Commercial Aerospace Market Update
2002 vs. 2003
- 680 deliveries in 02 vs. 580-600 in 03
- Most of build rate reductions took effect in second quarter
Hexcel delivers on average six months ahead of delivery of aircraft
- Hexcel commercial aerospace revenues in Second Half of 2002 will reflect First Half 2003 aircraft production/delivery rates
Regional Aircraft Flat to Moderate Decline
New programs use more composites
- A380 entering prototype production
- Hexcel materials being delivered for A380
Hexcel 2002 Commercial Aerospace Sales
Likely to be 25-30% lower than 2001