Commercial Aerospace Market by Company
Commercial aerospace is the industry that builds the world's airliners: the Boeing and Airbus duopoly, the engine oligopoly whose aftermarket annuities outearn the engines themselves, and the supplier chain both depend on. A backlog of more than 15,000 aircraft, roughly a decade of production, has collided with a supply chain still broken from the pandemic and Boeing's quality crisis, leaving airlines short of jets and delivery slots effectively sold out into the 2030s.
The Commercial Aerospace sector on Sterling tracks 17 companies, led by Boeing (20.5%), RTX Corporation (20.3%), Airbus (18.4%) by share of FY2025 company-wide revenue across the 15 tracked companies that reported.
Commercial Aerospace market share by company (2025)
| # | Company | Market share |
|---|---|---|
| 1 | BoeingBA Share of tracked-roster FY2025 revenue across the 15 companies on this roster that reported a fiscal year ending in calendar 2025. FY2025 revenue $89.46B. Company-wide revenue, including Boeing Defense, Space & Security and Global Services alongside Commercial Airplanes. | 20.5% |
| 2 | FY2025 revenue $88.60B. Company-wide revenue. Collins Aerospace and Pratt & Whitney are the commercial-aerospace segments; the Raytheon segment is defense, so a majority of this figure sits outside commercial aerospace and is also counted in the Defense sector. | 20.3% |
| 3 | AirbusEADSY FY2025 revenue $79.98B, converted from EUR 70.52B at the 2025 average EUR/USD 1.1341. Company-wide revenue, including Airbus Defence and Space and Airbus Helicopters alongside Commercial Aircraft. | 18.4% |
| 4 | FY2025 revenue $45.85B. Pure-play aerospace since the 2024 three-way split; commercial engines and services plus a defense propulsion business. | 10.5% |
| 5 | SafranSAF.PA FY2025 revenue $35.37B, converted from EUR 31.19B at the 2025 average EUR/USD 1.1341. Propulsion, equipment and interiors; CFM International, the 737 MAX and A320neo engine supplier, is a 50/50 joint venture with GE Aerospace and is not consolidated. | 8.1% |
| 6 | Rolls-RoyceRR.L FY2025 revenue $28.02B, converted from GBP 21.21B at the 2025 average GBP/USD 1.3212. Company-wide revenue across Civil Aerospace, Defence and Power Systems. | 6.4% |
| 7 | TextronTXT FY2025 revenue $14.80B. Company-wide revenue; Textron Aviation and Bell are the aerospace segments, alongside industrial and systems businesses. | 3.4% |
| 8 | MTU Aero EnginesMTX.DE FY2025 revenue $9.94B, converted from EUR 8.76B at the 2025 average EUR/USD 1.1341. | 2.3% |
| 9 | TransDigmTDG FY2025 revenue $8.83B (fiscal year ended September 30, 2025). | 2% |
| 10 | FY2025 revenue $8.25B. | 1.9% |
| 11 | AerCapAER FY2025 revenue $8.19B. Aircraft lessor. Revenue is lease rental and sales income, not manufacturing output, so it is not comparable like-for-like with the airframers and suppliers above. | 1.9% |
| 12 | EmbraerERJ FY2025 revenue $7.63B. Commercial, executive, defense and services aviation; reports in USD from its Sao Paulo listing. | 1.8% |
| 13 | HEICOHEI FY2025 revenue $4.49B (fiscal year ended October 31, 2025). | 1% |
| 14 | WoodwardWWD FY2025 revenue $3.57B (fiscal year ended September 30, 2025). | 0.8% |
| 15 | FTAI AviationFTAI FY2025 revenue $2.51B. Aftermarket engine and module sales plus leasing. | 0.6% |
Commercial Aerospace at a Glance
- •Airbus delivered 766 commercial aircraft in 2024 against Boeing's 348, the widest annual gap in the duopoly's history, per the companies' monthly orders and deliveries reports.
- •The combined Boeing and Airbus backlog ended 2025 at a record 15,467 aircraft, roughly a decade of production at current rates, leaving attractive delivery slots effectively sold out into the early 2030s.
- •The FAA capped 737 MAX production at 38 aircraft per month in January 2024 after the Alaska Airlines door-plug blowout, and approved the first step back up, to 42 per month, in October 2025; Boeing's climb up the rate curve is the single biggest swing factor in its cash flow.
- •Engines are sold near cost and monetized over decades: services and spare parts generate roughly 70 percent of GE Aerospace's commercial engine revenue, the aftermarket annuity at the heart of the sector.
- •Pratt & Whitney's geared turbofan powder-metal recall has kept hundreds of A320neo-family jets grounded for inspections, a multibillion-dollar reminder that engine reliability drives airline economics.
- •Global air passenger traffic surpassed its 2019 pre-pandemic record in 2024, with IATA reporting full-year revenue passenger kilometers up just over 10 percent versus 2023.
- •Boeing's Commercial Market Outlook and the Airbus Global Market Forecast each project demand for more than 40,000 new aircraft over 20 years, about three quarters of them single-aisle jets.
Headline numbers
20-Year Delivery Demand
Companies in the Commercial Aerospace sector (17)
Related industries
Frequently asked questions
What is the Commercial Aerospace sector?
Commercial aerospace is the industry that builds the world's airliners: the Boeing and Airbus duopoly, the engine oligopoly whose aftermarket annuities outearn the engines themselves, and the supplier chain both depend on. A backlog of more than 15,000 aircraft, roughly a decade of production, has collided with a supply chain still broken from the pandemic and Boeing's quality crisis, leaving airlines short of jets and delivery slots effectively sold out into the 2030s.
Which companies lead the Commercial Aerospace sector?
Sterling tracks 17 companies in Commercial Aerospace, led by Boeing (21%), RTX Corporation (20%), Airbus (18%), GE Aerospace (11%), Safran (8%) and Rolls-Royce (6%) by share of FY2025 company-wide revenue across the 15 tracked companies that reported.
How can I invest in the Commercial Aerospace sector?
Publicly traded names in Commercial Aerospace include Boeing (BA), Airbus (EADSY), Embraer (ERJ), Textron (TXT) and GE Aerospace (GE). Compare them side by side on Sterling. Data last updated August 25, 2026.
Prefer Sterling in Google
Add sterlingcharts.com as a preferred source so our charts can appear with a preferred badge in Google Top Stories, AI Mode, and AI Overviews.