Growing Demand Expected Across Commercial Air Travel, Defense, Space And Services Markets

A strong commercial aviation industry, stable defense spending and the need to service all platforms throughout their lifecycle are driving a growing aerospace and defense market, according to the Boeing Market Outlook. Released Monday at the Paris Air Show, the outlook values the aerospace and defense market at $8.7 trillion over the next decade, up from $8.1 trillion a year ago.

The Latest Evolution Of The A321neo Has A 4,700nm Range

Following the very positive feedback from the market, Airbus has launched the A321XLR to complement its best-selling A321neo Family. The A321XLR thus becomes the next evolutionary step which responds to market needs for even more range, and creates more value for the airlines by bringing 30% lower fuel burn per seat than previous-generation competitor aircraft. Starting from 2023, the aircraft will deliver an unprecedented Xtra Long Range of up to 4,700nm – 15% more than the A321LR and with the same fuel efficiency.

Airliner Is Now Expected To Be Carrying Passengers Again In December

The FAA Associate Administrator for Aviation Safety said last week that the agency anticipates that the Boeing 737 MAX will be returned to revenue service in December of this year following two accidents which resulted in a total of 346 people five months apart.

Agreement Includes The New A321XLR

Air Lease Corporation (ALC) has signed a Letter of Intent (LoI) for 100 Airbus aircraft, including for the first time 50 A220-300s and 27 A321XLRs. The agreement also includes an incremental order for an additional 23 A321neos.

Order Includes 20 Firm Aircraft And 19 Options

Embraer has signed a contract with United Airlines for up to 39 E175s. The order comprises 20 firm aircraft and 19 options in a 70-seat configuration. The order has a value of $1.9 billion, based on Embraer's current list prices, with all options being exercised. The firm order will be included in Embraer's 2019 second-quarter backlog.

Deal Includes Eight Firm Orders And Six On Lease From ALC

Virgin Atlantic has selected 14 A330-900s to replace its A330ceos from 2021, with options to further expand its fleet of highly efficient wide-body aircraft. The firm order for eight aircraft and six additional on lease from Air Lease Corporation (ALC), was signed at the Paris Air Show by Shai Weiss, Virgin Atlantic CEO and Guillaume Faury, Airbus CEO.

Lessor Responds To Strong Demand For Boeing’s Newest Freighter, Exercises 10 Purchase Rights

GE Capital Aviation Services (GECAS) signed an agreement with Boeing at the Paris Air Show exercising 10 purchase rights to firm orders and adding 15 more purchase rights for the 737-800 Boeing Converted Freighter (BCF).

Will Be The Exclusive Provider Of Airbus A330 And Boeing 787 Pilot Training

CAE and Air Europa announced today at the 2019 International Paris Air Show the extension of CAE’s exclusive long-term pilot training contract with Air Europa for five more years. Under the terms of the agreement, Air Europa's Airbus A330 and Boeing 787 pilots will train at various CAE European training centers including CAE Madrid, CAE Rome and CAE Gatwick.

Company Announces Commercial Name For Regional Aircraft Product Family

Mitsubishi Aircraft Corporation officially has announced its Mitsubishi SpaceJet family of aircraft. SpaceJet is the commercial name for the product family that includes the SpaceJet M90 (previously known by the developmental designation of MRJ90) and a new member, the SpaceJet M100, a new standard in regional air travel. The Mitsubishi SpaceJet family of aircraft is designed to address demand in the underserved regional jet market by delivering ultimate comfort for passengers and unmatched aircraft performance with more profit potential for airlines.

United Technologies Says It Will Hire 1,000 People For The Unit

United Technologies Corporation (UTC) will hire 1,000 new employees for its Pratt & Whitney unit in Connecticut following UTCs merger with Raytheon, according to Connecticut Governor Ned Lamont.