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…
[Update: Could Boeing extend program?] Boeing has announced that production of the C-17 Globemaster III will end in 2015, and that it will close the Long Beach, California final assembly facility. This is the last aircraft being produced at the…
Air France earlier this week announced 2,800 additional job cuts in 2014, which now will total nearly 8,000 positions eliminated once the Transform 2015 recovery program, that announced 5,100 job cuts in 2011, is fully implemented. The carrier has also…
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…