Reading Time: 2 minutes Airbus Corporate Jets has won another commitment for an ACJ320neo, highlighting the continuing success of its new aircraft family. The latest deal adds to the seven orders already won by the ACJ320neo Family, taking total orders and commitments to eight, comprising six ACJ320neo and two ACJ319 neo aircraft. Capitalising on new-generation engines and Sharklets at […]
Reading Time: < 1 minute Russia’s Sukhoi Civil Aircraft Company (SCAC) plans to draw on some 238.4 billion rubles ($3.7 billion) in funds by additionally raising its share capital, the company said Friday. In September, SCAC shareholders decided to boost the company’s share capital by emitting 1,000-ruble shares. “The price of one common registered uncertificated share of the Sukhoi Civil […]
Reading Time: 3 minutes Boom Technologies expects to start subsonic flight tests of its XB-1 supersonic demonstrator in late 2017. The engineering design was unveiled at the company’s Centennial airport facility in Denver, Colorado, on November 15. Dubbed “Baby Boom,” the delta wing aircraft is a one-third scale demonstrator for a small supersonic airliner which Boom aims to certificate […]
Reading Time: 3 minutes European airport trade association, ACI EUROPE has released its traffic report for September and Q3 2016. This is the only air transport report which includes all types of airline passenger flights to and from Europe: full service, low cost, charter and others. Passenger traffic across the European airport network during the peak summer months – […]
Reading Time: < 1 minute Moscow Sheremetyevo International Airport (SVO), which received approval to develop a Northern Terminal Complex in June, said in an update that total private investments for the project will reach $865 million, ATWonline reported. The main renovation stage, which will be completed by 2018, will increase airport capacity to 55 million passengers per year. By 2026, […]
Reading Time: 2 minutes Chinese civilian airport market is now fully accessible to private capital as the national aviation authority issues a sweeping rights-granting guideline Sunday. The Civil Aviation Administration of China (CAAC) rolled out the red carpet for private capital in all civilian airport projects that are planned in the country’s outline for airport development or special regional […]
Reading Time: 3 minutes The Boeing Company reported third-quarter GAAP earnings per share of $3.60 and core earnings per share (non-GAAP)* of $3.51 reflecting overall solid execution on production programs and services, favorable tax items ($0.98 per share), and timing of aircraft deliveries. Revenue guidance has been increased $500 million to between $93.5 and $95.5 billion on higher commercial […]
Reading Time: 2 minutes Wizz Air, the largest low-cost airline in Central and Eastern Europe announced that it will base a seventh aircraft at its Warsaw base. From June 2017 the airline will start operating seven new services connecting Warsaw with four Central and Eastern European capitals, Bratislava, Bucharest, Kiev and Vilnius and three popular leisure destinations, Lyon and […]
Reading Time: 4 minutes In a major boost for the UK economy the government announced (25 October 2016) its support for a new runway at Heathrow – the first full length runway in the south-east since the second world war. The scheme will now be taken forward in the form of a draft ‘National policy statement’ (NPS) for consultation. […]
Reading Time: 2 minutes Gulfstream Aerospace Corp. announced it will end production of the Gulfstream G450, one of the company’s most iconic and dependable aircraft, as it prepares to launch a new era of business aviation with the all-new G500. Gulfstream is scheduled to deliver the final G450 to a customer in early 2018. The G450 built on the […]