people were killed, Aboulafia said, 800 792802 adding that the 737 Max is the largest U.S. aircraft pro- 684668670 gram and the worlds second largest. 586605 Because we werent seeing many of them last year 600because of the production stop, the downturn isnt as bad as it would be otherwise, he said. Instead of 400building 500 last year, youd see a worse crash, a far more serious drop-off.200The Parts Manufacturing PartWith fewer commercial aircraft being delivered, the -1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020F2021Ftecnicrafts R parts manufacturing economy has slowed as well.We have been concerned about mid-to-long-term damage to the supply chains, Lineberger said. If peo-ple dont make it through this, it takes a long time to develop substitutes because of the certification of the parts.Aboulafia concurred that a lot of mid-to-lower-tier part suppliers are experiencing tension partly from not having deep pockets to weather a prolonged downturn.Inevitably, tough decisions are going to have to be made, he said, noting that this might involve selling a business or merging it with another company. By some estimates, 20% of that supply chain might not come out of this in its current form.ATTENTION SWISS MACHINE BUILDERS AND USERS. A glimmer of light, however, shines through the Tecnicrafts collets and guide bushings for Swiss Type CNCovercast.Automatic Lathes.All popular brands.Smooth bore, groove bore,If there is any positive news in this picture, Abou-straight nose, tapered nose and other styles of collets available inlafia said, compared to 2008 the financial sector is in-various sizes.Adjustable, profile and reinforced shank style guidetact, so peoples ability to get credit is in better shape.bushings, too. Not only are fewer planes being delivered, but the Platinum Tooling is now the exclusive importerones that remain in service are relatively new, with air-of Tecnicrafts products in North America. lines removing from service the older, more expensive 16 E. Piper Lane, Ste.128 ones to maintain and operate. This scenario means that Prospect Heights, IL aftermarket and sustainment companies dont need [email protected] to produce nearly as many replacement parts, such as www.platinumtooling.com brake pads, or overhaul as many engines as prior to 20DECEMBER 2020Platinum Tooling AD5667 (T) Color 1/4 pg CTE 2018Outlook.indd 20 11/13/20 11:41 AM'