6 September 2017

Boeing raises forecast for new airplane demand in China

Boeing has projected a demand for 7,240 new airplanes in China over the next 20 years valued at nearly US$1.1 trillion. Boeing’s annual China Current Market Outlook (CMO) was released on September 6, in Beijing, with total airplane demand rising 6.3% over last year’s forecast. “China’s continuous economic growth, significant investment in infrastructure, growing middle-class […]

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Long-time Airbus customer United Airlines orders A350-900s

United Airlines has increased the number of A350 XWB aircraft it will bring into its fleet, updating and expanding its previously existing order for 35 A350-1000 to 45 A350-900 widebody aircraft to replace older, less efficient aircraft, supporting future growth at the airline. The A350-900 is the cornerstone member of the A350XWB (Xtra Wide-Body) family,

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United Technologies agrees to buy Rockwell Collins for US$30 billion

United Technologies, the jet-engine maker, has agreed to buy Rockwell Collins, the aircraft parts manufacturer, for US$30 billion, including any debt. It has also been confirmed that the Rockwell Collins and UTC aerospace systems operations will be merged to create a new business unit, Collins Aerospace Systems. The basis of the deal will see Rockwell

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94% of voting shareholders approve China Eastern and Delta investment in Air France-KLM

The Air France-KLM (the Company) Combined Ordinary and Extraordinary Shareholders’ Meeting was held on Monday, September 4, in order to implement part of the strategic transactions presented on July 27, 2017. More than 54.85% of the shareholders were present or represented at the Shareholders’ Meeting, where all proposed resolutions were adopted, together with a new

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