Airbus Group has acquired its own banking license. The company invested in the Salzburg Muenchen Bank, which is part of the Austrian Raiffeisenverband based in Germany.
Embraer got a significant boost to its new E-Jet E2 program Thursday when India’s Air Costa announced an agreement for 50 firm aircraft plus 50 purchase rights.
Aerolíneas Argentinas signed a purchase agreement Thursday for four Airbus A330-200s. The carrier ordered GE Aviation CF6-80E1 engines to power the aircraft.
Lufthansa has taken delivery of its first Airbus A320 with vortex generators, which will reduce the noise produced by aircraft during its final approach by up to two decibels.
Middle East lessor Dubai Aerospace Enterprise (DAE) has ordered 20 ATR 72-600s and taken options on another 20, marking its first step into regional aircraft leasing.
Bangkok Airways has ordered six ATR 72-600s plus two options, worth almost $200 million, and ATR has struck a deal with L-3 Link Simulation & Training to open a simulator center in Bangkok.
CFM International has not changed its testing schedule on the LEAP-1C engine designated to power the C919 even though the Commercial Aircraft Corp. of China (COMAC) has pushed back first flight of the 150-seat aircraft from 2014 to 2015.
Fuel efficiency and the ability to add more ultra-long routes as well as increase frequency on key city pairs were key drivers in Cathay Pacific Airways’ decision to order the Boeing 777X, a Cathay executive said.
Vietnam low-cost carrier (LCC) VietJetAir has selected CFM International CFM56-5B engines to power 14 Airbus A320ceos and seven A321ceos. The agreement, which follows Tuesday’s announcement that the Ho Chi Minh City-based airline finalized a deal for up to 101 Airbus A320 family aircraft, is valued at more than $800 million at list prices.
Aeroflot has taken delivery of its first Airbus A320 aircraft equipped with sharklets, becoming the first airline in Russia to use the new fuel-saving wing tip devices.
Bombardier Aerospace has announced that an unidentified customer has signed a letter of intent (LOI) to purchase up to 12 CRJ900 NextGen regional jets, in a deal valued at approximately $563 million at current list prices.
Airbus A350 XWB flight test aircraft MSN3 has performed a flying display at the Singapore Airshow, the first of two flights it will conduct over the show this week.
Myanma Airways, the flag carrier of Myanmar, is planning to resume international operations after inking a lease deal with GE Capital Aviation Services (GECAS) for six Boeing 737-800s and four Boeing 737 MAX 8s.
Canary Islands regional airline Binter Canarias has placed a firm order for six ATR 72-600s for its fleet renewal valued at just under $150 million at list prices.
Indonesian Aerospace (IAe) is embarking on the development of a 19-seat turboprop, the N219, which could compete with the Viking Twin Otter and China’s Harbin Y-12F.
GE Aviation has described initial test results for the high pressure compressor (HPC) module of the new GE9X engine destined for the Boeing 777X as “very promising.”
Lufthansa, which is accelerating its fleet modernization program, has taken delivery of its 10th Boeing 747-8 Intercontinental, slated to go into service by the end of February.
