Tag: bizav

Embraer Reaches 2017 Delivery Outlook

Embraer delivered a total of 210 jets in 2017, of which 101 were commercial aircraft and 109 were executive jets (72 light and 37 large). The deliveries were within the outlook ranges for the year of 97 to 102 commercial jets, 70 to 80 light business jets and 35 to 45 large business jets. In […]

AerCap Firms Options on 50 A320neos

Irish-headquartered lessor AerCap has exercised options on 50 Airbus A320neo family aircraft, with deliveries starting from 2022. This latest commitment takes AerCap to a total of 270 A320neo family aircraft, owned and on order. “As the largest lessor of the A320neo family aircraft, we have already placed three quarters of our A320neo family aircraft from […]

Chinese Wanfeng Buys the Majority of Shares in Diamond Aircraft

Chinese automotive and aviation company Wanfeng has bought the majority of shares in Austria’s Diamond Aircraft, the fourth largest general aviation manufacturer in the world. News of the takeover broke just as employees of the Wiener Neustadt factory were breaking up for their Christmas holidays. Diamond also had a subsidiary business in London, Ontario, Canada, […]

Boeing and Embraer in Merger Talks

Boeing and Embraer have confirmed they are undergoing talks towards a possible merger. The confirmation follows a report that the two companies were in discussion by the Wall Street Journal. “There is no guarantee a transaction will result from these discussions. Boeing and Embraer do not intend to make any additional comments regarding these discussions,” […]

Avia Solutions Group Shares 3 Tips For Airport Developers

According to the CIA World Factbook, there are 41,820 airports around the world, but not all are created equal, as every investor knows. As the global economy shifts to the East, it’s little wonder that four of the largest airports by the number of passengers carried are located in Asia: Bejing (PEK), Tokyo (HND), Hong […]

Lufthansa Reveals the First Secrets of Its New Business Class

Lufthansa has revealed one of its best-kept secrets and unveiled the concept for its brand-new Business Class. It will be available on regular routes for the first time in 2020, with the roll-out of the Boeing 777-9. The new seat is the key element of the service and comfort level in the cabin, which have […]

Is The Current Investment Climate in Aviation Favourable for New IPOs?

Being shocked by a number of bankruptcies, for around 7 years the global aviation industry had been subject to diminished enthusiasm from investors. However, since 2016, record-low aviation fuel prices have led to more green on the airlines’ balance sheets, growing cash flows in the market and an increasingly positive outlook on the future of […]

Boeing and flydubai Sign Historic Deal for 225 737 MAX Airplanes

Boeing and flydubai signed a landmark agreement today for 225 737 MAX airplanes with a list price value of $27 billion. The deal represents the largest-ever single-aisle jet order – by number of airplanes and total value – from a Middle East carrier. Signed at the 2017 Dubai Airshow in flydubai’s hometown, the agreement includes […]

Horizon Air to Exit Alaska Market in 1Q18

Horizon Air will close its base at Anchorage Ted Stevens during the first quarter of next year as part of a wider withdrawal from the Alaskan market. Alaska Airlines spokeswoman Bobbie Egan told the Alaska Dispatch that the carrier’s fifty-one Anchorage-based pilots and flight attendants had been offered positions elsewhere in Horizon Air whose operations […]

Airbus Reports Nine-Month 2017 Results

Airbus SE reported nine-month 2017 financial results and confirmed its guidance for the full year. “The strong backlog and a healthy market environment continue to support our commercial aircraft production ramp-up plans,” said Airbus Chief Executive Officer Tom Enders. “We confirm our outlook even though this year’s delivery schedule is extremely back-loaded, largely due to […]