Archive for November 2016
Airbus posts 19 commercial aircraft orders in October
Airbus reported firm orders* for a total of 19 commercial aircraft in October, valued at approximately $2 billion at list prices, from three undisclosed customers. The Toulouse-based manufacturer’s biggest order for the month came Oct. 20 when an undisclosed customer placed a firm order for 10 A320neos, valued at $1.1 billion. Another undisclosed customer ordered…
Read MoreIran reaches lease financing deal for part of Airbus jet order
Iran has reached a deal with a foreign leasing company to finance the first 17 jets it plans to buy from Airbus, breaking a logjam in efforts to import aircraft following the lifting of sanctions, people familiar with the move said. The deal removes a significant hurdle to securing the first tranche of jets, following…
Read MoreLufthansa bids farewell to its Boeing 737 fleet after 48 years
Lufthansa is saying goodbye to its Boeing 737 fleet after 48 years. This marks the end of an era for Lufthansa, spanning almost 50 years. A B737-300, with registration D-ABEC (“Karlsruhe”), flew from Frankfurt to Hamburg this morning on special flight LH9922, where Lufthansa’s B737 fleet is to be officially bid farewell during a joint…
Read MoreChina, Russia join the crowded sky: wide-body planes to cut reliance on Airbus, Boeing
China’s state-run plane manufacturer said it was in talks with Russia to develop and build a widebody commercial jet that can break the duopoly long held by Airbus and Boeing in civilian aircraft. The Commercial Aircraft Corp of China, also called Comac, is in talks with Russia’s United Aircraft Corp to produce a twin-aisle, long-haul…
Read MoreQatar’s Airbus Deal Not Dead as Some 737s Set for New Partner
Qatar Airways said some of the 60 737 Max jetliners it ordered last month from Boeing Co. are destined for another carrier the Gulf operator is buying, and that Airbus Group SE still has time to rescue a $6.4 billion deal for the competing A320neo model. “The 737 is for us to grow our narrow-bodies and at the same…
Read MoreSearching for Boeing 777 Orders: Are There Any Good Prospects?
With the troubled 787 Dreamliner program finally starting to turn a profit, Boeing‘s most pressing challenge now is filling its open delivery slots for the current-generation 777 over the next few years. In the past two years, order activity for the 777 has slowed dramatically. Boeing’s management has admitted that it will be hard for…
Read MoreChina – Challenging the duopoly of Airbus and Boeing, C919 Takes Shape
China has a dream of challenging the duopoly of Airbus Group SE and Boeing Co. in the global market for air planes. That ambition is slowly taking shape in a hangar in Shanghai. The state-owned Commercial Aircraft Corp. of China Ltd., locally known as COMAC, is building the 168-seat, single-aisle aircraft C919, betting the model…
Read MoreBillionaire’s Plan for Supersonic Private Jet Hits Engine Snag
Aerion Corp., backed by Texas billionaire Robert Bass, has hit a snag in the crucial task of selecting an engine maker to build a business jet that exceeds the speed of sound. The dream of producing the first civil aircraft to fly at supersonic velocity since the Concorde was canceled in 2003 gained momentum when…
Read MoreSpiceJet flies to trigger aircraft acquisition war
India’s fourth-largest domestic carrier, SpiceJet is set to trigger a war in the sky as it finalises a Rs 72,000 crore deal for 100 narrow-bodied aircraft with French manufacturer Airbus. The deal will make SpiceJet the first Indian domestic private carrier to have Airbus and Boeing in its fleet. “Right now, we are very focussed…
Read MoreChina’s domestic travel boom brings rush of start-up airlines, jet orders
China’s appetite for planes and pilots is building up, whetted by a slew of new airlines launched in the last three years as local governments, private firms and larger carriers fight for a share of the country’s fast-growing domestic travel market. More than 10 Chinese carriers have begun flying since Beijing’s aviation regulator relaxed a…
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