iscoverAirbus has ditched its goal of selling 30 A380 superjumbo jets this year as gun shy airlines increasingly opt for smaller and less expensive aircraft. “The big aircraft market has been slowing down,” Airbus sales chief John Leahy told Bloomberg in an interview at the Farnborough Airshow this week. The company’s target of selling 30
Boeing has completed assembly of an American Airlines 737-800 that will be used as a flying test bed for green flight technologies. Known as the ‘2012 ecoDemonstrator’, the aircraft will test out a variety of devices and techniques meant to improve fuel efficiency and reduce noise. Those include adaptive trailing wing edges, a variable area
Dublin-based leasing company Avolon has committed to buy 15 Boeing 737 MAX and 10 737-800 aircraft in a deal valued at $2.3 billion at list prices. The deal also includes reconfirmation rights for an additional five 737 MAXs. The announcement, made overnight at the Farnborough Airshow, continues a strong run for the re-engined narrowbody, with
Airbus has won its first order for its new longer-range A330 widebody with a deal for 10 aircraft with US-based financing company CIT. The deal includes firm orders for five A330s announced previously and a new agreement for five of the longer-range variant. The upgraded A330, announced earlier this week at the Farnborough Airshow, offers
China Aircraft Leasing Company has signed a memorandum of understanding with Airbus for 36 current-generation A320 Family aircraft. The deal, announced overnight at the Farnborough Airshow, includes eight A321s and will build on the Hong Kong leasing company’s current portfolio of five A320s and five A321s. This content is available exclusively to Australian Aviation members.
The aviation industry will face an unprecedented demand for airline pilots and maintenance technicians over the next 20 years as developing economies expand and airlines take delivery of tens of thousands of new commercial aeroplanes, Boeing said in a projection released overnight at the Farnborough Airshow. The US aerospace giant said the aviation sector will
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