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Latest Aviation News
2/4/2012
Kazakhstan's AIR ASTANA ordered three 767-300ERs for 2013-2014 and three 787-8s for 2017-2019.
2/3/2012
SUKHOI CIVIL AIRCRAFT received type certification from EASA for the Superjet 100.
2/3/2012
MALEV has suspended operations amid financial difficulties.
2/2/2012
AMERICAN AIRLINES outlined business plan that targets >$3b in financial improvements by 2017 through $2b in cost savings and $1b in revenue enhancements; plan includes eliminating 13,000 jobs, terminating pensions, restructuring debt and leases, grounding older planes, improving supplier contracts, and outsourcing some aircraft maintenance (it plans to close Ft. Worth Alliance maintenance base).
2/1/2012
IATA says scheduled international pax traffic rose 5.9% in 2011 vs 2010 against 6.3% rise in capacity; cargo traffic dropped 0.7%.
1/31/2012
DASSAULT AVIATION was selected by Indian Air Force to supply Rafale fighters under MMRCA program.
1/30/2012
EMBRAER DEFENSE AND SECURITY agreed to acquire remaining 30% of AIRHOLDING, SGPS (owns 65% of Portugal's OGMA) from EADS.
1/28/2012
SPANAIR suspended operations and was declared bankrupt. SAS is taking SEK1.7b write down related to its holding in the company.
1/27/2012
EADS designated Tom Enders to take over from Louis Gallois as CEO at the end of his term in June 2012; Fabrice Bregier will succeed Enders as CEO of AIRBUS.
1/26/2012
US DOD set its budget topline request at $525b for FY13 (vs $531b in this fiscal year), which it says puts it on path to save $259b over the next five years and $487b over the next 10. It is cutting planned F-35 procurement to 179 aircraft over the next five years, and cancelling the Global Hawk Block 30 program.
1/25/2012
BOEING reported $4.02b net income on $68.7b revenues in 2011 vs $3.31b on $64.3b in 2010; Commercial Airplanes earned $3.5b on $36.2b vs $3.01b on $31.8b, and plans to deliver 585-600 aircraft in 2012 (vs 477 in 2011), including 70-85 787s/747-8s, to be split evenly.
1/25/2012
NORWEGIAN ordered 100 737 MAXs and 22 737-800s from BOEING and signed MOU to order 100 A320neos from AIRBUS.
1/24/2012
SAUDI ARABIAN AIRLINES announced previously unidentified order (in 2011) for eight more 777-300ERs (now 20) during delivery ceremony at BOEING for its first two. It also operates 23 777-200ERs.
1/23/2012
BOMBARDIER booked net orders for 249 aircraft (191 business jets/54 commercial aircraft/four amphibians) in February-December 2011 vs 201 for 12 months ended January 2011, and delivered 245 (163 business jets/78 commercial aircraft/four amphibians) vs 256.
1/23/2012
TRANSDIGM GROUP agreed to acquire Phoenix-based AMSAFE GLOBAL HOLDINGS for $750m from private investors.
1/20/2012
CATHAY PACIFIC AIRWAYS ordered six A350-900s for delivery in 2016-2017, and cited purchase price at US$1.628b, calling it a significant discount.
1/20/2012
PRIVATAIR ordered five CS100s, and optioned five, in all-business class configuration.
1/19/2012
ZODIAC AEROSPACE acquired UK-based CONTOUR AEROSPACE (seats) from PAIG Investments.
1/18/2012
CESSNA made first flight of Citation Ten prototype.
1/18/2012
ATR delivered 54 aircraft in 2011 vs 51 in 2010 and booked orders for 157 vs 80. It now has 224 on backlog, and plans to deliver 70 in 2012 and 80 in 2013.
1/17/2012
AIRBUS delivered record 534 commercial aircraft (421 A320 Family; 87 A330s; 26 A380s) in 2011 vs 510 in 2010, and booked orders for 1,608 (1,419 net) vs 644 (574) a year ago.
1/16/2012
SUMITOMO MITSUI BANKING CORP agreed to acquire RBS AVIATION CAPITAL (206 aircraft, plus commitments to purchase another 87 by 2015) for $7.3b.
1/16/2012
Canada's WESTJET says it is considering the launch of a new short-haul, regional airline as early as 2013 using a fleet of approximately 40 turboprops.
1/14/2012
AERCAP HOLDINGS delivered 30 aircraft to lessees in 2011 vs 51 in 2010, and signed new lease agreements for 31 aircraft vs 26 a year ago.
1/13/2012
BOMBARDIER AEROSPACE named Michele (Mike) Arcamone as President-Commercial Aircraft (effective February 1), succeeding Gary R. Scott, who retired on October 1, 2011.
1/12/2012
Mexico's VOLARIS finalized previously announced order for 14 A320s and 30 A320neos (engines TBD); it now has 58 A320 Family aircraft on order and 34 in service.
1/12/2012
LUFTHANSA TECHNIK has acquired shares in AIRLIANCE MATERIALS previously held by the
two minority owners United Airlines and Air Canada, and appointed Roscoe Musselwhite to succeed David Sisson as President and CEO.
1/11/2012
EMBRAER delivered 82 aircraft (32 commercial/50 executive) in 4Q11 vs 92 in 4Q10, and 204 aircraft (105 commercial/99 executive) in 2011 vs record 246 in 2010.
1/10/2012
BOEING hit 737 production rate of 35 per month, and delivered first aircraft (msn 39419) produced at new rate to AWAS for lease to NORWEGIAN AIR SHUTTLE.
1/10/2012
BOEING named AIR FRANCE-KLM as previously unidentified customer for 25 787-9s ordered in late 2011; it now has 305 787-9 orders.
1/9/2012
B/E AEROSPACE agreed to acquire New York-based UFC AEROSPACE, which provides supply chain management and inventory logistics; it then increased its 2012 EPS guidance by 4% to $2.75.
1/6/2012
AIRBUS has developed an inspection and repair procedure following the discovery of minor cracks on non-critical wing rib-skin attachments (posing no safety threat) on small number of SINGAPORE AIRLINES and QANTAS A380s; this will be accomplished during routine maintenance checks.
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