Already years overdue and billions of dollars over Budget, Bombardier are faced with an uncertain future over its CSeries. For some time Bombardier had been wanting to break into the narrow-body 110 – 130 seat sector of the market that was being monopolized by Airbus, Boeing, Comac and Embraer. In July 2004 it announced plans […]
Future of Bombardier CSeries uncertain after talks with Airbus fail Read More »
Finnair has taken delivery in Toulouse of the first of 19 A350 XWBs on order, thus becoming the first European operator and the third worldwide of the all-new airliner. The aircraft is configured in a premium three-class layout, with 297 seats, comprising 46 Business Class, 43 Economy Comfort and 208 Economy. Finnair will commence commercial
Finnair becomes first European A350 XWB operator Read More »
SAS decreased its scheduled capacity in September by 0.1%. The traffic, however, increased by 0.6%, primarily driven by growth on intercontinental routes. The load factor improved 0.6 points to 77.2% when compared to September 2014.
SAS reports September traffic figures Read More »
Avolon, the international aircraft leasing company, announced the delivery of one Airbus A320-200 aircraft to VietJet Air. This is Avolon’s first aircraft on lease to VietJet Air.
Avolon delivers one Airbus A320-200 aircraft to VietJet Air Read More »
Lightweight metals leader Alcoa has won a contract to supply titanium for Lockheed Martin’s (LMT) F-35 Lightning II aircraft program, also known as the Joint Strike Fighter (JSF). Under the contract, Alcoa becomes the titanium supplier for airframe structures for all three variants of the F-35 over nine years, from 2016 to 2024. At current
Alcoa wins titanium contract with Lockheed Martin for F-35 Joint Strike Fighter Read More »
Steven Ridolfi has been appointed Senior Vice President, Strategic Investments, Mergers and Acquisitions for Chorus Aviation, effective October 1st, 2015. Mr. Ridolfi will be based in Toronto, Ontario. Steven Ridolfi previously served as Senior Vice President of Strategy, Mergers and Acquisitions at Bombardier. Prior to that Mr. Ridolfi was the President of Business Aircraft and
Mesa Airlines announced an agreement with United Airlines to add 15 Embraer 175 aircraft to Mesa’s United Express fleet. Mesa currently operates 30 Embraer aircraft for United Airlines. In addition to the E175s, Mesa operates 20 Bombardier CRJ700 aircraft under the United Express brand. Paul Foley, Executive Vice President and COO, added, “Besides the obvious
Mesa Airlines agrees to expand United Express fleet with 15 new E175 aircraft Read More »
UTC Aerospace Systems welcomed Airbus to its landing gear production facility in Oakville, Ontario, to celebrate two program milestones. As the supplier of the body and wing landing gear for the Airbus A380, the event commemorated the pending delivery of the 200th shipset of gear. It was also an opportunity to recognize the upcoming delivery
UTC Aerospace Systems celebrates 200th A380 landing gear delivery Read More »
GE Capital Aviation Services (GECAS) announced that its Regional Aircraft Group delivered two new leased Bombardier Q400 NextGen turboprop aircraft to low-cost carrier Nok Air under a purchase-and-leaseback transaction. GECAS completed a similar purchase-and-leaseback with the carrier in 2014, also for two factory-new Q400 NextGen aircraft. Formed in 2000, GECAS Regional Aircraft Group leases nearly
GECAS Regional Aircraft Group completes purchase-and-leaseback transaction with Nok Air Read More »
Rolls-Royce plc has successfully priced a U.S. dollar-denominated issue of notes (the “Notes”) raising gross proceeds of approximately US$1,498,740,000. The Notes will be issued by Rolls-Royce plc and guaranteed by Rolls-Royce Holdings plc, pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The transaction consists
Rolls-Royce issues US bonds Read More »
