Reading Time: 2 minutes With next generation engine types the CFM LEAP and the Pratt & Whitney Geared Turbofan having a combined order backlog of nearly 20,000 units, engine lessors are anticipating greater numbers being bought into their portfolios over the next decade. In a six person panel discussing the engine leasing market at Aviation Week Network’s Engine Leasing, […]

Reading Time: < 1 minute Boeing and Primera Air announced an order for eight 737 MAX 9 airplanes, valued at more than $950 million at list prices. The agreement also includes purchase rights for four additional 737 MAX 9s and a lease agreement for eight more airplanes from Air Lease Corporation. The 737 MAX 9 will form the backbone of […]

Reading Time: < 1 minute Bombardier Business Aircraft announced that a third Global 7000 flight test vehicle (FTV3) has successfully completed its maiden flight. FTV3 joins a test program that has been demonstrating excellent system reliability and breaking new ground since it got underway in November 2016. Just five months into testing, the Global 7000 aircraft set a record as […]

Reading Time: 2 minutes Boeing has suspended 737 MAX flights after being informed by CFM International of a potential issue with the aircraft’s LEAP-1B engine, although Boeing says MAX 8 deliveries will begin this month as planned. “CFM has notified us of a potential manufacturing quality escape with low pressure turbine (LPT) discs in LEAP-1B engines delivered to Boeing,” […]

Reading Time: < 1 minute Aviation companies are increasingly exploring automated systems in areas such as parts tracking in the warehouse, but are met with implementation challenges. Satair, the wholly owned Airbus aftermarket logistics subsidiary, is started investing heavily in re-automation throughout its network with new systems introduced at its Ashburn facility last year. Development of systems are ongoing in […]

Reading Time: < 1 minute The Airbus U.S. Manufacturing Facility in Mobile, Alabama, has received the major component assemblies for the first A320 that will be produced in the U.S. The 27 aircraft delivered from the facility thus far have been A321s. This marks another important milestone for the manufacturing facility, which began production in July 2015 and is equipped […]

Reading Time: < 1 minute Embraer delivered today its 1,100th business jet. The milestone aircraft is the industry’s best-selling Phenom 300, and the customer is NetJets, the world’s largest private aviation company, with a portfolio of services that includes fractional ownership, jet cards, aircraft management and charter. “Embraer scored the four-digit mark in business jet deliveries in an impressively short […]

Reading Time: 4 minutes The first flying prototype of the Ikrut MC-21, a Russian twin-engine short-mid-range jet airliner with a capacity of 150-211 passengers, has left the assembly room floor, Russian media reports, citing sources in the aviation industry. Speaking to the RIA Novosti news agency on Thursday, an official from Irkut Corporation confirmed that “the first flying model […]

Reading Time: 2 minutes Pratt & Whitney Canada (P&WC) celebrated the production of its 100,000th engine this month, as a testament to P&WC’s longevity and leadership in the global aerospace market. Today, P&WC has 60,000 in-service engines operated by 12,300 customers in more than 200 countries and territories worldwide. Its engine families span across general aviation, regional turboprops, business […]

Reading Time: 4 minutes The Company’s operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented is for the quarters ended March 31, 2016 (1Q16), December 31, 2016 (4Q16) and March 31, 2017 (1Q17), are derived from the unaudited financial statements, except […]