Category: Civil Aviation

Civil Aviation

Boeing’s vice president of marketing Randy Tinseth has confirmed that the company is unlikely to proceed with the short range 787-3 now that the aircraft has no orders. “Let’s just be blunt. We have no orders for it today, it was an airplane that was designed for the Japanese market,” Tinseth told Flightblogger at the

Airlines

Jetstar has signed an agreement with International Aero Engines which will see V2500 SelectOne engines power a new fleet of 50 Airbus A320 Family aircraft it has on order and 40 options, as well as a support agreement for the engines. Bruce Buchanan, CEO of Jetstar said, “V2500 power is the backbone of our narrowbody

Civil Aviation

Boeing has flagged an increase in development activity on the 777 and 737 with key management changes which will also put an increased focus on program execution following the troubles experienced in the 787 and 747-8 programs. “Our priorities for 2010 and beyond are clear,” said Boeing Commercial Airplanes CEO Jim Albaugh. “We must execute

Civil Aviation

The Boeing Company has recorded net income for 2009 of US$1.3bn (A$1.4bn), a fall of 51 per cent as delays and associated costs of the 787 and 747-8 programs outweighed stronger revenues from its defence businesses. The fall in income came as revenue increased by 12 per cent to a record US$68.3bn (A$76bn), driven primarily

Civil Aviation

The Financial Times is reporting that struggling American International Group may no longer sell off its International Lease Finance Corporation (ILFC) aircraft leasing subsidiary, amid other reports that its influential CEO and founder, Steven Udvar-Hazy is to leave the company. Citing sources close to the situation, the British newspaper claims AIG has realised that it will

Civil Aviation

Boeing has announced that Ethiopian Airlines has ordered 10 737-800s, valued at US$767m (A$851m) based on list prices. Ethiopian currently operates two 737-800s and five -700s, in addition to nine 757s, 10 767s and one MD-11, while it has 777-200LRs and 787s on order. This content is available exclusively to Australian Aviation members. Login Become

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