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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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
More cancellations set to strike Airbus as COVID-19 will disrupt air travel for the long haul
Following the news that SAS Scandinavian Airlines will defer and review its order book with Airbus. Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Scandinavian airlines SAS is only the latest of a growing number of airlines engaging in a slimming down of […]
South Korea pushes local industries with new KDDX announcement, says GlobalData
Following today’s (29 May 2020) news that South Korea announced the basic design bidding for the next Korean Destroyer (KDDX); 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, Korean naval vessel market […]
US Army maintaining delivery schedule of new systems amid COVID-19 would be true feat for the service, says GlobalData
Following yesterday’s (27 May 2020) declaration by Bruce Jette, US Army acquisition head, on the delivery schedule of main acquisition programs amid the COVID-19 disruption; Nicolas Jouan, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the current situation: “At this stage, maintaining the deployment schedule of the […]