October 28th, 2022 11:33 PM 0 COMMENTS

Airbus Reports Third-quarter Net Profits of €667 Million, a 65% Increase

The third quarter saw an increase in net earnings for European aircraft manufacturer Airbus, which said it did so despite a "complex" economic climate. Between July and September, the company's net profit climbed by 65% year over year to €667 million ($666 million). Its revenue increased by 27% to €13.3 billion over that time. The Covid-19 epidemic has caused problems with suppliers, but Airbus still plans to deliver over 700... Read More

October 17th, 2022 2:08 PM 0 COMMENTS

Virgin Atlantic Takes Delivery of Its First A330neo, Marking the Airline’s 50th Airbus Aircraft

Virgin Atlantic, Britain's flag carrier, has taken delivery of its first Airbus A330neo aircraft (A330 - 900) leased from Air Lease Corporation (ALC). The A330neo aircraft will play a crucial role in the company's fleet transformation, marking the 50th Airbus aircraft for the UK-based airline. Also Read: Virgin Atlantic Now Allows People to Wear Uniforms That Express Their True Identity First Airline to Operate the Aircraft Type in the UK With... Read More

September 21st, 2022 12:58 PM 0 COMMENTS

Airbus and Ecocopter Sign MoU for Urban Air Mobility Services in Chile, Ecuador and Peru

Airbus and Ecocopter have signed a Memorandum of Understanding to start collaborating on the launch of Urban Air Mobility services across various countries in Latin America. This is a major step towards the co-creation of a functioning urban air mobility ecosystem in the region. Airbus and Ecocopter to Jointly Develop Urban Air Mobility (UAM) Operations: With this agreement, the partners will explore and define launch scenarios for air mobility operations,... Read More

August 10th, 2022 11:04 AM 0 COMMENTS

Airbus Helicopters Delivers the World’s First ACH160 in Brazil

Airbus Helicopters has delivered the world's first ACH160 to a customer in Brazil on the eve of the 17th edition of the Annual Latin American Business Aviation Conference & Exhibition (LABACE) at Congonhas airport, São Paulo. The rotorcraft will notably be the first H160 to fly in Latin America. Airbus Helicopters: “We are very proud that the world's first ACH160 has been delivered here in Brazil, and look forward to... Read More

July 27th, 2022 4:58 PM 0 COMMENTS

LCI Signs Agreement for up to Six H175 Helicopters From Airbus

LCI, a leading aviation company and a subsidiary of the Libra Group, has today announced an order for up to six H175 super-medium helicopters from Airbus, valued at over US$125 million. First Delivery of H175 in late 2023: The order is for two confirmed aircraft with the first H175 set to be delivered to LCI in late 2023. The agreement provides for a further four options, and builds on LCI’s... Read More

July 26th, 2022 9:51 PM 0 COMMENTS

Airbus Successfully Tests Firefighting Kit on A400M to Combat Wildfires

The ever-increasing threat posed by wildfires is real and needs to be tackled. Airbus has successfully tested a removable firefighting demonstrator kit on the A400M new generation airlifter during a flight test campaign in Spain. Test Conditions, Objective & Prototype Development: The test campaign took place in daylight conditions with a minimum operating height of 150ft, flight speeds as low as 125 knots and drops involving up to 20 tonnes... Read More

July 26th, 2022 2:24 AM 0 COMMENTS

Condor Renews Fleet With Airbus A320neo Family

German Airline Condor Flugdienst GmbH has selected the A320neo Family to modernize its Single-Aisle-fleet. The agreement will cover 41 aircraft, via lease and via direct purchase. The aircraft will be powered by Pratt & Whitney engines. Airbus International: “Following Condor’s earlier decision to order the A330neo for its long-haul network, we are double grateful the airline has now also selected the Airbus A320neo Family to modernise its single-aisle-fleet following a... Read More

April 5th, 2022 12:58 PM 0 COMMENTS

Airbus Cancels the Contract for Another A350 Aircraft with Qatar Airways

The European aircraft manufacturer Airbus has cancelled the delivery of yet another Qatar Airways A350-900. This makes it the third A350 aircraft being cancelled by the manufacturer in what has been an ongoing and increasingly spiteful clash between Airbus and the Gulf airline. Just last week, Qatar Airways raised the stakes as it stated that surface flaws on the A350s increase the risk of fuel tanks igniting. The Ongoing Issue... Read More

February 18th, 2022 7:04 PM 0 COMMENTS

Singapore Airshow 2022: SIA Finalises Seven Airbus A350F Aircraft

Singapore Airlines has finalised a purchase agreement of getting seven A350F freighter aircraft from Airbus. The order was signed during the Singapore Airshow 2022 by SIA CEO, Goh Choong Phong, and Airbus Chief Commercial Officer and Head of International Christian Scherer. The order firms up the carrier's commitment to the new generation freighter announced by the planemaker in December 2021. The newly ordered aircraft will replace the carrier’s existing 747-400F... Read More

January 27th, 2022 5:22 PM 0 COMMENTS

Airbus Beluga Can be Leased for Cargo Services by Private Companies

Cargo shipments through the air is a very complex task and require an aircraft that can move more amounts of storage at the lowest cost possible. Airbus Beluga, famous for its unique design and high capacity to transport goods is now reportedly available to be leased by private companies to move big shipments. Airbus is redefining the way it does business with its Beluga jets. According to a Zeenews report,... Read More

January 21st, 2022 4:55 PM 0 COMMENTS

Airbus Cancels Qatar Airways’ A321neos Orders Amid Airbus A350 Dispute

Over the ongoing dispute between Qatar Airways and Airbus on the Airbus A350 paint degradation issue, Airbus cancelled the order of 50 Airbus A321neos it signed with Qatar Airways. The order was cancelled on January 20 while the pre-trial proceedings took place in British High Court. The aircraft manufacturer’s move to cancel a separate contract with Qatar Airways for a different aircraft model shows the intensity of dispute between the... Read More

January 11th, 2022 7:08 PM 0 COMMENTS

Qatar Airways Seeks $618 Mn Compensation From Airbus in Airbus A350 Paint Issue

According to a court document, Qatar Airways seeks more than $600 million in compensation from Airbus for surface faults on Airbus A350 jetliners. The Gulf carrier is also seeking British judges to force France-based aircraft manufacturer to cease attempting to deliver any more of the planes until a design flaw is remedied. For months, the two corporations have been at odds over damages on Airbus A350 jetliners such as blistered... Read More

January 4th, 2022 7:15 PM 1 COMMENTS

Lockheed Martin Had Plans to Develop Multi-Purpose VLST Aircraft

The American aerospace, arms, defence, information security, and technology corporation Lockheed Martin had plans to build a multi-purpose aircraft capable of accommodating up to 950 passengers. A paper produced by Lockheed Martin titled ‘The Future of Very Large Subsonic Transport Systems’ provides the details of the plane. The article is now in custody with NASA. The idea behind building a ‘Very Large Subsonic Transports’, a.k.a., VLST could be that it... Read More

December 28th, 2021 7:08 PM 0 COMMENTS

IndiGo Receives Eight Airbus A320Neo Aircraft From Leasing Company BOC Aviation

Under a purchase-and-leaseback agreement signed in March 2021, BOC Aviation Limited delivered the last of eight Airbus A320Neo aircraft to InterGlobe Aviation Ltd (IndiGo). BOC Aviation is a state-owned global aircraft operating leasing company based in Singapore. According to a statement from BOC Aviation, the Airbus A320Neo aircraft is powered by CFM Leap engines. “The delivery of these eight aircraft underlines the excellent partnership we have developed with IndiGo, India’s... Read More

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