Aircelle (Safran) will produce titanium exhaust systems for the new 777X commercial jetliner, marking the nacelle manufacturer’s first major supplier win with Boeing. These exhaust systems will equip the 777X’s two GE9X turbofan engines from GE Aviation, providing the benefits of lower mass, along with increased resistance to heat with the use of Aircelle processes
It is a remarkable situation Airbus finds itself in with the A380 at the current time. Despite the world’s largest airline, Emirates, being the company’s greatest supporter, the company’s sales for the A380 have faltered. As at the end of November the order book for the aircraft stood at 318 planes ordered (140 by Emirates)
AerCap Holdings N.V. (“AerCap”, NYSE: AER) today announced that it has completed an amendment and upsize of its revolving warehouse facility. The non-recourse facility, which was originally put in place in 2006, has been amended to increase the transaction size from $1.6 billion to $2.2 billion and to allow for an additional three year revolving
Embraer delivered the 1,100th E-Jet production aircraft, yesterday, during a ceremony held in the Aeromexico hangar, at the Benito Juárez International Airport, in Mexico City. The aircraft, an E190 model, is also the 200th aircraft from the E-Jet family flying in Latin America. Aeromexico operates a fleet of 62 Embraer jets through its regional brand,
The Consolidated and Further Continuing Appropriations Act, 2015, introduced in Congress last night, includes important language that paves the way for U.S. Department of Transportation (DOT) approval of Norwegian Air International’s (NAI) foreign air carrier permit application, which has been pending for nearly a year. Congress included significant new language that the Secretary of Transportation
Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) for the extended lease of Gripen from Sweden to the Czech Republic. This agreement provides for the continuing support and upgrade of the Czech aircraft for a further 12 years. The order is valued at approx. SEK 576m. Gripen
Air Canada, the largest domestic and international airline in Canada, is the launch customer for Boeing’s new landing gear exchange programs for 777-300ER (Extended Range) and 777-200LR (Longer Range) airframes. Under the agreement, Air Canada will receive fully overhauled and certified landing gear shipsets for its fleet of 17 777-300ERs and six 777-200LRs during scheduled
The total disappearance of Malaysian Airlines flight MH70 in March saw many people asking how, in this day and age of high technology and the ability to track virtually anything, an airplane of such magnitude could disappear without trace. The clear public discomfort at such an event saw the re-emergence of ideas proposed but postponed
The International Air Transport Association (IATA) announced an outlook for improved industry profitability in its Economic Performance of the Air Transport Industry report. Airlines are expected to post a collective global net profit in 2014 of some US$19.9bn (up from the US$18.0bn projected in June). This looks set to rise to US$25.0bn in 2015. Lower
Airbus forecasts that China will need over 5,300 new passenger aircraft and freighters from 2014 to 2033, with a total market value of US$ 820bn. It represents 17% of the world total demand for over 31,000 new aircraft in the next 20 years. According to Airbus’ 2014-2033 Global Market Forecast, new deliveries of passenger and
