14 July 2014

Airbus launches the A330neo

Airbus has launched the A330-800neo and A330-900neo, two new members of its Widebody Family, which will incorporate latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the unbeatable economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost […]

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IAG converts 20 A320neo options into firm orders

International Airlines Group (IAG) has converted 20 of the 100 Airbus 320neo options, it announced in August 2013, into firm orders. These aircraft will be delivered in 2018 and 2019 and will provide both cost savings and environmental benefits. New technology and improved aerodynamics will lower fuel burn and CO2 emissions by 15%, as well

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Bombardier appoints Authorized Training Providers for CSeries training worldwide

Bombardier has appointed Flight Training Alliance (FTA), a newly formed joint venture between CAE and Lufthansa Flight Training (LFT), as its exclusive Authorized Training Provider for CSeries aircraft pilot and cabin crew training worldwide. Bombardier also announced Lufthansa Technical Training (LTT) as its exclusive Authorized Training Provider for maintenance training on the all-new CSeries aircraft

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Petra Airlines of Jordan signs Letter of Intent to acquire up to four Bombardier CSeries airliners

Petra Airlines of Amman, Jordan has signed a Letter Of Intent (LOI) to acquire up to four CS100 and CS300 airliners. Should the LOI be converted to Petra Airlines, based at Amman’s Queen Alia International Airport, began as a charter carrier and became a scheduled airline in 2012. It serves destinations in Europe, the Middle

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Boeing introduces new method for building 777 fuselages

Boeing is in the final phases of testing and production readiness of a new method for building 777 fuselages as part of its ongoing technology investment strategy. Known as the Fuselage Automated Upright Build, or FAUB, this Advanced Manufacturing technology improves workplace safety and increases product quality. This technology has been in development by Boeing

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Embraer and Trans States sign deal for up to 100 E175-E2s

Embraer announced at the 2014 edition of the Farnborough International Airshow, that it has received an order for 50 E175-E2 jets from Trans States Holdings, parent company of Trans States Airlines, Compass Airlines and GoJet Airlines. The agreement also includes options for an additional 50 units, taking the total order potential to 100 aircraft. Deliveries

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Boeing, Okay Airways announce order for 737 MAXs, Next-Generation 737s

Boeing and Okay Airways announced an order for six 737 MAX 8s and four Next-Generation 737-800s, valued at $980m at current list prices. Okay Airways, the first privately owned airline in China, also announced it will convert five 737-800s from a previous order into 737-900ERs (Extended Range). With this conversion announcement, Okay Airways will be

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Avolon to purchase six Boeing 787-9 Dreamliners

Avolon, the international aircraft leasing group, signed a commitment with Boeing to purchase six 787-9 Dreamliners. Avolon also reconfirms its order for five 737 MAX 9 aircraft, bringing Avolon’s total order commitment for 737 MAX aircraft to 20. These commitments bring Avolon’s owned, managed and committed fleet to 207 aircraft. The commitment to purchase six

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CTS Engines hires new CFO

CTS Engines, a leading independent jet engine MRO and portfolio company of Palm Beach Capital Partners, hired Peter J. Iannone as Chief Financial Officer, a key addition to further develop the growing company. Mr. Iannone has held a numerous executive management positions in several industries and comes with a wealth of finance experience, including mergers

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