AirInsight US Airline Index Commercial Aviation Start-Up Enginemaker Testing 130shp Mini-Turboprop Engine – PlaneandPilot GE sheds finance assets as it focuses on industrial business – CNBC Sir Tim Clark sends a message – TAC NASA seeks to shrink turbofan cores…
Dublin-based lessor AerCap is seeing the purchase of US-competitor GECAS as a golden opportunity to strengthen its long-term future to the benefit of both customers and investors. The two lessors’ portfolios of aircraft leasing, engine leasing, and helicopters complement each…
Dassault announced today that the Falcon 6X has completed its first flight, which was scheduled for the first quarter of 2021. The maiden flight lasted 2 hours and 45 minutes, with the aircraft reaching FL400 and a speed of Mach…
Boeing has fallen behind Airbus in narrow-body market share, which was already dropping before the MAX grounding. Airbus now holds a 65%-35% lead in narrow-body backlog, a position that is worrisome to Boeing management and its shareholders. Subscriber content –…
LATAM Airlines Group posted a $4.54 billion net loss in 2020 due to the impact of the COVID-19 pandemic. Last year, LATAM was one of the three Latin American airlines to file for Chapter 11 bankruptcy in the US, to have…
In 2020, the average ticket fare dropped 14.5 percent in Brazil, according to the Civil Aviation National Agency (ANAC, in Portuguese). The average price ticket was R$376.29, the lowest on record since the agency started tracking the airfares in 2002. …