Civil aerospace news and insights from Forecast International
As the COVID-19 pandemic sweeps the world, many industries are trying to stay afloat. Governments and businesses involved with space are reacting differently to the new situation. Some launches are …
COVID-19 Impacts on the Space Industry Read More
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
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
OneWeb has filed for bankruptcy and in turn laid off 85 percent of its workforce. Citing the coronavirus epidemic as the reason for this move, the company is looking for …
OneWeb Looking for a Buyer as Pandemic Forces Bankruptcy Read More
COVID-19 Emerges as Potent Threat to Air Travel and Demand for Commercial Jets by J. Kasper Oestergaard, European Correspondent, Forecast International. While it would be premature to make detailed conclusions …
Airbus and Boeing Report February 2020 Commercial Aircraft Orders and Deliveries 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
Boeing‘s annus horribilis has culminated in the worst full-year loss in the company’s 103-year history. Nearly the whole year has been consumed by the two fatal crashes of its 737 …
Could Boeing’s Woes Finally Be Behind It? Read More
Airbus Sets New All-Time Backlog Record as Boeing 777X Makes First Flight by J. Kasper Oestergaard, European Correspondent, Forecast International. In January 2020, Boeing and Airbus delivered 13 and 31 …
Airbus and Boeing Report January 2020 Commercial Aircraft Orders and Deliveries Read More