$DRMC Commercial Aircraft Sector/Boeing
The shape of the market We forecast a long-term demand for 35,280 new airplanes, valued at $4.8 trillion. We project that 14,350 of these new airplanes (41 percent of the total new deliveries) will replace older, less efficient airplanes, reducing the cost of air travel and decreasing carbon emissions. The remaining 20,930 airplanes will be for fleet growth, stimulating expansion in emerging markets and innovative airline business models. Approximately 24,670 airplanes (70 percent of new deliveries) will be single-aisle airplanes, reflecting growth in emerging markets such as China, and the continued expansion of low-cost carriers throughout the world. Wide body share will also increase, from 23 percent of today's fleet to 24 percent in 2032. The 8,590 new wide body airplanes will allow airlines to continue expansion into more international markets.
The Company has positions itself in the Metals Work sector by its recent acquisition of NU Metals Technology/ Metals operations as well as the formation of its CNC Metals Division for CNC Machining.
To manage the Company's new business direction of acquiring or developing entrepreneurial companies and operations with strong growth and profit potential, the Company has restructured its management organizational configuration. In doing so, The Company has formed a new wholly -owned holding company with the name of L&M Group Investments, Inc. that is to manage the Company's diversifying operations.
The recent acquisition of NU Metals Technology subsidiary will be transferred to L&M Group Investments Inc. The newly formed CNC Division will also be operated by L&M Investments.
