Aviation News

Rolls-Royce Wins USD$1.5 Bln China Eastern Order

August 24, 2016

Rolls-Royce Wins USD$1.5 Bln China Eastern Order

Rolls-Royce has won a USD$1.5 billion order from China Eastern Airlines for Trent 700 engines to power 15 Airbus A330s.


CB Air To Buy Global Aviation

August 22, 2016

Brazilian air taxi operator CB Air will buy Global Aviation in a BRR38 million reais (USD$11.9 million) deal.


Boeing To Assess 787 Production Rate

August 11, 2016

Boeing To Assess 787 Production Rate

Boeing could cut 777 production rates again and may not increase 787 Dreamliner output as orders soften.


Embraer To Seek Voluntary Layoffs

August 9, 2016

Embraer To Seek Voluntary Layoffs

Embraer is set to launch a voluntary layoff scheme to cut an undisclosed number of jobs at the Brazilian aircraft manufacturer.


UK Opens Airbus Corruption Investigation

August 8, 2016

UK Opens Airbus Corruption Investigation

The UK’s Serious Fraud Office has opened an investigation into possible corruption in the civil aviation business at Airbus.



Bombardier Reports Quarterly Loss

August 5, 2016

Bombardier Reports Quarterly Loss

Bombardier swung to a second quarter net loss as business jet revenue fell on lower production.


Spirit AeroSystems Q2 Revenue Up But Profit Falls

August 3, 2016

Spirit AeroSystems Q2 Revenue Up But Profit Falls

Spirit AeroSystems reported stronger revenue for the second quarter, but a 71 percent drop in net income, caused by one-off items.


Embraer Swings To Q2 Loss, Cuts Outlook

July 29, 2016

Embraer Swings To Q2 Loss, Cuts Outlook

Embraer cut its outlook for executive jet sales this year and set aside USD$200 million to settle a US graft probe, triggering a quarterly loss.


Safran H1 Core Income Up 11.8 Percent

July 29, 2016

Safran H1 Core Income Up 11.8 Percent

Safran posted an 11.8 percent rise in first-half core profit on Friday, driven by demand for aircraft equipment.


Allegiant Air Orders 12 Airbus A320ceos

July 29, 2016

Allegiant Air Orders 12 Airbus A320ceos

Allegiant Air has signed a purchase agreement for 12 Airbus A320ceo aircraft.