Owing to “the state of insolvency of the company,” Italy’s Piaggio Aerospace has turned to the Italian government with a request to be put into receivership. This comes despite a current firm order for eight P.1HH unmanned aircraft (a variant of the P-180 business aircraft) from the United Arab Emirates with deliveries expected to commence
Caribbean Airlines has chosen to enhance and renew its single-aisle fleet with the 737 MAX 8. The carrier, which has long operated the Next-Generation 737, will take delivery of 12 MAX airplanes in the coming years. The airline commemorated the selection of the MAX during a ceremony featuring national dignitaries, including the Prime Minister of
Boeing has brought together the major fuselage sections to form the first 777X airplane that will take to the skies in 2019. In a major production milestone called ‘final body join,’ Boeing teams connected the airplane’s nose, mid and aft sections in the company’s factory in Everett, Wash. The jet now measures 252 feet long
Airbus has reached an agreement with easyJet that extends the airline’s fleet plans into 2023, exercising purchase rights to firm orders for 17 A320neo. This takes its combined order for the NEO to 147 (including 30 A321neo) and means easyJet has ordered 468 A320 Family aircraft to date. The aircraft are configured with 186 seats
Airbus has announced it has been selected by Eutelsat, one of the world’s leading satellites operators, to build two HOTBIRD new-generation telecommunication satellites to replace current spacecraft and enhance capacity at Eutelsat’s premium broadcasting position at 13° East, improving performances over the European and Middle-Eastern footprint, reinforced by a powerful European Superbeam. The new satellites
After issuing a profits warning, citing fuel costs, weakening demand and currency woes as major contributors, Exeter-based Flybe has put itself up for sale, though a merger with another airline may not be out of the question. In March this year Dublin-based Stobart Air withdrew its bid for the regional carrier after months of negotiations,
Headquartered in Manassas, Virginia, Aurora Flight Sciences (Aurora) has unveiled Odysseus, the company’s solar-powered autonomous aircraft, now the world’s most capable aircraft of its type. Combining advanced solar cells with lightweight materials, Odysseus is an ultra-long endurance, high-altitude platform which can effectively fly indefinitely, powered solely by clean, renewable energy. “Aurora was founded by the
The SIA Group has reported an operating profit of S$426 million in the first half of the 2018/19 financial year, a decline of S$336 million (-44.1%) from last year’s restated profit of S$762 million. Excluding one-off items of S$175 million, however, the drop in operating profit would have been S$161 million (-27.4%). The decline was
As the investigation continues into the full reasons why a Lion Air Boeing 737 MAX crashed on October 29, killing all 189 passengers and crew on board, Indonesian investigators and the FAA have suggested the need for further training. The focus of attention remains on the likelihood that a false data report forced the plane
At the same time as releasing third-quarter 2018 figures, Bombardier, the Canadian plane and train manufacturer, has announced its intention to streamline the business in an attempt to reduce annual expenditure by US$250 million at full run rate through the loss of up to 5,000 jobs by 2021. According to the company, this will be
