28 February 2019

Rolls-Royce Withdraws From Engine Competition for New Midsize Airplane Platform

Rolls-Royce has decided to withdraw from the current competition to power Boeing’s proposed middle of the market – or New Midsize Airplane (NMA) – platform. The company said that it is unable to commit to the proposed timetable to ensure it has a sufficiently mature product which supports Boeing’s ambition for the aircraft and satisfies […]

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ENOVAL Achieves Its Objectives

For almost five years, 35 partners conducted extensive research work under the EU’s ENOVAL (ENgine mOdule VALidators) technology programme. The result of the concerted efforts is now available: With the newly developed technologies for turbofan engines, it will be possible to significantly cut emissions of carbon dioxide and of noise. “We’ve fully achieved the objectives

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British Airways Picks 777X to Modernize Major Part of Long-Haul Fleet

International Airlines Group, the parent company of British Airways, has committed to purchasing up to 42 777X airplanes, including 18 orders and 24 options. The airline joins a group of leading carriers that have selected the new 777-9, which will debut next month. In ordering the 777-9, British Airways extends a long-running relationship with the

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ATSG Reports Strong Fourth Quarter 2018 Results

Air Transport Services Group has reported consolidated financial results for the quarter and year ended December 31, 2018. Customer revenues were US$280.8 million in 4Q 2018 vs. same-basis US$221.2 million in 4Q 201. GAAP Earnings from Continuing Operations were negative US$5.2 million, vs. US$94.1 million in 4Q 2017. Adjusted Earnings from Continuing Operations (non-GAAP) US$24.1

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