Boeing delivered the first 777-300ER (Extended Range) to China Southern Airlines, Asia’s largest airline in fleet size and number of passengers carried. The new airplane is the first of 10 777-300ERs China Southern has on order with Boeing. China Southern plans to operate its first 777-300ER on its new North America route, where it will
Airbus has decided to increase production of its best-selling single-aisle aircraft family to 46 a month in Q2 2016, up from the current rate 42. The new higher production rate will be achieved gradually, with an intermediate step at 44 aircraft per month in Q1 2016. Over the past five years, Airbus has steadily increased
In 2013, Airbus achieved a new industry record of 1,619 gross commercial orders (FY 2012: 914 gross orders) with net orders of 1,503 aircraft (FY 2012: 833 net orders), excluding ATR. Gross orders comprised 1,253 A320 Family aircraft, 77 A330s, 239 A350 XWBs and 50 A380s. Fourth-quarter orders included Emirates Airline’s agreement for 50 A380s
Milestone Aviation Group, a global leader in helicopter leasing, and Sikorsky Aircraft Corporation released that Milestone has increased its S-92 order book by eight units. Milestone is already one of the world’s largest S-92 owners and with this latest announcement, it has increased its firm and option S-92 orders to 37 aircraft valued at more
Avpro announced the closure of several deals during the first day of business at HAI Heli Expo in Anaheim, California. Avpro signed an agreement to purchase a new Airbus Helicopters’ EC145 T2 on behalf of an undisclosed corporate client with delivery scheduled for 2015. In addition, the company signed a remarketing agreement with Kocoglu Group,
In the fourth quarter of 2013, Embraer delivered 32 commercial and 53 executive (38 light and 15 large) jets and ended the year with total deliveries of 90 commercial and 119 executive (90 light and 29 large) aircraft. As a result of aircraft deliveries and growth in the Company’s Defense & Security segment, 4Q13 and
Turbomeca, a Safran company, will bring its entire proximity network to bear in supporting customers of Bell Helicopter’s new five-seat, short light single engine helicopter. In a firstever collaboration between the two corporations, the Bell 505 Jet Ranger X will be powered by Turbomeca’s latest Arrius 2R gas turbine. The Arrius 2R engine delivers performance
Amur Finance Company (AFC) announced the formation of a new subsidiary, Amur Helicopter Financial Services (Amur HFS). Amur HFS will address an unfilled need in the marketplace by offering a complete suite of integrated Fleet Management Solutions to the global rotor-wing market. The newly formed Amur HFS offers a broad range of leasing and financial
After having been selected to develop, manufacture, qualify and certify the integrated air management system for the C919 single-aisle aircraft in 2010, Liebherr-Aerospace recently delivered the first bleed air system to Chinese aircraft manufacturer COMAC. The system, which consists of bleed valves, a pre-cooler, a heat exchanger, high-pressure ducting and corresponding pressure and temperature sensors
Heico Corporation reported that net income increased 38% to $27.5m in the first quarter of fiscal 2014, up from $20.0m in the first quarter of fiscal 2013. Operating income increased 44% to $50.4m, up from $34.9m. The Company’s consolidated operating margin increased to 18.9% in the first quarter of fiscal 2014, up from 16.1% in
