Civil aerospace news and insights from Forecast International
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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
Over the course of the past several years, German eVTOL startup Lilium Jet had seemingly secured its place amongst the premier contenders within the burgeoning UAM market. As recently as …
Lilium Jet Files for Insolvency Read More
SpaceX has secured two significant launch contracts from the U.S. Space Force’s Space Systems Command (SSC) under the National Security Space Launch (NSSL) Phase 3 Lane 1 program. These Launch Service Task …
SpaceX Lands Major Launch Contracts from U.S. Space Force 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
Embraer reported strong financial results for the third quarter of 2024. The company delivered a total of 57 jets, a 33% increase compared to the same period last year. The …
Embraer Notches Another Strong Quarter Read More
Deliveries still sluggish – orders strong with 300 new bookings as Airbus sets another all-time backlog record In September, deliveries were slow but orders were strong – in particular for …
Airbus and Boeing Report September 2024 Commercial Aircraft Orders and Deliveries Read More
One month after announcing that its flagship Cavorite X7 eVTOL would transition to full-scale prototype development by the close of the current year, Canadian startup Horizon Aircraft has continued to …
UAM Snapshot – Horizon Aircraft Cavorite X7 Read More
Airbus Defence and Space plans to cut 2,500 jobs by mid-2026, citing a challenging business climate in its space systems division. This decision is primarily driven by significant financial losses …
Airbus Defence and Space Restructures Cutting 2,500 Jobs Read More
Boeing announced plans to end production of the 767-300F freighter in 2027, after which the 767-2C is to be the sole 767 version in production. The company indicated that production …
Boeing to End 767-300F Production in 2027; Postpones 777X Delivery Start Read More