Latest News

SpeedNews has been the source for easy-to-read news and information for executives in the commercial, business, and military aviation industries since 1979. Here you will find the latest industry news along with information on SpeedNews newsletters and aviation industry events.

  • 5/7/2019 - AIRBUS delivered 70 aircraft (three A220s; 10 A320ceo Family; 47 A320neo Family; two A330neos; eight A350s) in April 2019 vs 51 in April 2018.
  • 5/6/2019 - Netherlands-based PGGM INFRASTRUCTURE acquired 25% stake in MACQUARIE AIRFINANCE.
  • 5/3/2019 - EMBRAER delivered 11 commercial jets and 11 business jets in 1Q19.
  • 5/2/2019 - BOMBARDIER is consolidating all of its aerospace assets into BOMBARDIER AVIATION and announced plans to divest its aerostructures businesses in Belfast, Northern Ireland and Morocco.
  • 5/1/2019 - SPIRIT AEROSYSTEMS announced MOA with Boeing to maintain 737 production rate at 52 shipsets per month.
  • 4/30/2019 - FAA forecasts US airline enplanements will grow 1.8% per year over next 20 years to 1.3t in 2039 from 880b in 2018; US commercial fleet will increase 0.9% per year to 8,806 aircraft from 7,397.
  • 4/26/2019 - PwC says there were 89 A&D M&A deals valued at $4b in 1Q19 vs 86 valued at $15b in 1Q18.
  • 4/25/2019 - WESTJET opened C$50m, 125,000 sq ft maintenance hangar at Calgary able to accommodate one 787-9 or up to four 737s simultaneously.
  • 4/24/2019 - BOEING COMMERCIAL AIRPLANES earned $1.2b on $11.8b in 1Q19 vs $1.4b on $12.9b in 1Q18.
  • 4/22/2019 - EMBRAER secured type certification for its Praetor 600 super-midsize business jet.
  • 4/17/2019 - ST ENGINEERING completed acquisition of US-based MRA SYSTEMS from GE.
  • 4/16/2019 - EMBRAER received type certification for E195-E2, to enter service in 2H19 with AZUL.
  • 4/15/2019 - AMERICAN AIRLINES has extended cancellations for 737 MAX through August 19 although it expects aircraft to be recertified before that time.
  • 4/12/2019 - SUKHOI CIVIL AIRCRAFT named Ravil Khakimov as its next President.
  • 4/10/2019 - NORDAM emerged from Chapter 11 following equity investment from THE CARLYLE GROUP.
  • 4/9/2019 - EMBRAER nominated Francisco Gomes Neto as new President and CEO.
  • 4/8/2019 - BOEING has temporarily dropped its 737 production rate from 52 to 42 aircraft per month as it works on MAX's MCAS software update.
  • 4/5/2019 - AIRBUS delivered 74 aircraft (five A220s; 13 A320ceos; 44 A320neos; three A330s; eight A350s; A380) in March 2019 vs 56 in March 2018; and 162 aircraft in 1Q19 vs 121 in 1Q18.
  • 4/4/2019 - AERNNOVA acquired Southern California-based STRUCTURAL INTEGRITY ENGINEERING.
  • 4/3/2019 - Nigeria's AIR PEACE ordered 10 E195-E2s, and took purchase rights on 20 more.
  • 4/1/2019 - FAA says it expects to receive Boeing's final package of its MAX's MCAS software update over the coming weeks for approval; it added that more time is needed for additional work by Boeing.
  • 3/28/2019 - WOW AIR has ceased operations after failing to acquire required financing.
  • 3/26/2019 - CATHAY PACIFIC acquired HONG KONG EXPRESS AIRWAYS for HK$4.93b.
  • 3/26/2019 - SOUTHWEST AIRLINES has ferried several 737 MAXs to Victorville, CA for storage.
  • 3/25/2019 - CHINA signed General Terms Agreement to order 290 A320 Family aircraft and 10 A350s.
  • 3/22/2019 - US DOT reports US and foreign airlines serving US carried record 1b pax in 2018.
  • 3/21/2019 - ALL NIPPON AIRWAYS took delivery of its first A380 for Tokyo-Honolulu.
  • 3/20/2019 - US DOT called on Office of the Inspector General to perform formal audit of certification process for 737 MAX 8 to assist FAA in ensuring that its safety procedures are implemented effectively.
  • 3/19/2019 - Taiwan's STARLUX AIRLINES finalized order for 12 A350-1000s and five A350-900s.
  • 3/18/2019 - IRKUT added a third MC-21-300 to its flight test program.

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