18 September 2019

Airbus forecasts need for over 39,000 new aircraft in next 20 years

The world’s passenger and freighter aircraft fleet is set to more than double from today’s nearly 23,000 to almost 48,000 aircraft by 2038 with traffic growing at 4.3% annually, also resulting in a need for 550,000 new pilots and 640,000 new technicians. By 2038, of the forecast 47,680 fleet, 39,210 are new aircraft and 8,470 […]

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Virgin Atlantic looks to challenge IAG dominance – eyes up 80 new Heathrow slots

Virgin Atlantic (Virgin) announced Wednesday, September 18, that it wants to add 80 new routes and 84 destinations to its current network once the third London Heathrow runway is completed, a major increase to its current 19 destinations. While the runway is not scheduled for completion until 2026, for Virgin to acquire the necessary additional

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Astronics Corporation announces new US$50 million share repurchase program

Astronics Corporation has released details of the Board of Directors’ approval of their new share repurchase program, authorizing the Company to repurchase in the aggregate up to US$50 million of its outstanding common stock. This follows the completion of the US$50 million share repurchase program approved by the Board in December 2017. This program has

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Boeing begins assembling first KC-46A tanker for Japan

On September 13 the Boeing KC-46 team began assembling Japan’s first next-generation tanker, loading an 82.4-foot (25 meters) -long wing spar in the company’s 767 production facility. Boeing was awarded a Foreign Military Sale contract for one KC-46A aircraft and logistics services in December 2017. The U.S. Air Force exercised an option for Japan’s second

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Virgin Galactic announces major milestone in manufacture of next spaceship

Virgin Galactic released that it has mated the fuselage and cabin of its next spaceship to the completed wing assembly. In addition, the two tail booms have been mated to the spaceship’s rear feather flap assembly. The completion of these two milestones brings assembly of the next SpaceShipTwo, planned to enter service after VSS Unity,

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737 MAX software upgrade to be tested in simulator by new FAA chief

New Federal Aviation Administration (FAA) chief Stephen Dickson is heading to Seattle this week to visit Boeing and fly in a Boeing 737 simulator. The simulator will incorporate Boeing’s latest software‘fix’ which will receive input from both angle-of-attack sensors in the 737 MAX’s MCAS anti-stall system. However, this is not part of any certification process

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