AirAsia has signed a firm order for 100 Airbus A321neos, in a bid to cope with slot scarcity in Asia, and at a time when exuberant group CEO Tony Fernandes believes the carrier has weathered a period of uncertainty.
Airbus has forecast that global commercial aviation aftermarket spending will hit $3 trillion over the next 20 years, with the Asia-Pacific region expected to represent the largest market share for maintenance, repair and overhaul (MRO), along with pilot and technician demand.
Qatar Airways is buying a 10% stake in LATAM Airlines, continuing the Gulf carrier’s strategy to acquire minority stakes in large international airlines.
The U.S. House of Representatives has passed an extension of the FAA’s authorization to Sept. 30, 2017, as lawmakers scramble to avoid a lapse in the agency’s authority.
Boeing chairman and CEO Dennis Muilenberg says the company is getting “a lot of customer feedback” on the so-called middle-of-the-market aircraft, but believes the company still has “time to decide.”
Bombardier’s competitors are taking a close look at whether the Quebec provincial government's cash infusion to the Montreal-based company is compliant with World Trade Organization rules.
Boeing has confirmed plans to revamp the slow-selling 737-7, the smallest of its new re-engined MAX family, by adding extra seats. But the airframer is expressing an increasingly cautious attitude to the possible development of a larger variant of the 737-9 to compete directly with the Airbus A321neo.
Embraer is touting the “optimized” design of the E-Jet E2s 80–120-passenger aircraft as a response to arch rival Bombardier, which is celebrating the entry into service of the competing C Series.
25 Years Ago July 12, 1991—The controlled liquidation of Pan American World Airways begins, with Delta Air Lines acquiring a package of Pan Am’s transatlantic assets and 21 Airbus aircraft for $260 million and $60 million of debtor-in-possession financing. United Airlines is negotiating to acquire Pan Am’s Latin American assets.
Bombardier used the first day of the Farnborough air show to announce a string of good news for the C Series, in a bid to shed favorable light on a program that had earlier been known for problems and delays.
The first Trent 1000 TEN, the new engine configuration that will be Rolls-Royce’s future production standard for all Boeing 787 versions, is expected to begin test flights within weeks in Seattle on an early-development aircraft.
As the clock ticks down to the expected first flight of the stretched Airbus A350-1000 in late October, Rolls-Royce has delivered a finalized configuration of the aircraft’s Trent XWB-97 engine for evaluation on the aircraft manufacturer’s A380 flying testbed.
Boeing confirms it is studying a further stretch of the 777X family currently in development, and says such an extension would be relatively easy to accomplish.
China Aircraft Leasing Group (CALC) and aviation investment company Friedmann Pacific Asset Management have signed a preliminary order with Comac for 60 ARJ21-700s.
Boeing confirms it is studying a further stretch of the 777X family currently in development, and says such an extension would be relatively easy to accomplish.
GE Aviation has unveiled one of the first digital customer solutions built on its Predix software platform, an application developed through a collaboration with Flydubai.
Regional airliner manufacturer, ATR is projecting a need for as many as 2,800 regional turboprops as the aircraft are used to open more routes across the globe.
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