- Brazil's Embraer Eyes Doubling MidEast Small Jet Sales[Nov. 12, 2011]
Brazilian plane maker Embraer is looking to double the number of jets it sells to the Middle East and Africa over the next two years.
- Rolls-Royce Sees 2011 Profit Growth[Nov. 11, 2011]
British aero enginemaker Rolls-Royce said it had performed well in the third-quarter and expects to deliver strong growth in full-year profit, shrugging off turmoil in financial markets.
- Gulf Airline Expansion to Roll On Despite European Turbulence[Nov. 11, 2011]
Gulf airlines and lessors could splash out more than US$20 billion on Airbus and Boeing jets at next week's Dubai air show, underscoring the region's role as the industry's chief paymaster amid Europe's worsening sovereign debt crisis.
- Air Lease Posts Third-Quarter Profit of US$18.3 Million[Nov. 12, 2011]
Air Lease Corp., the aircraft leasing company started last year by Los Angeles billionaire Steven Udvar-Hazy, reported a profit for the third quarter, citing strong demand for its aircraft amid airline expansion in many regions of the world.
- AirAsia X Waiting on Markets for IPO, Won't Pull It[Nov. 10, 2011]
Malaysian low-cost airline AirAsia X wants to see an improvement in the economic climate and markets before its planned public share offering, but there is no possibility it will scrap the plan, its chief executive said on Thursday.
- Embraer Opts for New Engines over Boeing Challenge with Big Jet[Nov. 11, 2011]
Embraer SA will upgrade its E-170 and E-190 jets with new engines and wings by 2018 rather than build a larger, all-new model to take on Boeing Co., Airbus SAS and Bombardier Inc.
- Republic Reverses Course[Nov. 11, 2011]
In 2009, executives at regional carrier Republic Airways Holdings Inc. were getting antsy. Its business flying smaller aircraft on behalf of other airlines wasn't showing any signs of growth. Big airlines were cutting back on their contracts or marking down their terms.
- Boeing Says 777 Orders May Set Annual Record, Remain "Strong"[Nov. 09, 2011]
Boeing Co.'s 777, its most profitable jet, may bring in record orders this year as airlines seek more fuel-efficient long-haul planes and Airbus SAS extends development of its A350, an executive for the U.S. company said.
- Airbus Delays A350 Plane, Books US$270 Million Charge[Nov. 10, 2011]
Airbus SAS pushed back planned entry into service of its A350 aircraft by as much as six months as some parts arrive late, marking a setback in the planemaker's effort to challenge Boeing Co.'s dominance in wide-body jets.
- Air France-KLM Posts Steep Profit Slide[Nov. 09, 2011]
Air France-KLM reported a steep slide in profitability in the quarter ended Sep. 30, as passenger traffic was insufficient to offset a higher fuel bill, and set a three-pronged recovery plan to get the airline back on an even keel.