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Articles & news

 

Sale of aircraft engines: PIA decides to float separate tender

Pakistan International Airlines (PIA) has decided to float a separate tender for the sale of engines of all four grounded A-310 aircraft in order to generate an additional US$ 30 million approximately; it was learnt.

The decision was made after the allegations leveled by offic

Air India defends the sale of Boeing 777 planes to Etihad

Defending itself against the criticism of the Comptroller and Auditor General (CAG), Air India has defended the sale of five Boeing 777-200 LR planes to Etihad, saying it was the best option to check the loss and reduce debt.
The CAG has criticized Air India for selling the aircraft below its indicati

Aircraft Sales Business Leases Office At Airport

A Texas-based entity that once proposed handling Lawton Fort Sill Regional Airport's fixed base operations will be coming to the airport in a smaller capacity.

Members of the Lawton Metropolitan Area Airport Authority, the airport's governing board, agreed Tuesday to rent office

France Joins U.K. in Probing Airbus Financing of Airplane Sales

Airbus Group SE  (EADSF) stock lost altitude Friday after the European plane maker said French authorities had launched an investigation into potentially illegal activities relating to the financing of aircraft sales.
The French probe mirrors an ongoing investigation by the U.K.'s Serious Fraud O

Aircraft sales again lift US durable goods in February

ircraft sales, which can cause large swings in the data, were not the only story, however, as orders excluding the volatile transportation category have now risen for six consecutive months. 

Orders for manufactured big-ticket products continued to rise in Febr

AAR Reports Aviation aircraft & Services Sales Boost in 2017

AAR Corp. reports news business wins during the third quarter of fiscal year 2017, as well as an increase in sales. Third quarter diluted earnings per share from continuing operations of 38 cents, which is an increase of 31% from the third quarter of fiscal year 2016.

Global Business Jet Aircraft Interface Device Sales Market 2017 – Rockwell Collins, Teledyne Control, Esterline Technologies Corporation

Backed by extensive primary and secondary research, the report Global Business Jet Aircraft Interface Device Sales Industry delivers valuable market insights. The report has been prepared using the input from industry experts and features valuable recommendations from senior analysts.

Why business aviation must match commercial for safety

Business aviation's safety record isn't bad but it needs to improve to match commercial air transport, and the Flight Safety Foundation is working to achieve that.

Trump immigration ban puts $20 billion in Boeing aircraft sales to Iran, Iraq at risk

Around $20 billion worth of Boeing commercial aircraft orders to foreign countries could be at risk due to President Donald Trump's immigration action targeting countries such as Iran and Iraq. "We think the president's travel ban could have negative implications for orders from Iran and Iraq," said J

TURBULENT TIMES IN BUSINESS JET FINANCE

Profits and stock prices may generally be up in the U.S., but other big players in the global economy like China, Russia, and Brazil have been struggling. That has meant hard times for business jet manufacturers.