Airbus says in its latest Global Market Forecast (GMF) in the next 20 years (2013-2032), air traffic will grow at 4.7% annually requiring over 29,220 new passenger and freighter aircraft valued at nearly $4.4 trillion. Some 28,350 (98%) of these…
The market for Very Large Aircraft (“VLA”) is very small niche. We believe this market, for aircraft with more than 400 seats, will continue to be stagnant for four-engine aircraft, and will begin to grow again once the 407- seat…
The LEAP engine from CFM International is progressing in its initial ground testing, and will culminate in engine certification in 2015 and entry into commercial service in 2016. The first leap engine was fired-up on September 4th, and the engine…
This morning Lufthansa confirmed a launch order with Boeing for the 777-9, becoming the first customer for the revised variant. The 777-9 will accommodate 42 additional seats than the existing 365 seat 777-300ER model, and may be a replacement aircraft…
Christoph Franz, Lufthansa’s CEO, is getting ready to move to Roche, a Swiss pharma company. The change at the top of one of Europe’s largest airlines is something of a surprise. The Wall Street Journal reports that Dr Franz’s decision…
Airbus announced that Delta has placed a firm order for 10 A330-300s and 30 A321ceos. The airline selected CFM for the A321s and CF6s for the A330s. Deliveries of the A330s start in 2015 and A321 deliveries are scheduled for…