Archive for July 2016
Iran Insists That Boeing, Airbus Deals Will Go Ahead
The Iran Civil Aviation Organization (ICAO) has insisted that recently announced deals with the world’s two big aircraft manufacturers, Boeing and Airbus, can still go ahead, despite strong opposition to the deals from some US polticians. Reza Jafarzadeh, a senior spokesman for the ICAO, has said that although no formal contracts have been signed all…
Read MoreJetBlue Eyes First Trans-Atlantic Flights With Airbus A321 Order
JetBlue Airways Corp. ordered 30 Airbus Group SE A321 jetliners valued at $3.6 billion as the carrier expands its premium cabin service and considers adding its first trans-Atlantic flights. JetBlue agreed to buy 15 A321s for delivery starting next year, and another 15 A321s with new, more fuel efficient engines starting in 2020. The carrier…
Read MoreHow Airbus Is Beating Boeing to a Middle-of-the-Market Airplane
Among those new order announcements that poured out of the recent Farnborough Airshow was a below-the-radar switch that deserves a closer look. Low-cost carrier Norwegian Air Shuttle changed an order it had placed in 2012 for 100 Airbus A320neo jets by converting 30 of the planes to the A321LR, Airbus’s solution for demand in the…
Read MoreBoeing Wins $4.13 Billion Aircraft Orders From Asian Carriers
Boeing Co. picked up $4.13 billion of orders from Asian carriers, underscoring growing demand in the region even after the aviation industry’s biggest annual show at Farnborough earlier this month racked up the lowest tally in six years. Malaysia Airlines Bhd. bought 25 737 Max 8 planes at a list price of $2.75 billion and…
Read MoreAs Global Demand Slows, Airlines Defer Widebody Jet Orders
American Airlines’s decision to postpone delivery of nearly two dozen of Airbus Group SE’s sleek, fuel-efficient A350 jetliners amplifies concerns that demand is sagging for international air travel and large new aircraft. Wide-body sales have stalled this year as inexpensive fuel and a glut of readily available used jets diminishes airlines’ need to upgrade their…
Read MoreAre Electric Airplanes Really Starting to Take Off?
Shocking, I know. But car makers aren’t the only ones turning to electricity to charge up their industry. NASA, as part of its New Aviation Horizons initiative, is devoting millions over the next 10 years to improving energy efficiency in commercial aviation, including the development of hybrid electric aircraft. Similarly, in the private sector, Siemens and Airbus Group are…
Read MoreForget Boeing and Airbus: Embraer Was the Real Winner at Farnborough
In the aerospace market, Boeing and Airbus get most of the attention — and for good reason. Last year, Boeing’s commercial jet division delivered 762 airplanes, bringing in $66.0 billion of revenue. Airbus wasn’t far behind, with 635 commercial aircraft deliveries, generating €45.9 billion of revenue (equivalent to more than $50 billion). Meanwhile, third-place Embraer …
Read MoreAirbus Group’s Award-winning E-Fan Makes U.S. Debut
Airbus Group’s award-winning E-Fan aircraft will make its U.S. debut as E-Fan 1.2, revealing experimental hybrid propulsion technology this week at the 2016 EAA AirVenture show in Oshkosh, Wisconsin. Airbus Group executives will host two Forum Discussions to share details on the challenges and benefits of hybrid electric/gas propulsion in aviation. With the E-Fan 1.2,…
Read MoreIndia to order 1,850 aircraft in two decades, Boeing predicts
Boeing expects India to order 1,850 new aircraft valued at $265 billion in the next two decades, betting that the boom in air travel will continue in the world’s fastest growing aviation market that recently eased rules for domestic carriers to fly overseas. Air travel in India grew about 19% last year, compared with a…
Read MoreNewcomers from China, Russia want a piece of aviation market
China and Russia are making their presence felt in the multibillion-dollar aviation market. With demand for single-aisle aircraft expected to grow for years to come, particularly from Asia, some experts think the new firms have a real chance at cracking the market, especially if they have the backing of their national governments. But it won’t…
