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
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
The turmoil that has roiled Bombardier over the past few years came to a head in 2015 when top management was dramatically reshuffled.
In February, Alain Bellemare was named to replace CEO Pierre Beaudoin. In April, Fred Cromer was selected to lead Bombardier Commercial Aircraft. In June, David M. Coleal was named president of Bombardier Business Aircraft. Finally, in August, a new chief financial officer, John Di Bert, was named to replace the retiring Pierre Alary.
The new management team has its work cut out for it as it seeks to deal with a litany of woes in the CSeries, Global 7000/8000, and Learjet 85 programs.
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
by Richard Pettibone, Forecast International
With Russia continuing its aggression in Ukraine, the world has responded with sanctions. As a result, the country’s aviation industry has been stymied in its efforts to grow beyond its usual customer base.
As these sanctions and counter sanctions continue, the opportunity to gain sales with Western operators has dimmed considerably. For an industry that was just beginning to emerge from the post-Soviet doldrums, this is an unwelcome development to say the least.Before these developments, Irkut led the reformation of Russia’s aerospace realignment efforts. The firm pursued a more Western consolidation strategy. It started at the bottom, where the most expensive overcapacity is, rather than from the top. This proved successful, and Irkut was one of the first aviation firms in Russia to become somewhat privatized.