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July 13, 2016

GE Aviation Finalizes GE9X Engine Program Participant Agreements

Names Partners For Engine Manufacturing

GE Aviation has finalized agreements with IHI Corporation, Safran Aircraft Engines and Safran Aero Boosters as participants in the GE9X engine program. GE9X engine program participants play a significant role, producing a combined total of about 25 percent share of the components for the GE9X engine that will power the Boeing 777X aircraft.

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Embraer Projects Market Demand For 6,400 New Regional Jet Deliveries

Demand Solid In The 70-130+ Seat Segment

Embraer has released its 2016-2035 Market Outlook, which details forecasted deliveries of new aircraft over the next 20 years. The company projects market demand for 6,400 new jets in the 70-130+ seat capacity category (2,300 units in the 70-90 seat segment and 4,100 units in the 90-130+ seat segment), worth $300 billion, by 2035.

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Jetstar Pacific Orders 10 A320s

Aircraft To Meet Expansion Plans At Low Cost Carrier

Vietnam’s Jetstar Pacific Airlines has signed a Memorandum of Understanding (MOU) with Airbus for 10 A320ceo aircraft. The agreement was announced today during the Farnborough Air Show and will mark the first direct purchase of aircraft by the airline with Airbus.

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Boeing Announces Commitment For 30 737s From Unidentified Chinese Customer

Aircraft Valued At More Than $3 Billion At List Prices

Boeing has announced a commitment for 30 737 airplanes from an unidentified Chinese customer at the 2016 Farnborough Airshow.

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COMAC Gets Its Largest Commercial Order From CALC

Up To 60 ARJ21 Aircraft Set To Fly International Routes

Commercial Aircraft Corporation of China, Limited (“COMAC”), Friedmann Pacific Asset Management Limited (“FPAM”) and China Aircraft Leasing Limited (“CALC”), have entered into a tripartite cooperative framework agreement in relation to acquisition of ARJ21 Aircraft (subject to further negotiation to enter into a formal binding agreement)at the Farnborough International Air Show in United Kingdom.

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