Airliner leasing pioneer Steven Udvar-Hazy is back in business with a vengeance. Barely six months after leaving the ILFC group that he founded back in 1973, following a failed bid to take control of a stake in the company from its troubled AIG parent, Udvar-Hazy's new Air Lease venture gave the industry a welcome shot in the arm by ordering about $10 billion worth of aircraft at July's Farnborough International Airshow.
AIN Air Transport Perspective » August 13, 2010
August 13, 2010 - 8:38am
A decision to re-engine the Boeing 737 will hinge largely on the company's ability-or lack thereof-to introduce an all-new narrowbody by the end of this decade, Boeing CEO Jim McNerney said last month.
August 13, 2010 - 8:33am
EADS has raised its order projection for its Airbus unit this year to more than 400 aircraft from its previous estimate of between 250 and 300 following a better-than-expected sales showing at last month's Farnborough airshow and indications of further strengthening in the narrowbody market in particular.
August 13, 2010 - 8:24am
Citing “a couple of workmanship issues, and a design issue or two,” Boeing CEO Jim McNerney planted another seed of doubt about the company's chances of delivering the first 747-8 before year-end. In fact, McNerney said the 787 Dreamliner-from which Boeing has already exhausted most of its schedule margin for delivery this year-stood a better chance of meeting its 2010 delivery goal than did the 747-8.
August 13, 2010 - 8:17am
Qatar Airways CEO Akbar Al Baker's surprise revelation at the Farnborough airshow that "issues” with the Pratt & Whitney PW1000G geared turbofan engine had blocked an order for as many as 90 Bombardier C Series jets at the show seemed the last thing P&W needed at a critical time for the engine program.
