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 ›
Boeing
Indian airliner operator Vistara places orders for jets worth $13 billion with Airbus and Boeing
Apart from these, Vistara plans on also purchasing 37 Airbus A320neos from leasing companies. On Wednesday, Vistara, an Indian airline operator, stated, it has placed firm orders for thirteen Airbus SE A320neos jets and six 787 Boeing jets in… 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 ›
Boeing’s acquisition of Embraer’s commercial aviation division in final stage of negotiations
The deal could potential the creation of a new company controlled by Boeing which will focus on commercial aviation while Embraer would stick to creating business jets and aircrafts for defense. As per a report by Brazil’s largest financial newspaper… Read More ›
Boeing facing unionization at its South Carolina plant
The Boeing facility, employing 178 technicians, makes 787 Dreamliner jets. The Wall Street Journal has reported, Boeing’s workers at its South Carolina plant are set to vote on union representation later this month. The National Labor Relations Board (NLRB) has… Read More ›
Will study impact of U.S. withdrawl from Iran nuclear deal: Airbus
Both Airbus and Boeing have commercial ties with IranAir. With U.S. President withdrwawing the United States from the deal, compliance to sanctions and export control regulations have suddenly become very complicated. European airplane maker Airbus stated, it will study the… Read More ›
Boeing acquires aerospace spare parts maker KLX Inc for $3.2 billion
The strategic acquisition, aimed at garnering more revenues from the higher-margined spares parts and airplane services industry, does not significantly impact its 2018 guidance or its capital deployment strategy. On Tuesday, in a move aimed at expanding its aircraft services… Read More ›
Low-cost Irish carrier Ryanair to buy 25 additional Boeing 737 MAX planes
With this order, its order total has touched 135 planes from Boeing. On Tuesday, Irish low-cost air carrier Ryanair stated, it has agreed to purchase an additional 25 Boeing 737 MAX planes worth $3 billion at list prices. As a… Read More ›
India’s Jet Airways to purchase 75 Boeing 737 Max narrowbody jets for $8.8 billion
For the 41st time, India’s domestic air traffic is seeing double digit growth. India’s Mumbai-based Jet Airways Ltd disclosed it plans on purchasing 75 Boeing 737 MAX narrowbody jets from the U.S. airplane maker. Jet Airways did not disclose in… Read More ›
Boeing decides to not appeal against U.S. International Trade Commission’s ruling in Bombardier’s CSeries jet case
The Canadian government is currently holding a tender, for fighter jets, worth between C$15 billion and $C19 billion. As per a statement made by a Boeing’s spokesman, the airplane maker will not go on appeal against the U.S. trade… Read More ›