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FAA Lays Off Thousands Amid Funding Stalemate

Airwise Aviation News — Sun, 24 Jul 2011 05:58:53 +0000

The US Federal Aviation Administration laid off about 4,000 of its workers on Saturday after Congress failed to extend the agency's funding.

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Rockwell Collins Profit Misses, Sales View Cut

Airwise Aviation News — Sat, 23 Jul 2011 03:46:17 +0000

Aircraft supplier Rockwell Collins missed quarterly profit estimates on Friday and cut its full-year sales outlook due to delays in funding tied to US government work, sending its shares down more than 4 percent.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

Embraer Eyes Africa Growth Opportunities

Airwise Aviation News — Fri, 22 Jul 2011 00:13:03 +0000

Brazil's Embraer sees Africa as a major growth market and targets doubling the number of its jets operating on the continent, a senior executive at the aircraft manufacturer said.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

Embraer Eyes Africa Growth Opportunities

Airwise Aviation News — Fri, 22 Jul 2011 00:13:03 +0000

Brazil's Embraer sees Africa as a major growth market and targets doubling the number of its jets operating on the continent, a senior executive at the aircraft manufacturer said.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

Boeing 737 Engine Move Is Key Airbus Win

Airwise Aviation News — Thu, 21 Jul 2011 13:29:02 +0000

Airbus is celebrating a victory that tastes even sweeter to the European company than a USD$23 billion deal to sell 260 aircraft to American Airlines: it has just forced Boeing to climb down over product strategy.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

Bombardier Drops On 737 Re-Engine Threat

Editor — Thu, 21 Jul 2011 00:01:28 +0000

Shares of Bombardier dropped on Wednesday after Boeing said it would offer a revamped engine in its best-selling 737 aircraft, a decision that threatens the Canadian company's new C-Series.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

Airbus Open To New Output Increase

Editor — Wed, 20 Jul 2011 23:54:25 +0000

Airbus is ready to look "seriously" at boosting A320 narrow-body production beyond an already record target, but has not yet committed to this, its chief executive said on Wednesday.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

CAE Sells Full-Flight Simulators For CAD$60 Mln

Editor — Wed, 20 Jul 2011 12:58:28 +0000

Canada's CAE said it sold four full-flight simulators and related training devices for CAD$60 million to customers including Russia's Aeroflot and CAE's joint venture project with China Southern Airlines.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

Embraer, China Minsheng Sign Deal For 20 Jets

Editor — Wed, 20 Jul 2011 00:20:41 +0000

Brazil's Embraer signed a Memorandum of Understanding on Tuesday to sell up to 20 executive jets to China Minsheng Banking, marking what may be the first deal for planes from its factory in China.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]

ILFC Has A Distance To Go Before An IPO

Editor — Wed, 20 Jul 2011 00:14:27 +0000

AIG is looking at selling its aircraft leasing business to the public, but it has to contend with two crucial problems ahead of the sale - a relatively old fleet and a recent rise in customers' inability to pay their bills.

[ This news article was originally published on Airwise Aviation News. To read the original version of this article in full Click Here. ]