Wade Leach - Senior Vice President, Commercial ATI ... · CFM LEAP 8,446 PW 1000G 2,646 GEnx 928...
Transcript of Wade Leach - Senior Vice President, Commercial ATI ... · CFM LEAP 8,446 PW 1000G 2,646 GEnx 928...
© 2015 ATI. All Rights Reserved.
Wade Leach - Senior Vice President, Commercial
ATI Specialty Materials
May 12, 2015
© ATI 2015. All Rights Reserved. 2
Forward Looking Statements
This presentation contains forward-looking statements. Actual results may differ materially from results anticipated in
the forward-looking statements. These and additional risk factors are described from time to time in the Company’s
filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended
December 31, 2014.
© ATI 2015. All Rights Reserved. 3
Change
Specialty Metals Market
Impact
Traffic (RPMs)
Capacity (ASMs)
Airline Profitability
Fuel Costs
International Carriers
Growth of Low-Cost Carriers
(Sources: Airline Monitor, IATA press releases)
Commercial Aerospace Market Drivers
(Sources: Airline Monitor, IATA press releases)
© 2015 ATI All Rights Reserved. 4
Commercial Aircraft Engine Build Rates
Build rates of Next Generation Aircraft & Engines Accelerating
Sources: Airline Monitor, February 2015 & ATI
B787
GEnx
RR Trent 1000
A350XWB
RR Trent XWB
B737max
CFM Leap
A320neo
CFM Leap
PW 1000G
A330neo
Trent 7000 777X
GE9X
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
2009 2010 2011 2012 2013 2014 2015F 2016F 2017F 2018F 2019F
Snecma
Engine Alliance
Pratt & Whitney
RR
CFMI
GE
Next Gen Aircraft total
# o
f A
ircr
aft
© 2015 ATI All Rights Reserved. 5
Sources: Airline Monitor, February 2015 & ATI
Commercial Aircraft Build Rates
Build rates of Next Generation Aircraft & Engines Accelerating
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2009 2010 2011 2012 2013 2014 2015F 2016F 2017F 2018F 2019F
Others
Embraer
Bombardier
Airbus
Boeing
Next Gen Aircraft total
# o
f A
ircr
aft
B787
GEnx
RR Trent 1000
A350XWB
RR Trent XWB
B737max
CFM Leap
A320neo
CFM Leap
PW 1000G
A330neo
Trent 7000 777X
GE9X
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Major Engine Programs - Firm Order Book (February 28, 2015)
Engine Program
Firm Order Book
CFM56 - 5B 1,352
CFM56 – 7B 3,142
V2500 922
CFM LEAP 8,446
PW 1000G 2,646
GEnx 928
Trent 1000 460
Trent XWB 1,558
Trent 7000 240
GE90 544
GE9X 572
Legacy Single Aisle 5,416 (Boeing 737, Airbus A320)
Future-Gen Single Aisle 11,092 (737 Max, A320Neo)
Source: Aero Engine News April 2016
CFM LEAP
PW 1000G
Boeing 787
Airbus A350XWB
Large Commercial Engine Backlog over 21,000. 2/3 are Next Generation!
Airbus A330neo
Boeing 777
Boeing 777X
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50,000
55,000
60,000
65,000
70,000
75,000
2012 2013 2014 2015F 2016F 2017F 2018F 2019F 2020F 2021F 2022F
Commercial Engines in Service History and Forecast
Source: Airline Monitor
The larger the fleet, the greater the demand for spare parts.
70,000+
3.2% CAGR
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Fan Titanium/Composites
High Pressure Compressor Titanium/Superalloys
Combustor Superalloys
High Pressure Turbine Superalloys/Powder Alloys
Low Pressure
Turbine Superalloys,
Gamma Ti Aluminides
Low Pressure Compressor Titanium
Jet Engine Materials
Engine Shaft High Strength Steels,
Superalloys
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Fan & compressor cases, disks,
blisks, impellers, blades, vanes,
and fasteners
Fan Frame
Titanium Applications in Jet Engines
Intermediate Case
Compressor rotor
Forged Case
Fan Disc
Fan Disc w/blades
Titanium Forged Compressor Blades
Flow- formed Shaft
© ATI 2015. All Rights Reserved. 10
Engine Development Trends
• Demand for “Green” engines
Reduced noise
Reduced emissions (SO2, CO2, NO2)
• Improved fuel efficiency
Higher operating temperatures
Higher temperature capable materials
Lighter materials
• Lower operating costs for airlines
Reduced maintenance intervals
Reduced part count
New Designs and Materials
PWA Geared Turbofan
PW1100G
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Changes in Jet Engine Design
• Limited introduction of composites
• Larger thrust engines
Consume more nickel-based and titanium alloys per engine
• Higher engine temperatures
Nickel-based alloy content in compressor growing
High temp powder/cast & wrought alloys
• New titanium-based materials
Gamma TiAl
• Advanced Manufacturing
• Additive Manufacturing
Evolutionary Change
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Demand Drivers
• Higher build rates
• Larger engines
• Larger global fleet for spare parts
• New engine designs
• Fuel efficient hotter burning engines
Titanium in Jet Engines
CFMI LeapX
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