Aerospace, Defense & Security

New deferrals show that Airbus is as exposed as Boeing to air travel crisis

Following news that Iberia has rescheduled orders of A320neo and A350; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “More deferral will be hitting Airbus’ order book after Spanish airline Ibera decided to postpone deliveries of A320neo and A350. It is a blow […]

Boeing and Spirit refuse to take supersonic gamble for post-COVID-19 recovery, says GlobalData

Following the news that Boeing and Spirit Aerosystem were dismantling engineering teams working on the Aerion AS2 supersonic business jet; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the decision; “Boeing and Spirit Aerosystem’s decision to seemingly abandon their Aerion AS2 supersonic business jet program […]

Aerospace, Defense & Security

Taiwan accelerates military modernization amid rising tension with China, says GlobalData

In response to the increasing military tensions from mainland China, Taiwan plans to raise its defense spending to US$12.4bn to modernize the capabilities of its armed forces by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The Taiwanese Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025’, reveals that […]

Aerospace, Defense & Security

Mitsubishi goes ahead with new aircraft as future of air travel remains unclear, says GlobalData

Following the news that Mitsubishi Heavy Industries will focus on certifying the M90 variant of the SpaceJet regional aircraft programs; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Mitsubishi Heavy Industries’ reaffirmed intention to see the MH90 variant of its new SpaceJet family […]

Aerospace, Defense & Security

Bombardier distances itself from commercial aviation with valid reasons, says GlobalData

Following the news that Bombardier is planning to cut 600 jobs at its Belfast facility manufacturing A220 wings; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Bombardier’s decision: “Bombardier’s move to cut up to 2,500 jobs in its aviation business, of which 600 are based […]

Aerospace, Defense & Security

Spirit Aerosystem does not share Boeing’s confidence on the B737 MAX chances of recovery

Following the recent news that Spirit Aerosystem will lay off staff affiliated to the B737 MAX program; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the decision: “The news that Spirit Aerosystem will start laying off around 900 staff working on the B737 MAX program […]

Aerospace, Defense & Security

Another underwhelming month for Boeing worsens the B737 MAX case

Following the release of Boeing’s order and delivery figures for the month of May; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Bad news keeps coming Boeing’s way. Despite its poor order and delivery figures in May – with, without surprise, the worst […]

Aerospace, Defense & Security

NATO-Turkey ties may find new grounds as cooperation deepens, says GlobalData

Following the news regarding Turkey’s participation in Baltic Operations (BALTOPS 2020) exercise; Sourabh Banik, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Turkey’s participation in the BALTOPS 2020 is an interesting development against the backdrop of a thriving connection between Ankara and Moscow, as the BALTOPS exercise intends […]

Aerospace, Defense & Security

With BALTOPS 2020, NATO flexes muscle amid COVID-19 pandemic

Following the start of the 49th iteration of the Baltic Operations (BALTOPS 2020) exercise; Sourabh Banik, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Global Naval Vessels and Surface Combatants Market 2020-2030, the cumulative worldwide market for naval vessels is expected to value US$421.1bn between […]

Aerospace, Defense & Security

France is boosting European-wide network with aerospace aid package

Following today’s (Tuesday 9 June) news that the French Government promised a €15bn rescue package to the aerospace industry; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the decision: “By European standards, France is hyperactive in its aid policy to sustain the aerospace industry. Aerospace […]

Aerospace, Defense & Security

Airbus confronts clients’ disengagement as COVID-19 rages

Following the news that Airbus does not exclude prosecuting clients who default on orders and deliveries; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Airbus’ situation: “The news that Airbus is ready to prosecute clients defaulting on orders, whenever the conditions of the default are […]

Aerospace, Defense & Security

Super Hercules would breathe new life into New Zealand Defence Force operations, says GlobalData

Following the news that the New Zealand confirmed the purchase of five Lockheed Martin C-130J-30 Super Hercules for its air force for NZ$1.521m (US$986m); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The Defence Capability Plan of 2019 had estimated the replacement costs to be […]

Aerospace, Defense & Security

Lasting effects of COVID-19 will force Airbus to take more production cuts and lay-offs

Following the recent news that Airbus will extend production cuts for two years; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Airbus’ situation: “Airbus is planning to extend production cuts of its main commercial platforms by 40% overall for two years. These cuts will further […]

Aerospace, Defense & Security

France will aid its aerospace industry to preserve its export competitive edge

Following the recent news that the French Government is preparing a €1bn crisis fund for aerospace suppliers; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Among all European countries, it is no surprise to find France as one of the most active in […]

Aerospace, Defense & Security

MHI’s completion of CRJ Series purchase from Bombardier to help own aircraft development, says GlobalData

Following the news that MHI RJ Aviation Group launches as Mitsubishi Heavy Industries Ltd (MHI) and closes the acquisition of CRJ Series program from Bombardier Inc; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The move allows MHI to significantly grow in to a serious […]

Aerospace, Defense & Security

Another delivery deferral threatens chances of come back for the B737 MAX

Following today’s (Wednesday 3 June) news that SMBC Aviation Capital is deferring 68 B737 MAX deliveries; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The deferral of 68 B737 MAX from leasing company SMBC Aviation Capital is another blow for Boeing, adding to […]

Aerospace, Defense & Security

Cold spray additive manufacturing will reduce down time for Australia’s submarines, says GlobalData

Following the news that Australian Submarine Company (ASC) has partnered with Australia’s national science agency CSIRO and DMTC Limited to pioneer additive manufacturing for submarines; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Australian Defense Market – Attractiveness, Competitive Landscape […]

Aerospace, Defense & Security

Embraer will need state help to survive COVID-19 crisis

Following the recent news that Embraer is reportedly seeking US$600m in credit line to public and private financers; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “This decision is not a surprise for a company currently struggling with the collapse of air travel […]

Aerospace, Defense & Security

New ICAO guidelines could keep wide-body aircrafts grounded in post-COVID-19 air travel

Following the recent adoption of new guidelines on air transport safety by the International Civil Aviation Organization (ICAO); Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “As a UN agency, the ICAO is expected to play a leading role in the recovery of the air travel […]

Aerospace, Defense & Security

COVID-19 has not changed Australia’s plans with anti-submarine warfare fleet, says GlobalData

Following the interaction with the Department of Defence (Australia) on their Hunter-class anti-submarine warfare (ASW) program on 29 May 2020; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Global Naval Vessels and Surface Combatants Market 2020-2030, Australia’s ASW program consists […]

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