{"id":116332,"date":"2026-10-28T10:58:13","date_gmt":"2026-10-28T14:58:13","guid":{"rendered":"https:\/\/livingstonepartners.com\/?post_type=insights&#038;p=116332"},"modified":"2026-10-28T10:58:13","modified_gmt":"2026-10-28T14:58:13","slug":"industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima","status":"publish","type":"insights","link":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/","title":{"rendered":"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima)"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/livingstonepartners.com\/es\/team-member\/juan-romero\/\">Juan Romero Turel,<\/a> socio de Livingstone Partners, analiza en la revista&nbsp;<em>Avion Revue<\/em>&nbsp;(especial Industria Aeron\u00e1utica 2026, mayo de 2026) el cambio de ciclo en el M&amp;A del sector aeroespacial en Espa\u00f1a. En 2025 el mercado espa\u00f1ol de fusiones y adquisiciones registr\u00f3 menos operaciones que el a\u00f1o anterior, pero el aeroespacial fue uno de los sectores que mejor\u00f3 sus m\u00e9tricas.<\/strong><\/p>\n\n\n\n<h4 id=\"h-el-m-amp-a-aeroespacial-vuelve-a-un-ciclo-comprador\" class=\"wp-block-heading\">El M&amp;A aeroespacial vuelve a un ciclo comprador<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Las cifras de la industria aeron\u00e1utica explican parte del inter\u00e9s: Airbus cerr\u00f3 2025 con una cartera r\u00e9cord de 8.754 aviones y Boeing firm\u00f3 su mejor a\u00f1o en entregas desde 2018. A ello se suman el aumento del gasto en defensa y la escasez de capacidad industrial cualificada.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sin embargo, como advierte&nbsp;<strong>Juan Romero<\/strong>, que el apetito comprador vuelva no significa que el mercado pague prima a ciegas:&nbsp;<em>\u00abLa prima no se paga por llevar una etiqueta aeroespacial o defensa \u2014aunque ayuda\u2014, se paga por ser dif\u00edcil de replicar\u00bb<\/em>.<\/p>\n\n\n\n<h4 id=\"h-que-aborda-el-articulo\" class=\"wp-block-heading\">Qu\u00e9 aborda el art\u00edculo<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Los tres factores que explican la vuelta de los inversores al sector aeroespacial y de defensa.<\/li>\n\n\n\n<li>Qu\u00e9 tipos de empresas, desde el MRO y el aftermarket hasta los proveedores Tier-2 y Tier-3, est\u00e1n obteniendo valoraciones con prima, y por qu\u00e9.<\/li>\n\n\n\n<li>Qu\u00e9 exige el comprador en defensa y tecnolog\u00edas de uso dual.<\/li>\n\n\n\n<li>El elemento que en 2026 pesa m\u00e1s que antes en la valoraci\u00f3n de una compa\u00f1\u00eda.<\/li>\n\n\n\n<li>Claves para empresarios y accionistas que se plantean vender una empresa aeroespacial, y por qu\u00e9&nbsp;<em>\u00abla prima no se negocia: se construye\u00bb<\/em>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Art\u00edculo publicado en<\/em>&nbsp;Avion Revue,&nbsp;<em>especial Industria Aeron\u00e1utica 2026, mayo de 2026.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Juan Romero, socio de Livingstone Partners, analiza en Avion Revue por qu\u00e9 vuelve el apetito comprador en el sector aeroespacial y qu\u00e9 activos logran prima.<\/p>\n","protected":false},"author":12,"featured_media":116333,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2763,2749],"tags":[],"sector":[882,844],"service":[],"class_list":["post-116332","insights","type-insights","status-publish","has-post-thumbnail","hentry","category-in-the-press","category-thought-leadership","sector-aerospace-defense","sector-industrial"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima) - Livingstone Partners<\/title>\n<meta name=\"description\" content=\"Juan Romero, socio de Livingstone Partners, analiza en Avion Revue el repunte del M&amp;A aeroespacial y de defensa en Espa\u00f1a y qu\u00e9 empresas logran prima.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima)\" \/>\n<meta property=\"og:description\" content=\"Juan Romero, socio de Livingstone Partners, analiza en Avion Revue el repunte del M&amp;A aeroespacial y de defensa en Espa\u00f1a y qu\u00e9 empresas logran prima.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/\" \/>\n<meta property=\"og:site_name\" content=\"Livingstone Partners\" \/>\n<meta property=\"og:image\" content=\"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/10\/ES-avion-1-VLC.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuto\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/\",\"name\":\"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima) - Livingstone Partners\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/ES-avion-1-VLC.png\",\"datePublished\":\"2026-10-28T14:58:13+00:00\",\"description\":\"Juan Romero, socio de Livingstone Partners, analiza en Avion Revue el repunte del M&A aeroespacial y de defensa en Espa\u00f1a y qu\u00e9 empresas logran prima.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/#primaryimage\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/ES-avion-1-VLC.png\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/ES-avion-1-VLC.png\",\"width\":1200,\"height\":800,\"caption\":\"MRO aftermarket aviation\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/#website\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/\",\"name\":\"Livingstone Partners\",\"description\":\"Deals Done Right.