Mobile satellite communications specialist Inmarsat has completed construction of the final four satellite access stations (SAS) for its Global Xpress (GX) fleet.
SMBC Aviation Capital has placed an order for 80 Boeing 737 MAX 8s, valued at more than $8.5 billion at list prices, making this the largest single order for 737 MAXs from a leasing company.
Regional carrier South African Airlink will dispose of its remaining fleet of British Aerospace Jetstream J41 turboprops as it focuses on larger types.
With Monarch Airlines’ late-October booking for 30 Boeing 737 MAX 8s, Boeing added to its lead over rival manufacturer Airbus in the year-to-date commercial aircraft order race; as of Oct. 31, Boeing has 1,127 gross orders on its books, compared to Airbus’ 1,070.
Hong Kong-based lessor China Aircraft Leasing Co. (CALC) has signed a memorandum of understanding (MOU) covering 74 Airbus A320neos, 16 A320ceos and 10 A321ceos.
China lessor Cheung Kong Holdings has announced it will pay a $2.02 billion in four transactions for 60 aircraft in an effort to enter the rapidly growing Asian aircraft leasing market.
Embraer reported a third-quarter net loss of $10.7 million, reversed from a net profit of $52.9 million in the prior-year period, blaming taxes for the deficit.
Airbus logged just one new commercial passenger aircraft order in October—two A320ceo aircraft for Singapore-based BOC Aviation, placed on Oct. 31—which effectively placed BOC among Airbus’ top 10 customers.
Virgin Atlantic’s is expected to place an order for at least seven aircraft within the next five to nine months to replace its London Gatwick-based Boeing 747s.
VietJetAir’s first Airbus A320 has completed its first flight in Toulouse, France, entering the final acceptance phase prior to delivery by the end of 2014.
Rolls-Royce, trying to regain investors’ confidence in the face of its declining revenue performance, has unveiled a cost-reduction plan that will include 2,600 job cuts.
Virgin Galactic’s SpaceShipTwo (SS2) has crashed into the Mojave Desert after experiencing an inflight “anomaly” during the first test of a new hybrid rocket motor at Mojave, California on Oct. 31.