Civil aerospace news and insights from Forecast International
Rolls-Royce is having a good year. The company announced it will reinstate dividends for the first time since the pandemic, a clear sign that CEO Tufan Erginbilgic’s turnaround strategy is …
Rolls-Royce Stock Soars as Profits Take Off Read More
Air New Zealand Ltd has revealed that, after careful consideration, it is abandoning its 2030 carbon emissions reduction target and will immediately withdraw from the Science Based Targets initiative (SBTi), …
Air New Zealand Scraps 2030 Carbon Emissions Reduction Target Read More
In a significant move aimed at revitalizing the aerospace giant, Boeing’s Board of Directors has appointed Robert K. “Kelly” Ortberg as the company’s new president and chief executive officer. Effective …
Kelly Ortberg Takes the Helm at Boeing Read More
Embraer unveiled a number of upgrades and performance improvements for its E-Jets and E-Jets E2 series of commercial jetliners at the Farnborough International Airshow. The upgrades and improvements apply to …
Embraer Unveils E-Jets Upgrades at Farnborough Read More
Embraer is intensifying its push into sustainable aviation with new developments in its Energia concept aircraft. The Brazilian aerospace giant, which unveiled the initial concept focused on 30-seat planes, has …
Embraer Expands Scope of Energia Concept to 50-Seat Aircraft Read More
Increased deliveries and ordering activity ahead of Farnborough /// Boeing 737 MAX deliveries picking up pace Ahead of this year’s Farnborough International Airshow, orders and deliveries picked up pace in …
Airbus and Boeing Report June 2024 Commercial Aircraft Orders and Deliveries Read More
Airbus and Thales are reportedly exploring a merger of their satellite operations, according to the Financial Times and Reuters. This potential deal is seen as a pivotal moment for Europe’s …
Airbus and Thales Eye Satellite Merger Read More
ARLINGTON, Va. – Flightglobal reports that Boeing has begun flight testing the 777-9 with the FAA on board, a significant step towards certification of the long-delayed widebody jet. This comes …
Boeing 777-9 Program Begins Certification Flight Testing 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
GE Aerospace announced it has extended Chairman and CEO H. Lawrence Culp Jr.’s term until at least December 2027, with the possibility of further extension to 2028. Culp’s prior agreement …
GE Aerospace Secures CEO Culp’s Leadership Through 2027 Read More