//MANUFACTURERS

Boeing forecasts $9 trillion aerospace market opportunities in commercial, defense and services over next decade

Source: Boeing Boeing [NYSE: BA] today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO) – Boeing's analysis of long-term market dynamics – states that commercial airplanes and services are showing signs of recovery, while the global defense, space and government services markets have remained stable. The BMO projects a $9 trillion market over the next decade for aerospace products and services that Boeing addresses. The forecast is up from $8.5 trilliona year ago, and up from $8.7 trillion in the pre-pandemic 2019 forecast, reflecting the market's continued recovery progress. "As our industry recovers and continues to adapt to meet [...]

2021-09-14T18:48:29+03:00September 14th, 2021|MANUFACTURERS, News|

Boeing, Missile Defense Agency Demonstrate Advanced Missile Defense Capability in Successful Flight Test

Source: Boeing Test validates modernization of Ground-Based Interceptors to meet wider array of threats Boeing and the U.S. Missile Defense Agency (MDA) successfully demonstrated an advanced interceptor capability for the Ground-based Midcourse Defense (GMD) system, which defends the U.S. from rogue-state long-range intercontinental ballistic missile threats. The test included launching a Ground-Based Interceptor (GBI) into space with a three-stage booster in two-stage mode, allowing the GBI to release the kill vehicle earlier in flight, providing an earlier opportunity to intercept and defeat a missile threat. The new capability, made possible through digital system modelling software upgrades, gives operators the real-time choice between a two-stage or three-stage interceptor, depending on the threat's location and speed. The stage mode determines when the [...]

2021-09-13T15:39:31+03:00September 13th, 2021|MANUFACTURERS, News|

Airbus: Latest Commercial Aircraft figures

Source: Airbus Check out our order and delivery summary at a glance in the table below (numbers valid at the end of August 2021). For a full listing including details on customers and regions, as well as historical data for the previous year, go to the download section below. August 2021 deliveries: 40 to 25 customers August 2021 orders: 102 2021 deliveries to date: 384 to 70 customers   A300/A310 A220/A320 A330/A340/A350 A380 Total Total orders 816 16333 3108 251 20508 Total deliveries 816 10177 2335 248 13576 Aircraft in fleet 285 9584 2091 243 12203  

2021-09-07T19:06:56+03:00September 7th, 2021|MANUFACTURERS, News|

Airbus delivers first UH-72B Lakota helicopter to the U.S. Army National Guard

Source: Airbus Airbus Helicopters, Inc. has delivered the first UH-72B, the latest variant of its Lakota helicopter, to the U.S. Army National Guard from its production facility in Columbus, Mississippi. This delivery is the first of 18 UH-72B Lakota helicopters currently on order to support the National Guard’s critical missions. “With the addition of the UH-72B Lakota to our fleet, the U.S. Army increases our capability to save lives, protect communities, and provide disaster relief when it’s needed most,” said  Col. Calvin Lane, U.S. Army Project Manager for Utility Helicopters. “The Lakota helicopter has been a staple of the Army for more than 15 years now, and we look forward to benefitting from the latest technologies and performances that the newest [...]

2021-09-07T18:53:15+03:00September 7th, 2021|MANUFACTURERS, News|

Boeing Names Matt Welch as Investor Relations Leader

Source: Boeing Boeing today named Matt Welch as vice president of Investor Relations. Welch will succeed Maurita Sutedja, who has accepted an opportunity outside of Boeing following more than a decade of leadership within several finance roles at Boeing. Welch's appointment is effective immediately. Welch will lead Boeing's interactions with the investment community, providing shareholders and financial analysts timely, accurate and transparent information on the company's market environment, business, performance and outlook. Welch is a seasoned leader with more than 20 years of deep financial experience across Boeing's operations. Currently serving as vice president of Revenue Management at Boeing Commercial Airplanes, Welch has held several roles of increasing responsibility, including in Investor Relations; Financial Planning and Analysis; and program finance. [...]

