Airbus will demonstrate its latest technological innovations and projects implemented in Russia at the International Aerospace Show which takes place in Zhukovsky from 20, to 25 of July. Key attractions will be the last-generation widebody A350-1000, which will be shown in the country for the first time, and the twin-engine EC145 rotorcraft. The A350-1000 is
Deutsche Lufthansa AG has again successfully issued a bond with a total volume of €1 billion. The bond, with a denomination of €100,000, was placed in two tranches with a term of three and eight years respectively, and a volume of €500 million each: the tranche with a term until 2024 bears interest at 2.0%
Deutsche Aircraft and H2FLY have announced the signing of a memorandum of understanding (MoU) to combine resources and collaborate in researching and developing hydrogen fuel cell technology for regional commercial aircraft. At the heart of the project is a Dornier 328 twin turboprop aircraft that will be converted to become a demonstrator aircraft with its
Israel Aerospace Industries’ (IAI) Aviation Group has agreed to establish a passenger-to-freighter conversion site to convert the Boeing 737-700/800 with Atitech at Atitech’s MRO center in Naples, Italy, following the rise in demand for cargo aircraft of this model. The cargo conversion site in Italy will join two existing cargo conversion sites in China. Atitech
A Philippines Air Force Lockheed C-130 transport aircraft has crashed after a failed landing attempt at Jolo Airport in the province of Sulu, Philippines. Having failed to land successfully at Jolo, the plane failed to gain sufficient height before crashing in nearby Patikul. Early reports indicate that there were 96 passengers on board, all military
After the surprise announcement two months ago of the retirement of its long-time CFO Greg Smith, Boeing has found a replacement, Brian West. West has been the CFO of financial market data provider Refinitiv since 2018 and will take up his new post on August 27, this year. He will be joining Boeing at one
Rolls-Royce and Shell have worked together at times for over a century, and the signing of the latest memorandum of understanding (MOU) which aims to support decarbonization of the aviation industry and make further progress towards net zero carbon emissions. The MoU will expand and accelerate a number of existing areas of cooperation between the
As part of its “United Next” campaign, United Airlines (United) has placed a combine order for 270 Boeing and Airbus jets comprising 50 Boeing 737 MAX 8s, 150 737 Max 10s, and 70 Airbus A321neos. Currently, United has over 500 new jets on order and anticipates delivery of 40 in 2022, 138 in 2023, and
At 11.10 a.m. local time on Sunday, June 27, a Sichuan Airlines jet took off from Chengdu Tianfu International Airport bound for Beijing. This inaugural flight marked the opening of the first phase of a current five-year-long project to build Chengdu’s second international airport, making the city China’s third to operate two international airports. This
Shares in Virgin Galactic jumped nearly 40% on news that Sir Richard Branson’s spaceship company has been given approval for passengers to fly into space on a commercial basis, while putting pressure on ‘space race’ rivals Elon Musk and Jeff Bezos with Space X and Blue Origin, respectively. Shares in Virgin Galactic have all but
