China moved closer to its stated ambition of manufacturing a large commercial passenger aircraft with Aviation Industries of China's (AVIC), launch of its commercial engine company in Shanghai recently. AVIC President Lin Zuoming said the new venture will produce engines for a domestically produced150-seat commercial aircraft known as the "trunk liner". AVIC holds 40 per cent of the new company with Shanghai Electric Group and Shanghai Guosheng Group each holding 15 per cent. AVIC has put the … [Read more...] about AVIC launches commercial engine company
Aircraft Manufacturers
Airbus tops Boeing deliveries in ’08 but predicts soft ’09
European aircraft maker Airbus once again took top spot in global airliner production for the sixth year running in 2008, with a 7 per cent rise in deliveries, to a record 483 planes. Deliveries comprised 386 A320 family aircraft, 85 A330s/A340s and 12 A380s. Its US rival, Boeing, delivered 375 planes in 2008 after a machinists' strike halted commercial aircraft production for 58 days. Airbus booked 777 net aircraft orders in 2008, down from 900 after 123 cancellations, topping Boeing's 662 net … [Read more...] about Airbus tops Boeing deliveries in ’08 but predicts soft ’09
Airbus tops Boeing deliveries in '08 but predicts soft '09
European aircraft maker Airbus once again took top spot in global airliner production for the sixth year running in 2008, with a 7 per cent rise in deliveries, to a record 483 planes. Deliveries comprised 386 A320 family aircraft, 85 A330s/A340s and 12 A380s. Its US rival, Boeing, delivered 375 planes in 2008 after a machinists' strike halted commercial aircraft production for 58 days. Airbus booked 777 net aircraft orders in 2008, down from 900 after 123 cancellations, topping Boeing's 662 net … [Read more...] about Airbus tops Boeing deliveries in '08 but predicts soft '09
EADS drops US acquisition to save money
European aerospace group EADS said it had abandoned a "significant" acquisition in the US in order to conserve cash and support Airbus plane sales to crisis-hit airlines. The Airbus parent company is under pressure to offer financing to buyers to ensure they honour contracts. Both Airbus and rival Boeing saw new plane business roughly halve last year after a record 2007 as airlines faced first a record spike in oil prices and then a slump in passenger and cargo demand. "We want to protect cash … [Read more...] about EADS drops US acquisition to save money
Air cargo firms appeal UAE Antonov ban
UAE air cargo companies have joined forces to appeal against a decision by the General Civil Aviation Authority banning Antonov An-12 airplanes from UAE airspace. The authority last week ordered all Antonov An-12 airplanes out of the country by today, citing safety concerns after a recent string of accidents involving the four-engine turboprop plane. In a meeting yesterday with a civil aviation official, representatives of 14 air-cargo companies that use An-12s complained that the ban was unfair … [Read more...] about Air cargo firms appeal UAE Antonov ban
15 more B777 freighters for FedEx
Federal Express announced on Monday that its FedEx Express unit exercised options from a 2006 purchase agreement, to buy 15 more Boeing 777 freighters, worth US$3.75 billion at list prices, Although the move clearly bucks the current economic trouble, the express carrier did defer delivery of some of the planes with four B777s slated for delivery in FedEx's fiscal 2010, four in fiscal 2011, three in each subsequent fiscal year until fiscal 2018, and the remaining one in fiscal 2019. The express … [Read more...] about 15 more B777 freighters for FedEx
