Bombardier Commercial Aircraft today welcomed five Latin American airlines to its family of operators, and congratulated another that has extended its service offerings in the region with Bombardier-manufactured commercial aircraft. Among the airlines that have joined Bombardier’s growing family of CRJ Series aircraft operators is Rosario, Argentina-based Sol Líneas A&ea...
The newly-launched Valkyrie is sure to appeal to millionaire playboys looking to satisfy their inner Batman. Looking more like a high-tech fighter than a light plane designed for private use, the Valkyrie from Cobalt aircraft has just been launched. With a canard front wing, sleek aerodynamic shape and a turbocharged 350 hp (260 kW) engine, the new Valkyrie is claimed to be capable o...
Easyjet has posted its fifth successive year of record profits, boosted by what the airline said were "favourable economic and consumer trends". Annual profits at the carrier, which has just celebrated its 20th birthday, jumped 18% to £686m. Revenues rose 3.5% to £4.68bn, with passenger numbers up 6% to 68.6 million in the year to end-September. The figures do not in...
Allowable pets can still be transported in most cabins or via Delta Cargo. Delta will no longer accept pets as checked baggage, but will continue to transport allowable pets in all cabins of service except Delta One, effective March 1, 2016. Customers may also ship pets for travel within the United States as freight through Delta Cargo. One notable exception to this new policy: Members of th...
The second PC-24 prototype (P02) took off from Buochs Airport yesterday at 10:06 a. m. on its maiden flight. The "Super Versatile Jet" with call sign HB-VXB flew across central Switzerland for a total of 82 minutes. Following on from the maiden flight of the first PC-24 prototype (P01) in May of this year, this first flight by P02 marks another major step forward in the Pilatus PC-24...
Dassault Aviation is introducing its proprietary Combined Vision System at NBAA’s Business Aviation Convention & Exhibition (BACE) in Las Vegas, Nevada. The system, dubbed FalconEye, is being presented on a Falcon 2000LXS on display at the show. The aircraft is a production model due to be delivered soon after the exhibit ends. “It’s in our very DNA to innovate in ways...
GE Aviation said on Monday it had teamed up with Textron to produce an all-new turboprop aircraft and engine for the general aviation market, part of an effort GE expects will generate more than $1 billion in annual sales of engines by 2020. GE Aviation said its so-called advanced turboprop engine takes aim at a widely used engine by United Technologies unit Pratt & Whitney k...
Dassault Aviation said on Monday it expects to announce early next year a new testing and production schedule for its Falcon 5X business jet, which has been delayed by problems with engines supplied by Snecma. "When we have a better understanding (from Snecma), which should come soon, we will totally reorganize the schedule," Eric Trappier, chairman and chief executive of Dassault Avi...
The Quebec government said on Monday its $1 billion investment in a partnership with Bombardier Inc that is aimed at completing the company's CSeries jet program will be financed through the government's annual borrowing program. Bombardier's CSeries passenger jet program is already years late and billions of dollars over budget. In October, the government in Bombardier's h...
The aircraft ABS sector continues to heat up and is set for another bump in new deals in 2016, according to Fitch Ratings in a new report. Fitch reports 11 aircraft ABS securitizations as being completed since the start of 2014, with many in the market predicting more next year. Meanwhile, EETCs remain a viable source of funding as the first two ‘AA’ issuances si...
Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, is excited to announce the continuing growth of its dedicated Engine Trading team. Since its creation a little over a year ago, the Engine Trading team has enjoyed strong engagement from the market place, with customers worldwide appreciating the range of services offered by the team. Th...
Boeing projects the Latin American commercial aviation market will grow at one of the highest rates in the world over the next 20 years. As a result, Boeing forecasts the region’s airlines will need 3,050 new airplanes valued at $350 billion. “The economies of Latin America and the Caribbeanwill grow faster than the rest of the world over the long term,” said Van Rex Gall...