On May 16, 2017, Boeing delivered its newest narrowbody jet, the 737 MAX 8, to Malaysia-based Malindo Air (Batik Air Malaysia), which will be the first customer to put the MAX into commercial service. Photo Courtesy The Boeing Co
Boeing and Airbus delivered 75 and 64 commercial jets in June 2017, respectively, compared to 74 and 64 during the same month last year. This year to date, Boeing has delivered 352 jets (375 by this time last year), while Airbus has delivered 306 (298 in 2016). In 2016, Boeing delivered 748 jets (762 in 2015), in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading →
A Boeing 737 MAX in Malindo Air Livery Photo Courtesy The Boeing Company
The 2017 International Paris Air Show produced a fairly impressive number of sales announcements, though the pace was down a bit from recent Paris shows. Orders and other commitments for commercial airliners (including regional jets and turboprops) announced at the show totaled just over 1,000 aircraft. In terms of sales, this put the 2017 show somewhat behind the 2015 Paris show and well behind the 2013 Paris show, but ahead of the 2016 Farnborough show. Continue reading →
Boeing and China Aircraft Leasing Group (CALC) announced an order for 50 737 MAX airplanes at the 2017 Paris Air Show. Source: Boeing
According to projections from Forecast International’s Platinum Forecast System® 3.1, a total of 26,210 large commercial jetliners will be produced in the 15-year period from 2017 through 2031. The value of this production is estimated at $4.15 trillion 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 →
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 →
On the opening day of the Paris Air Show, United Technologies Corp (UTC) revealed that it has decided to proceed with a sale or spinoff of its Stratford, Connecticut-based Sikorsky Aircraft subsidiary. Earlier this year, UTC had announced that it was reviewing strategic alternatives regarding Sikorsky’s future within the UTC corporate portfolio.
At the time, Forecast International wrote that Sikorsky had a bright future with or without UTC. We pointed to such factors as Sikorsky’s continuing leadership in the military rotorcraft market among Western manufacturers, underscored by robust U.S. Army procurement of Black Hawk helicopters as well as key wins in such contests as the U.S. Air Force combat rescue helicopter and U.S. Navy VXX presidential helicopter programs. Added to this are Sikorsky’s smaller but growing presence in the civil rotorcraft market and the bright outlook for the firm in the increasingly important helicopter aftermarket. Continue reading →
According to media reports coming out of the first day of the Paris Air Show, the Chengdu/Pakistan Aeronautical Complex JF-17 Thunder jet fighter has secured its first confirmed export deal. The deal was concluded with an unnamed Asian country. Per client request, the lead sales and marketing official for the JF-17, Pakistan’s Air Commodore Khalid Mahmood, declined to specify the customer and the number of aircraft ordered, divulging only that deliveries will begin in 2017.
This prompts the natural question, Who is the buyer?