FI Blog Feed

GE Aviation to Stand Alone as GE Splits into Three
Posted on Tue, 09 Nov 2021 14:45:54 +0000 EST

Boeing F-15EX Eagle II will be powered by GE's F110-GE-129 engine.

It has been a wild ride for one of America’s most storied companies. After struggling for years to get its house in order, the company has announced its plan to …

Safran Charts Steady Course Toward Post-Pandemic Recovery
Posted on Mon, 08 Nov 2021 11:19:13 +0000 EST

CFM RISE program's Open Rotor engine concept. Image: GE Aviation

Safran is slowly working its way through the COVID-19 pandemic, with the initiatives it took at the beginning of the crisis helping it along. As Safran focuses primarily on the …

British Aerospace & Defense Company Meggitt Agrees to $8.8 Billion Takeover by Parker Hannifin
Posted on Wed, 04 Aug 2021 12:24:18 +0000 EST

Meggitt reported annual revenues of approximately $2.3 billion in 2020 and employs more than 9,000 people around the world. Meggitt has diverse aerospace & defense exposure with technology and products on almost every major aircraft platform. Photo Source: Meggitt plc.

by J. Kasper Oestergaard, European Correspondent, Forecast International. On August 2, British aerospace and defense company Meggitt announced that it has accepted an offer to be acquired by Parker Hannifin, a …

Airbus and Boeing Report Second Quarter 2021 Commercial Aircraft Orders and Deliveries
Posted on Mon, 19 Jul 2021 12:23:07 +0000 EST

On June 18, the Boeing 737-10, the largest aircraft in the 737 MAX family, successfully completed its first flight. The jet took off from Renton Field and landed a few hours later at Boeing Field in Seattle. The flight marks the start of a comprehensive test program prior to the 737-10’s scheduled service entry in 2023. Photo Source: The Boeing Co.

Year of Recovery Continues for Commercial Jet Makers – 737-10 Successfully Completes First Flight by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 79 and 172 commercial jets …

Civil Retrofit & Modernization Recovery Led by Cargo Conversions
Posted on Mon, 03 May 2021 11:00:32 +0000 EST

First Airspace JetBlue A321LR in front of the Airbus Delivery Center in Hamburg, Germany. Credit: Bengt Lange

The overall market for civil aircraft retrofit and modernization is, of course, directly tied to capacity. The COVID-19 pandemic has challenged the airline industry in ways it has never been …

Airbus and Boeing Report First Quarter 2021 Commercial Aircraft Orders and Deliveries
Posted on Mon, 19 Apr 2021 12:20:11 +0000 EST

On 29 March, Southwest Airlines placed an order for 100 Boeing 737 MAX 7 jets, the largest order for the aircraft since it was grounded in 2019. As part of the agreement, Southwest also converted 70 737 MAX 8 firm orders to MAX 7 firm orders and added 155 options for a mix of MAX 7 and MAX 8 aircraft. In the first quarter of 2021, Boeing booked 224 737 MAX orders but also received 190 cancellations. Photo Source: Southwest Airlines.

Year of Recovery Well Underway for Commercial Jet Makers – Strong Vote of Confidence in 737 MAX by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 77 and …

Top 100 Defense Contractors 2020
Posted on Tue, 02 Feb 2021 16:42:26 +0000 EST

The following is a list of the Top 100 U.S. Department of Defense prime contractors in fiscal year 2020 ranked by total contract funds awarded. In FY20, the DoD awarded …

Airbus and Boeing Report December and Full-Year 2020 Commercial Aircraft Orders and Deliveries
Posted on Mon, 18 Jan 2021 11:30:38 +0000 EST

After a banner year in 2019, Airbus had a more than challenging 2020 due to the fallout of the COVID-19 pandemic. The company delivered 566 jets down from 863 in 2019. As if Boeing did not already have enough of its plate in the aftermath of the 2019 737 MAX grounding, 2020 did not mark the comeback year the company had hoped for. Due to COVID-19 and the 737 MAX recertification dragging out, Boeing delivered just 157 aircraft, down from 380 and 806 in 2019 and 2018, respectively. Photo Source: Forecast International.

2021 Expected to Be Year of Recovery for Commercial Plane Makers by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 39 and 89 commercial jets in December 2020, …

MTU Aero Engines Sees MRO Recovery In 2021
Posted on Mon, 04 Jan 2021 11:00:00 +0000 EST

MTU Aero Engine performing maintenance on GE90 engine. Image

A little over a year into the COVID-19 pandemic, the aviation industry remains under pressure – a status that is likely to linger for some time to come. Air traffic, …

Airbus and Boeing Report November 2020 Commercial Aircraft Orders and Deliveries
Posted on Mon, 14 Dec 2020 13:24:31 +0000 EST

On 9 December, three weeks after the FAA ungrounded the 737 MAX fleet, Boeing delivered the first 737 MAX in almost two years to United Airlines. Photo Source: United Airlines.

737 MAX Ungrounded and Back in the Air as Boeing Delivers First Jet in Nearly Two Years to United Airlines by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus …