Steve Costley

Articles by Steve Costley
Think Big 

 

Small jet manufacturers are planning to invest heavily in their platforms and increase the size of current aircraft.

Superjet International VP business development John Buckley revealed plans at the ISTAT Americas 2013 conference in Orlando in March to stretch the 100-seat Sukhoi SuperJet to 120-130 seats. “As we move forward, we will be stretching the aircraft to 120-130 seats and begin to have a family of aircraft,” he said.

Leased aircraft expected to grow to 50% by end of decade 
Leased aircraft are expected to grow from 38% to 50% of the world’s total fleet by the end of the decade, according to CIT’s Jeff Knittel.
Challenging used aircraft market could reset
Increased new aircraft production, the emergence of aircraft age restrictions in many countries, engine OEM support, and limited financing are major barriers to remarketing used aircraft according to an expert panel speaking at the ISTAT Americas 2013 conference in Orlando.
Appraisers see aircraft base values returning
Current market values of aircraft are expected to return to base values by 2015, AVITAS said Tuesday.
Lessor says demand for 787 remains strong
The grounding of the Boeing 787 is lifting demand for Airbus A330s and Boeing 767s, according to Jeffrey Knittel, CIT Aerospace president-transportation finance.
Regional jet makers expect aircraft size to grow
Small jet manufacturers are planning to invest heavily in their platforms and increase the size of current aircraft models, according to a panel discussion at the ISTAT Americas 2013 conference in Orlando, Fla.
ICF SH&E: Global MRO regional market worth $6.7 billion 
Commercial aviation consultancy ICF SH&E says the global MRO market for 8,500 regional aircraft will be worth $6.7 billion this year.
Pilot supply a key long-term challenge for regional airlines 
The Regional Airline Assn. (RAA) has identified pilot supply as a key long-term challenge for growing the regional airline industry.
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