Airbus CEO Fabrice Bregier believes this week’s decision to reduce production of the Airbus A380 bought the company about 2–3 years to find new orders and to continue producing its largest aircraft for a longer overall run.
Two days after announcing it is considering buying a 10% stake in LATAM Airlines Group (Aviation Daily, July 14), Qatar Airways reached agreement with Meridiana’s parent company Alisarda to purchase 49% of the Sardinia-based carrier.
Norwegian Air Shuttle is moving away from its Boeing-only strategy, and will deploy Airbus long-range A321neos when the narrowbody aircraft enters service, most likely in 2019.
AirAsia has moved to distance itself from market speculation that it is considering a joint venture (JV) in China or a dual listing on the Hong Kong Stock Exchange.
Private investment firm AE Industrial Partners in Boca Raton, Florida, has acquired Moeller Aerospace, a manufacturer of precision-machined parts. Terms of the deal were not disclosed.
The U.S. Senate has overwhelming passed an extension of the FAA’s authorization through Sept. 30, 2017, sending the legislation to President Barack Obama for signature into law.
In an effort to overcome different approaches of the company’s shareholders, ATR CEO Patrick de Castelbajac is proposing a sequence of initiatives that includes re-engining the ATR 72, and could ultimately result in a new 100-seater.
To make up for a capacity shortfall caused by delays in the Airbus A350 delivery stream, Qatar Airways is considering an additional order for Boeing 777-300ERs, CEO Akbar Al Baker told Aviation Week.
European low-cost carrier Wizz Air has placed orders and options for up to 432 Pratt & Whitney PW1100G geared turbofans worth US$2.5 billion for its future fleet of Airbus A321neos, representing a significant confidence booster for the U.S. engine maker.
Papua New Guinean airline Air Niugini is planning to launch flights to the Chinese mainland, after the signing of a new aviation agreement between the two countries.
Eight years after launching the Leap engine to succeed the CFM56, CFM is poised for service entry of the first Leap-1A-powered Airbus A320neo, with six operators expected to take the new engine-airframe combination in the first 100 days.
As the Farnborough International Airshow kicked off relatively unimpressively this week in regards to new commercial aircraft orders, aerospace and defense consultants continue to issue reports pointing to potential attrition in the commercial aircraft manufacturing backlog, particularly by Asia-Pacific regional customers.  
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.”
