Air Transport Aircraft & Propulsion
Mar 31, 2010
Bombardier signed an MOU with CDB Leasing of China, a unit of China Development Bank, allowing it offer pre-delivery payment financing, delivery financing and leasing solutions to CSeries, Q400 and CRJ customers. CLC has up to $3.85 billion in capital available, according to Bombardier. "The financial resources of CLC put Bombardier in a stronger competitive position to recommend financing and leasing solutions for potential customers in China and elsewhere," Bombardier Commercial Aircraft President Gary Scott stated.
Mar 31, 2010
Boeing's proposed 787-10 stretch may be back on the radar as the 787 and 747-8 programs are retiring risk, according to a new report from New York-based Bernstein Research. The report, released yesterday, also highlights concerns that the 787 may be falling behind on its flight test hr., although Boeing remains within the margin to enable the first three aircraft to be delivered to ANA by year end.
Mar 30, 2010
BOC Aviation reported a $137 million profit in 2009, up 28% from the $107 million earned the prior year. The lessor's portfolio comprised142 aircraft at year end compared to 92 at the close of 2008. The Bank of China subsidiary owned 118 and managed an additional 24 on behalf of third-party investors. It took delivery of 17 planes last year and acquired 31 on sale/leaseback deals. It has 49 more on order and four on committed sale/leaseback deals through 2012.
Mar 30, 2010
B/E Aerospace said nine unidentified airlines and aircraft lessors have selected its new Pinnacle main cabin seating platform in deals worth more than $250 million combined. Contracts cover economy seating in new 737, A320 and 787 aircraft, with deliveries expected to start before year end. B/E said Pinnacle seats will save 15% in operating costs owing to "greater use of composites, an integrated lightweight comfort suspension system and a new design methodology that reduces parts by more than 25%."
Mar 30, 2010
Boeing completed the ultimate-load wing up-bending test on the 787 static test aircraft over the weekend. "During the testing, loads were applied to the airframe to replicate 150% of the most extreme forces the airplane is ever expected to experience while in service," it said. "The wings were flexed upward by approximately 25 ft. (7.6 m.) during the test. The initial results of the ultimate-load test are positive.
Jan 23, 2020
Deliveries of single-aisle airliners plummeted nearly 24% in 2019, largely due to the grounding of the Boeing 737 MAX, but should bounce back more than 34% in 2020, Teal Group analyst Richard Aboulafia said Jan. 23.
Jan 23, 2020
Adding simulator training to Boeing’s latest projected 737 MAX certification time frame could push Southwest Airlines’ next MAX revenue flights into the 2020 fourth quarter, estimates laid out by the airline’s executives show.
Jan 23, 2020
Israeli startup Eviation’s prototype Alice electric regional aircraft caught fire during ground testing at Prescott Regional Airport, Arizona, on Jan. 22.
Jan 23, 2020
A Lockheed Martin C-130 air tanker has crashed in Australia during a firefighting mission, killing all three crewmembers on board.
Jan 23, 2020
As the one-year mark of the Boeing 737 MAX grounding nears, airlines and lessors have to decide whether they want to make use of an upcoming opportunity to cancel orders for the aircraft.
Jan 23, 2020
With a global offsetting scheme confirmed as the near-term mechanism for capping growth in carbon emissions from international flights, the aviation…
Jan 23, 2020
Boeing’s new recommendation that 737 MAX pilots undergo simulator training before they return to flying the airliner justifies recent moves by major…
Jan 23, 2020
The 100-150 seat aircraft sits in a “tween” market between smaller regional jets and larger narrowbodies. The question is: How big is that market?…