The world commercial aircraft maintenance, repair and overhaul (MRO) market will reach a value of $49.2 billion this year, according to recent market research conducted by Visiongain. The commercial aircraft MRO market is forecast by Visiongain to experience growth over the next decade, providing numerous business opportunities.
Boeing and Turkish Airlines on Tuesday completed a firm order for forty 737 MAX 8s, ten 737 MAX 9s and twenty 737-800s, valued at $6.9 billion at list prices. The deal, originally announced as a commitment last month, includes options for another 25 MAX 8s and amounts to the largest Boeing order in Turkish Airlines’ history.
The 328 Group returned to the Aircraft Interiors Expo in Hamburg with a new brand identity that splits the company into its two prime areas of expertise: “328” and “Jets.”
The move reflects 328 Group’s increasing portfolio of interior manufacture and design work on aircraft ranging from small helicopters to large airplanes such as the Airbus A340 and Boeing 767, and its expansion of maintenance expertise under the “Jets” brand. The change also comes following the recent acquisition of a new maintenance facility at London Biggin Hill Airport.
The strong business aviation presence at Malaysia’s LIMA airshow held last month on the island of Langkawi was evidence that the industry’s growth in the Asia-Pacific region extends well beyond China.
An $8 billion order commitment signed by China Aviation Supplies Holding Company (CAS) on Thursday marked a thawing of China’s freeze on a purchase of Airbus widebodies imposed in protest of the European Union’s emissions trading scheme (ETS).
Pratt & Whitney CEO David Hess doesn’t spend time lamenting his company’s decision to forgo a bid for a place on Boeing’s proposed 777X.
The global rivalry between Airbus and Boeing is now firmly rooted on American soil. On April 9, Airbus broke ground on a new A320-series assembly plant in Mobile, Ala., its first U.S.-based production facility. Boeing announced a second-phase expansion of its 787 production facility two states away in South Carolina the next day.
One of the highlights of last week’s Aircraft Interiors Expo in Hamburg, Germany, was French start-up company Expliseat’s unveiling of a new economy-class seat that significantly cuts weight and engineering complexity. The new seat, called Titanium, tips the scales at 8.8 pounds per passenger, which the Paris-based firm claims is around half the weight of traditional airliner seats. This may translate into an estimated 3- to 5-percent fuel saving, or $300,000 to $500,000 per aircraft per year.
Airbus Corporate Jets (Chalet 290), the VIP aircraft sales division of Airbus, sees big opportunities for executive transport in the China market and throughout the Asia Pacific region. Here at ABACE 2013 it is highlighting the big-cabin solutions it offers with its family of VIP airliners.
Honeywell Aerospace’s business and general aviation division started putting down roots in the key emerging market of China just over seven years ago in 2005. Today, the U.S. group believes it has one of the strongest aftermarket networks in the country and, indeed, throughout the Asia Pacific region, with some 42 dealers and service facilities now in place.