The Cirrus SR22T (piston) was the best-selling general aviation aircraft worldwide in Q2 2017, with 50 units delivered – up from 47 in Q2 2016. Photo Courtesy of Cirrus Aircraft
According to the General Aviation Manufacturers Association (GAMA), the second quarter of 2017 showed mixed results for the industry, but with several bright spots. Fixed-wing general aviation aircraft manufacturers delivered 561 aircraft worldwide in Q2 2017, up 2.6 percent from 547 in Q2 2016. At the same time, however, revenues declined 1.2 percent, to $5.3 billion, driven by lower revenues at Gulfstream and Bombardier. Continue reading →
The Cirrus SR22 (piston) was the best-selling general aviation aircraft worldwide in Q1 2017 with 25 units delivered – up from 20 in Q1 2016. Photo Courtesy: Cirrus Aircraft.
According to the General Aviation Manufacturers Association (GAMA), the first quarter of 2017 showed mixed results for the industry – with several bright spots appearing. Fixed-wing general aviation aircraft manufacturers delivered 434 aircraft worldwide, up 2.8 percent from 422 in the Q1 2016. However, revenues declined as much as 10.9 percent (to $3.6 billion), due to increased competition and lower prices. Continue reading →
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 →
In our study “The Market for Regional Transport Aircraft,” Forecast International predicts that a total of 3,817 regional aircraft will be produced from 2016 through 2025. This includes both regional jets and regional turboprop airliners. The value of this production is estimated at $135.2 billion in constant 2016 U.S. dollars. Continue reading →
Bombardier Commercial Aircraft and Delta Air Lines have signed a firm agreement covering the purchase of 75 CS100 regional airliners with options for an additional 50 aircraft. The agreement also allows Delta to convert a number of these orders into orders for the larger CS300 model down the road. Continue reading →
The turmoil that has roiled Bombardier over the past few years came to a head in 2015 when top management was dramatically reshuffled.
In February, Alain Bellemare was named to replace CEO Pierre Beaudoin. In April, Fred Cromer was selected to lead Bombardier Commercial Aircraft. In June, David M. Coleal was named president of Bombardier Business Aircraft. Finally, in August, a new chief financial officer, John Di Bert, was named to replace the retiring Pierre Alary.
The new management team has its work cut out for it as it seeks to deal with a litany of woes in the CSeries, Global 7000/8000, and Learjet 85 programs.
Forecast International predicts that a total of 4,040 regional aircraft will be produced by manufacturers during the 10-year period from 2015 through 2024. The total includes both regional jets and regional turboprop airliners. The value of this production is estimated at $136.1 billion in constant 2015 U.S. dollars. Continue reading →
Fresh off a corporate reshuffle, Bombardier’s new management team is utilizing this year’s Paris Air Show as a high-visibility platform to show the world that flight testing of its all-new CSeries commercial airliner is displaying performance results that are better than had been initially targeted by the company. Bombardier says that flight testing has indicated that both the CS100 and CS300 variants are exceeding their original targets for fuel burn, payload, range, and airfield performance. For instance, Bombardier notes that the CSeries is delivering an improvement of more than 20 percent in fuel burn compared to current in-production aircraft in its class. Continue reading →
The Paris Air Show is the world’s largest aerospace trade show, and organizers say that the 2015 event will host 2,260 exhibitors from 47 countries, surpassing the record 2,215 exhibitors hosted in 2013.
One of the highlights of the 2015 exhibition will be the return of the U.S. military, which skipped the 2013 Paris show due to sequestration-related budgetary issues. A large static display of several U.S. military aircraft and rotorcraft is planned for the 2015 show, including a possible last hurrah at Paris for the A-10 close air support aircraft, which the U.S. Air Force has been trying to retire against the wishes of Congress. One notable absence will be the F-35 Joint Strike Fighter, which is not scheduled to make the trip to Paris. None of the U.S. military aircraft are slated to perform in the show’s daily flying display. Continue reading →
Gulfstream’s G500 business jet completed its first flight on May 18. Unveiled in October 2014, the G500 is part of Gulfstream’s new family of clean-sheet, long-range business jets, which also includes the G600.
The G500 (N500GA) took off at 10:39 am local time from Savannah-Hilton Head International Airport in Georgia. The aircraft climbed to an initial altitude of 3,200 meters (10,500 ft), and reached a maximum altitude of 4,572 meters (15,000 ft). It achieved a maximum air speed of 194 knots.