Civil aerospace news and insights from Forecast International
With global economic slowdowns – and a few near-total shutdowns – the impacts of COVID-19 are developing on a day-to-day basis. Air travel has been the unfortunate poster child of …
COVID-19 Impact on the Retrofit & Modernization Market Read More
The COVID-19 pandemic cast global markets into a period of uncertainty as it moved across the globe in early 2020. The impact of the virus has yet to be fully …
Leonardo Dealing with COVID-19 Crisis Read More
It’s been a rough couple of years for General Electric, but in 2020 its turnaround efforts should take solid root. For the past few years, the company has been trying …
GE Wraps Restructuring, Aviation Remains a Cornerstone Read More
What should have been a stellar 50th anniversary year for Airbus was tainted as the company took an eye-watering $4 billion in fines to settle fraud, bribery and corruption charges …
Airbus Prepares for Some Near-Term Turbulence Read More
Korea Aerospace Industries has bounced back following an earlier scandal in 2017 that rocked the company and led to the ouster of many top-level corporate officials amid allegations of corruption …
Korea Aerospace Industries Puts Past Troubles Behind It Read More
Orders Drought: Only One Jet Ordered in Unusually Weak Month by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 30 and 81 commercial jets in May 2019 …
Airbus and Boeing Report May 2019 Commercial Aircraft Orders and Deliveries Read More
Kawasaki Heavy Industries (KHI) is still working to improve its profitability, which has been flat for the past three years. Much of this decline is due to the effects of …
Kawasaki Heavy Industries Works Its Way Through the Doldrums Read Moreby C. Zachary Hofer, Defense Electronic Systems Analyst, Forecast International. According to a February 25th report from Chosun Biz out of the Republic of Korea, Korean defense contractor Hanwha Systems has begun …
Integrated C-UAV System Under Development at Korea’s Hanwha Systems Read More Airbus is looking forward to, and at the same time dreading, some upcoming changes in its operations and markets in 2019. A new CEO is taking the helm, and it …
Brexit Uncertainty Dogs Airbus as New CEO Takes the Helm Read Moreby Stuart Slade, Senior Naval & Marine Power Systems Analyst, Forecast International. In the 2019-2028 forecast period, Forecast International projects that 1,365 steam turbine machines of 20 MW and larger …
Steam Turbine Industry’s Long-Term Market Outlook Remains Strong Read More