India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, air force officials say. A deal for 200 single-engine planes produced in India - which the air force says could rise to 300 as it fully phases out aging Soviet-era aircraft - could be worth anything from $13-$15 billion, experts say, potentially one of...
Surf Air, the Santa Monica-based company that charges a monthly fee for all-you-can-fly services, is shopping for planes to expand its business to Europe. Surf Air executives said they are negotiating with Kansas-based Textron Aviation, which builds Cessna planes, and Brazilian airplane manufacturer Embraer, to purchase a fleet of executive jets for the new venture. A Brazilia...
Pilots were forced to abort a takeoff and evacuate passengers from a burning American Airlines flight on a runway at Chicago O'Hare International Airport after the airliner experienced what a federal official said was a rare and serious type of engine failure. American Airlines Flight 383 to Miami experienced an "uncontained engine failure," in which engine parts break off and are...
UPS’ order Thursday for 14 firm and 14 option Boeing 747-8Fs raises an interesting question: as the era of four engine commercial jetliners draws to a close, which of the two last survivors will die first? Before yesterday, the answer was clear. The real A380 order book (minus the ample number of zombie orders) was in bad shape, but the 747′s was worse. Nominally, it was a mer...
On October 26, 2016, Fitch Ratings upgraded Russian Helicopters JSC's (RH) Long-Term Issuer Default Rating (IDR) to 'BB+' from 'BB' and affirmed the Short-Term IDR at 'B'. The Outlook on the Long-Term IDR is Stable, the rating agency informed. The upgrade reflects Fitch's views that the recent improvement in the company's funds from operations (FFO), whilst e...
A US premier at this year's NBAA's Business Aviation Convention & Exhibition (NBAA-BACE) in Orlando: the first-ever presentation of the PC-24 prototype to a US audience at the Pilatus outdoor stand. The PC-24 development program is progressing to plan and Pilatus expects its new business jet to exceed previously published performance data! Visitors to NBAA-BACE 2016 can look forwar...
Airbus Group has announced the first of what may prove to be thousands of job cuts across its business. The European aerospace company says it will eliminate almost 582 posts at its helicopter arm following a slump in demand from the oil and gas industry and a fatal crash that grounded one of its most popular models. The cuts will come at the main Airbus Helicopters base in Marignane, near M...
SilverArrow Capital Group announced that it has acquired the majority share (51%) of PrivatAir, SA. PrivatAir is an international premium airline and leading business aviation group with headquarter in Geneva, Switzerland and operating offices in Duesseldorf, Germany and Lisbon, Portugal. PrivatAir operates a wide-range of aircrafts ranging from Boeing B767, B757, BBJs to Airbus A319 and busine...
Qantas has unveiled what customers onboard its flagship 787-9 Dreamliner can expect when the aircraft arrives in a year’s time. The Qantas Dreamliner will seat 236 passengers across Business, Premium Economy and Economy cabins in a layout that has been designed to maximise comfort for the longer distances the 787-9 is expected to fly. The Business Suite is the next generation of the ve...
Sukhoi Civil Aircraft Company (SCAC) and Superjet International (SJI) have delivered the third Superjet SSJ100 to CityJet. The aircraft with MSN 95111, registration EI-FWC, was delivered to the customer in Venice from Superjet International’s center as scheduled on October, 27. The aircraft has a 98-seat passenger configuration with the interior designed by the Italian&nbs...
Boeing and UPS today announced an order for 14 747-8 Freighters. The agreement also includes an option to purchase an additional 14 of the cargo airplanes. “These aircraft are a strategic investment for increased capacity for UPS customers around the globe,” said Brendan Canavan, president, UPS Airlines. “The 747-8 will allow UPS to upsize our network in both...
Gogo Business Aviation announces it is expanding its in-flight entertainment (IFE) service, Gogo Vision, to better serve its international customer base by offering studio-licensed movies and TV episodes in seven languages. Gogo is the leading provider of wireless in-flight entertainment in business and commercial aviation. The enhanced language capabilities are part of a larger initiative to p...
