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: < 1 minute Southwest Airlines has revised its future firm order delivery schedule with Boeing to support future fleet modernization. The Company exercised 40 737 MAX 8 options which adds 10 additional firm orders in each year 2019 through 2022. Additionally, five 737 MAX 8 firm orders were shifted from 2019 into fourth quarter 2018, and three pre-owned […]
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 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 […]
Reading Time: 2 minutes American Airlines announced a first-of-its-kind program designed to help future aviators receive the training, financing and mentoring opportunities they need to fly for the world’s largest airline. The American Airlines Cadet Academy will provide an opportunity for future pilots to become first officers at one of American’s three wholly owned regional carriers and eventually fly […]
Reading Time: < 1 minute JetBlue Airways has reported its results for the first quarter 2018. JetBlue has reported diluted earnings per share of $0.27. This compares to JetBlue’s first quarter 2017 diluted earnings per share of $0.24 cents. Pre-tax income was US$110m, a decrease of 9.2% from the first quarter of 2017. Pre-tax margin was 6.3%, a 1.3 point […]
Reading Time: 2 minutes Boeing and Ryanair announced they finalized an order for 25 additional high-capacity 737 MAX 8 airplanes. The $3 billion order, at current list prices, was previously listed as unidentified on Boeing’s Orders & Deliveries website. “We are pleased to announce the exercise of 25 Boeing 737 “Gamechanger” options, bringing our firm order to 135 737 […]