- Special Reports
- Aircraft of the week
- Airport of the week
- Airline of the week
- Aviator of the week
GE Aviation and its joint venture companies, CFM International and the Engine Alliance, accumulated engine and services orders valued at more than $27 billion (USD) at the 2011 Paris Air Show.
Lockheed Martin Corporation [NYSE: LMT] today announced that its Board of Directors has authorized a third quarter 2011 dividend of $0.75 per share. The dividend is payable on Sept. 23, 2011 to holders of record as of the close of business on Sept. 1, 2011.
Bombardier Aerospace announced today that it wrapped up a very successful week at the Paris Air Show with up to $4.7 billion US in firm orders, options and purchase rights for its technologically advanced CSeries airliner and large cabin Global 7000 and Global 8000 business aircraft.
Bombardier Aerospace announced today that a European customer, who wishes to remain unidentified at this time, has placed a firm order for 10 Bombardier CS100 jetliners. A first-time buyer of Bombardier aircraft, this customer will take advantage of the inherent flexibility and performance that only the all-new CSeries aircraft can provide.
SuperJet International – a joint venture between Alenia Aeronautica (a Finmeccanica Company) and Sukhoi Holding – signed an order today with the Italian Blue Panorama Airlines for the purchase of 12 Sukhoi Superjet 100 (SSJ100) aircraft. Based on the list price, the agreement has an estimated value of USD 370 million. The deliveries of these SSJ100/95B aircraft will start at the end of 2012. The aircraft interiors will be provided by the Italian design group Pininfarina.
AirAsia, the largest low cost airline in the Asia-Pacific region, has placed a firm order with Airbus for 200 A320neo aircraft. The contract, announced at the Paris Air Show today, is the largest order ever placed for the A320 Family and makes AirAsia the biggest airline customer for the Airbus single aisle product line worldwide. AirAsia announced that its A320neo aircraft will be powered by CFM International’s new LEAP-X engines.
US Airways, Inc. a wholly-owned subsidiary of US Airways Group, Inc. (NYSE: LCC), announced today its intention to make an offering, subject to market and other conditions, of Class A and Class B enhanced equipment trust certificates in the aggregate principal amount of approximately $388 million.
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG),and CFM International today announced that leasing company has selected CFM International's advanced LEAP engine to power 40 new Airbus A320neo aircraft scheduled to begin delivery in 2016. The firm engine order is valued at $950 million at list price. ILFC also has options for 20 additional aircraft.
At the Le Bourget International Air Show in Paris today, JetBlue Airways and Airbus announced a memorandum of understanding (MOU) for the airline to purchase 40 A320neo (new engine option) aircraft. The airline has not yet announced its engine selection for the new engine option aircraft.
Boeing (NYSE: BA) and Aeroflot Russian Airlines today announced an order at the Paris Air Show for eight Boeing 777-300ERs (extended range) jetliners.
Boeing (NYSE: BA) and Qatar Airways today announced an order for six Boeing 777-300ERs (Extended Range) airplanes at the international 2011 Paris Air Show. The order is valued at $ 1.7 billion at list prices.
The SAS Group has today placed an order for 30 Airbus A320neo with an option of an additional 11 Airbus A320neo with first delivery from the second half of 2016 and final delivery during 2019.
GE Aviation expects 2011 revenues to surpass the 2010 revenues of $17.6 billion on robust engine deliveries and growing services volume.
Cebu Pacific of the Philippines has signed a Memorandum of Understanding (MOU) with Airbus for the purchase of 30 A321neo aircraft. The carrier has also exercised existing options for seven more standard A320s, increasing to 41 its total firm orders for the Airbus single aisle product line. The aircraft will join an existing fleet of A319s and A320s flying on the carrier's fast growing domestic and regional network.
Boeing (NYSE: BA) forecasts a $4 trillion market for new aircraft over the next 20 years with a significant increase in forecasted deliveries. That's according to the Boeing 2011 Current Market Outlook (CMO) released today in Paris. The company's annual commercial aviation market analysis foresees a market for 33,500 new passenger airplanes and freighters between 2011 and 2030.
General Dynamics (NYSE: GD) announced today that it has entered into a definitive agreement to acquire Fortress Technologies, Inc., a provider of secure wireless networking equipment for the U.S. military and other government customers. The value of the cash transaction, which is expected to be accretive to General Dynamics’ earnings beginning in 2012, has not been disclosed.
Virgin America today reports its financial results for the first quarter of 2011. Against the headwinds of significantly higher fuel prices and the resumption of its rapid growth, Virgin America reported a $29.5 million operating loss with its operating margin remaining steady at (14.7) percent.
Embraer announces the expansion of its EMBRAER 190 Pool Program agreement with Aeromexico Connect by adding Engine Line Replaceable Unit (LRU) component support. With this expansion, the airline’s fleet of aircraft now includes coverage for an additional 47 part numbers, bringing the scope to over 360 components.
Bombardier Aerospace announced today that an airline, which has requested to remain unidentified at this time, has placed a firm order for three CS100 aircraft and options on three more. Deliveries of the aircraft will start in 2014.
Emirates Airline and Dubai Airports today announced the results of a report conducted by leading global research firm, Oxford Economics, which examines Dubai’s aviation sector. The report finds the sector to be consensus-based, highly-competitive and consumer-centric; generating significant economic benefits for Dubai and the countries it connects.