The completion of the biennial Paris Air Show marks a time when orders are tallied and success is measured. The battle for orders between Airbus and Boeing is not new; however, with each airframe sold, suppliers also reap the rewards, particularly engine manufacturers. Continue reading
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 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
Forecast International is projecting that 1,241 light military rotorcraft will be produced by manufacturers during the 10-year period from 2016 through 2025. The value of this production is estimated at $19.7 billion, as calculated in constant 2016 U.S. dollars. We define a light military rotorcraft as one having a maximum gross weight of less than 6,804 kilograms (15,000 lb). Continue reading
In its latest study on the light military rotorcraft market, Forecast International projects that 1,304 light military rotorcraft will be produced from 2015 through 2024. The value of this production is estimated at $19.9 billion in constant 2015 U.S. dollars. In general, we define a light military rotorcraft as having a maximum gross weight of less than 6,804 kilograms (15,000 lb). 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
Unmanned naval surface and underwater system production is slated to be mixed during the next 10 years. Companies will produce some 29,569 units through 2024. The value of this market over the next decade will reach $15.4 billion.