Articles & news
BA) will shed more employees as it faces new orders and production slow down for some of the company's current commercial jets.
Israel Aerospace Industries (IAI) is in negotiations with Chinese manufacturer AVIC about co-operating to develop and build an advanced business jet.
Airbus is being sued by some former consultants after the earlier discovery of questionable practices related to aircraft sales led the European plane maker to overhaul its business-partner relationships.
The review and related legal matters may have a material impact on future financial statements, Airbus said in its
Embraer recorded a 35% fall in business jet shipments for the first quarter of 2017, reflecting a prolonged and persistent weakness across the global business aviation sector.
For the three months ended 31 March, the Brazilian airframer shipped 15 aircraft.
Pakistan International Airlines (PIA) Board of Directors (BoDs) had never authorised the sale of A-310 aircraft and had instead ordered an inquiry into the sale of one aircraft to Germany, said spokesman for the national flag carrier on Thursday.
In the first quarter of this year, shipments of Beechcraft King Air turboprops compared to the same period last year fell more than twofold.
Bombardier CSeries - a rebel, stood at the sources of a new class of passenger jets.
The company Boeing announced the second since the beginning of 2017 the massive dismissal of employees. First, 1332 people were fired at the company's production center in Seattle, another 305 engineers and technical workers will be lost in the near future.
According to the Internet portal BizavNews, Global Jet Capital, which develops and delivers financial solutions for companies operating its business aviation, recently published a study of the market in the Asia-Pacific region.
RTTNews.com) - CIT Group Inc. (CIT, CITGQ.PK) said it has completed the sale of its commercial aircraft leasing business to Avolon Holdings Limited, an aircraft leasing company and wholly-owned subsidiary of Bohai Capital Holding Co.