Boeing continues taking new MAX orders this week, with lessor SMBC Aviation Capital signing up for 25 incremental MAX 8s on Tuesday. The aircraft will be delivered in 2028 and 2029. The latest order brings the total backlog of the Dublin-based…
China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”) signed lease agreements for three Airbus A321neo with KLM Royal Dutch Airlines. “We are thrilled to be expanding our long-standing relationship with KLM through the addition of these brand new A321neos…
UPDATE – Not 1.000, but another 600 and 700. That is the number of incremental shop visits that Pratt & Whitney-parent RTX is guiding for inspections and repairs of Geared Turbofan (GTF) engines that are affected by the powder metal…
RTX provided an update on the GTF issue. RTX expects the issue to cost $3-3.5bn, with a $3bn charge booked in 3Q23 (P&W has a 51% share). Pratt & Whitney (P&W) sees 600-700 engines coming in for accelerated shop visits…
Where Boeing has got a foot in the door at Vietnam Airlines thanks to the airline’s commitment to order fifty MAX 8s, Airbus seems to have done the same with Biman Bangladesh Airlines. French President Emmanuel Macron said on Monday after a…
The Airbus A320neo and the Boeing 737MAX families have substantial backlogs, as they promise better fuel efficiency than earlier models. New engine technology with the CFM Leap and Pratt & Whitney GTF promises 15-16% better fuel efficiency than the older…