Civil aerospace news and insights from Forecast International
Boeing, the U.S. aerospace giant, announced significant job cuts on Monday, impacting thousands of workers across several states. The company will lay off over 2,500 employees in Washington, Oregon, South …
Boeing to Cut Over 2,500 Jobs as Major Layoff Plan Takes Shape Read More
Boeing’s grueling seven-week strike by the International Association of Machinists and Aerospace Workers (IAM) finally came to a close after union members voted 59% in favor of a new contract …
Boeing Strike Ends After Workers Approve New Contract Read More
Boeing’s unionized workforce will vote on November 4 on an enhanced contract offer that could end their seven-week strike, which has halted production of key aircraft models and added strain …
Boeing Machinists to Vote on Revised Contract Offer on Monday Read More
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A four-week strike by machinists at Textron Aviation has taken a significant toll on the company’s third-quarter financial performance. The labor action, which began on September 23rd and concluded on …
Machinists’ Strike Hits Textron Aviation’s Bottom Line Read More
Boeing’s ongoing strike took another significant turn on Wednesday as factory workers overwhelmingly rejected the company’s latest contract offer. This decision, which marks a major setback for new CEO Kelly …
Boeing Strike Continues as Workers Reject Contract Offer Read More Boeing’s machinists in the Puget Sound area are set to go on strike after overwhelmingly rejecting a new four-year employment contract. The decision follows a union vote on September …
Boeing Machinists Reject Contract Offer and Vote to Strike Read More
Source: Airbus Cathay Pacific Airways announced it will have its entire Airbus A350 fleet back in operation by September 7, following repairs to fuel lines in the aircraft’s Rolls-Royce Trent …
Cathay Pacific to Quickly Resume Full A350 Operations Read More
Currently, NASA is pursuing several key goals encompassing diverse areas like lunar exploration, scientific discovery, and technological advancements. NASA is setting its sights on the Moon and beyond, aiming for …
Top 100 NASA Contractors 2023 Read More
Global air passenger traffic saw a remarkable increase of nearly 37% in 2023 compared to the previous year. Total revenue passenger kilometers (RPK) for 2023 reached 94.1% of the pre-pandemic …
The Commercial Jet Market Continues to Recover: Key Insights and Projections Read More