Archive for July 2016

Iran Insists That Boeing, Airbus Deals Will Go Ahead

Iran Airbus

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…

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JetBlue Eyes First Trans-Atlantic Flights With Airbus A321 Order

Jetblue Airbus A321

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…

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Are Electric Airplanes Really Starting to Take Off?

Airbus E-Fan

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…

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As Global Demand Slows, Airlines Defer Widebody Jet Orders

Airbus A350

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…

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Airbus Group’s Award-winning E-Fan Makes U.S. Debut

Airbus E-Fan

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,…

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Forget 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 …

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Newcomers from China, Russia want a piece of aviation market

UAC Comac WideBody

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…

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Boeing, Airbus Air Show Orders Still Shy of 400

Boeing and Airbus jets

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…

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Boeing, Airbus Duel for $12 Billion Order From Revived SpiceJet

SpiceJet 737 MAX8

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…

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Boeing CEO: If we can’t sell to Iran, no US aircraft maker should either

Boeing 787 scale model

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…

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Boeing Raises Outlook For New Aircraft

Boeing Airplanes

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…

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