Pratt & Whitney identified the source of the failure of one of the PW1500Gs on the first Bombardier CSeries flight-test aircraft as a “seal issue” in the oil system, not the low-pressure turbine as previously indicated by Bombardier.
AIN Air Transport Perspective » July 14, 2014
When taking the helm of a company that already owns a substantial portion of the regional aircraft market, one might be tempted to wonder if there’s anything more to be done. But Patrick de Castelbajac, who was appointed CEO of ATR at the beginning of June, knows there’s plenty of work left to do.
Analysts expect established trends in predicted long-term jetliner requirements to continue, with little change to the market breakdown by aircraft size, according to the latest Boeing 20-year forecast statistics, unveiled in London on July 10.
With India’s airlines still mired in losses, the country’s new budget, announced on July 11, did little to address some of the aviation industry’s most pressing concerns. It offered nothing on reforms in taxation on aviation fuel and maintenance, repair and overhaul—long issues of contention the aviation industry hoped India’s new government would address.
The mergers and acquisitions (M&A) tide is still rising in the commercial aerospace sector, according to Michael Richter, managing director and head of aerospace and defense with investment bank Lazard.
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