Air Transport Aircraft & Propulsion
May 31, 2007
Embraer relocated its office in China to a newly established Central Business District in downtown Beijing. Since entering the Chinese market in 2000, the company has received orders for 71 ERJ-145s, 50 E-190s and two executive jets.
May 30, 2007
Malaysia Airlines' spectacular turnaround continued in the first quarter with a net profit of MYR133 million ($39.2 million) that represented a reversal from the year-ago period's MYR321 million loss and a significant premium over the MYR50-MRY99 million profit the carrier had forecast.
May 30, 2007
S7 Airlines yesterday announced an order for 15 787s valued at $2.4 billion at list prices, plus 10 purchase rights. Delivery date and engine choice were not announced. The order occurs as the airline, the largest domestic carrier in Russia, works to distance itself from last summer's A310 runway overrun in Irkutsk that claimed 124 lives. It passed the IOSA audit in December and has committed to a fleet revamp that included the delivery of 14 Western aircraft last year as well as yesterday's order.
May 30, 2007
Bombardier Aerospace's operating profit for its fiscal first quarter ended April 30 more than doubled to C$112 million ($103.7 million) from C$55 million in the year-ago period owing to robust aircraft sales. Aerospace's revenue lifted 15% to C$2.3 billion. It received 91 net orders for regional aircraft, nearly a fivefold increase over 19 ordered in the year-ago quarter, comprising 53 regional jets and 38 turboprops. Delta Air Lines' order for 30 CRJ900s led the way, with Horizon Air and Pinnacle Airlines each ordering 15 Q400s to lead turboprop sales.
May 30, 2007
Wizz Air and GECAS announced the sale and leaseback of four V-2500-powered A320s scheduled to be delivered to the LCC next year, doubling the number of aircraft covered by the arrangement between the companies. Aircraft will be leased on 11-year terms. Separately, Wizz announced that its advertised fares now will include all taxes, charges and handling fees.
Mar 18, 2014
Manufacturers of two new entrants in the regional jet market – the Mitsubishi Regional Jet and Sukhoi SuperJet – brought their case for success this week to the ISTAT 2014 Americas conference in San Diego.
Mar 18, 2014
Even with 200 firm orders already in place for the E-Jet E2, Embraer expects a number of additional orders for the next-generation aircraft program to roll in this year, particularly from emerging markets.
Mar 17, 2014
Indonesia-based Lion Group has signed a training services agreement with Airbus that will see the manufacturer develop training programs that help move the groups’ airlines towards EASA regulatory compliance.
Mar 17, 2014
Airbus has joined the forward and aft fuselage sections of its first A320neo, which is scheduled to enter service in the fourth quarter of 2015.
Mar 17, 2014
It is rare for Airbus and Boeing to speak in unison, but during a panel discussion at the ISTAT 2014 Americas conference in San Diego, Airbus SVP-leasing markets Andrew Shankland and Boeing VP-marketing Randy Tinseth both identified improvements in 2014 in world GDP, passenger traffic, cargo traffic and airline profitability as main drivers for a boom market for new aircraft deliveries.
Mar 17, 2014
Bombardier and Embraer continue to widen their sales focus from the traditional North American and European markets to emerging markets round the world. Speaking at the ISTAT 2014 Americas conference in San Diego, Embraer Commercial Aircraft CCO John Slattery said, “We’re adding customers every year. Our stated objective is to have 100 [E-Jet] operators in 50 countries by the fourth quarter of 2017. We would like to see more [E-Jet sales] activity in Southeast Asia. We would like to have a lot more sales in Russia. And there are also opportunities in Latin America and Africa.”
Mar 17, 2014
The ACARS reporting system on the missing Malaysia Airlines Boeing 777 was taken off air prior to the pilots’ last radio contact with Malaysian ATC, Malaysian defense and transport minister Hishammuddin Hussein said.