Air Transport Aircraft & Propulsion
Mar 02, 2007
The French government yesterday pledged €100 million ($132 million) in aid to Airbus that will fund the development of carbon-fiber composite materials, but the announcement was overshadowed by labor unions' angry response to the Power8 restructuring plan unveiled Wednesday.
Mar 01, 2007
IT WILL BE A STEP AHEAD OF THE 787 and a generation ahead of the 777" was the bold claim by then-CEO Christian Streiff when Airbus announced its proposed A350 XWB in July. But aside from a supportive, and highly conditional, commitment from Singapore Airlines for 20 and an order in January from Pegasus Aviation Finance for two, carriers have not rushed to embrace the third iteration of the A350, which received industrial launch last Dec. 1. By then, of course, Streiff had yielded the stage to EADS Co-CEO Louis Gallois.
Mar 01, 2007
The A350 XWB will serve as the paradigm for Airbus's new operational philosophy, with 50% of its production to be outsourced as the company looks to develop a network of risk-sharing development partners as part of the Power8 restructuring plan unveiled yesterday (see story above).
Mar 01, 2007
WestJet yesterday finalized a term sheet with Singapore Aircraft Leasing Enterprise for one 737-700 and one 737-800, both to be delivered in 2009. The Calgary-based LCC plans to operate a fleet of 85 737NGs by the end of 2009 and has said it will operate 92-95 of the type by 2011.
Mar 01, 2007
Adria Airways placed an order for two 86-seat CRJ900s, becoming the aircraft's 12th customer. CEO Tadej Tufek said the CRJ900 will allow for greater capacity than its seven CRJ200s while replacing A320s on routes where "loads are insufficient to support the larger aircraft."
Jan 24, 2018
Bombardier has made a last-ditch attempt to reopen the US investigation into pricing of the CSeries, but may have been misled by reporting on the increased range Embraer is now quoting for the E190-E2.
Jan 24, 2018
Regional turboprop manufacturer ATR is hopeful that worsening relations between the US administration and Iran will not hinder its business relationship with Tehran.
Jan 24, 2018
China Express Airlines has secured approval for an initial public offering (IPO) to expand its fleet, becoming the first regional carrier in China to launch an IPO.
Jan 24, 2018
Bombardier has made a last-ditch attempt to reopen the U.S. investigation into pricing of the C Series, but may have been misled by reporting on the increased range Embraer is now quoting for the E190-E2.
Jan 23, 2018
Boeing’s plan for a new mid-market airplane (NMA) has been met with some hesitation by the aircraft finance and leasing community, as illustrated in comments made by Dublin-based lessor AerCap CEO Aengus Kelly.
Jan 23, 2018
Embraer Commercial Aviation CEO John Slattery issued a stark warning to the aircraft financing world, arguing that favorable conditions mark a lack of much-needed structural change in the industry.
Jan 23, 2018
Embraer Commercial Aviation CEO John Slattery has, for the first time, expressed support for the possible combination with Boeing, which was confirmed by the two companies Dec. 21, 2017.