2021-09-07T17:38:36+03:00September 7th, 2021|MANUFACTURERS, News|

Airbus highlights space, defence and helicopters at DSEI

Source: Airbus Airbus will showcase its leading range of products and services in the defence, space, secure communications and helicopter segments at the DSEI exhibition at Excel, London 14-17 September. The Airbus stand H6-122 will feature models of the A400M new generation airlifter and Skynet 6A military communications satellite, plus a large new model of the H175M medium transport helicopter. Visitors can learn more about Airbus Helicopters’ H175M-based proposal to meet the United Kingdom’s New Medium Helicopter (NMH) needs. Airbus’ expertise in secure communications will be a key theme at DSEI including the Skynet military satellite communications capability. Airbus is focusing on the UK MOD’s future milsatcom requirements including leading the consortium for future Skynet services with its partners KBR, [...]

2021-09-07T16:13:18+03:00September 7th, 2021|MANUFACTURERS, News|

Airbus’ new Single-Aisle Airspace cabin enters into service with Lufthansa Group

Source: Airbus First airline in Europe to feature Airbus’ new Airspace cabin on Single-Aisle aircraft Among routes that this new design might be used are those within the EU like Spain and Portugal Lufthansa has started operations with its first A320 Family aircraft – an A321neo – featuring Airbus’ new Single-Aisle Airspace cabin. In doing so, the airline becomes the first operator in Europe to introduce the new Airspace cabin features for passengers on board A320 Family aircraft. In 2018 Lufthansa Group, a long-time A320 Family customer, chose to equip more than 80 of its new A320 Family aircraft on order from Airbus with Airspace cabins. The new Airspace features include: slimmer sidewall panels for extra personal space at shoulder [...]

2021-09-06T17:21:27+03:00September 6th, 2021|MANUFACTURERS, News|

Aircraft Lessor Griffin Global Asset Management Orders Five Boeing 737-8 Jets

The Los Angeles- and Dublin-based aircraft leasing company places its first direct order with Boeing With the Griffin order, customers have placed 529 gross orders for the 737 MAX family in 2021 Boeing and Griffin Global Asset Management today announced the aircraft lessor is expanding its commercial aircraft portfolio with five new 737-8 jets. The purchase is Griffin's first direct order with Boeing as it sees strategic opportunities to place the airplanes during the market recovery. "As market conditions rebound, we are finding opportunities to serve our airline customers in innovative ways. An important component of this strategy is providing balanced capacity that meets returning passenger demand. The 737-8 is well-positioned to support this objective, and this order lays a [...]

2021-09-02T13:19:12+03:00September 2nd, 2021|MANUFACTURERS, News|

Boeing Elects David L. Joyce to Board of Directors; Admiral Edmund P. Giambastiani Jr. to Retire from Board

Source: Boeing The Boeing Company board of directors announced that David L. Joyce has been elected to the board, effective immediately. He will serve on the Aerospace Safety and Compensation committees. The Boeing board today also announced that Admiral Edmund P. Giambastiani Jr. has informed the company that he will retire from the board at the end of 2021. An accomplished aerospace executive, Joyce, 64, retired from General Electric (GE) as vice chair in 2020, where he also served as president and CEO of GE Aviation from 2008 to 2020.  During his 12-year leadership of GE's largest division, Joyce also led customer and product support for more than 19,000 global engines and 500 airlines customers and oversaw the implementation of [...]

2021-09-01T01:10:37+03:00September 1st, 2021|MANUFACTURERS, News|

Boeing Reaches $1 Billion E-Commerce Parts Milestone as Digital Advancements Speed Pandemic Recovery

Source: Boeing Boeing hit an e-commerce milestone in record time for the company, reaching $1 billion in online orders more than three months faster than ever before. The milestone was driven by e-commerce advancements and increased demand from commercial services customers, indicating the continued market recovery from the impact of COVID-19. “We’re seeing innovation accelerated by necessity across our services business as the aerospace industry emerges from one of the toughest periods we’ve faced,” said Ted Colbert, president and chief executive officer, Boeing Global Services. “The aftermarket supply chain solutions Boeing provides, such as parts support, are an essential service for our customers as they emerge from the pandemic. The digital advancements that we’re driving enable us to be nimble [...]

2021-08-31T15:11:32+03:00August 31st, 2021|MANUFACTURERS, News|