After years of difficulty, Bombardier has made some bold moves under its five-year restructuring plan, begun in 2015.
The most dramatic of these steps has been the formation of a joint venture, majority led by Airbus, to take over the CSeries program. This effort, begun in late 2017, became official in July 2018 when Airbus assumed a 50.01 percent controlling stake in the program. The CSeries was quickly rebranded as the Airbus A220 after the joint venture took control of the program. The two new models in Airbus’ lineup, the A220-100 and A220-300, were formerly known as the CS100 and CS300, respectively. Continue reading →
On July 20, during the Farnborough International Airshow, the Gulfstream G500 received both its type certification and production certificate from the U.S. Federal Aviation Administration (FAA). Source: Gulfstream Aerospace
According to the General Aviation Manufacturers Association (GAMA), in the second quarter of 2018, manufacturers reported higher deliveries on lower revenues. Fixed-wing general aviation aircraft manufacturers delivered 607 aircraft worldwide in Q2 18, up 7.2 percent from 566 in Q2 17. At the same time, revenues decreased 10.8 percent to $4.7 billion, the result of lower revenues reported by business jet makers Gulfstream, Bombardier, Embraer and Dassault. The increase in deliveries was attributable to higher piston-engine and turboprop aircraft shipments. Continue reading →
In July 2018, Boeing delivered only 39 jets, including 29 737s, as the company’s supply chain struggles to keep up with demand. The biggest issue right now appears to be delays in shipments of CFM International LEAP-1B engines. About 50 737s without engines are reportedly parked around Boeing’s Renton factory. Source: CFM International
Boeing and Airbus delivered 39 and 77 commercial jets in July 2018, respectively, compared to 58 and 47 deliveries during the same month last year. July is traditionally a slow month for deliveries, but Boeing’s shipment tally was unusually low as a result of 737 delays due to late deliveries of fuselages and engines from suppliers. Airbus’ July shipments were unusually high, as the company is now able to deliver already assembled aircraft that have been sitting on the tarmac waiting for their engines. In 2017, Boeing delivered 763 jets (748 in 2016), in line with company expectations, while Airbus surpassed its delivery target of 700 jets by handing over 718 aircraft during 2017 (688 in 2016). Continue reading →
The market for large commercial transports continues to rise following a brief downtick in 2015-2016. At the 2018 Farnborough Airshow, both Airbus and Boeing generated an impressive number of orders and commitments. All told, the over 1,400 aircraft orders placed was the biggest total since 2013, with Airbus garnering 431 orders and Boeing “winning” the show with 676. Continue reading →
The recently concluded Farnborough International Airshow generated an impressive number of orders and other purchase commitments (options, letters of intent, Memoranda of Understanding, etc.) for the world’s commercial aircraft manufacturers. Aircraft orders and commitments totaled more than 1,400, outpacing recent Farnborough shows and even the last two Paris Air Shows (2017 and 2015). One would have to go back to the 2013 Paris show to find a bigger sales haul at an international air show. Continue reading →
Data from Forecast International’s Platinum Forecast System 4.0 indicate that 29,407 large commercial jet transports will be produced in the 15-year period from 2018 through 2032. The value of this production is estimated at $4.73 trillion in constant 2018 U.S. dollars. Continue reading →
On June 22, Airbus reported that Greece’s biggest airline, Aegean, had firmed up an order for the purchase of 20 A320neo and 10 A321neo jets. The deal follows an earlier MoU signed in March 2018. The order was just one of many sizable Boeing and Airbus bookings in June. Photo: Airbus SAS
Boeing and Airbus delivered 82 and 80 commercial jets in June 2018, respectively, compared to 75 and 64 deliveries during the same month last year. June is traditionally a busy month for deliveries. Of key importance for Airbus, its persistent troubles with insufficient engine deliveries appear to be easing. In 2017, Boeing delivered 763 jets (748 in 2016), in line with company expectations, while Airbus surpassed its delivery target of 700 jets by handing over 718 aircraft during 2017 (688 in 2016).
Airbus announced large orders for the very popular A320neo narrowbody airliner at the Farnborough Air Show along with new orders for the larger A350 XWB widebody and a commitment for the A220. We don’t expect to see any orders for the A380 at the show.
As usual, the order contest between Airbus and Boeing will take center stage at this year’s Farnborough International Airshow in the U.K. Through the end of June 2018, orders for the two giant manufacturers were somewhat ahead of the pace set in the first six months of 2017. With few or no signs evident of an immediate sales slowdown, the stage is set for another big order haul at the show for Airbus and Boeing. It should be kept in mind, though, that the Farnborough show tends to generate a lower number of order announcements than does the rival Paris Air Show. Continue reading →