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
U.S. Manufacturers Delivered 311 Aircraft in Q1 2017 – up 32 from 2016
by J. Kasper Oestergaard, European Correspondent.
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
More than nine years after India initially sought out a Medium Multi-Role Combat Aircraft (MMRCA) under its $11 billion “Deal of the Century” competition, over four years since the Rafale was downselected as the winning bid, and nearly a year-and-a-half since Prime Minister Narendra Modi cut through the byzantine MMRCA technical parameters in an attempt to speed things up by reaching an inter-government agreement with French President Francois Hollande, India finally signed a deal with France for the procurement of Dassault Rafale combat aircraft on September 23. Continue reading
Featuring Forecast International analysts Doug Royce, Derek Bisaccio and Daniel Darling. Edited by Matthew Beres.
Welcome to the third episode of the Forecast Roundtable podcast. Each podcast features several analysts discussing various aerospace and defense-related issues.
This week Doug Royce continues the interviews of Derek Bisaccio and Daniel Darling regarding Middle East defense cooperation and military acquisition. Matthew Beres edited.
Click the button below to download the podcast.
02:25 – How does Israel feel about the defense buildup that’s happening in the GCC?
04:27 – F-35 comments
04:32 – Israel and Turkey’s Relationship
10:22 – Defense trade between the Arab world and China. Will China be a future competitor for the U.S. and European companies?
12:05 – Will the future see greater reliance on China as an arms supplier to GCC countries?
As India embarks on its quest to fast-track construction of a second indigenous aircraft carrier, the question in Indian Navy circles becomes how best to fill out the necessary combat aircraft component to be featured on the new ship. At a projected 65,000 tons, the future INS Vishal will be much larger than its 40,000-ton predecessor, INS Vikrant, and, per Indian Navy planners’ projections, will require that the service procure as many as 54 additional aircraft. Continue reading
By Matthew Beres, Forecast International.
In the blink of an eye, France has come out of nowhere and ripped the global fighter market from the hands of its industry competitors. It’s certainly no surprise that the Rafale is gaining sales momentum, as it’s always been operationally competitive, despite a protracted failure to solicit international buyers. 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.
by Nicole Auger, Forecast International.
United States President Barack Obama has released military aid to Egypt that was suspended after the 2013 overthrow of the nation’s first democratically elected president since the fall of President Hosni Mubarak. The White House said Obama notified Egyptian President Abdel-al-Fattah al-Sisi, in a phone call on March 31, that the U.S. would be sending 12 F-16 fighter jets, 20 missiles, and up to 125 tank kits to Egypt, while continuing its annual $1.3 billion in military assistance to the country.