The immediate repercussions of President Trumps decision to pull out of the nuclear accord with Iran will see export licenses for Boeing and Airbus revoked according to Steve Mnuchin, U.S. Treasury secretary. While based in Toulouse, France, Airbus is directly affected as over ten percent of its planes’ parts are manufactured in the U.S. by
Embraer X, an Embraer organization dedicated to developing disruptive businesses, has unveiled its first electrical Vertical Take-Off and Landing (eVTOL) aircraft concept. The unveiling was made during Uber Elevate 2018, in Los Angeles, California. Embraer X is engaged in several projects, including the development of eVTOL concepts through a cooperation with Uber and other companies
The Supervisory Board of Deutsche Lufthansa AG has approved the order of up to 16 additional aircraft in a meeting on May 7. The list price of the aircraft is approximately €2.1bn. Delivery is scheduled to take place in stages until 2022. The investment plan for the 2018 fiscal year remains unchanged. The order includes
AviaAM Leasing, WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has delivered two Airbus A321-211 to ACMI operator Avion Express. Aircraft were delivered to the client at Kaunas, Lithuania on May 6 and May 7, respectively. Both aircraft are joining Avion Express’s fleet under a 6 year operating lease
Bombardier Commercial Aircraft has signed a firm purchase agreement for six new Q400 aircraft with African Aero Trading on behalf of the consortium forming Air Connection Express, Transportes Aereos S.A, based in Luanda, Republic of Angola. The airline will operate the Q400 domestically to connect smaller communities and increase frequencies as a regional feeder airline
SureFly the personal helicopter EVTOL aircraft designed for safe and easy flight – completely conceived, designed, built and tested in America by Workhorse – has taken flight, completing its first successful, manned, untethered hover outside of Cincinnati, OH. Workhorse is the only company with the necessary FAA experimental certification to test this type of vehicle
Embraer and American Airlines have signed a firm order for 15 E175 jets with a 76-seat configuration. The contract has a value of US$705m, based on current list prices and will be included in Embraer’s 2018 second-quarter backlog. Deliveries will take place in 2019 between March and November. Combined with the airline’s three previous orders
Bombardier Commercial Aircraft has signed a firm order for 15 new CRJ900 regional jets with American Airlines. The purchase agreement also includes options on an additional 15 CRJ900 aircraft. Based on the list price of the CRJ900 aircraft, the firm order is valued at approximately US$71m. American has selected PSA Airlines to operate the 15
Qantas has announced an order for six additional Boeing 787-9s to fly on its international network, bringing its fleet of Dreamliners to 14 by the end of 2020. The arrival of the new aircraft will enable the airline to accelerate retirement of its last six Boeing 747s – an aircraft type that has been in
AviaAM Leasing has released that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has delivered a brand-new Airbus A320-214SL aircraft to the Russian flag carrier Aeroflot – Russian Airlines. Aircraft bearing manufacturer’s serial number MSN 8188 was delivered to the new operator at Airbus
