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Latest News

  • 8/14/2018 - MAGELLAN AEROSPACE has 6-year, C$81m Pratt & Whitney contract to manufacture aluminum castings for GTF engines.
  • 8/8/2018 - ORIX AVIATION agreed to acquire 30% of AVOLON from Bohai Capital for US$2.2b.
  • 8/6/2018 - AIRBUS delivered 77 aircraft (two A220s; 19 A320ceos; 44 A320neos; five A330s; six A350s; one A380) in July 2018 vs 47 (27 A320ceos; nine A320neos; four A330s; six A350s; one A380) in July 2017.
  • 8/2/2018 - BOMBARDIER COMMERCIAL AIRCRAFT lost US$668m on US$616m revenues for 2Q18 vs $119m loss on $626m in 2Q17; it delivered 18 aircraft, including eight CSeries, vs 20 a year ago. BOMBARDIER BUSINESS AIRCRAFT earned US$108m on US$1.31b revenues for 2Q18 vs $99m on $1.39b in 2Q17. It delivered 34 business jets, including 12 Globals, vs 36 a year ago.
  • 8/1/2018 - VANCE STREET CAPITAL acquired minority stake in JET PARTS ENGINEERING, Seattle.
  • 7/31/2018 - CFM INTERNATIONAL signed commercial agreement with IATA to adopt new set of policies to enhance competition in CFM56/LEAP MRO market.
  • 7/30/2018 - AIRBUS rolled out first A350-900 Ultra Long Range (ULR) aircraft out of paint shop for SINGAPORE AIRLINES, which has ordered seven that are all in various stages of assembly.
  • 7/26/2018 - AIRBUS had €213m net income on €14.9b revenues in 2Q18 vs €682m on €13.7b in 2Q17, and says delivery recovery plan for NEO family is in place, but risks remain to meet overall 800-aircraft delivery target for year (does not include 18 A220 deliveries planned in 2H18).

    AMERICAN AIRLINES announced agreement with Airbus to defer 22 A321neos from 2019-2021 to 2024 and beyond to save estimated $1.2b over the next three years; its first A321neo is still due in 1Q19.

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