Boeing made its plans to re-engine the 737NG official on August 30, when it announced board approval to proceed with development of a CFM Leap-1B-powered version of the world’s best selling commercial airplane, dubbed the 737 MAX. However, the company has yet to decide where it will build the new family of airplanes.
AIN Air Transport Perspective » September 5, 2011
June traffic statistics released by the International Air Transport Association (IATA) showed a slight softening in demand for both air travel and freight markets. Compared with June 2010, passenger demand increased 4.4 percent while freight demand declined by 3 percent.
Flight trials to demonstrate new procedures intended to improve fuel efficiency and reduce greenhouse gas (GHG) emissions of international flights crossing the North Atlantic have begun.
Despite the increasingly uncertain economic outlook, trading conditions for companies making their living from the air transport aftermarket are improving, according to analysts at Swiss bank UBS.
Bombardier Aerospace continues to suffer from what executives characterized as a soft market for regional aircraft. However, the company stopped short of announcing further cuts to production rates as widely expected.