Bombardier and Rostekhnologii (Rostec), a state corporation controlled by the Russian Federation, have signed a series of preliminary agreements that include a letter of intent (LOI) for the sale of 50 Q400 NextGen aircraft; and a market development agreement reached with Rostec and leasing subsidiary Avia Capital Services that could place at least 50 additional Q400 NextGen aircraft in the region.
Russia’s Federal Air Transport Agency, Rosaviatsia—which is investigating a July 31 incident in which three out of four GEnx engines of an AirBridgeCargo Boeing 747-8F lost power enroute from Russia to Hong Kong—has called the incident a dangerous situation and said it will team up with manufacturers Boeing and General Electric to determine the cause.
Russia’s Ministry of Industry and Trade will postpone the financing of Sukhoi Civil Aircraft Co.’s SuperJet New Generation (SSJ NG) program until 2016, RIA Novosti reported, quoting deputy minister Yuri Slysar.
Moscow will need a fourth airport because the city’s three existing airports will not be able to handle expected high levels of passenger growth through 2030, Russian transportation minister Maxim Sokolov said.
UK-based aircraft components-to-energy conglomerate Meggitt has announced that Meggitt Safety Systems (MSSI) has been selected by Abris JSC to provide fire protection equipment for the Irkut MC-21 aircraft program.
The collective market value of publicly traded airlines worldwide has more than doubled since 2009, but is still below pre-2008 financial crisis levels, according to a top industry stock analyst....More