Manufacturers of two new entrants in the regional jet market – the Mitsubishi Regional Jet and Sukhoi SuperJet – brought their case for success this week to the ISTAT 2014 Americas conference in San Diego.
It is rare for Airbus and Boeing to speak in unison, but during a panel discussion at the ISTAT 2014 Americas conference in San Diego, Airbus SVP-leasing markets Andrew Shankland and Boeing VP-marketing Randy Tinseth both identified improvements in 2014 in world GDP, passenger traffic, cargo traffic and airline profitability as main drivers for a boom market for new aircraft deliveries.
The US Aerospace Industries Association projected that US civil aircraft sales reached $67 billion last year, which would be an increase of about 8% over 2012. This number reflects the current strength of the world’s commercial aircraft market.
Boeing launched the 777X program at the 2013 Dubai Air Show on Sunday with orders and commitments for 259 aircraft from Lufthansa (34), Etihad Airways (25), Qatar Airways (50) and Emirates (150) with a combined value of more than $95 billion at list prices.
Etihad Airways announced Sunday at the Dubai Air Show that it has agreed to acquire a 33.3% stake in Darwin Airline, a regional carrier based in Lugano, Switzerland, to launch Etihad Regional to connect passengers from secondary European markets onto its main network.
Republic Airways Holdings is “in a stabilized approach” toward reaching a new labor agreement with its pilots, though “difficult stuff” still needs to negotiated, chairman, president and CEO Bryan Bedford said....More