The purchase announcement was timed with Malaysian Prime Minister Najib Razak’s meeting U.S. President Donald Trump at the White House. On Wednesday Boeing stated it has signed a memorandum of understanding (MOU) with Malaysia Airlines to sell eight widebody 787… Read More ›
Airbus
Airbus to sell 140 planes worth $23 billion to China
Airbus is also discussing the possibility of selling a A380 superjumbo jet to China as part of a separate deal. On Wednesday Airbus stated it has signed an agreement to sell 140 aircrafts to China, in a deal worth nearly… Read More ›
Airbus begin corporate restructuring towards a leaner structure
The restructuring effort is likely to result in increased competition with Boeing as well boosting the efficiency across its global supply chain. Following a recent merger of Airbus’ parents and its dominant plane manufacturing arm, on Monday, the company has… Read More ›
Quality-related issue in its engine part leads to Boeing grounding 30-40 of its 737 MAX aircrafts
The engine issue is only a quality assurance defect. Airbus’ A32neo jet is also powered by the similar LEAP-1A engine and its flying travelers without any reported hitch. On Wednesday, Boeing Co disclosed, it had temporarily halted the test flights… Read More ›
Airbus, Boeing vie for Sydney-London jet contract from Qantas
Analysts say the route will be commercially viable for Qantas as long as the price of crude doesn’t cross $70 a barrel. Airbus and Boeing have now the capability to manufacture aircrafts that can do non-stop commercial flights from Sydney… Read More ›
Singapore Airlines likely to order from Boeing for expanding its fleet of passenger aircrafts
If the order comes through, Boeing will have to up its game and significantly reduce delivery delays which has been plaguing it for a while now. Alternatively, a bigger capacity aircraft should make more economic sense. Bloomberg has reported citing… Read More ›
Boeing bags IranAir deal by giving 50% discount
Following the partial lifting of U.S. led sanctions, Iran presents itself as a huge economic opportunity. While Boeing’s deal has been made possible by outgoing U.S. President Barrack Obama, President-elect Donald Trump is a huge critic of the U.S-Iran nuclear… Read More ›
In a significant first step Airbus to sell 100 aircrafts to Iran
The value of the contract is not expected to exceed $10 billion. In a development that bodes well for Airbus and Iran’s lagging economy, European airplane manufacturer, Airbus, has signed a firm contract to sell 100 jets to Iran’s flagship… Read More ›
Airbus will lease NOT sell 7 aircrafts to Iran
Negating what was reported earlier, which based itself from quotes from Iran’s news agency, Airbus will lease 7 aircrafts to Iran’s flagship carrier. As per two sources from the aviation industry, Teheran’s Aseman Airlines has agreed to lease seven Airbus… Read More ›
Airbus could finalise the sale of 17 jets to IranAir within 2 weeks
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›