Reading Time: 2 minutes After campaigning to reduce wasteful government spending, US President-elect Donald Trump announced that he is poised to modify the F-35 Joint Strike Fighter program, on the same day that Israel was supposed to receive its first two F-35 fighters. The markets quickly responded to Trump’s post-midnight tweet, causing Lockheed Martin’s shares to tumble during morning […]
Reading Time: < 1 minute Boeing has informed employees that the 777 production rate will be reduced from seven per month to five per month in August 2017, meaning the program’s production rate will be cut twice in 2017. The manufacturer had previously decided to lower 777 production from the current rate of 8.3 aircraft per month to seven monthly […]
Reading Time: 2 minutes Boeing and Iran Air announced an agreement for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices. Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within the terms of the U.S. Government license issued to Boeing […]
Reading Time: 4 minutes More than a month has already passed since the military aviation community has started speaking about the latest Chinese development – fifth-generation fighter jet Chengdu J-20. Obviously, the government of China strives to take up a better position among the countries that are capable of producing fight jets of such type. Therefore, the Chengdu J-20 […]
Reading Time: 2 minutes The U.S. Department of Transportation (DOT) announced its proposal to require airlines and ticket agents to disclose in advance to consumers if the carrier operating their flight allows passengers to make voice calls using mobile wireless devices. Currently, the Federal Communications Commission’s rules prohibit the use of mobile devices on certain radio frequencies onboard aircraft, […]
Reading Time: 2 minutes The Government of Canada announced that it had selected the Airbus C295W for its Fixed-Wing Search and Rescue Program. As part of the FWSAR program, the Royal Canadian Air Force (RCAF) will purchase 16 C295Ws modified for Search and Rescue (SAR). The contract will also include in service support, provided through a joint venture between […]
Reading Time: < 1 minute Boeing teammates in North Charleston, S.C., started final assembly of the first 787-10 Dreamliner, marking yet another on-time milestone for the development program. The first 787-10 will cycle through Boeing South Carolina’s Final Assembly facility as all major sections are joined, interior and exterior components completed, power turned on and production tests begin. “As we […]
Reading Time: < 1 minute The F/A-18 Hornet was stationed at the Iwakuni base in the Yamaguchi prefecture and is understood to have gone down at 6pm local time yesterday off the southern Kochi Prefecture. Initial reports from the Japanese Defence Ministry said the lone pilot and ejected from the fighter jet and survived the crash. According to the Kochi […]
Reading Time: 6 minutes The International Air Transport Association (IATA) announced that it expects the global airline industry to make a net profit in 2017 of $29.8 billion. On forecast total revenues of $736 billion, that represents a 4.1% net profit margin. This will be the third consecutive year (and the third year in the industry’s history) in which […]
Reading Time: < 1 minute Air Canada plans to expand its US transborder network when it starts its spring schedule in May 2017, adding three new destinations. All of the new services will be operated by Air Canada Express regional aircraft. San Antonio, Memphis and Savannah, Georgia will be new Air Canada destinations served from Toronto nonstop. San Antonio and […]