“China Inc” has agreed to buy 80% of mega-lessor International Lease Finance Corp and optioned another 10%, with major implications for global aviation. ILFC parent AIG, which is still largely owned by the US government after the 2008 bailout following…
COMAC recently announced that the ARJ-21 certification and entry into service will be delayed by an additional 1-2 years, and not enter service until 2015 at the earliest. Having flown a prototype a couple of years ago, this has…
The proposed combination of EADS and BAE Systems could lead to a fully ‘commercial’ company, based on information as we understand it. By ‘commercial’ company, we mean one that is largely free of government interference. As we understand it, the…
Mr Putin’s visit to China was busy. The two nations signed 17 deals. One deal attracted our attention. United Aircraft Corporation (UAC) and COMAC signed a memorandum of understanding on manufacture of a wide-body long-range aircraft. A Russian report states…
Although Airbus and Boeing came off a record year for orders in 2011 and Boeing is expected to have a record year this year as nearly 1,000 commitments for the 737 MAX are converted to orders, there are plenty of…
The framework agreement from a year ago has made huge progress. Yesterday’s announcement is remarkable. Never before have two aircraft companies decided to combine their interests quite like this. It is more than ground breaking. For an airline looking at…