Boeing announced a firm order from United Airlines on July 12 for 150 new 737 narrowbodies worth $14.7 billion at list prices, rounding out a week in which airlines and leasing companies placed more than $37 billion in orders and commitments for 737s at the Farnborough International airshow.
Business
July 12, 2012 - 11:45am
CFM International is set to head home from the Farnborough International airshow with some $12.6 billion in new engine sales—nearly doubling its 2012 order book. One dozen different clients—a mix of airlines and leasing groups—signed for nearly 1,000 of the new Leap family engines.
July 12, 2012 - 11:41am
Business aircraft flying activity last month in the U.S. slipped by 1.3 percent from a year ago, according to TraqPak data released on Tuesday by aviation services company Argus. Part 91 flying still leads the operational category segment, but managed to eke out only a 0.3-percent gain. Part 135 charter activity dipped slightly–1.4 percent–while fractional flying dropped by 6.7 percent on a year-over-year basis.
July 12, 2012 - 11:28am
Robinson Helicopter enjoyed a robust first six months, producing 234 aircraft–76 R66 turbine singles and 156 R44s. Sales of the R66 have been particularly strong, even as the base price of that aircraft was raised to $822,000, effective July 1. In response to demand for the R66, Robinson plans to raise production of that aircraft from four to six per week by year-end, increasing Robinson’s total aircraft production to 13 per week from the rate of 10 per week at the beginning of the year and the current rate of 11 per week.
July 12, 2012 - 11:00am
Recent upgrades to India’s Defense Procurement Policy (DPP) 2011 that are to be incorporated in DPP 2012 could soon allow foreign vendors to buy from Indian companies assemblies that contain foreign content while getting credit for the entire assembly, as long as the content is paid for in rupees.
July 12, 2012 - 10:55am
The Boeing 737 and its revamped progeny, the 737 MAX, showed little sign of losing sales momentum yesterday, as Irish leasing company Avolon committed to buy 10 B737 MAX 8s, five MAX 9s and 10 more 737-800NGs. The commitment carries a potential value of $2.3 billion and includes so-called reconfirmation rights for five more 737 MAXs.
Owned by four investors including the government of Singapore, privately-owned Avolon launched operations in Dublin in May 2010.
July 12, 2012 - 10:20am
New research from consultancy firm Accenture has found that manufacturers of commercial aircraft need to improve their performance in three key areas.
July 12, 2012 - 8:00am
GE Capital Aviation Service signed a memorandum of understanding (MoU) yesterday at the Farnborough Airshow with CFM International to participate in the engine manufacturer’s new product offering for leasing companies, called Portable Maintenance for Lessors (PML). The final agreement should be complete by year-end, the companies said.
July 12, 2012 - 3:52am
The Omega Air KDC-10 tanker is here to remind visitors that a contract air refueling service is readily available. It brought the two Boeing F/A-18 Super Hornets across the Atlantic to Farnborough last week; the U.S. Navy is Omega’s prime customer, buying about 85 percent of the Irish company’s tanking output, which was nearly 1,600 hours last year with the KDC-10 and three KC-707s.
July 11, 2012 - 6:40pm
Delta Air Lines has equipped three Boeing 767-300ERs with ADS-B (Automatic Dependent Surveillance–Broadcast) components from Aviation Communication & Surveillance Systems (ACSS), a joint venture between L-3 and Thales.
The avionics, installed under an FAA supplemental type certificate , are part of ACSS’s SafeRoute suite and include in-trail procedures (ITP) and surface area movement management solutions.
