Archive for April 2017

Iran Air Confirms Cancellation of Early Boeing Delivery

Iran Air Tail

Iran Air has confirmed the cancellation of the earlier-than-expected delivery of a Boeing 777-300ER as part of a $17 billion order from the American planemaker. The cancellation came after deputy minister of roads and urban development, Asghar Fakhrieh-Kashan, announced this month that Boeing had offered the jet to Iran Air after Turkish Airlines canceled its…

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Asia’s a growth market for Airbus

Airbus A350 XWB

With its high population density, burgeoning passenger demand and fast-growing aviation sector, Asia-Pacific is outpacing other world regions to become a key growth engine for aircraft manufacturer Airbus. There is demand for 13,460 aircraft worth US$2.2 trillion in the next 20 years for Asia-Pacific, making up more than 40 per cent of global demand for…

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World will need 39,620 new aircraft over next 20 years, Boeing says

Boeing Airplanes

Boeing Commercial Airplanes has predicted that the global aviation industry will grow quickly, with demand for new aircraft over the next 20 years reaching 39,620 units and with Asia the fastest-growing market. The US-based company says its extensive product portfolio remains Boeing’s key competitive advantage. Randy Tinseth, Boeing Commercial Airplanes vice president for marketing, said…

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China’s first big jetliner clears final hurdle before flying – C919

Hainan Airlines Comac C919 V2

China’s first big jetliner just passed a crucial test that will take the country a step closer to becoming one of the world’s elite large airline makers. The C919 airliner, which is produced by the Commercial Aircraft Corporation of China, or Comac, finished its final ground trial on Sunday in Shanghai. Test pilots sped the…

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Should Boeing Worry Now That Airbus Has Delivered First A321neo to Virgin America?

Virgin America A321neo

European aircraft maker Airbus on Thursday delivered the first A321neo off the company’s assembly line to long-time customer Virgin America, which is now part of Alaska Air Group Inc. (NYSE: ALK). Virgin America has been a long-time customer of Airbus and before Thursday’s delivery flew 63 of the company’s A319s and A320s. Each A321neo is…

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Virgin America Takes Delivery of First LEAP-1A-Powered A321neo

Virgin America A321neo

Virgin America took delivery of their first Airbus A321neo aircraft, becoming the initial operator for the Airbus narrow-body airplane.  The New Engine Option (NEO) aircraft is powered by CFM International’s LEAP-1A power plants, which reduce fuel consumption and CO2 emissions by approximately 15 percent. The engines also provide a 50 percent cut in overall NOx…

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Boeing’s Export-Import Bank subsidies targeted in battle over House tax plan

Boeing logo

Opponents of the House Republican plan to adjust corporate taxes at the border are targeting a familiar conservative target in the industry lobbying battle: The financing Boeing receives from the Export-Import Bank. Americans for Affordable Products, a coalition of retailers and other importers created to fight the House GOP’s proposed import tax, on Tuesday promoted…

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A bad year for Airbus

Engine issues won’t affect delivery schedule of A320neo: Airbus CEO Tom Enders

By any measure, 2017 has not been a good year for the European aircraft manufacturer Airbus. In its annual report, the company has stated it is under investigation in the United Kingdom, Germany, Romania, Greece, and Australia over allegations of bribery and corruption. It would not be surprising if the U.S. government is soon on…

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Embraer: Chinese Bizav To Benefit From Airport Projects

Embraer Flies the E195-E2, the Most Efficient New-Generation Jet in the World, Ahead of Schedule

Chinese airport construction will relieve infrastructure constraints that are holding back the development of business aviation in the country, Embraer said. Most important will be construction of additional commercial airports, not the remarkable total of 500 general-aviation fields that China also wants to build, said Guan Dongyuan, president of Embraer China. Business aircraft users are…

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Aircraft makers fly high in China

China Eastern Boeing 737

Rapid growth of China’s business aviation market has attracted aircraft makers to increase their service offerings tailored for the country, where more than 600 business jets, worth $18 billion, are being operated. “China has become the second-largest business jet market, and it also enjoys the fastest growth in the world,” Liao Xuefeng, chairman and CEO…

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Iran hopes Turkish Airlines losses mean earlier delivery of Boeing plane

Iran Air Photo

Iran may soon be receiving the first Western-built jet airplane since 1979, Iranian state media has reported after claims by industry sources of Turkish Airlines being cash-strapped. “[T]wo 777 Boeing passenger planes will be delivered to the national flag carrier Iran Air,” IRNA reported on Sunday, citing an unnamed “informed” source. The initial report by…

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