Reading Time: 2 minutes Airbus beat Boeing to end the Farnborough Airshow with 279 orders and commitments worth USD$35 billion at list prices, but orders from both plane makers fell compared with the sister show in Paris last year. Airbus, which had been behind Boeing leading up to the show, reported firm new deals for 197 aircraft worth $26.8 […]
Reading Time: < 1 minute JSC Sukhoi Civil Aircraft (SCAC) announces the company’s plans to open its first overseas client liaison office. Beijing office is the first step taken to implement the business strategy focused on the brand’s global marketing and setting up corporate offices in other key markets. Beijing office, scheduled to be opened by the end of 2016, […]
Reading Time: < 1 minute Boeing this week marks reaching 100 years in business, and the company is dueling with archrival Airbus at the Farnborough Air Show to notch orders and claim supremacy. Airbus, not willing to let the occasion go unnoticed, released this video with company employees describing how the two are “fighting for every order”. Then, in several […]
Reading Time: 2 minutes Russian specialist cargo company Volga-Dnepr Group has finalized an agreement for the acquisition of 20 Boeing 747-8 freighters. This underpins the operator’s confidence in the future recovery of the air-cargo market, and provides a much-needed lifeline to Boeing’s beleaguered 747 production line. The carrier, which has already taken four of the aircraft announced in the […]
Reading Time: 2 minutes Boeing projects a demand for 39,620 new airplanes over the next 20 years, an increase of 4.1 percent over last year’s forecast. Boeing released its annual Current Market Outlook (CMO) on the first day of the 2016 Farnborough International Airshow, estimating the total value of those new airplanes at $5.9 trillion. “Despite recent events that […]
Reading Time: < 1 minute New airliner orders are expected to be on the light side for this year’s Farnborough International Airshow but Boeing is still set to be in the money with more than a dozen deals expected to be announced here over the next three days. Five of the new contracts will likely be with Chinese carriers, including Xiamen […]
Reading Time: 2 minutes Boeing and Mahindra Defence Systems formally opened a center in Gurgaon to provide C-17 training services to the Indian Air Force (IAF). Once fully operational, the new center will be capable of conducting local and multi-site simulations for added realism and more robust training. “The center, in partnership with Mahindra Defense, is another example of […]
Reading Time: 2 minutes Boeing and Embraer S.A. unveiled the next phase of the Boeing ecoDemonstrator program today. The program expands Boeing and Embraer’s cooperation agreement and will test technologies to improve airplane environmental performance and accelerate their introduction into the marketplace. An Embraer E170 will serve as the flying testbed and will feature advanced environmental technologies that will […]
Reading Time: 2 minutes Boeing opened a new research laboratory to test hardware and software that will make a new generation of autonomous air, sea and land vehicles work together more effectively as a team or unit. The lab will serve as the company’s leading location for collaborative autonomous technology development with academic institutions and research partners, including government […]
Reading Time: 2 minutes Iran and its airlines are nearing a tentative agreement to buy about 100 Boeing Co. jets following the easing of trade sanctions, according to people briefed on the discussions. The Islamic Republic is expected to buy jets directly from the U.S. plane maker in what would be one of the highest-profile deals between a U.S. […]