The Quebec government’s $1 billion investment in the Bombardier CSeries program is not a subsidy and was essential because the province could not afford to see the aircraft fail, the Quebec Premier said during his visit to the Farnborough Airshow this week.
Boeing acknowledged Tuesday that Iran Air has signed a letter of intent to order airliners, confirming the US manufacturer intends to challenge Airbus vigorously in the politically sensitive, but potentially lucrative Middle Eastern market.
Airbus and Boeing need to increase output of narrowbody jets to burn off massive backlogs, but the high production rates they are talking about probably cannot be sustained over the long run, the head of a key supplier said this week.
With flight tests of the long-delayed Bombardier CSeries past the half-way stage and certification now on track for year end, key leasing companies say the airliner’s longer term success hinges on execution of the final approval phase to service entry as well as building credibility by attracting big orders.
Louis Chenevert, the architect of the biggest aerospace and defense (A&D) acquisition ever and a driving force behind Pratt & Whitney’s geared turbofan (GTF) engine, has stepped down as chairman and CEO of United Technologies Corp. (UTC).
US National Transportation Safety Board (NTSB) chairman Deborah Hersman said the enactment of rules to prohibit airline passengers from carrying children under two years of age in their laps is one of her biggest pieces of unfinished business as she prepares to leave the board after 10 years.
A surge in orders for commercial E-Jets is fueling a rebound in Embraer's backlog after a painful downturn, but the top executive at the Brazilian aircraft builder says there are no plans to raise production levels anytime soon.
Air New Zealand has released its latest flight safety video. The Kiwi airline is famous for its fun videos and they are usually popular, but I have to say that I think they’ve produced a dud this time....More
GE Aviation and CFM International, the GE/Snecma joint venture, appeared to be the winners among aircraft engine manufacturers at the Farnborough Airshow in terms of quantity and value of orders, though Pratt & Whitney and Rolls-Royce also secured significant engine orders during the event....More