\",\"publisher\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/#organization\",\"name\":\"Livingstone Partners\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"caption\":\"Livingstone Partners\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/livingstone\\\/\"],\"description\":\"Livingstone is an independent, global M&A and debt advisory firm with a proven track record of delivering exceptional outcomes for private and public businesses and private equity investors.\",\"email\":\"marketing@livingstonepartners.com\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima) - Livingstone Partners","description":"Juan Romero, socio de Livingstone Partners, analiza en Avion Revue el repunte del M&A aeroespacial y de defensa en Espa\u00f1a y qu\u00e9 empresas logran prima.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/","og_locale":"es_ES","og_type":"article","og_title":"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima)","og_description":"Juan Romero, socio de Livingstone Partners, analiza en Avion Revue el repunte del M&A aeroespacial y de defensa en Espa\u00f1a y qu\u00e9 empresas logran prima.","og_url":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/","og_site_name":"Livingstone Partners","og_image":[{"width":1200,"height":800,"url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/10\/ES-avion-1-VLC.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Tiempo de lectura":"2 minuto"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/","url":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/","name":"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima) - Livingstone Partners","isPartOf":{"@id":"https:\/\/livingstonepartners.com\/es\/#website"},"primaryImageOfPage":{"@id":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/#primaryimage"},"image":{"@id":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/#primaryimage"},"thumbnailUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/10\/ES-avion-1-VLC.png","datePublished":"2026-10-28T14:58:13+00:00","description":"Juan Romero, socio de Livingstone Partners, analiza en Avion Revue el repunte del M&A aeroespacial y de defensa en Espa\u00f1a y qu\u00e9 empresas logran prima.","breadcrumb":{"@id":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/#primaryimage","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/10\/ES-avion-1-VLC.png","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/10\/ES-avion-1-VLC.png","width":1200,"height":800,"caption":"MRO aftermarket aviation"},{"@type":"BreadcrumbList","@id":"https:\/\/livingstonepartners.com\/es\/insights\/industria-aeroespacial-2026-por-que-vuelve-el-apetito-comprador-y-en-que-activos-se-paga-prima\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/livingstonepartners.com\/es\/"},{"@type":"ListItem","position":2,"name":"Industria aeroespacial 2026: Por qu\u00e9 vuelve el apetito comprador (y en qu\u00e9 activos se paga prima)"}]},{"@type":"WebSite","@id":"https:\/\/livingstonepartners.com\/es\/#website","url":"https:\/\/livingstonepartners.com\/es\/","name":"Livingstone Partners","description":"Deals Done Right.","publisher":{"@id":"https:\/\/livingstonepartners.com\/es\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/livingstonepartners.com\/es\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Organization","@id":"https:\/\/livingstonepartners.com\/es\/#organization","name":"Livingstone Partners","url":"https:\/\/livingstonepartners.com\/es\/","logo":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/livingstonepartners.com\/es\/#\/schema\/logo\/image\/","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","caption":"Livingstone Partners"},"image":{"@id":"https:\/\/livingstonepartners.com\/es\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/livingstone\/"],"description":"Livingstone is an independent, global M&A and debt advisory firm with a proven track record of delivering exceptional outcomes for private and public businesses and private equity investors.","email":"marketing@livingstonepartners.com"}]}},"_links":{"self":[{"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/insights\/116332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/insights"}],"about":[{"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/types\/insights"}],"author":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/users\/12"}],"version-history":[{"count":3,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/insights\/116332\/revisions"}],"predecessor-version":[{"id":116477,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/insights\/116332\/revisions\/116477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/media\/116333"}],"wp:attachment":[{"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/media?parent=116332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/categories?post=116332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/tags?post=116332"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/sector?post=116332"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/livingstonepartners.com\/es\/wp-json\/wp\/v2\/service?post=116332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}