Position Report 2021

Strategy

• COMPETE – New opportunities for strong partners

  COMPETE – New opportunities for strong partners

  

  Efficiency is becoming increasingly important in challenging market environments. FACC is therefore currently implementing a number of initiatives to further improve the competitiveness of its products and services in terms of quality and cost-effectiveness. One such initiative is the COMPETE partner program, which was launched in February 2021. It is aimed at FACC suppliers, and offers a range of fresh opportunities for all parties involved.

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• Flight Path 2030: Strength through diversity

  Flight Path 2030: Strength through diversity

  

  Two years after the outbreak of the coronavirus pandemic, the international aviation environment still remains challenging. Although passenger numbers increased again in tandem with the first reopening measures in 2021, the recovery varied considerably from region to region. International travel volumes, in particular, are still considerably lower than before the pandemic. By contrast, continental air traffic and business jet travel are developing very satisfactorily. In general, growth is expected to continue in the medium and long term. Besides increasing passenger numbers, this is also being driven by new mobility concepts and communication channels. FACC has established a pole position in all of these growth markets, and is working intensively on the implementation of its FACC 2030 growth strategy.

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• Four global trends with great potential

  Four global trends with great potential

  The aircraft industry landscape has undergone fundamental changes in recent years. Four global trends in particular are responsible for this: population growth, urbanization, climate change, and globalization & digitization. All four trends offer FACC enormous opportunities for growth.

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• Five enablers as strategic pillars

  Five enablers as strategic pillars

  In order to reach the goals set out in its Flight Path 2030, FACC has defined five strategic pillars: people, innovation, integration, diversification and globalization. The Group will continue to develop in a targeted manner in all five areas, thus paving the way for sustainable success in the future.

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Interview with the Management Board

• "We are on the right track ..."

  "We are on the right track ..."

  

  Robert Machtlinger (CEO), Andreas Ockel (COO), Aleš Stárek (CFO), as well as Yongsheng Wang (CCO) are talking about continued stabilization and a return to the growth path both in the aviation and aerospace industry and for FACC proper.

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Cover story

Market

• Long-term growth trend only delayed by COVID-19

  Long-term growth trend only delayed by COVID-19

  

  Even though aviation is only slowly recovering from the repercussions of the COVID-19 pandemic, all signs are pointing to growth in the medium and long term. Passenger numbers have been steadily increasing again since the second half of 2021, with the long-term trend pointing upwards, as was the case prior to the pandemic. Consequently, the demand for aircraft is also set to increase further.

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Sustainability

• Focus: Responsibility

  Focus: Responsibility

  

  Sustainability and Corporate Social Responsibility (CSR) increasingly became the focus of public interest in 2021. In the past financial year, FACC set out its sustainability strategy in more detail and defined concrete goals and topics of focus in the areas of environmental protection, social responsibility and governance.

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News

• Well on track in a challenging year

  Well on track in a challenging year

  Looking back on the 2021 financial year, it is clear that FACC is well on track in spite of a challenging market environment. In addition to exciting new orders and prestigious awards, this is demonstrated by FACC’s first project in the space segment and the opening of two new locations. Find out more about FACC’s successes in the 2021 financial year on the following pages.

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