Lufthansa Aerial Services (LAS) has signed an agreement with Chinese drone manufacturer DJI to develop commercial applications for unmanned aerial vehicle (UAV), or drone technology, for key customers.
Pratt & Whitney’s 2015 operating profit was more than cut in half compared to 2014 as the company took a significant one-time charge and reported a slight revenue decrease, but parent United Technologies Corp. (UTC) reiterated its confidence in Pratt’s geared turbofan (GTF) engine.
Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
Airbus is assembling the main airframe sections of China Airline’s first A350 XWB at the Final Assembly Line (FAL) in Toulouse, France, as a 2016 third-quarter delivery date approaches.
Boeing will further increase the 737 production rate to 57 aircraft per month in 2019, citing robust demand for narrowbodies, but the manufacturer is also cutting 777 production to seven aircraft per month in 2017.
Boeing reported net income of $5.18 billion for the full-year 2015, down 5% from a net profit of $5.45 billion in 2014, as significant one-time charges related to two programs—the KC-46 tanker and the 747-8—hit the bottom line.
Volga-Dnepr Technics Moscow (VDTM), sister company of Russia’s Volga-Dnepr Group, has been awarded a (European Aviation Safety Agency) EASA Part 147 certificate.
Rolls-Royce plans to invest more than £30 million ($42.8 million) to build a new 8,000 sq m plant in northeast England to manufacturer discs for in-service engines.
Saudi Arabian hybrid carrier flynas has detailed its expansion plans for the next few years, which include acquiring 60 single-aisle aircraft, with up to 40 options.
Lufthansa Group will take delivery of 52 new aircraft in 2016, marking the highest number of new aircraft in one year in the company’s history, Lufthansa chairman and CEO Carsten Spohr told ATW on the sidelines of the European Aviation Summit in Amsterdam.
Boeing will reduce the production rate of the 747-8 to 0.5 aircraft per month—or just six per year—starting in September 2016, citing softness in the global air cargo market.
Gulf Air’s plans to order the Bombardier CSeries regional jet may be in doubt, after the airline’s CEO announced plans to meet the Canadian manufacturer in the next few weeks.
For French-Italian turboprop manufacturer ATR (Avions de Transport Régional), consolidated 2015 firm orders, options and estimated order values, organized by customer name.
United Airlines said it has reached an agreement to acquire 40 new Boeing 737-700s, which will be used to replace a portion of the carrier’s domestic capacity now being operated under contract by regional airlines.
The Pratt & Whitney PW1100G-powered Airbus A320neo’s handover to Lufthansa Group marked the public debut of new Pratt president Robert Leduc, who is replacing Paul Adams as Pratt’s top executive just as the geared turbofan (GTF) engine enters service.
