considered vital if Canada is going to re-
main globally competitive.
The changing landscape is also true for
the space industry, which AIAC also rep-
resents. “On the space side, we began
our space exploration and presence when
there were only two other space nations,
Russia and the United States, and we
were third into space,” Quick said. “Now
there are more than 50 nations involved in
space.”
CANADA RANKS FIFTH
IN THE WORLD
Today, Canada’s aerospace industry ranks
fifth in the world behind the U.S., France,
the United Kingdom and Germany in
terms of overall revenues. When it comes
to staying competitive, supply chain is
“where the action is”, Quick explained.
“We’ve developed and we continue to de-
velop programs that allow our members
to be more globally competitive within
the global supply chain.” But globalization
is a continuing challenge because, along
with the traditional competitors, several
emerging aerospace economies are clam-
oring for their piece of the pie. Countries
like Brazil, India, Russia, China and Japan
are eyeing the increasing demand for pas-
senger travel and are eager to stake their
claim in the market.
“If you look at the next 20 years, we’re go-
ing to have to build roughly 36,000 new
aircraft globally in order to support pas-
MAR/APR 2015
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