World General Aviation Aircraft Shipments Up 7% in Second Quarter 2018

U.S. Manufacturers Deliver 413 Aircraft in Second Quarter – Up 34 Units from Q2 2017

by J. Kasper Oestergaard, European Correspondent.

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

Airbus and Boeing to Tout New Tie-ups as Farnborough Begins

By Ray Jaworowski, Senior Aerospace AnalystForecast International.

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

Airbus Rebrands CSeries as A220 Family

by Douglas Royce, Senior Aerospace Analyst, Forecast International.

Airbus A220-300 is the newest member of the Airbus single-aisle family. Photo: Airbus

Airbus rebadged the Bombardier CSeries jet as the Airbus A220 after taking control of the program on July 1 under a new joint venture between the two manufacturers. The two new models in Airbus’ lineup, the A220-100 and A220-300, were formerly known as the CS100 and CS300, respectively. Continue reading

Boeing and Embraer Solidify Commercial Aircraft Tie-Up

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

Image: Embraer

The times they are a-changin’.

In a move that has altered the commercial aircraft OEM landscape, Airbus has announced a tie-up with Bombardier.  As a counter, Boeing is moving to join with Embraer.   A teaming between Boeing and Embraer will allow the two firms to better compete against the CSeries, which has been the focus of several trade disputes in both Brazil and the U.S. Continue reading

World General Aviation Aircraft Shipments Up 3% in First Quarter 2018

U.S. Manufacturers Deliver 315 Aircraft in First Quarter – Up Four Units from Q1 2017

by J. Kasper Oestergaard, European Correspondent.

Minnesota-based Cirrus Aircraft had a strong first quarter and delivered 74 of its smaller but very popular piston-engine aircraft, up 29 percent from 57 in Q1 2017. Shipments of the SR20 boasted the largest increase and more than doubled in Q1 2018. Photo Courtesy of Cirrus Design Corporation

According to the General Aviation Manufacturers Association (GAMA), in the first quarter of 2018, manufacturers reported both higher deliveries and higher revenues than in the same quarter in 2017. Fixed-wing general aviation aircraft manufacturers delivered 447 aircraft worldwide in Q1 2018, up 2.8 percent from 435 in Q1 2017. Revenues increased 3.3 percent to $3.8 billion, mainly due to higher revenues reported by Bombardier, Textron, and several smaller manufacturers. Continue reading

Babcock International Awarded Contract by Italy for Airborne Firefighting Service

by Matthew Beres, Airborne Retrofit & Modernization Analyst, Forecast International.

CL-415 fire fighter drops water on flames

Europe and North America both experienced devastating wildfires in 2017, part of a current trend that pits suburban sprawl against hazardous fire-prone geography. Airborne firefighting platforms such as the CL-415 are often vital to firefighting responses following a major fire outbreak.

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World General Aviation Aircraft Shipments Up 5% in 2017 – Revenues Slip

U.S. Manufacturers Deliver 529 Aircraft in Fourth Quarter – Up 20 Units from Q4 2016

by J. Kasper Oestergaard, European Correspondent.

In 2017, for the fifth consecutive year, Gulfstream was the largest general aviation aircraft manufacturer in the world by revenues. The company delivered 120 business jets worth a total of $6.6 billion. Photo: Gulfstream Aerospace Corp

According to the General Aviation Manufacturers Association (GAMA), in the fourth quarter of 2017, manufacturers worldwide reported higher deliveries than in 4Q 2016, but on lower revenue. Fixed-wing general aviation aircraft manufacturers delivered 792 aircraft worldwide in Q4 2017, up 4.6 percent from 757 in Q4 2016. Revenues declined 3.0 percent to $7.3 billion, mainly due to lower revenues reported by Bombardier and Embraer. Continue reading

Embraer and Boeing Merger Would Round Out Aircraft Offerings

By Richard Pettibone and Ray Jaworowski, Analysts, Forecast International.

Embraer E190-E2

Boeing and Embraer have confirmed that the two companies are engaged in discussions regarding a potential combination, the basis of which remains under discussion.  While an outright acquisition is unlikely due to Brazilian government fears of outright foreign ownership, some form of joint venture is likely. Continue reading

Status Quo for World General Aviation Aircraft Deliveries in Q3 2017

U.S. Manufacturers Deliver 377 Aircraft – Down 6 Units from Q3 2016

by J. Kasper Oestergaard, European Correspondent.

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

Business Jet Market Recovery On the Horizon

By Ray Jaworowski, Senior Aerospace AnalystForecast International.

Gulfstream G650

Gulfstream G650

Data from Forecast International’s innovative Platinum Forecast System® 3.1 show that a total of 12,282 business jets will be produced during the 15-year period from 2017 through 2031.  We estimate the value of this production at $354 billion in 2017 U.S. dollars. Continue reading