Civil aerospace news and insights from Forecast International
With Boeing showing a probable near-term loss, plants closing, and the FAA still sitting tight with its order on grounding the 737 MAX, the common belief of many investors is …
Forecast International Sees New Perspective On Boeing and Airbus Competition Read More
Gulfstream’s unveiling in October 2019 of its new G700 business jet transformed the competitive dynamics in the ultra-long-range niche of the business jet market, and significantly strengthens the company’s position …
G700 Strengthens Gulfstream’s Position in Ultra-Long-Range Segment Read More
Airbus will cut production across its aircraft line amid plummeting demand for air travel amidst the coronavirus outbreak. In the first quarter of the year, Airbus booked 290 net orders …
Airbus to Cut Production Rates as Demand from Airlines Plummets Read More
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
Reuters reports that the U.S. government has granted a license to engine maker General Electric to export CFM LEAP-1C engines to China for use in COMAC’s C919 narrowbody airliner. GE …
US Gives Green Light For LEAP Engine Export to China Read More
Adding to its facility closures, Boeing announced that on April 8 it will temporarily suspend all 787 operations at Boeing South Carolina (BSC) until further notice. This impacts the Airport …
Boeing Temporarily Suspends Production at Several Facilities in Wake of COVID-19 Read More by J. Kasper Oestergaard, European Correspondent, Forecast International. According to Reuters, Airbus is contemplating a large A320 production cut due to the fallout of COVID-19. Airlines are currently scrambling to preserve …
COVID-19 European Status: Airbus Contemplating Large A320 Production Cut 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
by J. Kasper Oestergaard, European Correspondent, Forecast International. As COVID-19 cases now surge in the United States, the severe effects and restrictions have been a part of daily life in Europe …
COVID-19 Status and Impact on Aerospace and Defense Manufacturing and Air Travel in Europe Read More
A year into the Boeing 737 MAX crisis and Spirit AeroSystems is feeling some pain. With production halted on the airframe at the beginning of 2020, the company has initiated …
Spirit AeroSystems Grows Airbus Content, Bolsters Defense Read More