Oct 1, 2007
Aviation industry responding to climate concerns. The aviation industry is taking heat from environmentalists for its role in climate change. Airlines and plane manufacturers are taking steps to reduce emissions, from producing lighter, more fuel-efficient planes to changing schedules and flight patterns to ensure that planes fly as many passengers as directly as possible. Sep 26, 2007
Record Business Jet Deliveries Forecast. Deliveries of business jets could hit an all-time high this year as strong corporate demand offsets concern about rising fuel costs, according to the industry's most closely watched forecast. Overall deliveries of more than 1,000 business jets are expected this year, up from the previous record of 861 in 2006, according to the forecast by Honeywell International (makes cockpit electronics, engines and power units), based on interviews with 1,400 flight departments at companies around the world, mixed with information from plane makers and an assessment of general economic conditions. Honeywell expects more than 1,300 new business jet deliveries in 2008. The sharp rise in deliveries reflects a surge in sales for business jet makers over the past three years, benefiting companies such as Gulfstream, Cessna, Canada's Bombardier and France's Dassault Aviation. Sep 24, 2007 AerCap Holdings, Boeing AerCap Holdings took delivery of a new Boeing 737NG, the seventh of the type the lessor has acquired in the last 12 months. Sep 28, 2007 Air India Air India could finalize another aircraft order by the end of November and the Indian government will not delay granting approval, according to Civil Aviation Minister Praful Patel. "If they complete their fleet planning by November-end, we can give in-principle approval by December," he told India's Economic Times. Sep 27, 2007 BOC Aviation, Airbus, IAE BOC Aviation chose IAE V2500s to power up to 20 Airbus A320 family aircraft including 10 firm and 10 options, worth $240 million if all options are realized. Sep 24, 2007
Boeing forecasts a $2.8 trillion worldwide market for new commercial airplanes over the next 20 years and projects a need for approximately 28,600 new commercial airplanes (passenger and freighter), doubling the world fleet by 2026. The vast majority of these new airplanes will be in the single-aisle (90 seats and above) and twin-aisle (200-400 seats) categories. Sep 27, 2007
Boeing forecasts in its Current Market Outlook that Latin American airlines will need 1,730 airplanes worth $120 billion over the next 20 years as air travel in the region grows, according to an analysis presented Sept. 24 at the Latin America Airfinance Conference in Rio de Janeiro. Air travel within Latin America will grow 6.6 percent during this period, well above the world average growth of 5 percent -- second only to China's 8.8 percent forecasted growth rate. Deliveries to airlines in Latin America will represent approximately 4 percent of the deliveries measured by dollar value worldwide between 2006 and 2025. Sep 27, 2007
Boeing forecasts over the next 20 years, deliveries of new airplanes in Latin American will consist of: 8 percent regional jets - less than 90 seats, 80 percent single-aisle airplanes - 90 seats and above, 12 percent twin-aisle airplanes -- 200-400 seats, tri-class, and less than 1 percent airplanes 747-size or...