Share:


International competitiveness and recovery strategy of the aviation and space industry of Ukraine

    Olha Karpiak Affiliation
    ; Svitlana Terenchuk Affiliation

Abstract

The influence of the aviation and space industries on the development of the world economy and economic development, industrial potential, competitiveness and position of various countries in the world is shown in the article. Global aviation and space market has been studied and an economic analysis of the aviation and space sector of the industry of the countries that are among ten world leaders in the industry was carried out. The main indicators of the development of the aviation and space industry of world countries-leaders and Ukraine have been systematized. The volumes of income of the leading companies of the industry producers, between which there is fierce competition, have been given. International competitiveness has been analyzed and ways of recovery and development of the aviation and space sector of Ukraine were proposed, taking into consideration the significant losses and damages caused by full-scale military invasion of aggressive neighbor on the territory of Ukraine. Scenarios of competitive behavior were considered and a strategy for the restoration of one of the largest enterprises in the world and single one in the aviation and space industry in Ukraine that has completed the cycle of engine production – Joint Stock Company Motor Sich has been made.

Keyword : aerospace market, international partnership, Motor Sich, stagnation, recovery strategy

How to Cite
Karpiak, O., & Terenchuk, S. (2024). International competitiveness and recovery strategy of the aviation and space industry of Ukraine. Aviation, 28(1), 26–33. https://doi.org/10.3846/aviation.2024.19755
Published in Issue
Mar 14, 2024
Abstract Views
283
PDF Downloads
295
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

References

Aerospace Industry Association of Canada. (2021). Industry statistics. https://aiac.ca/industry-statistics/

Aris, B. (2020, April 23). Ukrainian President Volodymyr Zelenskiy calls for establishment of a state-owned airline. https://www.intellinews.com/ukrainian-president-volodymyr-zelenskiy-calls-for-establishment-of-a-state-owned-airline-181585/

Ernst & Young Global Limited. (2021). National strategy for increasing foreign direct investment in Ukraine. Section 2.4: High-tech manufacturing. https://ukraineinvest.gov.ua/wp-content/uploads/2021/08/FDI-Strategy-Section-2-Advanced-Manufacturing-ENG.pdf

Global Defence Mart. (n.d.) Motor Sich JSC. https://www.globaldefencemart.com/companydetails/profile/motor-sich-jsc

International Standard Organization. (2008). Quality management systems. https://www.iso.org/standard/46486.html

Investing. (2021). https://ru.investing.com/

Lubinets, M., Bulbenko, K., & Oliynyk, O. (2015). Transformation of the planning system of PJSC “Motor Sich” industrial enterprise in conditions of an unstable external environment. Scientific Bulletin of Kherson State University, 13(3), 81–84.

Ministry of Foreign Affairs of Ukraine. (2021). The Italian company is buying 10 additional Ukrainian engines for the European Vega launch vehicle. MFA.

Motor Sich. (2022). Annual financial statements. https://motorsich.com/ukr/

Organization for Economic Cooperation and Development. (2022). Main science and technology indicators. https://stats.oecd.org/Index.aspx?QueryId=33210#

Perun, V. (2022, November 19). The Russians fired at Motor Sich in Zaporizhzhia, the prosecutor’s office opened proceedings. https://lb.ua/society/2022/11/19/536451_rosiyani_obstrilyali_zaporizhzhi.html

PwC. (2021). Global aerospace and defense – Annual industry performance and outlook. https://www.pwc.com/us/en/industrial-products/publications/assets/pwc-aerospace-defense-annual-industry-performance-outlook-2021.pdf

Science Applications International Corporation. (2022). Documents. SAIC.

Spanish Association of Defense, Security, Aeronautical and Space Technology Companies. (2019). Anuario del sector espacial en España. https://pdfonline.tedae.org/anuario2019/files/downloads/Anuario_ESPACIO%202019_web%20baja.pdf

State Space Agency of Ukraine. (2021). State Space Agency of Ukraine. https://www.nkau.gov.ua/ua/

State Statistics Service of Ukraine. (2022). Economic statistics – foreign economic activity. http://www.ukrstat.gov.ua/

The World Bank. (2022). World bank open data – economy & growth. https://data.worldbank.org/topic/economy-and-growth?view=chart

Top war. (2022, November 19). Glow over Zaporozhye: Russian Armed Forces struck at Motor Sich. https://en.topwar.ru/205356-zarevo-nad-zaporozhem-rossijskie-vs-nanesli-udar-po-motor-sich.html

US Bureau of Labor Statistics. (2021). Occupational employment and wage statistics. BLS.

Voznenko, A. (2018). Aerospace industry: Trends and prospects. Scientific Journal “Black Sea Economic Studies”, 28(1), 208–212.