Cebu Pacific (CEB), the Philippines’ leading carrier, has signed a binding memorandum of understanding (MOU) with Airbus for the purchase of up to 152 A321neo aircraft for US$24 billion (PHP 1.4 trillion) based on list prices, marking the largest aircraft order in Philippine aviation history. CEB has selected Pratt & Whitney GTF™ engines to power […]
Cebu Pacific and Airbus sign historic MOU for up to 152 aircraft Read More »
Boeing has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock transaction valued at approximately US$4.7 billion, or US$37.25 per share. Including Spirit’s last reported net debt, the total transaction value is approximately US$8.3 billion. Each share of Spirit common stock will be exchanged for a number of shares of
Boeing to acquire Spirit AeroSystems in an all-stock transaction Read More »
Airbus has provided a market update regarding new developments in its space activities and commercial aircraft business, leading the company to revise its 2024 guidance. In the first half of 2024, the Space Systems management team conducted an extensive technical review of all programmes, identifying further commercial and technical challenges. As a result, Airbus has
Airbus updates 2024 guidance amid space and commercial aircraft challenges Read More »
Avincis, a well-established European helicopter operator, has signed a Memorandum of Understanding (MoU) with Airbus to collaborate on the development of advanced air mobility (AAM). This partnership will explore opportunities for operating electric vertical take-off and landing (eVTOL) aircraft throughout Europe. Through the agreement, Avincis and Airbus will focus on defining the concept of operations
Avincis and Airbus partner on advanced air mobility development Read More »
Airbus has unveiled plans to set up a Tech Hub in Japan, aiming to forge new partnerships to propel research, technology and innovation in aerospace. This venture seeks to push the frontiers of aerospace technology, preparing for the next generation of aircraft. Centrally coordinated from Tokyo, the Airbus Tech Hub will concentrate on three principal
Airbus to set up Tech Hub in Japan Read More »
SAS and Apollo are enhancing their strategic partnership by signing a new three-year agreement valued at 4.5 billion SEK (US$420 million). This agreement designates SAS as Apollo’s primary charter operations partner in Scandinavia from the summer of 2025 through the summer of 2027. In the spring of 2021, SAS and Apollo entered into a record-sized
SAS and Apollo sign new agreement worth 4.5 billion SEK Read More »
LCI, an aviation company owned by Libra Group, and Sumitomo Mitsui Finance and Leasing Company (SMFL), have announced an order for up to 21 of the latest-generation helicopters from Airbus. The significant order from LCI and SMFL’s joint venture, SMFL LCI Helicopters (SMFLH), includes 14 firm orders and seven options. The order comprises a mix
LCI and SMFL order up to 21 new Airbus helicopters Read More »
Optimate, a three-year research project by Airbus UpNext, a wholly owned subsidiary of Airbus, has begun testing new technologies to support automatic taxiing and enhance pilot assistance using an innovative electric truck. The project will integrate a wide range of cutting-edge technologies, including advanced automation, computer vision, data fusion and machine learning, to improve aircraft
Optimate demonstrator showcases new pilot assistance technologies Read More »
Saudia Group, represented by Saudia, the national flag carrier of the Kingdom of Saudi Arabia, and flyadeal, the group’s low-cost carrier, has signed a firm order for an additional 105 A320neo-family aircraft. The order comprises 12 A320neo and 93 A321neo aircraft, increasing Saudia Group’s Airbus aircraft order backlog to 144 A320neo-family aircraft. The agreement was
Saudia Group orders 105 additional A320neo-family aircraft Read More »
The Eurodrone programme has successfully completed the Preliminary Design Review (PDR). Led by Airbus Defence and Space as the prime contractor, this significant milestone in the programme was achieved with OCCAR and representatives from the four customer nations (France, Germany, Italy, and Spain), along with the three major sub-contractors (MSCs) – Airbus Defence and Space
Airbus achieves preliminary design review for Eurodrone Read More »
