The global aerospace industry is an essential part of an increasingly connected world, with aviation growth projected to be 5 to 6% per annum for the next twenty years. Global aviation accounts for about 2% of global CO2 emissions and this figure could rise to 15-20% by the year 2050¹. To help offset this environmental impact, the global aerospace industry is aiming for an additional 25%² improvement in fuel efficiency and CO2 emissions, primarily through technological enhancements by 2020. Each kilogram of fuel burn reduces CO2 emissions by over 3 kg and a 1% reduction of fuel burn is equivalent to a fuel saving of 250 litres per flight³.
Reducing structural weight is one of the major ways to improve aircraft performance. AMG produces a number of specialty alloys and coatings including gamma titanium (TiAl) used to help reduce weight and improve operational performance of aircraft. AMG also develops and produces advanced vacuum furnace systems used to make titanium and other high purity materials used in aerospace applications.
2011 Summary Data
||of total AMG revenue