Boeing has released its 2023 Commercial Market Outlook (CMO), predicting a robust demand for commercial airplanes and services in the next 20 years. With international and domestic air travel rebounding to pre-pandemic levels, Boeing projects a global demand for 42,595 new commercial jets valued at US$8 trillion by 2042. This outlook, presented ahead of the
BOC Aviation has delivered the first of a new group of four Airbus A320neo aircraft on lease to Uzbekistan Airways. BOC Aviation previously leased three A320neos to the airline. The aircraft are all powered by CFM LEAP-1A engines. “We are delighted to deliver the first of another four A320neo aircraft to Uzbekistan Airways and are
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has executed a sale-and-purchase agreement for one Embraer E190 aircraft with South African airline Airlink. The aircraft, previously on lease to BA Cityflyer, was delivered to Airlink in May 2023, coinciding with the airline’s celebration of connecting Southern Africa for
Norway’s Elfly Group has presented its new design of its pure, all-electric commercial seaplane, dubbed NoEmi (for No Emission) in Oslo on June 14, 2023. A 100-strong audience, comprising international industry guests, stakeholders; members of the Innovation Research Group SINTEF, municipalities and media, experienced a full-scale cabin virtual reality (VR) tour of this innovative amphibious
Eve Air Mobility (Eve) and United Airlines (United) have announced plans to bring Urban Air Mobility (UAM) to San Francisco by launching electric commuter flights throughout the Bay Area. The announcement is an important first step as both companies will be working with local and state officials, infrastructure, energy and technology providers to ensure the appropriate
Aircraft investment specialist Stratos has delivered two wide-body aircraft in the past week, continuing a deal-flow involving over ten wide-body aircraft to different buyers and lessees over the past 12 months. Stratos completed the sale of one A330-300, MSN1338, to an affiliate of DHL – the aircraft was originally operated by Thai International and was acquired
State Grid Space Technology (SGST) has successfully completed a flight demonstration at Hefei Shiwan Airport in China, with an Airbus H125 helicopter using sustainable aviation fuel (SAF). This is the first helicopter flight using SAF in China. The Safran ARRIEL 2D-powered H125 flew at a hybrid ratio of 40% of SAF provided by CNAF (China
Avolon, the international aircraft leasing company, has publishes its World Fleet Forecast – Return to Growth – projecting trends in the commercial passenger aviation fleet out to 2042. It forecasts the fleet will almost double by 2042, growing 94% to 46,880 aircraft, underpinned by sustained growth in demand for air travel, building on the rapid recovery
Indian budget carrier Spicejet has announced it is expanding its aircraft fleet with the addition of ten new aircraft. The addition will enable the carrier to better cope with surging post-COVID-19 demand and the peak travel season in India. The new aircraft will include five Boeing 737 MAX aircraft between September and October this year.
Following a successful short-term agreement, KlasJet, a private and corporate jet charter company, and an ACMI service provider, has entered into a year-long contract with FlyEgypt, an Egyptian low-cost and charter airline, for wet-lease services. This partnership involves the leasing of a Boeing aircraft, which will be based at Hurghada International Airport and will operate
