Embraer is forecasting demand for 11.000 deliveries until 2042 for aircraft with up to 150 seats. Of these, 2.300 will be jets with up to 100 seats, 6.490 with up to 150 seats, and 2.210 turboprops valued at $650 million. The…
Boeing is looking at increasing the production rate of the 787 beyond the planned rate of ten per month in 2025-2026, but will only go higher if it is convinced that demand is a long-term trend. Boeing Commercial Airplanes President…
Boeing is predicting the airline industry will need 42.595 new aircraft over the next twenty years through 2042, the airframer says in the latest Commercial Market Outlook (CMO) that has been released today. That is up from 41.170 aircraft in last…
Airbus is predicting demand for 40.850 new passenger and freighter aircraft between this year and 2042, up from 39.490 that was predicted last year through 2041. The airframer released its latest Global Market Forecast (GMF) quietly on its website this week,…
Spirit Airlines reduced its Q1 loss to $-103.9 million from $-194.7 million amidst various operating challenges. These included weather and aircraft shortages exacerbated by staffing shortages at air traffic control in Florida and Las Vegas. Spirit Airlines reduces Q1 loss…
Lufthansa’s MRO business unit Lufthansa Technik is benefitting from the strong upward trend in air travel. After a record Adjusted EBIT of €511 million last year, this year promises to become even better. LH Technik expects the MRO industry to surpass…