News
Emirates sells A380 to Guernsey-based fund and leases it back
13. december. 2010 06:29 | BusinessMiddle Eastern carrier Emirates is to sell one of its Airbus A380s to a Guernsey-based fund, and will lease the aircraft back for a period of 12 years.
Airbus sees demand for 26,000 new aircraft over 20 years
13. december. 2010 06:27 | BusinessAirbus has increased its long-term demand forecast by 3.6% due to a perceived rise in demand for single-aisle aircraft, and remains convinced that over 1,700 A380-sized aircraft will be required over the next 20 years.
Airbus Raises Stakes with Launch of A320neo
11. december. 2010 12:59 | BusinessAirbus’s launch last week of a new engine option for its A320 single-aisle series has for the moment turned the proverbial spotlight directly on rival Boeing and its own line of narrowbodies. Indeed, the competitive implications of re-engining the 737–or not–now appear unequivocal. If Boeing chooses not to follow suit with the 737, by 2016 the new line of A320s, dubbed the A320neo, could hold a double-digit fuel burn advantage over the Boeing product. Granted, the airplane will cost some $6 million more than the standard A320s, but Airbus apparently feels it has received enough positive feedback from potential airline customers to justify the project’s more than €1 billion ($1.3 billion) development cost.
Airlines Continue To Morph Throughout Europe
8. december. 2010 06:26 | BusinessEurope’s large, mid-size and regional carriers are pursuing further structural changes as they look to bolster their finances in a turbulent market.
MEBA: Airbus prepares to deliver first A380 for VIP customer
8. december. 2010 06:24 | BusinessAirbus plans to deliver the first green VIP A380 in the second half of next year. The widebody airliner was ordered three years ago by Prince Al Waleed Bin Talal, who has yet to select a company to complete the aircraft, says Airbus vice-president executive and private aviation Francois Chazelle.
Embraer holding its own despite WikiLeaks gaffe
8. december. 2010 06:22 | BusinessEmbraer remains relatively stable in its business jet production and backlog despite a newly revealed 2009 assessment by chief executive Frederico Curado that backlog was to be depleted by 2011 or 2012, "leaving Embraer with no planes to produce".
Putin: Italy plans to acquire large number of Superjets
7. december. 2010 06:26 | BusinessItalian companies are set to acquire a "large number" of Sukhoi Superjet 100s, according to Russian prime minister Vladimir Putin. Speaking to a conference on strategy for socio-economic development of Russia's far eastern region to 2020 - where Sukhoi manufactures the Superjet, at its Komsomolsk-on-Amur plant - Putin says the attention is "no longer about prototypes but valuable serial production".
Middle East business drives Gozen expansion
7. december. 2010 06:20 | BusinessIn February this year the operations of Gozen Air Services (Stand E240) at Istanbul's Ataturk airport ranked number one in a reader survey of European FBOs, conducted by European Business Air News. At face value, it was a surprise choice given that the Turkish operation was competing against much higher-profile FBOs in Europe.
Airbus outlines expected market impact of A320NEO
7. december. 2010 06:15 | BusinessAirbus's long-awaited re-engined narrowbody programme, the A320 New Engine Option, or NEO, will mean there is "virtually no business case left" for Bombardier's CSeries, according to the European airframer's chief salesman John Leahy.
Airbus Secures 19 Orders In November
4. december. 2010 14:25 | BusinessAirbus added 19 new orders in November and delivered 44 aircraft, including the 400th A330-200.
Air India shelves plans for leasing out 777s
4. december. 2010 14:16 | BusinessAir India has shelved plans to lease out part of its Boeing 777 fleet but could reassess leasing out 777-200LRs once it starts taking delivery of new Boeing 787s.
Bombardier dismisses A320neo threat to CSeries as
2. december. 2010 06:25 | BusinessBombardier is dismissing comments by Airbus chief salesman John Leahy that the launch of the A320neo means there is "virtually no business case left" for the CSeries, describing the move as "no surprise".
Rolls-Royce wins $420 million order from Hawaiian Airlines
2. december. 2010 06:17 | BusinessRolls-Royce, the global power systems company, will provide Trent 700 engines for six Hawaiian Airlines Airbus A330 aircraft, in a contract worth $420 million at list prices. The order includes a TotalCare® long-term services agreement.
Research suggests boost for business operators
1. december. 2010 06:11 | BusinessMarket activity in high-value business sectors such as investment banking is growing again, giving hope to business aviation operators, according to a new report.
Airbus Sees Market for 4,000 A320neos
1. december. 2010 06:08 | Business
GKN wins titanium thrust-links welding contract for Boeing 787, 747-8
1. december. 2010 06:06 | BusinessGKN Aerospace has been awarded a multi-year contract to make lightweight titanium thrust links for the Boeing 747-8 and for both engine variants of the Boeing 787.
Court Approves Japan Airlines Renewal Plan
1. december. 2010 06:04 | BusinessThe court supervising the bankruptcy of Japan Airlines Corp. has approved the carrier’s rehabilitation plan.
Airline Groups See Growth Continue In October
29. november. 2010 06:15 | BusinessAirline industry groups are reporting further strong gains in demand on international routes, with continuing growth dispelling fears that the recovery has run out of steam.
Passenger Demand Strengthens – Freight at a Turning Point?
26. november. 2010 05:21 | BusinessGeneva – The International Air Transport Association announced international traffic results for October showing a 10.1% year-on-year increase in passenger demand and a 14.4% year-on-year increase for international freight.
Thai confirms ThaiTiger ownership structure
22. november. 2010 06:29 | BusinessThai Airways has tweaked the ownership structure of its low-cost joint venture with Tiger Airways by confirming its stake, and giving employees a share in the company.