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.
Airbus Open To New Output Increase
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.
CAE Sells Full-Flight Simulators For CAD$60 Mln
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.
Embraer, China Minsheng Sign Deal For 20 Jets
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.
ILFC Has A Distance To Go Before An IPO
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.



