Titanium use in airframes set to grow
Oct 09, 2012 | 12:55 PM
| Frank Haflich
Tags
titanium,
RTI International Metals,
Timet,
Titanium Metals,
ATI,
Allegheny Technologies,
Dawne Hickton,
James Buch
Richard Harshman
ATLANTA — Despite delays and overly optimistic delivery projections for some major airliner programs, growing commercial aircraft demand should outweigh these setbacks, industry executives said this week.
Titanium demand for commercial airframes should increase to 91 million pounds in 2017 from 47 million pounds last year, or a compounded annual growth rate of 14 percent, Dawne S. Hickton, vice chairwoman, president and chief executive officer of Pittsburgh-based RTI International Metals Inc., told attendees at the International Titanium Association (ITA) meeting in Atlanta.
While Hickton acknowledged that delivery forecasts for such titanium-critical programs as the Boeing 787 Dreamliner and Airbus A380 have fallen far behind projections, she said such factors as airlines’ need to replace inefficient aircraft and growing air travel in developing regions should overcome these setbacks.....
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