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Emirates Chairman Expresses Dissatisfaction with Boeing Over 777X Delays

By | 2024-05-09T17:31:39-04:00 May 7th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

The chairman of Emirates, the Dubai-based airline, expressed dissatisfaction with Boeing regarding delays in resolving issues with its 777X program. During a statement on Tuesday, he highlighted that Boeing had previously committed to addressing these challenges but has yet to deliver on those promises. This situation adds to the complications facing the U.S. planemaker, as [...]

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FAA Launches Investigation into Boeing Over Possible Falsified 787 Inspection Records

By | 2024-05-09T17:13:15-04:00 May 7th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Airline Business, Safety|

The Federal Aviation Administration (FAA) has opened a new investigation into Boeing following the aerospace giant's admission last month that it may have skipped mandatory inspections on some of its newly manufactured 787 planes. The FAA's probe will determine whether the required inspections were actually completed and if there were any instances of falsification of [...]

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Airbus Reports 13% Increase in April Deliveries, Confirms A350F Schedule

By | 2024-05-09T17:18:04-04:00 May 7th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers|

Airbus has reported a significant increase in its aircraft deliveries for April, with a 13% rise compared to April 2023. The European aerospace giant successfully delivered 61 aircraft in April, bringing its total deliveries for the year to 203, as announced on Tuesday. This uptick in deliveries reflects Airbus's ongoing recovery and adaptation strategies in [...]

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Jet Logistics Expands Aeromedical Fleet with Two Hawker Jets

By | 2024-05-09T17:13:15-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Business & Private Aviation, Travel Health|

Jet Logistics, based at Charleston Executive, has enhanced its aeromedical and organ donor transport fleet with the addition of a Hawker 850XP and a Hawker 800XP. These aircraft are noted for their low operational hours and have been updated with executive-quality exteriors and interiors, each capable of seating up to eight passengers. Both jets are [...]

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LATAM Abandons Plan to Acquire GOL’s Boeing 737 Aircraft Leases

By | 2024-05-09T17:32:02-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

LATAM Airlines Group has officially dropped its plans to take over Boeing 737 aircraft leases from GOL Linhas Aéreas Inteligentes, citing a "lack of meaningful engagement" from the Brazilian airline in commercial negotiations. This decision was detailed in a recent filing with the United States Bankruptcy Court for the Southern District of New York, reflecting [...]

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American Airlines Reduces 2024 Aircraft Delivery Forecast by 24%

By | 2024-05-09T17:13:15-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

American Airlines has revised its aircraft delivery expectations for 2024, announcing a reduction in its forecast by 24%. Initially projected to receive 29 new mainline aircraft this year, the airline now anticipates only 22 deliveries. This update was shared by Devon E May, the Chief Financial Officer of American Airlines, during a first-quarter investor call. [...]

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Flair Airlines Announces Reduction in Stake by 777 Partners Amid Strategic Changes

By | 2024-05-09T17:13:16-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business|

Flair Airlines, based in Kelowna, has revealed that 777 Partners, a key investor since 2018, has significantly reduced its stake in the airline. The exact size of the stake reduction was not disclosed, but according to Canada's Globe and Mail, the private investment firm's share has decreased from about 25% to under 10%. This shift [...]

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NetJets Expands Fleet with Major Order of Bombardier Challenger 3500s

By | 2024-05-09T17:32:17-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Business & Private Aviation|

Bombardier Aerospace has officially disclosed that NetJets Aviation, based in Columbus, Ohio, is the client behind a substantial order placed in December 2023. The order consists of twelve Challenger 3500 aircraft, with an option for an additional 232 units. This deal not only highlights the strong partnership between Bombardier and NetJets but also emphasizes the [...]

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National Airlines Expands Fleet, Eyes Boeing 747s Amid Limited Availability

By | 2024-05-09T17:13:16-04:00 May 6th, 2024|@AirGuide Business, Air Cargo, Aircraft Business, Airline Business|

National Airlines, based in Orlando Sanford, is actively seeking to expand its fleet with additional Boeing 747-400 freighters, known for their unique nose-loading capability. Nihal Wickrema, VP of Strategy and Revenue Optimization at National Airlines, expressed the airline's intent to procure more factory-built freighters in the near future. However, the scarcity of these aircraft has [...]

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Bonza’s Financial Troubles Deepen as Insolvency Proceedings Begin in Australia

By | 2024-05-09T17:13:17-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Airline Business, Government & Regulatory|

Bonza, an Australian low-cost carrier based at Sunshine Coast, is facing intensified scrutiny and legal challenges following its collapse on April 30. The airline's administrators, Hall Chadwick, have scheduled the first creditors' meeting for May 10 in Sydney, where the precise number of creditors and their claims will begin to be addressed. This meeting will [...]

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China and Airbus Enhance Aviation Ties with New Memorandum of Understanding

By | 2024-05-08T09:25:14-04:00 May 6th, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers, Aircraft Services & MRO, Government & Regulatory|

China has taken a significant step towards strengthening its aviation industry ties with Europe through a new Memorandum of Understanding (MOU) with Airbus, as reported by Xinhua, the state media agency. This strategic agreement, signed by China’s state planner, aims to deepen cooperation in various aspects of the aviation sector. The MOU between China and [...]

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Embraer’s Has No Plans for Direct Competition with Boeing 737 Max or Airbus A320

By | 2024-05-11T11:47:57-04:00 May 3rd, 2024|@AirGuide Business, Aircraft Business, Aircraft Engines & Suppliers|

Brazil's Embraer is not presently engaged in designing an aircraft to directly rival the Boeing 737 Max or the Airbus A320. Francisco Gomes Neto, Embraer's CEO, has clarified that although the company possesses the capability to develop a larger aircraft, they currently lack immediate plans to do so. According to Neto, embarking on such a [...]

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