The Royal Australian Air Force is just one of many potential customers Boeing is talking to ahead of a request for proposal. On Tuesday, Boeing Co disclosed it is holding talks with potential customers, including the Royal Australian Air Force,… Read More ›
aircrafts
Vietnam’s Vietjet Aviation to purchase 50 A321neo from Airbus in a $6.5 billion deal
The deal was finalized during French Prime Minister Edouard Philippe’s visit to Hanoi. According to sources familiar with the matter at hand, Vietjet Aviation, a budget air carrier that is growing rapidly, is set to finalize a $6.5 billion jet… Read More ›
Donald Trump fires fresh salvo at China, imposes 10% tariffs on Chinese imports worth $200 billion
In a strategic move aimed at positioning itself in a stronger position during negotiations, U.S. President Donald Trump has imposed a 10% tariff on Chinese exports to the U.S. for goods worth $200 billion. The tariff is applicable to the… Read More ›
BOC Aviation Ltd to purchase 17 new Airbus jets worth $2.2 billion
Singapore-based BOC Aviation is Asia’s second biggest aircraft lessor. It expects deliveries of these aircrafts in 2020 & 2021. On Monday, BOC Aviation Ltd stated it would purchase 17 new Airbus A320NEO and A321NEO jets, at a combined value of… Read More ›
Airbus garners 431 aircrafts orders from Farnborough Airshow
The Farnborough Airshow was a much needed boost for Airbus where its A320neo saw good endorsement, especially from its largest buyer AirAsia. On Thursday, Airbus SE stated it had orders and commitments for 431 aircrafts from the Farnborough Airshow, with… Read More ›
New Zealand to purchase 4 Boeing P-8A Poseidon maritime surveillance aircrafts for $1.6 billion
The strategic deal will strengthen New Zealand’s diplomatic ties to the United States and underscores the government’s will to vigorously increase patrolling and surveillance operations in the region. On Monday, New Zealand’s Defense Minister Ron Mark stated, New Zealand has… Read More ›
Southwest Airlines orders 40 Boeing 737 MAX 8 worth $4.68 billion at list prices
Southwest disclosed the info while announcing the results of its first quarter report. Its second quarter results are likely to be affected by the conclusions drawn by investors from the mid-air engine explosion of its 737-700 jet which occurred last… Read More ›
Indonesia’s Lion Air to buy 50 Boeing 737 MAX 10 jets
At list prices the order is worth $6.24 billion, although typically airplane makers give a hefty discount to push through sales. On Tuesday, Indonesia’s Lion Air Group disclosed it would be purchasing 50 Boeing 737 MAX 10 jets worth $6.24… Read More ›
U.S. Administration aiming to slash China trade surplus by $100 billion
It is to be seen how the Trump Administration will go about achieving its goal of balancing trade between the two economies. Although a spokeswoman clarified on Trump’s tweet to even out this trade surplus, a lot more clarity will… Read More ›
South Korea to purchase 20 additional stealth fighter aircrafts frmo Lockheed Martin
The news report by South Korea’s Joongang Ilbo newspaper follows U.S. President Donald Trump’s visit to Seoul. On Thursday, a South Korean newspaper reported that the country plans on buying an additional 20 F-35A stealth fighter aircrafts from the US…. Read More ›