Embraer’s firm order backlog has fallen to its lowest level in six years as the world’s third largest planemaker struggles against economic woes in Europe and North America. In a securities filing this week, the Brazilian company said its backlog stood at US$12.9 billion at the end of June, down from $14.7 bn after the
Boeing has announced provisional orders for 95 new 737 MAX-8 airliners from a pair of leasing companies, as the US planemaker’s upgraded narrowbody continued a strong showing at the Farnborough Airshow. The deals, which had been flagged in advance of the show, included commitments for 75 aircraft from GE Capital Aviation Services (GECAS) and 20
Cathay Pacific has provided a timely boost to Airbus’s largest twin-engine jetliner with an order for 10 A350-1000s. In addition, the Hong Kong carrier will convert 16 existing orders for A350-900s to the larger -1000 version. The deal is the first new order for the 350-seat jumbo jet in four years. Airbus last year pushed
Airbus will push ahead with a limited overhaul of its A330 widebody as it seeks to extend the life span of the profitable jetliner against competition from Boeing’s 787 Dreamliner. The plans, revealed overnight at the Farnborough Airshow in the UK, confirm that Airbus has decided against developing a new engine variant of the A330,
Embraer has released a 20 year forecast predicting five per cent annual growth in regional jet deliveries but says it will have to rely on strong demand from the United States to keep its order book strong in the short term. Embraer, the world’s third largest planemaker, predicts 6,795 new aircraft will be delivered over
Arkia Israeli Airlines has signed a purchase agreement for four Airbus A321neo jetliners at the Farnborough Airshow. Airbus said the aircraft would be configured in a single all-economy class arrangement seating 220 passengers. Arkia, Israel’s second largest airline, will use the aircraft to expand routes to European and domestic destinations. Engine selection will be announced