Beijing, China | AFP | China signed an agreement Thursday to buy 300 airplanes from US aerospace giant Boeing valued over $37 billion, as part of a multi-billion dollar raft of deals announced during President Donald Trump’s visit to Beijing. The agreement for China Aviation Suppliers Holding Co (CASC) to buy …
Read More »Budget airlines to drive plane demand in next 20 years: Boeing
Singapore, Singapore | AFP | Smaller planes will dominate aviation orders worldwide in the next 20 years, driven by the needs of budget airlines in emerging markets like Southeast Asia, Boeing said Friday. Nearly three in four of the 41,030 new commerical planes expected to be delivered in the period at …
Read More »India clears $650 mn Boeing army chopper deal: defence sources
New Delhi, India | AFP | India approved a $650 million purchase of six attack choppers Thursday from US aviation giant Boeing, officials said, as it boosts its military might amid border tensions with China and Pakistan. The Defence Acquisition Council (DAC), which approves big-ticket purchases, gave the green light to …
Read More »Airlines will need 637,000 new pilots over next 20 years: Boeing
New York, United States | AFP | Airlines will need 637,000 new pilots over the next 20 years to keep pace with the growth of global air traffic, Boeing reported Tuesday in an annual report on the subject. Its latest estimate of the pilot requirements is up 3.6 percent from last …
Read More »Airbus says passenger plane market to double within 20 years
Toulouse, France | AFP | Airbus Friday said it expects the market for large passenger planes to more than double in the next 20 years driven by growth from Asian markets. Raising its previous forecasts for the next two decades, the European aircraft maker also said a slowdown in orders …
Read More »Boeing developing new mid-range plane to rival Airbus
New York, United States | AFP | Boeing is in talks with potential clients about developing a new plane to fit into a niche category now dominated by rival Airbus, a Boeing executive said Tuesday. The new plane, known as the 737 MAX 10X, would offer more range to Boeing’s …
Read More »Trump says new Air Force One too costly: ‘Cancel order!’
Washington, United States | AFP | President-elect Donald Trump called Tuesday for the cancellation of a multi-billion dollar Boeing contract to build the next Air Force One, calling the ballooning costs “ridiculous.” “Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of …
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