Embraer’s firm order backlog has fallen to its lowest level in six years as the world’s third largest planemaker struggles against economic woes in Europe and North America. In a securities filing this week, the Brazilian company said its backlog stood at US$12.9 billion at the end of June, down from $14.7 bn after the
Russian Helicopters and AgustaWestland have announced plans to jointly develop a new 2.5 tonne class single-engine helicopter. The companies said the new aircraft would be marketed worldwide for a broad range of applications. Development of the program will be split evenly between the two, they said. AgustaWestland and Russian Helicopters formed a joint venture called
Boeing has announced provisional orders for 95 new 737 MAX-8 airliners from a pair of leasing companies, as the US planemaker’s upgraded narrowbody continued a strong showing at the Farnborough Airshow. The deals, which had been flagged in advance of the show, included commitments for 75 aircraft from GE Capital Aviation Services (GECAS) and 20
Cathay Pacific has provided a timely boost to Airbus’s largest twin-engine jetliner with an order for 10 A350-1000s. In addition, the Hong Kong carrier will convert 16 existing orders for A350-900s to the larger -1000 version. The deal is the first new order for the 350-seat jumbo jet in four years. Airbus last year pushed
The Qantas Group will take the plunge into Australia’s teeming online accommodation market with a new website called Hooroo. The service will officially launch on July 18, although the website is already live and taking email registrations. Those providing their emails can “expect the odd email filled with travel inspiration and a dash of deals,”
Minister for Defence Stephen Smith and Minister for Defence Materiel Jason Clare yesterday announced the signing of a $124.8 million contract for maintenance and engineering support for the ADF’s Black Hawk and Seahawk fleet of helicopters. The four year contract with Sikorsky Helitech covers the provision of maintenance and engineering services in support of the
