Aerospace Industry

Technology to Attain Higher Aims

Aerospace is one of Germany's most innovative and best performing industries. And the industry keeps on growing: Experts predict that over the next twenty years about 25,000 new aircraft will go into service in order to meet worldwide demand.

The presence of manufacturers of both civil and military aircraft in Germany offers numerous opportunities for investors, especially in areas like aircraft interiors, engines or lightweight construction. German aircraft manufacturers are seeking new technologies and solutions to comply with "Vision 2020," a program established by the European aeronautics industry to cut emissions and noise while increasing capacity.

Our Industry in Numbers

9% average annual growth rate since the mid-1990s
EUR 20.2 billion in turnover in 2007
88,000+ highly skilled industry employees
155+ companies and related institutions
15-20% of annual revenues dedicated to R&D

Our Advantages

MARKET - Aerospace is an industry in demand. Over the next 20 years, estimates foresee the demand for roughly 25,000 new civil aircraft worldwide. Moreover, when it comes to the space sector, demand for environment- and security-related global monitoring is estimated at EUR 29 billion by 2009 for the European market alone.

PERSONNEL - As a result of our dual education system, which combines the benefits of classroom and practical training, potential employees are well-prepared for the workplace. Our universities educate 4,500 aerospace students each year, and 25 of these universities are directly involved in industry-related research.

R&D - Our universities and research institutions foster industry-specific innovation and house more than 700 aerospace scientists. The German Aerospace Center (DLR) employs more than 5,000 people at 28 highly specialized institutes.

INCENTIVES - Germany offers numerous incentives for all investors - regardless of whether they are from Germany or otherwise. There is a large selection of programs designed to support a wide variety of business activities at different stages of the investment process available. Support ranges from cash incentives for the reimbursement of direct investment costs to incentives for labor and research and development (R&D).

PHYSICAL INFRASTRUCTURE - We offer an extensive and comprehensive logistics infrastructure that integrates state-of-the-art transportation networks with the most modern telematics, IT, and telecommunications systems.

STABLE INVESTMENT ENVIRONMENT - Social, economic, and political stability provide a solid base for your corporate projects. Our judiciary and civil services are highly professional. Contractual agreements are secure, and intellectual property is strictly protected in Germany.

References

N3 Engine Overhaul Services (Joint Venture of Lufthansa Technik and Rolls Royce)

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