Bloomberg Bombardier Inc. has regained momentum on sales campaigns with its customers, after a US trade ruling in January blocked a proposed import duty on its planes, removing an uncertainty for a jet it spent $6 billion developing. “It’s been a big relief for the industry, it’s a great victory for competition, for innovation, for the rule of law,†Colin ...
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China’s C919 designed to beat Airbus, Boeing off to a slow start
Bloomberg China’s first airliner designed to compete with Airbus and Boeing is off to a slow start. After the fanfare surrounding the C919’s maiden flight in May, the single-aisle plane didn’t fly again for four months and the two test aircraft have only made about two dozen flights since, well below the normal schedule for a new commercial jet. The ...
Read More »HondaJet sees huge potential in China, Southeast Asia
Bloomberg HondaJet, the business aircraft developed by Honda Motor Co., sees big prospects in China and Southeast Asia as wealthy individuals seek out the lightweight plane as an efficiency tool. There’s a “huge potential,†Honda Aircraft Co. Chief Executive Officer Michimasa Fujino said in an interview with Bloomberg Television’s Haslinda Amin at the Singapore Airshow. “I’m looking at the next ...
Read More »HNA’s Hainan Air business model is viable: AerCap CEO
Bloomberg AerCap Holdings NV, the aircraft-leasing company, is willing to work with Hainan Airlines Holding Co. given its viable business model even as its parent HNA Group Co. comes under intense pressure to repay mounting debts. “We’re working very closely with the Hainan group of course at the moment,†AerCap Chief Executive Officer Aengus Kelly said in an interview with ...
Read More »Delhi, Mumbai airport fliers surge as travel growth takes off
Bloomberg Asia, home to some of the world’s fastest growing economies, is seeing some of the biggest passenger growth rates in its airports. India in particular. Among those handling more than 40 million passengers annually, New Delhi took the lead with the number of travelers rising 21 percent in 2016, according to the latest available data from Airports Council International. ...
Read More »Vistara in talks with Airbus, Boeing for $8.5 billion jet deal
Bloomberg Vistara, the Indian affiliate of Singapore Airlines Ltd., is in talks with Airbus SE and Boeing Co. to buy jets worth as much as $8.5 billion as the carrier seeks to tap India’s growing middle class, according to people familiar with the plans. Vistara, a joint venture with majority owner Tata Group, is seeking to buy about 50 narrowbody ...
Read More »China’s Comac expects mass production of C919 plane after 2021
Bloomberg The state-owned Chinese company producing the nation’s first homebuilt single-aisle commercial aircraft expects to start mass production of the plane after 2021 as it seeks to chase markets in Asia and Africa. The C919 jet, built by Commercial Aircraft Corp. of China Ltd., will take about three to four years to get certification for airworthiness from the Civil Aviation ...
Read More »â€˜Changi Airport’s prefunding plan for T5 objectionable’
Bloomberg The airline industry’s most prominent trade body said it objects to any attempts by Singapore to charge travellers to help fund the construction of its new Terminal 5 in Changi Airport. The International Air Transport Association is “strongly against any pre-financing of any infrastructure,†IATA CEO Alexandre de Juniac told a media roundtable as part of the Singapore Airshow. ...
Read More »Boeing, Airbus eye 16,000-plane jackpot as Asia gets airborne
Bloomberg Boeing and Airbus have never had it so good in Asia. The rapid growth of mainland Chinese carriers and the entry of many budget operators has meant billions of dollars in orders for the aircraft makers. At the Singapore Airshow this week, top officials from Airbus SE Chief Executive Officer Tom Enders to Boeing Co.’s vice president of marketing ...
Read More »Jet engines getting smarter
Bloomberg Jet engines used to be slung under a plane’s wing and then largely forgotten about until they came into the hangar for a checkup. More recently they’ve graduated to data downloads that allow engineers to devise maintenance regimes while aircraft are still flying. The next generation of turbines will be way smarter again, according to Rolls-Royce Holdings Plc, communicating ...
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