Emirates

July 17, 2014 - 1:00am

The 2014 edition of the Farnborough International Airshow has beaten its own record for aircraft and engine orders, with organizers announcing a $130 billion running tally after the first three of the five trade days. Factoring in all provisional orders, AIN’s own analysis puts the estimate at just above $155 billion.

Qatar Airways dominated commercial proceedings at the Farnborough International Airshow yesterday, signing contracts with Boeing for its 777Xs that could be worth up to $37.7 billion, plus another $2.4 billion deal for four 777 freighters.

July 15, 2014 - 1:20am
Farnborough 2014

Day one of the 2014 Farnborough International Airshow proved to be a lucrative one for just about all manufacturers of airliners and the engines that power them. An approximate estimate of business announced here yesterday quickly topped $50 billion.

July 13, 2014 - 9:00am

It might seem only a year or two since Airbus launched the A380 and just months since the mighty, double-deck behemoth entered service, but the European manufacturer has delivered more than 130 since operations began, almost six years ago, in October 2007. The aircraft, which typically accommodate about 500 passengers (depending upon customers’ cabin configurations), have an average daily use of more than 13 hours, says Airbus. Of the 324 examples that had been ordered by late June, the backlog of 192 includes 20 booked this year.

July 12, 2014 - 1:00pm

This week’s Farnborough International Airshow promises to be another busy one for dealmakers like Michael Richter, managing director and head of aerospace and defense with investment bank Lazard. Even compared with the periods around the 2012 Farnborough show and the 2013 Paris Air Show, he sees rising levels of mergers and acquisitions (M&A) activity in the commercial aerospace sector. He also anticipates some degree of recovery in defense industry M&A activity, reversing a period of relative inactivity in a sector that has been impacted by uncertainty over military budgets.

July 12, 2014 - 9:00am
R-R claims the Trent XWB’s advanced compressor aerodynamics deliver module weight savings of 15 percent through blisk technology.

Rolls-Royce is confident that other customers will take up the 70 Airbus A350-900XWB and -1000XWB production positions released when Emirates Airline canceled its order on June 1, and says demand remains strong for the new twin-aisle twinjet, which is powered exclusively by R-R Trent XWB engines. The loss reduced the manufacturer’s orderbook by £2.6 billion (excluding the value of “TotalCare” support contracts), or about 3.5 percent.

July 11, 2014 - 2:00pm
Boeing and Air Lease Corporation in late May celebrated the direct delivery of the first of 15 777-300ERs from ALC’s existing order pipeline with the manufacturer. Boeing expected to deliver the second 777-300ER for ALC to British Airways this month.

Boeing sees little chance that it will have to cut production of the 777 during the transition to the 777X, notwithstanding recent conjecture from analysts that a so-called sales “drought” since the launch of the program during last year’s Dubai Air Show could portend a period of market weakness–and a possibility that it won’t find enough orders to maintain its 8.3-per-month rate into 2020.

July 8, 2014 - 10:10am

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.

June 18, 2014 - 9:16am

Airbus A350-900 flight test aircraft MSN3 has completed hot weather testing in Al Ain, in the United Arab Emirates, Airbus announced Wednesday.

June 11, 2014 - 9:47am

Emirates Airline has cancelled its order of 70 A350 XWBs, Airbus confirmed on Wednesday. The Dubai-based carrier originally placed the order for 50 A350-900s and 20 A350-1000s in 2007. It had planned to take first delivery in 2019.

June 5, 2014 - 10:58am

As the air transport industry’s heavy hitters gathered in Doha for IATA’s June 1-3 annual general meeting (AGM), thoughts turned to heavy iron—namely, prospective widebody developments that stand to upset the competitive status quo as early as the Farnborough Air Show in July.

 
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