largest commercial aircraft manufacturers: 28 Top Aerospace Companies You Should Know 2023

Hopefully, this has been an interesting look at some of the largest aircraft around. Remember, there are many ways to measure such aircraft, and several others could have made the list. Feel free to discuss the listed ones, or any others, in the comments. This huge double fuselage plane has the largest wingspan of any aircraft ever – an astonishing 117 meters (the closest behind this was the An-225 at 88.4 meters). The Hughes H-4 Hercules was one of the largest aircraft ever built but never moved beyond the one prototype version. It is a flying boat transport and was designed for use during the Second World War.

Northrop Grumman aerospace manufacturing is most widely known for its X-47B combat aerial vehicle, which was the first unmanned, autonomous aircraft system to operate from an aircraft carrier. However, as of the most recently available data, Raytheon company netted the seventh highest revenue of aircraft carriers worldwide. Airbus’s main offices are located in the Netherlands, France, and Spain, but they operate worldwide.

Much of the company’s recent success has come while collaborating with Boeing on the rapid prototyping of both commercial and military aircraft and structural assemblies. The company utilizes build-to-print and rapid prototyping techniques with advanced composite materials to drive costs down and improve quality, performance and safety. Airbus is the largest aerospace company in the world and the largest in the list of top 10 aircraft manufacturers in the world followed Raytheon. United Technologies, comprised of Collins Aerospace Systems and Pratt & Whitney, will be the preeminent systems supplier to the aerospace and defense industry. As previously mentioned, CFM and GE control the largest market share of commercial aircraft engine manufacturers at 55%.

List of large aircraft

The first Dreamlifter entered service in 2007, and there is now a fleet of four. Award-winning young engineer Marissa Estebanez loves her role as an aircraft maintenance technician working in South Carolina, and hopes her journey will help inspire others to ‘go fix something’. Chromalloy is a provider of advanced coatings and authorised repairs and parts for gas turbine engines. L3Harris’s jump up the rankings sees Rolls-Royce, Leonardo, Honeywell, and BAE Systems all slip one place. A good year for military sales for Dassault Aviation has seen it vault eight places from 24 to 16, while Rockwell Collins, 15 last year, drops out following its takeover by United Technologies. Despite its Boeing exposure, Spirit AeroSystems moves three places up the rankings to 17, while General Dynamics Aerospace is two higher at 14.

After a two-year delay from its first flight, the Stratolaunch flew again in April 2021. Recently, the sixth test flight of aircraft was interrupted after encountering an “unexpected test result.” It was designed to carry Boeing 787 parts from suppliers in Italy and Japan to final assembly facilities in Washington and South Carolina.

Boeing 747-8

Lockheed Martin is an aerospace and technology company, who as well as making aircraft, also specialize in military-grade security, with around 78% of their annual revenue is derived from US military contracts. Size is being determined on several factors, including the range of aircraft currently produced, number of employees, number of locations worldwide, revenue and brand recognition. The largest aircraft manufacturer in the world is Airbus Americas, with a revenue of $78.9 billion. Delta Air Lines is the second-largest airline in the world by the number of scheduled passengers carried and the largest by revenue and market cap. For the record, it is located in Savannah, Georgia and employs 13,313 workers.

The https://1investing.in/ Portfolio spans the realm of the world’s most technologically advanced business jets, wheeled combat vehicles, command and control systems and nuclear submarines. Pratt & Whitney, commonly referred to as P&W or PW, is an American aviation company with headquarters in East Hartford, Connecticut, United States. Having been founded in 1925, P&W is one of the big three commercial aviation engine manufacturers, competing with General Electric and Rolls-Royce in gas turbine engine manufacture. From one aircraft manufacturer to the next, the performance requirements for aircraft types and models differ, hence the difference in engine requirements. Normally when making a purchase decision, one would always look at the best, or at least one of the best, market options available. The same logic applies in the aviation industry when aircraft’s airframe builders are looking for the right engine or powerplant assembly for their aircraft.

• The company’s sister company, Zoic Studios, provides advanced graphics and storytelling capabilities to film, television, gaming and VR productions.
• In 2019, General Dynamics earned revenue of $9.8 billion and had around 107,000 employees.
• It offers a maximum passenger capacity of 853, but airlines operate it with a typical capacity of 400 to 550 seats.

Average dollar exchange rates for the periods 1 January 2019 to 31 December 2019, and 1 January 2018 to 31 December 2018 have been used for all non-US companies, regardless of fiscal year definitions. The source for the exchange rate information was the US Inland Revenue Service . The percentage annual changes in financial figures has been given in local currency terms to avoid unnecessary distortions. There was movement in the average dollar exchange rates between 2018 and 2019.

Who Are The World’s Largest Aircraft Manufacturers?

