Airbus has sealed a record $50bn order at the Dubai Air Show, one of the largest commercial plane deals in history, but Boeing has hit back with a $27bn agreement of its own.
With China's aviation market poised to overtake the US as the world's largest by 2022, Boeing has secured an order to supply 300 aircraft to the country.
As the rapid growth of China's aviation market continues apace, fuelled by an expanding middle-class, US manufacturer Boeing has forecast that almost 20 percent of global aircraft demand over the next two decades will be from airlines based in the country.
China Eastern Airlines, the second-largest airline in China by passenger numbers, is preparing to significantly expand its fleet over the next five years.
Qantas has called on Airbus and Boeing to conquer the "last frontier in global aviation" by developing an aircraft that can fly non-stop from Sydney to London.
It has been a passenger favourite since its launch in 1970, but the Boeing 747’s days appear to be ever more numbered as airlines continue to modernise their fleets.
Indian airlines are expected to order 2,100 new planes worth $290bn over the next 20 years as the country’s aviation market growth shows no sign of slowing.
Rising political tensions between the US and Iran threaten to the growing relationships which were promising to bring Iranian aviation into the global community
Airbus launched the A380 a decade ago with high hopes for the rise of the super jumbo, but demand is dwindling. So what now for the future of the ultra-size market?
The carrier is set to take delivery of their first Dreamliner in less than a year, with the aircraft due in October 2017, but the big question remains – where will this aircraft fly?
Within ten years China’s domestic air traffic will become the world’s largest, manufacturers Airbus and Boeing once again reinforced in the latest editions of their Global Market Forecast and Current Market Outlook released at the Farnborough International Airshow this week.
Industry leaders from Boeing, Amadeus Philippines and Digital Jungle will explore how tourism can benefit from Asia Pacific’s growing aviation industry during a high profile event at Routes Asia 2016.
