XTI Aircraft Company (XTI) announced that after a pause during part of August it is once again accepting investments on the StartEngine equity crowdfunding site. www.startengine.com/startup/xti "We're continuing our successful equity crowdfunding campaign," said Robert LaBelle, Chief Executive Officer of XTI, "after the US Securities and Exchange Commissi...
Flying Colours Corp. the North America-headquartered refurbishment, completions and MRO specialist has redelivered a matching pair of Bombardier Challenger 850 aircraft for an undisclosed Fortune 500 company. The return of the second aircraft in late August - the first was delivered in July - is the conclusion of a project that began with Flying Colours identifying, sourcing, and supporting the in...
Long-time customer grows future with Airbus, changes models United Airlines has increased the number of A350 XWB aircraft it will bring into its fleet, updating and expanding its previously existing order for 35 A350-1000 to 45 A350-900 widebody aircraft to replace older, less efficient aircraft, supporting future growth at the airline. The A350-900 is the cornerstone member of t...
The International Air Transport Association (IATA) announced global passenger traffic results for July showing strong but moderating demand growth. Total revenue passenger kilometers (RPKs) rose 6.8%, compared to the same month last year, down from 7.7% year-over-year growth recorded in June. All regions reported solid or better growth in passenger volumes over the past year. Capacity (availabl...
Russian Helicopters Holding, part of Rostec State Corporation, is to present a Russian and international audience with a brand new utility helicopter Ka-62. The presentation is to take place at the third Eastern Economic Forum to be held in Vladivostok on September 6-7. This is the second flight hardware assembled by Progress Aresenyev Aviation Company. The new helicopter will be publicly prese...
20 year outlook projects 7,200+ new airplanes, valued at $1.1 trillion 6.3 percent increase over 2016 forecast Boeing, China's leading provider of commercial airplanes, projects a demand for 7,240 new airplanes in the country over the next 20 years valued at nearly $1.1 trillion dollars. Boeing's annual China Current Market Outlook (CMO) was released today in B...
Following hard on the heels of LABACE, the business aviation connectivity company Satcom Direct (SD) has become the first service provider to activate the Inmarsat Jet ConneX technology for a Brazilian registered executive aircraft. The privately owned Gulfstream G650, based in São Paulo, will begin using the service in September. The activation of the Jet ConneX, Ka-band technology will...
Contract value more than 500 mill. euros FACC is technology partner in developing overhead stowage compartments and ceiling panels for new A320 “Airspace” cabin Start of series production planned for late 2018 Airbus once again relies on high tech from FACC for its new “Airspace“ cabin in the A320 family: FACC AG has concluded a contract with Airbus...
The European Commission has endorsed under EU state aid rules Germany's plans to grant Air Berlin a temporary €150 million bridging loan. The measure will allow for the orderly wind-down of the insolvent airline Air Berlin without unduly distorting competition in the Single Market. On 15 August, Germany notified the Commission of its intention to grant a bridging loan to Air Berlin. Th...
Rolls-Royce today announced that it has set a new record for the world’s most powerful aerospace gearbox, just months after testing began. Speaking at the International Society for Air Breathing Engines (ISABE) conference in Manchester, UK, Paul Stein, Chief Technology Officer at Rolls- Royce, confirmed that the Power Gearbox had successfully reached 70,000 horsepower while on test at Rolls-...
The Norwegian air ambulance operator Norsk Luftambulanse AS (NOLAS) is the first civil customer to receive an H135 equipped with Helionix. Six additional H135s with Helionix will be delivered to NOLAS in 2017 and 2018. In December 2016, the UK MoD was the first military customer to receive the new H135 with Helionix. NOLAS won a national HEMS (Helicopter Emergency Medical Services) tender in No...
A ceremony to receive the first Embraer ERJ-190 aircraft of Buta Airways was held in Baku. The aircraft arrived at Heydar Aliyev International Airport from the manufacturing plant. By tradition, the aircraft was welcomed at the airport with a water salute. Large-scale work, including establishment of the Azerbaijani low-cost Buta Airways, aimed at reducing air ticket prices, is carried out w...
