Forecast International projects that a total of 5,728 regional aircraft will be produced in the 15-year period from 2017 through 2031, including both regional jets and regional turboprop airliners. The value of this production is estimated at $212.9 billion, as calculated in constant 2017 U.S. dollars. Continue reading
Embraer plans to conduct a flight display of three new aircraft at this year’s Paris Air Show. The Brazilian aerospace company will display its commercial E195-E2 airliner, Legacy 450 business jet, and KC-390 military multirole transport. 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
Embraer has postponed service entry of its new E175-E2 regional jet by approximately one year. Originally targeted for 2020, the E175-E2 is now scheduled to enter service in 2021. The company said that, in part, the postponement is due to the inability of major airlines in the U.S. to negotiate a relaxation of scope clauses in pilot contracts. 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
By Bill Ostrove, Space Systems and Military Markets Analyst, and Raymond Jaworowski, Senior Aerospace Analyst, Forecast International.
As the Farnborough International Air Show 2016 kicks off, an exciting week is expected. Boeing will celebrate its 100th anniversary, even as the aerospace giant battles its rival for dominance in the commercial airline market. As is typical at Farnborough, a number of much anticipated aircraft debuts will occur, including that of the F-35B, KC-390, and Boeing 737 MAX. Hanging over this year’s show will be questions about Brexit, which has left businesses to deal with increased uncertainty. Continue reading
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
With the Great Recession pretty much over, Embraer now finds itself stronger both financially and product line-wise. The company celebrated a record backlog of $20.9 billion in 2014, and deliveries have also gained strength. Continue reading
The U.S. Defense Security Cooperation Agency recently announced the State Department’s approval to sell six Embraer A-29 Super Tucano aircraft to Lebanon. Aiding the plane’s close air support role would be the ALE-47 countermeasures dispensing system, which would protect the aircraft from enemy fire. BAE Systems (the ALE-47 manufacturer most likely to be involved in this contract), under the terms of the potential contract, would supply eight of the ECM units, with six installed in the Super Tucanos and the other two serving as spares. The contract, however, has not yet been signed. Continue reading