Dubai Aersopace Enterprise (DAE) has slashed a number of orders for new aircraft from Boeing and Airbus as the state owned aviation conglomerate struggles to break through from Dubai’s financial woes. According to an update to Boeing’s orders and deliveries website, DAE appears to have cancelled orders for 10 777-300ERs and 15 787-8s. Similarly it
Embraer has increased its revenue guidance for the remainder of the year as it recorded an increase in net income for the second quarter. The Brazilian airframer recorded net profit for the quarter of US$70.3m (A$77m), an increase of 3.7 per cent although revenue over the same period decreased by 7.5 per cent to US$1.46bn
Airbus has announced that it will increase production of the A320 Family to 40 per month during the first quarter of 2012, while Boeing is poised to follow suit with its 737 range. Airbus says that strong demand for the aircraft family has been behind its decision, with the backlog for A320 Family now at
The Boeing Company has recorded a 21 per cent fall in net profit for the quarter ending June 30 as revenue dropped due to lower aircraft deliveries and lower volumes from its military operations. The company recorded consolidated net income of US$787m (A$880m) for the quarter as revenue fell by nine per cent to US$15.6bn
The Farnborough Airshow once again returned to its glory days this year, with a number of major aircraft orders and commitments announced during the week from lessors and airlines. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of this article, please login. Username or Email
Azerbaijan Airlines has ordered one Boeing 767-300ER and two 767 Freighters. The order replaces a previous order for two 737NGs. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of this article, please login. Username or Email Password Forgot password? Keep me signed in on this