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Airbus Corporate Jets Wins First A321LR Order for Two Aircraft

WIL BALDWIN August 19, 2020

Airbus Corporate Jets (ACJ) has won the first A321LR order for two aircraft from Lufthansa Technik, highlighting the market appeal and versatility of the A320neo Family. The aircraft will be multi-role capable and can be…

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U.S. Leaves Tariffs on Airbus Aircraft Unchanged at 15%

WIL BALDWIN August 12, 2020

WASHINGTON (Reuters) - The U.S. government on Wednesday said it would maintain 15% tariffs on Airbus <AIR.PA> aircraft and 25% tariffs on other European goods, despite moves by the European Union to resolve a 16-year-old…

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Cathay Pacific Posts Record $1.27 Billion First Half Loss

WIL BALDWIN August 12, 2020

Cathay Pacific aircraft are seen parked on the tarmac at the airport, following the outbreak of the new coronavirus, in Hong Kong SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd reported a record HK$9.87…

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Siemens Mobility Awarded Billion-Euro Order for Deutsche Bahn High-Speed Trains

WIL BALDWIN August 10, 2020

Beginning in 2022, DB will expand its mainline fleet with 30 new high-speed trains. Deutsche Bahn has awarded the billion-euro order to Siemens Mobility. DB called for tenders at the end of 2019 when the…

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Embraer Announces Phenom 300MED Light Jet Medevac Solution

WIL BALDWIN August 9, 2020

Embraer today announced the Phenom 300MED, a unique Medevac solution for Phenom 300 series aircraft, which is also available for retrofit, through a partnership with umlaut and Aerolite. Embraer and umlaut are jointly developing and…

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Boeing Building 4 Additional 702X Satellites for mPOWER Fleet

WIL BALDWIN August 8, 2020

Expanded SES constellation to deliver enhanced global connectivity services Boeing [NYSE: BA] has received a contract to build four additional 702X satellites from SES as the leading global content connectivity provider increases the number of O3b…

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KiwiRail’s Tourism Trains Back on Track for Summer

WIL BALDWIN August 4, 2020

All KiwiRail’s long distance scenic services will be back this summer, giving New Zealanders the opportunity to see their spectacular country from the comfort of a train. “When New Zealand went into its Level 4…

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Air France KLM Announces Second quarter 2020 Results

WIL BALDWIN August 2, 2020

Click the link below to view the entire press release! https://www.airfranceklm.com/sites/default/files/q2_2020_press_release_en_final.pdf

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British Airways Plans to Sell Shares and Avoid Bailout

WIL BALDWIN July 26, 2020

British Airways is scrapping all its Boeing 747 jumbo jets. It’s cutting capacity to prepare for years of weak demand for air travel. Now Reuters sources say owner IAG has a plan to get its…

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Alstom to Supply Taipei Integrated Metro Line 7 Extension

WIL BALDWIN July 18, 2020

The Alstom-led consortium with Taiwanese engineering and contracting services company CTCI reached contractual close on 23 June 2020 for the Phase Two extension of Taipei Metro Line 7. The contract is valued at close to…