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November 24, 2018

Boeing Exec Says Company Did Not 'Intentionally Withhold' MACS Information

CEO Dennis Muilenburg Defends Company's Actions In Internal Message

Boeing CEO Dennis Muilenburg says that accusations that the company "intentionally withheld" information concerning the 737 MAX Maneuvering Characteristics Augmentation System (MCAS) from operators are "simply untrue."

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Airbus: Fleet In Russia And CIS To Double By 2037

Traffic Growth In The Region Will Generate Demand For Over 1200 New Aircraft

According to Airbus’ Global Market Forecast, unveiled at the Wings of the Future conference in Moscow, Russia & CIS’s airlines will need some 1220 new aircraft* valued at US$175 billion in the upcoming 20 years (2018-2037). This means that the passenger fleet in the region will almost double from 857 aircraft in service today to over 1700 by 2037. Over the next 20 years, passenger traffic in Russia & CIS region will grow at the average rate of 4.1% annually with Russia being the major contributor to this growth.

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