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Daher’s Decarbonization Plans Drive Towards Hybrid-Electric Aircraft, Composites

As the French OEM and logistics giant reflects on 2023, it restructures for growth amid challenges faced by the global aerospace industry.

The Eco-Pulse technology demonstrator made its first flight on all electric power in December. [Courtesy of Daher]
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Key Takeaways:

  • Daher is experiencing strong growth with a significant order book but faces economic headwinds including inflation, supply chain issues, and recruitment challenges, impacting its 2023 profitability.
  • The company is heavily committed to decarbonization, evidenced by its Eco-Pulse hybrid-electric demonstrator, new tech centers, and extensive R&D into advanced composites and thermoplastics for lighter, more sustainable aircraft components.
  • Daher is implementing a "Takeoff 2027" strategic restructuring to align its four business units, enhance profitability, and empower leadership, aiming to navigate market challenges and achieve its net-zero goals.
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With an increasingly global workforce of 13,000 employees—up from 10,500 a year ago—and 1.65 billion euros revenue on top of three years of revenues stacked into the order book, Daher is poised to leverage the continued growth in its aerospace, industrial, and logistics segments. That is, if it can navigate the ongoing stresses on the global economy, including inflation, supply chain constraints, soft pricing models, and difficulty recruiting the talented workforce it needs to capitalize on opportunities and fulfill the order book it already has.

Daher’s position demonstrates well the state of the global aerospace market.

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