In today's world, digital transformation is becoming increasingly crucial in industry. The Digital Twins and simulations become much more important with growing complexity of products, the need to accelerate product development processes while reducing costs. The increasing value of Digital Twins is prompting organizations in the aviation industry to actively utilize them in research and development efforts. However, due the idea of difficulties of using Digital Twins in the industries, product developers don’t have a clear idea where to begin. This article provides readers with a general overview of the current situation by offering an examination of the aviation sector. Initially, the concept of Digital Twin, its evolution, and relevant studies are explored, followed by an examination of the impact of creating Digital Twins for companies operating in aviation on the product development process. In this study, unlike other published works, the concept of Digital Twin is explained under three subheadings. These include the Design Digital Twin for design steps, the Production Digital Twin for manufacturing processes, and the Performance Digital Twin for post-delivery work related to the product. The final section of the study evaluates the contribution of Product Lifecycle Management (PLM) systems to the process of creating Digital Twins and the advantages they provide to companies in product development processes. The present research work does not contain any studies performed on animals/humans subjects by any of the authors.
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