All news – Page 1464
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NewsBoeing chief reiterates $50bn annual services revenue target
Boeing remains committed to achieving $50 billion in annual aircraft services revenue by around 2027, part of a broader aim by the company to control more of the commercial aviation ecosystem.
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Marathon Asset raises $360m to buy and lease commercial aircraft
New York investment firm Marathon Asset Management has expanded its aviation investment business by forming a $360 million fund for the purpose of acquiring and leasing commercial aircraft.
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United to seek compensation for 737 Max grounding
United Airlines will seek some form of compensation from Boeing for the impact of the 737 Max grounding, says chief executive Oscar Munoz.
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Blade-wear issues confined to Trent 1000: Rolls-Royce
Rolls-Royce is "confident" that issues with premature blade deterioration on the Trent 1000 are confined to that engine and will not be replicated on any of its other powerplants.
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NewsA320's impeded line-up preceded Edinburgh incursion
UK investigators have disclosed that a departing Airbus A320 had only just become airborne when a Boeing 737-800 touched down on the same runway, after delays to the departure resulted in rapid closure of their spacing.
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IATA pushes for speedier adoption of One ID initiative
IATA will put forward a resolution at its forthcoming AGM in Seoul aimed at accelerating implementation of its One ID biometric identity initiative, which it says is vital to ensuring smooth passenger journeys as the air transport sector continues to expand.
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Ministry tenders for 'Russified' Superjet work
Russia’s government has stepped up efforts to develop a more domestically-focused Sukhoi Superjet 100, through a new research contract.
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Hong Kong studies ways to reduce separation
The Airport Authority of Hong Kong (AAHK) is mulling the implementation of refined wake vortex categories, which could help increase arrival and departure capacity at Hong Kong International Airport.
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Boeing and Sikorsky confirm bids for German CH-53G replacement
Germany’s effort to replace its ageing heavy transport helicopter fleet is gathering pace, with both Boeing and Sikorsky formally confirming their interest in the requirement.
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Boeing offers services and cash to make Max operators whole
Boeing’s compensation to airlines for the 737 Max grounding could include aircraft services, training support, adjusted delivery schedules or simply cash, the company’s chief executive Dennis Muilenburg says on 29 May.
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Middle East demand could boost F-35 sales to 4,600 units: Lockheed
Lockheed Martin believes that worldwide sales of the F-35 Lightning II stealth fighter could reach 4,600 units, a 15 percent increase from its previous projection.
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NewsBoeing chief upbeat as 777X and NMA concept progress
Boeing’s chief executive is looking beyond the 737 Max crisis, saying today’s challenges will leave Boeing with a healthier supply chain and better prepared to capitalise on still-surging demand for new jetliners.
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Mesa closed $91mn refinancing in March quarter
Mesa Air Group closed a $91.2 million term loan to refinance a spare engine facility during the March quarter.
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Mitsubishi Aircraft promises 'several announcements' at Paris
Mitsubishi Aircraft has confirmed it is planning to make "several announcements" at the Paris air show next month.
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VIDEO: Airbus marks 50th anniversary with flypast
Airbus kicked off its 50th anniversary celebrations in style today with a flypast over its Toulouse headquarters.
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Surging depreciation and costs hit AirAsia's first-quarter profit
AirAsia has reported a first-quarter operating profit down 68% at MYR236 million ($56.3 million), after a sharp increase in total expenditure.
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Aeroflot lambasts governor over Superjet accident claims
Russian flag-carrier Aeroflot has sharply criticised comments from the regional governor of Khabarovsk suggesting the fatal accident involving a Sukhoi Superjet 100 was entirely the result of human factors.
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PICTURES: ANA to raise premium seat count on 19 777s and 787s
All Nippon Airways (ANA) will reduce the overall seat count on 19 Boeing 777 and 787 aircraft, by adding more premium class seats and reduce economy class seating.
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KAI lands contract for Thai T-50TH work
Korea Aerospace Industries (KAI) has entered a $52 million contract related to Bangkok’s purchase of T-50TH advanced jet trainers.
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Tokyo's VVIP 747-400s to be parted out
Two Japan Air Self-Defense Force VVIP-roled Boeing 747-400s will be sold and parted out following their replacement by a pair of 777-300ERs.