Ambitions to boost value to customers and reach $10bn of services revenues in commercial in the next decade Airbus’ new Global Services Forecast predicts a US$4.6 trillion worldwide market for commercial aircraft services from 2018 to 2037. The new…
Deal is valued at $9.6 billion and includes orders and commitments for 75 MAX 8s and three 787-9s Large order from leading lessor reflects healthy commercial market demand Boeing [NYSE:BA] and Air Lease Corporation [NYSE: AL] today announced orders…
Emirates has been awarded IATA 753 compliance certification for its baggage operation in its home base of Dubai. The certification underlines the carrier’s capabilities to diligently track bags that flow through its Dubai hub for departing, arriving and connecting…
20-year outlook projects rising demand for 42,700+ new airplanes, valued at $6.3 trillion Services to outpace the world fleet; to grow 4.2% annually creating a $8.8T market Boeing [NYSE: BA] lifted its long-term forecast for commercial airplanes as rising…
IATA director general and CEO Alexandre de Juniac says the government would be in a better position to analyse why the Air India stake sale process failed New Delhi: With the Air India disinvestment failing to take off, global…
eAWB360 takes Mexico by storm! Recently Mexico City (MEX) held their eAWB360 event at the very-well attended Expocarga event, prior to the airport going Live and switching to e-AWB as the preferred means of shipping cargo to all destinations…
Company to purchase 25 new Embraer E-175 and 4 new Boeing 787-9 aircraft United Airlines (UAL) today announced orders to purchase 25 new Embraer E-175 and 4 new Boeing 787-9 aircraft. United expects to take delivery of the Embraer…
Boeing [NYSE: BA] and DHL today announced that the leading international express carrier has placed an order and commitment for 14 Boeing 777 Freighters, and purchase rights for 7 additional freighters. The $4.7 billion order agreement, at current list…
Airbus has announced the signature of a Memorandum of Understanding with a leading global lessor for 80 A320neo Family aircraft. The agreement was completed during the Farnborough Airshow. The commitment re-enforces the appeal of the world’s bestselling single aisle…
Global airline industry profitability was strengthening in Q1 2018 compared to the same quarter a year ago, while cash flow generation in the industry also picked up, according to the International Air Transport Association (IATA). In its June 2018…
