Aviation News

Boeing To Open First European Factory

February 24, 2017

Boeing To Open First European Factory

Boeing announced it will open its first European manufacturing facility with a GBP£20 million (USD$25 million) investment in the UK.


Airbus Profit Drops On A400M Charge

February 22, 2017

Airbus Profit Drops On A400M Charge

Airbus net income for the full year 2016 dropped 63 percent to EUR€995 million (USD$1.05 billion) as it took a €2.2 billion charge on the A400M military transporter.


AerCap Reports Lower 2016 Profit

February 21, 2017

AerCap Reports Lower 2016 Profit

Dublin-based aircraft lessor AerCap reported 2016 annual net income of USD$1.05 billion, down from $1.18 billion the previous year.


Lufthansa Technik, MTU Agree Engine Maintenance JV

February 21, 2017

Lufthansa Technik, MTU Agree Engine Maintenance JV

Lufthansa Technik and MTU Aero Engines have agreed to set up a joint venture company for the maintenance, repair and overhaul of Pratt & Whitney geared turbofan engines.


Juneyao Airlines Orders Five Boeing 787s

February 17, 2017

Juneyao Airlines Orders Five Boeing 787s

Juneyao Airlines has agreed an order for five Boeing 787-9 Dreamliners, valued at about USD$1.32 billion at list prices.



Bombardier Reports Lower Full-Year Loss

February 16, 2017

Bombardier Reports Lower Full-Year Loss

Bombardier reported a smaller full year net loss of USD$981 million, down from the previous year’s $5.34 billion.


Boeing Workers Vote Against Union Representation

February 15, 2017

Boeing Workers Vote Against Union Representation

Production workers at Boeing’s South Carolina 787 assembly plant have voted against representation by the IAM union.


Rolls-Royce Reports GBP£4.03 Billion Loss

February 14, 2017

Rolls-Royce Reports GBP£4.03 Billion Loss

Aero engine maker Rolls-Royce reported a net loss of GBP£4.03 billion (USD$5.02 billion) for 2016 as it suffered from a post Brexit vote currency fall and the settlement of bribery allegations.


Widerøe First To Fly The Embraer E190-E2

February 14, 2017

Widerøe First To Fly The Embraer E190-E2

Norwegian regional carrier Widerøe will be the first airline to receive the Embraer E190-E2 aircraft, scheduled for entry into service in the first half of 2018.


Singapore Chooses Boeing In US$13.8 Bln Deal

February 9, 2017

Singapore Chooses Boeing In US$13.8 Bln Deal

Singapore Airlines announced its intent to place orders for 39 Boeing aircraft in a deal worth up to USD$13.8 billion at current list prices.