Read MoreBoeing’s MoM market’ with A321LR – Leahy
Airbus’s chief salesman John Leahy has dismissed Boeing’s view that there is a market opening up for an all-new aircraft in the so-called middle-of-the-market (MoM) sector. He argues that the capability of the Airbus A321LR variant of the A320neo family, which is being marketed as a 757 replacement, was endorsed by the deal from Norwegian…
Read MoreBoeing, Airbus Air Show Orders Still Shy of 400
Airbus and Boeing, especially, are clearly using their Farnborough chalets to gauge the interest of airline execs for potential larger variants of their newest aircraft. Just a couple of days ago, Boeing had announced another top deal through this tweet, “Xiamen Airlines signs MOU for up to 30 737 MAX 200 airplanes”. FARNBOROUGH, England-Airbus Group…
Read MoreBoeing, Airbus offer rosy outlooks for aircraft demand
Boeing and Airbus offered upbeat forecasts Monday for the aircraft market over the next 20 years, trying to tamp down worries that a long boom in plane-making could be ending. The world’s top plane makers see demand driven by a growth in travel, especially in Asia, leading to a doubling of the world’s aircraft fleet.…
Read MoreBoeing, Airbus Duel for $12 Billion Order From Revived SpiceJet
Two years ago, SpiceJet Ltd. was fighting for survival as creditors retreated and oil companies refused to refuel its airliners. Today, the world’s biggest planemakers are wooing the recovering Indian budget carrier for a potential blockbuster order worth about $12 billion. Boeing Co. and Airbus Group SE are locked in a battle to supply SpiceJet with…
Read MoreEmirates Closes on A350/787 Decision
Emirates Airline was understood last month to be close to choosing between the AirbusA350-900/-1000 and the Boeing 787-9/-10 after two years’ evaluation. The airline dropped an order for 70 A350s on June 1, 2014. Virgin Atlantic is another carrier thought to be negotiating business that could be announced here at the show. A month ago,…
Read MoreBoeing Raises Outlook For New Aircraft
Boeing Co. expects the aviation sector worldwide to enjoy more growth over the next 20 years despite investors’ short-term concerns over Brexit, volatile markets, and economic malaise in Europe, China, Brazil and elsewhere. “Despite recent events that have impacted the financial markets, the aviation sector will continue to see long-term growth with the commercial fleet…
Read MoreBoeing CEO: If we can’t sell to Iran, no US aircraft maker should either
Boeing CEO Dennis Muilenburg told CNBC Monday he sees “significant opportunity” in selling aircraft to Iran, but noted that the company must follow the U.S. government’s lead. Speaking at the Farnborough Air Show in London, Muilenburg said Boeing is simply asking for “equal treatment” — if Boeing is denied a license to do business with…
Read MoreBoeing, Airbus Clash Over Runway Safety System
Leaders of Boeing Co. and Airbus Group SE like to say they don’t compete over safety, and that message is likely to reverberate throughout the international air show that begins Monday at a suburban airport near here. But crash experts believe that isn’t the case when it comes to devising ways to prevent one of…
Read MoreAirbus set for Virgin Atlantic order boost at Farnborough
Airbus is set to announce a key order for eight to 10 of its biggest twin-engined model, the A350-1000, from Virgin Atlantic after beating Boeing to a scarce order for big jets as economic and political uncertainties overshadow theFarnborough Airshow. The order, worth some $3 billion at list prices, could perk up Monday’s opening of…
Read MoreAirbus Said Close to $7.5 Billion A320neo Deal From GoAir
Airbus Group SE is in discussions with Go Airlines India Pvt. regarding the purchase of about 70 A320neo planes worth around $7.5 billion at list prices, according to people familiar with the situation. An announcement could come as early as this week at the Farnborough Air Show in England, though talks may extend further into the year,…
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