Embraer projects market demand of 1,540 new jets in 70 to 130 seats segment for Europe and the CIS

Embraer forecasts a market demand of 1,540 new aircraft in the 70 to 130-seat jet segment (valued at US$80bn at list price) in Europe and the CIS over the next 20 years. Currently, there are 29 airlines operating Embraer jets in both regions. According to International Air Transport Association (IATA), European carriers’ total traffic increased […]

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Airbus Helicopters launches flight-test campaign of H175 in public services configuration

Airbus Helicopters has kicked-off the flight test campaign of the public services variant of the H175 medium twin-engine helicopter. An initial flight-test campaign was successfully concluded after 12 flights. This included a demonstration carried out last week with customer Hong Kong’s Government Flying Service (GFS), who became launch customer for this new variant in September

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Albania airport operator, TIA, bought by China’s Everbright Group

As part of the China’s economic drive to invest in overseas businesses, the Everbright Group, a state-backed finance firm, has acquired all the shares of Tirana International Airport (TIA) which operates the country’s principal airport, also known as Rinas International Airport. The purchase price has not been disclosed, but it has been known that the

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Spirit Airlines takes delivery of first A320neo in United States

Spirit Airlines, headquartered in Miramar, Florida (U.S.), took delivery of the very first A320neo to be delivered to a U.S. customer. It is the first of 55 A320neo Family aircraft the low-cost carrier has ordered (five leased from AerCap, 50 ordered from Airbus). All of Spirit’s A320neo Family aircraft will be powered by Pratt &

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Boeing and Atlas Air sign agreement for 767 Passenger to Freighter conversions

Boeing and Atlas Air Worldwide Holdings have signed an order to convert nine 767 passenger airplanes into Boeing Converted Freighters (BCF). Four of the orders were previously announced at the Farnborough International Airshow in July, attributed to an unidentified customer. Atlas Air Worldwide, based in Purchase, New York has an all-Boeing fleet.

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AerCap leased, purchased and sold 143 aircraft in third quarter 2016

AerCap has announced its major business transactions during the third quarter 2016. The company signed lease agreements for 96 aircraft, including 10 widebody and 86 narrowbody aircraft. AerCap purchased 7 aircraft, including 1 Airbus A320neo, 3 Airbus A350-900s, 1 Boeing 787-8 and 2 Boeing 787-9s. The company executed sale transactions for 40 aircraft, including 7

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