Cessna delivered 29 units of its popular Grand Caravan EX turboprop in the third quarter of 2017, up from 22 in Q3 2016. Photo: Textron Aviation
According to the General Aviation Manufacturers Association (GAMA), the third quarter of 2017 showed mixed results for the industry, but with some bright spots. Fixed-wing general aviation aircraft manufacturers delivered 531 aircraft worldwide in Q3 2017, down 1.1 percent from 537 in Q3 16. Revenues declined 0.9 percent to $4.1 billion, driven by lower revenues at Bombardier and Embraer. Continue reading →
For the past month, Wall Street analysts have been having a feeding frenzy over General Electric, driving the price lower and lower until it reaches the point where they can jump back in. It’s like a self-fulfilling prophesy – every day they find some new fault to gripe about, set lower target prices, announce them to the world, and, amazingly, the price goes down! Actually, it’s wearing a little thin and the price seems to be sticking at around 18 bucks a share. Continue reading →
Both Airbus and Boeing had a strong Dubai Airshow. On November 15, 2017, Indigo Partners and Airbus signed an MoU for 430 A320neo family aircraft. Although not a firm order, this constitutes an important vote of confidence in a platform that has been dogged by engine supply issues. Photo Courtesy Airbus SAS
Airbus and Boeing took the headlines at the 2017 Dubai Airshow with a slew of orders and commitments. In the weeks leading up to the air show, the high point was expected to be a new Emirates order for 36 A380 superjumbos, but instead the newsflow out of Dubai was dominated by massive commitments for both manufacturers’ new families of narrowbody jets. As the doors closed on Thursday of last week, total orders amounted to nearly $114 billion at list prices. According to the organizers, trade visitors were up 20 percent over the 2015 event, and almost 80,000 people visited the show during its five-day run. For Airbus and Boeing, the final score in Dubai was 510 and 296 orders and commitments, respectively. Continue reading →
On October 20, 2017, China Southern Airlines placed an order for eight 777-300ER widebody jets and 30 737 MAXs. During President Trump’s visit to China in November, Boeing signed an agreement with CASC for 300 commercial jets. Photo Courtesy China Southern Airlines
Boeing and Airbus delivered 56 and 63 commercial jets in October 2017, respectively, compared to 54 each during the same month last year. This year to date, Boeing has delivered 610 jets (617 at the same time last year), while Airbus has delivered 517 (516). In 2016, Boeing delivered 748 jets (762 in 2015), in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading →
Can MAN, a company that is no stranger to power generation, outshine its rivals and break into a massive, competitive market? As far as gas turbines are concerned, MAN has not really had a big piece of the pie; however, that might shift somewhat in the coming decade. A new product, developed in-house by MAN, has been doing rather well for a new design and will perhaps gain the manufacturer some traction in the power generation/mechanical drive market.
Airbus reportedly has many A320neo jets sitting on the tarmac at its final assembly locations waiting for their engines. Photo: Pratt & Whitney
Boeing and Airbus delivered 202 (78+66+58) and 148 (55+46+47) commercial jets in Q3 2017, respectively, compared to 188 and 164 during the same quarter last year. This year to date, Boeing has delivered 554 jets (563 at this time last year), while Airbus has delivered 454 (462 in 2016). In 2016, Boeing delivered 748 jets (762 in 2015) in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading →
CSeries 100 is at the center of the dispute. Photo: Bombardier
Earlier this week, the U.S. Commerce Department took Boeing’s side in an ongoing dispute with Canada’s Bombardier after Boeing claimed that an April 2016 order for 75 CSeries jets by Delta Air Lines was unfairly subsidized by the Canadian government.
by Bill Ostrove, Space Systems Analyst, and Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.
Antares launch. Source: NASA/Bill Ingalls
Behind all the sound and fury surrounding the recent UTC/Rockwell deal, Northrop Grumman quietly moved in earlier this week and scooped up rocket and missile maker Orbital ATK in a deal valued at $9.2 billion. Under the agreement Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval. Continue reading →
After a summer of speculation, United Technologies Corp (UTC) and Rockwell Collins announced that they have reached a definitive agreement under which UTC will acquire Rockwell Collins in a cash and stock transaction valued at $30 billion. Continue reading →
Despite drawing equal amounts of praise and ire, the F-35 program is in a continual process of progressing as the airframe surpasses 100,000 hours of flight time. An expensive piece of kit, the aircraft has conjured up arguments as to whether it is suitable in today’s military environment and if the price is commensurate with performance. Any aviation forum site chosen is rife with F-35 discussions; however, one aspect that seems to get less attention is the F135 turbofan engine that powers the fighter. Continue reading →