Safran Expands with $9.1 Billion Zodiac Aerospace Buy

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.

Zodiac Seats

Safran has announced that it will acquire seats manufacturer Zodiac Aerospace for approximately EUR8.5 billion ($9.1 billion).

The new entity will combine Safran’s capabilities in landing gear, wheels and brakes, nacelles, power systems, actuation systems and avionics with Zodiac Aerospace’s positions in seats; cabin interiors; power distribution; lighting; fuel, oxygen and fluid systems; and safety equipment. Zodiac Aerospace’s electrical systems assets will reinforce Safran’s portfolio of technologies and position the group ideally for future developments toward the “more electrical aircraft.”

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Airbus, Boeing Report December and Full-Year 2016 Aircraft Orders and Deliveries

by J. Kasper Oestergaard, European Correspondent.

Airbus Delivers 111 Jets in Wild Year-End Rally, Logs 321 Net Orders

Airbus delivered 111 jets in just one month in December in an impressive year-end surge, and also logged 321 net orders, including the long-awaited Iran Air order for 98 jets.
Photo Courtesy Airbus SAS

Boeing and Airbus delivered 67 and 111 commercial jets in December 2016, respectively, compared to 53 and 79 during the same month last year. For Airbus, this marks an unprecedented dash to the year-end finish line, having been held back by A320neo and A350 supply chain issues. For the full year of 2016, Boeing delivered 748 jets (762 in 2015), in line with company expectations, while Airbus surpassed its delivery target of 650-670 jets by handing over 688 jets during the year (635 in 2015). In 2015, Boeing delivered 762 aircraft, ahead of Airbus’ 635. In 2014 and 2013, Boeing delivered a total of 723 and 648 jets, respectively, compared to Airbus’ 629 and 626. Continue reading

MTU Aero Engines Ramps Up New Engine Production

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.

Pratt & Whitney PW1000G

MTU Aero Engine is well positioned for years of solid profitability, thanks to the healthy status of its commercial engine production operations and an increasing emphasis on MRO activities.  Business remains brisk in both these sectors. Continue reading

Sukhoi Builds on Initial Success

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.

Sukhoi Superjet 100

As the primary foundation upon which Russia’s United Aircraft Corp has been built, Sukhoi remains the strongest of the Russian manufacturers.  The company’s success is due to two programs: one civil aircraft, the Sukhoi Superjet 100; and one military, the Su-35 fighter. Continue reading

AVIC Leads China’s Drive to Become an Aerospace Powerhouse

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.

China's Comac rolled-out its new C919 airliner on November 2. [Photo: Comac]

China’s Comac rolled-out its new C919 airliner on November 2. [Photo: Comac]

As China continues to refine its aviation dreams, Aviation Industry Corporation of China (AVIC) remains at the forefront.  The company leads that nation’s drive to become a major aerospace power. As such, it has been subject to numerous changes throughout the years.  Most recently, the government has borrowed a page from Western corporate practices and begun to focus the firm on its core operations in airframe manufacturing. Continue reading

Airbus, Boeing – November a Weak Month in Orders Race

by J. Kasper Oestergaard, European Correspondent.

airbus-small

Airbus needs to deliver 16 A350-900 jets in December to reach the 2016 target of 50 jets – an impossible feat unless the company has a long line of almost-finished jets stacked up at the final assembly line. Photo Courtesy Airbus SAS

Boeing and Airbus delivered 64 and 61 commercial jets in November 2016, respectively, compared to 71 and 61 during the same month last year. As of November 30, 2016, Boeing is trailing last year’s delivery figures with 681 commercial jets delivered (709 in 2015), which is in line with company expectations. Airbus has delivered 577 jets to date and is 21 deliveries ahead of November of last year.

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E175-E2 Service Entry Postponed to 2021

By Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Embraer E175-E2 regional jet

Embraer E175-E2 regional jet

Embraer has postponed service entry of its new E175-E2 regional jet by approximately one year.  Originally targeted for 2020, the E175-E2 is now scheduled to enter service in 2021.  The company said that, in part, the postponement is due to the inability of major airlines in the U.S. to negotiate a relaxation of scope clauses in pilot contracts. Continue reading

Airbus, Boeing Report October 2016 Commercial Aircraft Orders and Deliveries

by J. Kasper Oestergaard, European Correspondent.

On October 27, 2016, Boeing landed an order for 14 747-8 Freighters for UPS. Photo: The Boeing Company

On October 27, 2016, Boeing landed an order for 14 747-8 Freighters for UPS.
Photo: The Boeing Company

Boeing and Airbus each delivered 54 commercial jets in October 2016, compared to 58 and 49 during the same month last year, respectively. As of October 31, 2016, Boeing had delivered 617 commercial jets, trailing 2015’s comparable figure of 638 but in line with company expectations. Airbus, on the other hand, had delivered 516 jets, 21 deliveries ahead of last year. Continue reading

Business Jet Market to Resume Positive Growth Trend

By Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Cessna Longitude.

Cessna Longitude.

Although business jet production is unlikely to match the skyrocketing output seen in the mid-2000s any time soon, Forecast International’s Platinum Forecast System® shows that a total of 13,252 business jets will be produced during the 15-year period from 2016 through 2030.  The value of this production is estimated at a staggering $360 billion in FY16 U.S. dollars. Continue reading

COMAC Slowly Ramps Up ARJ21 Production

by Douglas Royce, Senior Aerospace Analyst, Forecast International.

COMAC's ARJ21. Source: COMAC

COMAC’s ARJ21.   Source: COMAC

COMAC’s ARJ21-700 program delivered its second aircraft to launch customer Chengdu Airlines in October 2016. The company delivered the airline’s first aircraft in November 2015, but it did not enter service until the following June. A slow ramp-up in production will follow as COMAC works with operators to resolve problems that are bound to crop up after an aircraft enters service. Continue reading