The largest commercial aircraft manufacturers currently operates a fleet of 620 aircraft, including 163 Boeing 737s and 106 Airbus A320s. China Southern also entered a frequent flyer partnership with American Airlines in 2019, allowing passengers to spend a portion of their frequent flyer points at either airline. Founded in 1985, Emirates is much younger than most other airlines on this list. The company has recorded a profit every year other than its second and has grown at an annual rate of 20% since its inception. Delta One is the company’s best-selling business class product, offering private quarters and entertainment options on international and U.S. transcontinental flights. Delta has been one of the largest airlines in the United States since the 1940s when it specialized mainly in freight transport.

Safran translates as rudder blade as well as saffron, which the company markets as one of the catalysts for early international trade. Like many of the aircraft manufacturers on our list, they also provide space services, such as satellite technologies, parts for Mars rovers, and laser transmitters. Its most prominent customer, like many of the aircraft manufacturing companies on this list, is the US military.

Airbus Corporate Jets

Even though it is one of the most lucrative industries to be a part of, the aerospace industry has also felt the full force of the pandemic on its business. Aerospace manufacturing companies and the aerospace industry’s main focus is on creating products and technology that support atmospheric and space flight for both commercial and military/defense applications. Aerospace is an all-encompassing term that includes aircraft and space vehicles, as well as the components, devices, systems, and equipment used to operate, maintain, and support them. Below we provide information on the top featured aerospace contract manufacturing companies on Thomas, as well as the top companies in the US & Canada by revenue to assist you in your supplier search. The United Technologies has an interest in numerous areas including aerospace systems, aircraft engines, escalators, and elevators among others.

The GFT engine is lightweight compared to other similar engines, it has various technological and aerodynamic advancements. Some of the other major engine models include the V2500, GP7200, JT8D, JT9D, PW2000, PW6000, and PW4000 families. Photo by Jonathan Ridley on Unsplash With this context and industry outlook in mind, let’s start our list of the top 10 aircraft manufacturers in the world.

Biggest Airplane Manufacturing Companies in the World

Aeronautical companies Supporting these units is Boeing Capital Corporation, a global provider of financing solutions. Undoubtedly, when considered together with their joint ventures, General Electric, Pratt & Whitney, and Rolls-Royce control the largest share of the world’s aircraft engine market at a combined percentage of around 98%. This means that the three big players enjoy economies of scale such as holding the highest bargaining power of the suppliers of aircraft engines to the market. Some of the popular GE engine models include the GENX, GE90, GE9X, HF-120, PASSPORT, and CFM56.

The company missions include LEO, GEO and lunar communication, synthetic aperture radar and Earth Sciences. What cannot be overlooked is the tremendous amount of effort and dedication of those working with aerospace companies to advance innovation. These companies each possess unique capabilities crucial for ensuring spacecrafts and satellites are safe, reliable and efficient. 10+ million models from leading OEMs, compatible with all major CAD software systems.

Space, with approximately $10.9 billion in 2019 sales which includes space launch, commercial satellites, government satellites, and strategic missiles lines of business. Airbus has built on its strong European heritage to become truly international – with roughly 180 locations and12,000 direct suppliersglobally. To a large extent, the engine powers the Airbus A320 and Boeing 737 families. CFM International also manufactures LEAP engines, which make use of newer technologies that result in innovative, cost-effective, and fuel-efficient engines.

Top 10 Leading Aerospace Manufacturing Companies

All things being equal, that would have created a business with combined revenues of close to $4 billion. Seventeenth-placed Spirit AeroSystems’ acquisition of ASCO Industries at 97, remains pending, as it has for two years. Boeing’s losses of almost $2 billion, compared with operating profits of around $12 billion in 2018, have helped to drive overall profit growth for the Top 100 into negative territory. The superjumbo jet has an overall length of 72.7 meters, a height of 24.1 meters, and a wingspan of 79.8 meters. It has a maximum capacity of 853 and typical seating between four classes of 545.

For 2018, BBJ had 261 orders, 237 deliveries, and 210 jets in service. BBJ launched the BBJ 777X that can fly half way around the globe before refueling. Clearly, for many corporations with international business, the BBJ 777X solves the problem of efficient travel.

However, when considered jointly with CFM, the company’s market share is about 55%, which is the world’s largest. Today, at least 13,000 large commercial engines have installed P&W engines. Even more, P&W engines power over 25% of the passenger fleet globally. Some of the notable commercial aircraft powered by these engines include the A220, A320, A330, Embraer E-jet family, Boeing 767, De Havilland Canada (DHC-8) Classics, and Q400 series among others. The company develops, produces and sells airplane engines, auxiliary power units, cabins, aerosystems, aircraft interiors, optronics, avionics, landing systems and other aircraft equipment.