-XEOS, a joint venture of GE Aviation and Lufthansa Technik, will build a state-of-the-art aircraft engine service centre. -Valued at apx. EUR250 mln. the investment will boost the economic development of the region and create about 500 jobs. -The location of the new investment was announced on Monday, 5th December 2016, during the joint press conference by Bill Millhaem,&...
Russia's Sukhoi Civil Aircraft Company (SCAC) plans to draw on some 238.4 billion rubles ($3.7 billion) in funds by additionally raising its share capital, the company said Friday. In September, SCAC shareholders decided to boost the company's share capital by emitting 1,000-ruble shares. "The price of one common registered uncertificated share of the Sukhoi...
The Middle East—once one of the true hotspots of business aviation growth—is now experiencing a cooling in demand. Ahead of this week’s MEBAA 2016 show, even the most optimistic of industry observers acknowledged that a combination of political instability and declining oil revenues have dented the industry’s prospects in the region—at least for now. Trends of flat...
Private jet booking app JetSmarter has announced the launch of a shared private jet service between Dubai and London offering single-seats for hire. The company said the Dubai to London flight would take off from Al Maktoum International at 8:30pm on Thursdays and arrive at London’s Luton Airport seven-to-eight hours later. A return flight will be available on Fridays at 12pm. JetSm...
Boeing Co. Chief Executive Officer Dennis Muilenburg called on President-elect Donald Trump and Congress to ensure that U.S. companies have the tools necessary to compete in a global economy, from a reformed tax code to financial support from the moribund U.S. Export-Import Bank. For Chicago-based Boeing, the largest U.S. exporter, that means a reformed tax code, a fair global trade system, reg...
Sending satellites, spacecraft and humans into space is an expensive business. If humanity wants to venture further across the Solar System, we need ways of reducing the cost. Perhaps the easiest way to do this is to make the vehicles we use to launch missions into space reusable. Michael Smart, chair of hypersonic propulsion at the University of Queensland, believes hypersonic planes are the s...
The pilot of a plane carrying 128 people suffered a heart attack as he taxied to the runway at Glasgow airport. The captain of the KLM aircraft became unwell as he was about to leave for Amsterdam, in the Netherlands. He was resuscitated by the crew with the help of a passenger. Firefighters from Glasgow airport helped take the Dutch pilot off the plane, where he was met by ambulance cr...
The inaugural flight of the Stratos 714 Very Light Jet (VLJ) was completed successfully on Nov. 21, 2016. With Dave Morss at the controls, the four seat, personal jet aircraft was launched for a 10-minute flight to verify general stability and systems operation. This flight's maximum speed was limited to 128kts at an altitude of 3,700ft AGL with the flaps at 24° and the gear extended...
Emirates has launched the world’s shortest scheduled A380 service, from Dubai to Doha. A first A380 flying the route touched down on Thursday and was welcomed with a water cannon salute – a traditional welcome for aircraft flying new routes. The 379-kilometre flight lasted 80 minutes on the outbound leg and 70 minutes on the return flight to Dubai. Emirates is the largest oper...
Embraer reached another milestone with its E-Jets program - the delivery of the 1,300th aircraft. The E-Jet, an E195, was handed over to China’s Tianjin Airlines in a ceremony at the factory in São José dos Campos. This delivery brings the Tianjin Airlines E-Jet fleet to 45, the largest in Asia. “We dedicate this milestone to all our customers who have embraced the E-J...
Boeing and AerCap, a global leader in aircraft leasing, celebrated the delivery of the first 787 for Air France. The airplane, a 787-9, signifies the delivery of AerCap's 50th Dreamliner and will be deployed on Air France's Paris to Cairo route starting in January. The airplane is also the 500th 787 produced on Boeing's production lines. "It i...
Boutsen Aviation Founders Thierry and Daniela Boutsen were awarded the Special Jury Prize at the 5th Annual “Trophées de l’Eco” at the Grimaldi Forum in Monaco. Hosted by the Monaco Economic Board, six entrepreneurs were awarded prizes based on their contributions to the Principality. There is little doubt that Boutsen Aviation has greatly contributed to the entrepreneuria...
