A World Trade Organisation (WTO) compliance panel ruled on 22 September that the European Union has failed to comply with its obligation to remedy the massive subsidies European governments have provided to create and sustain Airbus for more than 40 years. Rather than comply with their WTO obligations to remedy the US$17 billion in past subsidies provided to Airbus, the WTO found that EU Member States provided Airbus with new launch aid – reportedly almost $5 billion – so they could launch … [Read more...] about EU failed to remedy 40 years of Airbus subsidies: WTO
Boeing
China becomes world’s first trillion dollar aviation market
Boeing has projected a demand for 6,810 new aircraft in the country over the next 20 years, including nearly 600 freighters - both newbuild and converted. Boeing released its annual China Current Market Outlook (CMO) today in Beijing, estimating the total value of these new aircraft - passenger and cargo - at US$1.025 trillion. China becomes the first trillion dollar aviation market in Boeing's forecast. Driven by China's growing e-commerce business – already the largest in the world – air … [Read more...] about China becomes world’s first trillion dollar aviation market
China becomes world's first trillion dollar aviation market
Boeing has projected a demand for 6,810 new aircraft in the country over the next 20 years, including nearly 600 freighters - both newbuild and converted. Boeing released its annual China Current Market Outlook (CMO) today in Beijing, estimating the total value of these new aircraft - passenger and cargo - at US$1.025 trillion. China becomes the first trillion dollar aviation market in Boeing's forecast. Driven by China's growing e-commerce business – already the largest in the world – air cargo … [Read more...] about China becomes world's first trillion dollar aviation market
‘Father of the 747’, Joe Sutter dies aged 95
Joe Sutter, the chief engineer of the legendary Boeing 747, died on Tuesday aged 95. Responsible for leading Boeing’s engineering team on the B747-100 in the mid-1960s, Sutter spent four decades working for the aircraft manufacturer on a number of projects including the Dash 80, 707 and 737 aircraft, but none as iconic as the ‘Jumbo Jet’. Sutter and his team became known as "the Incredibles," for producing the world's largest aircraft in its day, within 29 months from the time of … [Read more...] about ‘Father of the 747’, Joe Sutter dies aged 95
Boeing delivers 50th B787 Dreamliner to ANA
All Nippon Airways (ANA) and Boeing celebrated the delivery of the airline's 50th B787 Dreamliner during a ceremony today at Boeing's Everett Delivery Center. The milestone marks yet another record for ANA as it becomes the world's first airline to operate 50 B787 Dreamliners. "The 787 Dreamliner has played a significant role in opening up new routes into new markets, while also forming the backbone of our long-haul fleet," said Osamu Shinobe, president and CEO, ANA. "As the launch customer … [Read more...] about Boeing delivers 50th B787 Dreamliner to ANA
Boeing, Nok Air Partner for Humanitarian Aid Flight
Boeing and Nok Air partnered today to launch a special humanitarian aid mission to Thailand. With the help of the international non-profit organization Vital Voices, whose mission is to invest in and empower women leaders, the airline's 22nd Next-Generation 737-800 will transport and deliver nearly 30 boxes full of relief items including clothes and school supplies. The items are headed to The Children's Advocacy Center Thailand (ACT), a non-profit organisation dedicated to better the lives … [Read more...] about Boeing, Nok Air Partner for Humanitarian Aid Flight
