Category: General Aviation

Embraer to Partner with Uber for Electric VTOL Taxis

Embraer announced an agreement with Uber to explore the concept of an ecosystem—dubbed Uber Elevate Network—that will allow the potential development and deployment of small electric vertical take-off and landing vehicles (VTOLs) for short urban commutes. The announcement was made in Dallas, Texas, in the opening session of the Uber Elevate Summit. This preliminary partnership […]

Honeywell Delivers US$1.71 Earnings Per Share, Up 10%

Honeywell reported a strong start to 2017, with over 2% organic sales growth, 70 basis points of segment margin expansion, and free cash flow of nearly US$800m that was more than six times greater than 2016. The strong operational performance resulted in reported earnings per share of US$1.71. Normalizing for tax, earnings per share was […]

The FBO Market in South America

At a global scale FBOs are all about time and cost efficiency, swiftness and comfort. But while in the US and UK markets the competition within different FBOs is heavily determined by the price of fuel, in South America other separately priced services, including fuel, generate a rather compelling mix of variables before clients can […]

Lufthansa Technik Presents Mercedes-Benz Style VIP Aircraft Cabin

Lufthansa Technik and Mercedes-Benz Style are presenting the final version of their advanced VIP aircraft cabin design for the first time to a broader audience in Asia at the ABACE 2017 in Shanghai. Led by Lufthansa Technik’s VIP & Special Mission Aircraft Services engineering team, the initial design concept has been further developed to fully […]

Budget Support for Russian Aircraft Makers Cut Again

The Russian government has decided to once again cut the budget of the federal program to develop the aviation industry in 2013-2025. A decree signed by Prime Minister Dmitry Medvedev on March 31 reads that the amount of federal budget funding for the program will be reduced by 11.4%. from 714.2 billion rubles ($12.47 billion […]

Families, Sports and Fun Lovers to Drive Private Aviation in 2017

Within growing commercial airlines ticket fees and increased discomfort features about flying first class, the market for private jets has increased firmly. Nowadays, private flights are popular not only stereotypically for business, but also for private tourism, sport or entertainment industries as well. Growing demand can be associated not only with intensified terrorism attacks, but […]

Russian-Chinese Widebody Passenger Airliner Project Officially Launched

A joint venture between Commercial Aircraft Corporation of China, Ltd. (Comac) and Russia’s United Aircraft Corporation (UAC) to develop a long-haul widebody aircraft (provisionally designated Comac C929) has been registered in China, as follows from UAC’s annual report. The establishment of the venture marks the official start of the project. Known as China-Russia Commercial Aircraft […]

Latin America Fleet to More Than Double During the Next 20 Years

From 2016-2035, Latin America will require 2,570 new passenger and freighter aircraft, including 2,030 single-aisle and 540 widebody, worth an estimated US$350 billion. According to the most recent Airbus Global Market Forecast presented by Rafael Alonso, President of Airbus Latin America and Caribbean, at the International Brazil Air Show, Latin America’s passenger and freighter fleet […]

FAA’s Annual Forecast Predicts Sustained and Continued Growth

The FAA released its annual Aerospace Forecast Report Fiscal Years 2017 to 2037 in which it has predicted sustained and continual growth in most aspects, from general aviation private flying to large commercial passenger airlines. It has predicted a 2.4 percent annual growth in RPMs (Revenue Passenger Miles) between 2016 and 2037 for mainline and […]

‘More Comfortable’ Economy Middle Seat to Be Unveiled

Molon Labe has teamed up with BMW’s Designworks and Panasonic Avionics to create an economy-cabin design that would make the middle seat wider and more attractive. A concept model of the novel design will be unveiled at the Aircraft Interiors Expo in Hamburg, April 4-6. The Stagger Seat, or S2, is a variation of Molon […]