Reading Time: 2 minutes Engine MROs and leasing companies are seeing growing demand from customers for some of the older engine types in their portfolios as a result of lower fuel prices motivating airlines to fly aircraft for longer. “Having struggled before, airlines are now making a profit so can afford to keep aircraft in-service,” says Denise Mangan-Fahy, SVP, […]
Reading Time: < 1 minute Embraer and American Airlines Inc. signed a firm order for 15 E175 jets with a 76-seat configuration. The contract has a value of USD 705 million, based on current list prices, and will be included in Embraer’s 2018 second-quarter backlog. Deliveries will take place in 2019 between March and November. Combined with the airline’s three […]
Reading Time: < 1 minute Boeing and Uzbekistan Airways, the flag carrier of the Republic of Uzbekistan, announced the finalization of an order for one 787-8 Dreamliner, valued at $239 million at current list prices. Uzbekistan Airways currently operates two Dreamliners on international routes, including Europe, Southeast Asia, Japan and USA. With this order, the carrier will add five more […]
Reading Time: < 1 minute Bombardier Commercial Aircraft announced today that it has concluded a firm order for 10 new Q400 aircraft with Ethiopian Airlines. The order also includes purchase rights for five additional Q400 aircraft. Based on the list price of the Q400 aircraft, the firm order is valued at approximately $332 million U.S. “The Bombardier turboprops continue to […]
Reading Time: 2 minutes Sukhoi Civil Aircraft (SCAC), manufacturer of Sukhoi Superjet 100 regional jet, has signed an agreement for delivery of 40 SSJ100s in special “R” version to Iran at the Eurasia Airshow in Turkey, Vedomosti business daily reported, with two airlines – Iran Aseman and Iran Airtour reportedly ordering 20 aircraft each. Neither the Russian OEM nor […]
Reading Time: < 1 minute By the end of May 2018, Airbus SE is expected to acquire the majority of stake in Bombardier’s CSeries programme, Reuters report depending on the information provided by people familiar with the plan. In case the deal will be closed in May, the companies will go ahead an initial timetable. Airbus agreed to buy a […]
Reading Time: < 1 minute Increase in aircraft deliveries and high demand for lightweight aircraft doors are key factors driving the growth of the aircraft doors market. The aircraft doors market is projected to grow from USD 3.68 billion in 2017 to USD 5.22 billion by 2022, at a CAGR of 7.25% during the forecast period. Factors such as rise […]
Reading Time: < 1 minute Boeing and Gulf Air celebrated the delivery of the first 787 Dreamliner for the national carrier of the Kingdom of Bahrain. The airplane also debuts the carrier’s new livery. “This delivery is a historic moment for Gulf Air and Bahrain and yet another important step in our strategic direction towards furthering Gulf Air’s fleet modernization […]
Reading Time: < 1 minute Russian SSJ-100 and MC-21 planes may be united under common brand, President of the Sukhoi Civil Aircraft Company (SCAC) Alexander Rubtsov told at the Eurasia Airshow-2018. “It’s quite probable that we will make a transition to a single brand. I do not rule out it will be either MC or any other derivative. We will […]
Reading Time: < 1 minute The Boeing Company has reported first-quarter revenue of US$23.4bn reflecting higher commercial deliveries and mix, defense contract volume and services growth. GAAP earnings per share increased to US$4.15 and core earnings per share (non-GAAP) increased to US$3.64 reflecting strong performance across the company. Commercial Airplanes first-quarter revenue was US$13.7bn reflecting higher deliveries and mix. First-quarter […]