Flydubai inks sale-leaseback deal on four Boeing 737-800s
Low-cost airline flydubai has reached sale and leaseback agreements on four Boeing 737-800 aircraft with aircraft leasing group Avolon, the companies announced Wednesday.
View ArticleOrganizers cancel Mexico outsourcing conference in Seattle
Facing a threat of protests by union aerospace workers, organizers have canceled a conference in Seattle to promote aerospace outsourcing in Mexico.
View ArticleAirbus boosts 20-year airplane forecast
Airlines will need nearly 26,000 new commercial jets, worth $3.2 trillion, over the next 20 years, Airbus predicted Monday in its 2010 Global Market Forecast.
View ArticleAP: Airlines raising fares on domestic routes
Several airlines confirmed to the Associated Press Tuesday that they are raising fares by $20 a round trip on many domestic routes.
View ArticleNew York Times: G.E. to share Boeing 787 tech with Chinese
G.E. plans this week to sign a joint-venture agreement under which it will share it most sophisticated airplane electronics, including some of technology from Boeing's 787 Dreamliner, with state-owned...
View ArticleGE to develop avionics with Chinese firm
General Electric Wednesday announced five agreements with Chinese partners, including a joint venture for aircraft avionics.
View ArticleFAA: Air Traffic to more than double by 2031
Air traffic will more than double in the next two decades, with U.S. airlines reacting 1 billion passengers per year by 2021, the U.S. Federal Aviation Administration forecast Tuesday. This underscores...
View ArticleOil prices will squeeze airline profits, industry group says
Rising oil prices mean airlines worldwide will make less this year than originally expected, the International Air Transport Association said Wednesday. The group downgraded its 2011 forecast by 5.5...
View ArticleCables: U.S. diplomats reveled in EADS infighting (Reuters)
U.S. diplomats avidly collected details on infighting and backstabbing at EADS, according to leaked cables, Reuters reported Tuesday. “Dozens of pages of diplomatic reports reveal how feuding...
View ArticleBoeing exec: ‘This is the year of the 747′ (Bloomberg)
Boeing expects to win more orders this year, by dollar value, than it did in 2010, Bloomberg reported Tuesday. While net orders surged to 530 last year from 142 in 2009, the vast majority were for...
View ArticleAir traffic up worldwide; Beijing challenging Atlanta
Beijing is closing in on Atlanta’s title as the world’s busiest airport, the Airports Council International reported Tuesday. Worldwide traffic rose at a better-than-expected of 6.3 percent, while...
View ArticleAir Lease Corp. launches IPO
Steven Udvar-Hazy’s Air Lease Corp. Monday announced the launch of its initial public offering of 25 million shares of Class A Common Stock. Udvar-Hazy created Air Lease after leaving International...
View ArticleThe world needs pilots and mechanics
The world’s commercial airlines will need 460,000 new pilots and 650,000 new maintenance technicians by 2030, Boeing predicted Wednesday. “Clearly, the sheer size of this vital pipeline is staggering,”...
View ArticleDubai Aerospace Enterprise cancels Airbus orders
The leasing arm of Dubai Aerospace Enterprise has canceled all of its remaining orders with Airbus. The company had 45 jets — 11 A350-900s and 34 A320s — on Airbus’ order book in May, but those orders...
View ArticleDubai Aerospace Enterprise may cancel Boeing orders
Troubled Dubai Aerospace Enterprise is talking with Boeing about whether to cancel outstanding orders, just after canning all of its Airbus orders, Dow Jones reported Friday. DAE has unfilled orders...
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