The world’s passenger fleet will more than double to 48,000 aircraft in 20 years with traffic growing at a resilient 4.4% per year, driving a need for 37,390 new passenger and freighter aircraft according to Airbus’ new Global Market Forecast 2018-2037. Growth drivers include private consumption increasing 2.4 times in emerging economies, higher disposable incomes
With 415 votes for and 119 votes against, the U.K parliament has given the go-ahead for the construction of a third runway at the city’s busiest airport, Heathrow. However, this is just one more step in many phases that will have to be gone through before any construction work. The vote gives the green light
Up until now there has been a great deal of rhetoric over what European companies will do if Britain does not secure a solid and clear Brexit deal when it exits the European Union on March 29 next year. That has now changed with Airbus, the second-largest global plane manufacturer making it clear that there
At the Future of Transportation World Conference in Cologne, Germany, Bell Helicopter, a Textron Inc company, announced a newly formed collaboration with Safran on the development of innovative hybrid electric power system solutions to support Bell’s vertical take-off and landing (VTOL) aircraft concept. Bell Helicopter’s Director of Innovation, Scott Drennan, commented that: “Bell is at
As part of its restructuring, Rolls-Royce has confirmed that 4,600 jobs are to go worldwide, including 3,000 positions based in the UK, the majority being managerial and administrative roles. The company has not ruled out the need for compulsory redundancies. It has also been confirmed that some engineers will also be leaving, predominantly those in
At the British-Irish Airports Expo in London, London Gatwick Airport’s Chief Executive, Stewart Wingate, announced a new five-year Capital Investment Plan (CIP) for Gatwick Airport which will see an investment of £1.1bn over a five-year period, with £266m already earmarked for 2018/2019 alone. Gatwick sees continued growth in the long-haul market, predicting passenger numbers increasing
The Rolls-Royce 1000 Trent engine which powers the Boeing Dreamliner has developed further problems, which has caused concern over safety and which has created potential disruption for carriers including British Airways and Norwegian. Having currently focused its attention on trying to fix durability problems with the ‘Package C’ version of the engine, 166 of its
Airbus has announced from its production facility in Toulouse, France that a new A350-900 destined for Philippine Airlines has taken its first flight as part of the final production process. The aircraft will be ready for delivery within the next few weeks. This is the first of six A350-900s, or XWBs on order – XWB
Thai Airways International (THAI) and Rolls-Royce have signed a cooperation agreement to collaborate and explore how the two companies will work together to expand the Trent CareNetwork, by building on THAI’s existing Maintenance, Repair, and Overhaul (MRO) capabilities. Becoming an Authorized Maintenance Center (AMC) for Rolls-Royce will enable THAI to support its growing fleet of
After ten years in operation, Singapore Airlines chose not to renew its lease on two Airbus A380-800s in 2017. Owners of the two ‘superjumbos’, the Dr. Peters Group, a Dortmund, Germany-based traditional financial and management holding company, have subsequently failed to attract buyers for the jets, having made approaches to several airlines, including, British Airways,
