Pratt & Whitney has selected UTC Aerospace Systems as the exclusive nacelle provider for the second generation Embraer E-Jet.

Increased new aircraft production, the emergence of aircraft age restrictions in many countries, engine OEM support, and limited financing are major barriers to remarketing used aircraft according to an expert panel speaking at the ISTAT Americas 2013 conference in Orlando.

Current market values of aircraft are expected to return to base values by 2015, AVITAS said Tuesday.

The grounding of the Boeing 787 is lifting demand for Airbus A330s and Boeing 767s, according to Jeffrey Knittel, CIT Aerospace president-transportation finance.

Although the journey began eight years earlier, in April 2004 when All Nippon Airways (ANA) became launch customer for 50 aircraft, the Boeing 787 Dreamliner’s true starting-block moment came on Oct. 26, 2011. When flight NH 7871 took off from Tokyo Narita bound for Hong Kong, the 787’s entry into commercial service began.

AviancaTaca has chosen CFM International LEAP-1A engines to power the 33 Airbus A320neo family aircraft it has on order.

Boeing is getting closer to bringing a next generation 777 to the market, a senior executive said Monday.

Boeing has announced leadership changes to its 777X, 737 MAX and propulsion systems divisions.