Russia’s state-owned Rostec said it will sell 75% minus one share in Technodinamika holding company, the leading developer and manufacturer of components and systems for the MC-21, including the neutral gas, electrical power, oxygen and fire protection systems, as well as landing gear components.
Boeing continues to experience 737 production issues as cumulative problems with late and incomplete fuselages, a shortage of skilled mechanics, and the late arrival of CFM engines impact deliveries, which are not expected to recover until year-end, the company said.
The European Union (EU) has asked the World Trade Organization (WTO) to confirm that it is complying with WTO rulings on subsidies to Airbus, in the latest step in a 14-year-old dispute between the US and the EU over alleged subsidies to Airbus and Boeing.
Despite Airbus’ new orders and commitments for about 475 commercial aircraft gained at the Farnborough Air Show, the Toulouse-based manufacturer registered just one firm booking—for eight A350-900s—in its July orders and deliveries report released Aug. 6.
Double-digit orders from American Airlines and Delta Air Lines have pushed Bombardier's CRJ backlog to 60 for the first time in nearly two years, as the manufacturer considers a production rate increase next year.
Brazilian manufacturer Embraer posted a second-quarter 2018 consolidated net loss of $124.7 million, a reversal from the company’s $72.1 million net profit showing for 2Q 2017.
Air Austral will wet lease an Airbus A380 from Portuguese wet-lease specialist Hi Fly to replace its second Boeing 787-8, which is being taken out of service for three months from Aug. 24 for Rolls-Royce Trent 1000 engine inspections.
Luxembourg’s national carrier Luxair plans to acquire two Boeing 737-700s in 2019 to expand its route structure and build additional resilience to its network.
Now that Airbus has taken control of the CSeries program, Bombardier Commercial Aircraft (BCA) said it will focus on returning to profitability by reducing the cost structure for its regional airliners, increasing production volume and growing aftermarket revenue, Bombardier CEO Alain Bellemare told analysts on the company’s Aug. 2 second-quarter results call.
Transport Canada has certified Bombardier's 90-seat Q400 configuration, clearing the way for deliveries to launch customer SpiceJet starting later this year, and the manufacturer said more orders are on the way.
More than two years after filing a complaint with the European Commission (EC) about the control that OEMs hold over the support and repair market, IATA has struck an agreement with a major engine supplier that it says will lead to greater competition for MRO work.
Airbus has launched an ab initio pilot training program as the airline industry faces the prospect of a growing deficit of trained flight deck personnel in coming years.