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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 …

United Aircraft Corporation the Centerpiece of Rostec’s Aviation Cluster
Posted on Thu, 03 Dec 2020 13:51:48 +0000 EST

Russia is continuing to consolidate its defense industry, and now its aviation industry, around its largest state-owned defense industry holding, Rostec. According to Rostec, the inclusion of United Aircraft Corporation …

Airbus Third Quarter 2020 Earnings Review and Outlook
Posted on Mon, 23 Nov 2020 13:52:07 +0000 EST

Airbus reported third quarter 2020 earnings on 29 October and results indicate that the worst of the COVID-19 fallout is now likely to be behind us. In Q3, revenue and cash flow greatly improved and the company reported a smaller net loss than in Q2. Cash flow was strong and the company reported €600 million in free cash flow for the quarter. Photo Source: Airbus S.A.S.

by J. Kasper Oestergaard, European Correspondent, Forecast International. Summary: Revenues and cash flow greatly Improved in third quarter Sharp increase in deliveries in Q3 vs. Q2 Cash burn has stopped, Q3 …

Airbus and Boeing Report October 2020 Commercial Aircraft Orders and Deliveries
Posted on Mon, 16 Nov 2020 13:23:29 +0000 EST

The return of the Boeing 737 MAX draws close while Airbus reports highest delivery figures since before the pandemic, delivers first A330-800 and mulls A320 rate hike by J. Kasper …

Airbus and Boeing Report September 2020 Commercial Aircraft Orders and Deliveries
Posted on Fri, 16 Oct 2020 13:41:15 +0000 EST

On 1 October, Boeing announced it will be moving all 787 production to South Carolina in 2021. According to Boeing, a single site will improve operational efficiency as the company adapts to market downturn and positions for recovery and long-term growth. Photo Source: The Boeing Company.

Both companies report no new orders in September as Boeing decides to move all 787 production to South Carolina in 2021 by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and …

Forecast International’s Platinum Forecast System Proving Its Value During Pandemic
Posted on Thu, 15 Oct 2020 15:20:36 +0000 EST

System’s use on the rise in response to the need for breaking news and updated forecasts. Forecast International reports that sales and use of its dynamic Platinum Forecast System 4.4 …

Airbus and Boeing Report August 2020 Commercial Aircraft Orders and Deliveries
Posted on Mon, 14 Sep 2020 14:24:03 +0000 EST

In August, Boeing received orders for a total of eight jets, including three 737 MAX (737-8) narrow-bodies for Polish charter airline, Enter Air, and two 737 MAXs for an undisclosed customer – the first MAX orders since November last year. Photo Source: The Boeing Company.

Boeing Receives First 737 MAX Orders in 2020 by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 13 and 39 commercial jets in August 2020, compared to 18 …