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Latin America and Caribbean’s in-service fleet to more than double by 2036

Region’s economy predicted to grow above world’s average in the next two decades From 2017-2036 Latin America and the Caribbean will need 2,677 new passenger and freighter aircraft to meet rising demand, according to the latest Airbus Global Market Forecast (GMF). Valued at US$352 billion, this demand accounts for 2,084 single-aisle and 593 twin-aisle and very large aircraft. This i...

Embraer KC-390 arrives in the United States for a series of flight trials

The new Embraer KC-390 multi-mission military transport and tanker jet will start a series of flight trials in the United States as part of its flight test campaign for certification. The aircraft left Brazil last Saturday and today arrived at Embraer´s facility in Jacksonville, Florida. For the next two to three weeks, the aircraft will be performing tests in the avionics systems, measu...

Garmin® celebrates a milestone in aviation, delivers one-millionth certified product

Garmin International, Inc. celebrated the delivery of the one-millionth certified avionics product from its manufacturing facility in Olathe, Kansas. The milestone product was a GTX™ 3000 DO-260B compliant Mode S Extended Squitter (ES) transponder, which enables ADS-B Out transmissions and features TCAS II/ACAS II compatibility for a wide range of business and transport category aircraft....

The A350-1000 is certified for airline service

With Type Certification achieved, the A350-1000 is ready for first delivery Delivery of the first A350-1000 – the longest-fuselage version of Airbus’ A350 XWB jetliner – is planned before year-end following the aircraft’s Type Certification by the European and U.S. airworthiness authorities. This milestone occurred less than one year after the A350-1000’s maiden...

Jet Aviation holds groundbreaking ceremony for new wide-body hangar in Basel

Jet Aviation hosted an official groundbreaking for its new wide-body hangar project in Basel earlier this afternoon. The event also acknowledged the support of all the many contributors to the project. Jet Aviation’s new 8,700 square-meter, state-of-the-art hangar is scheduled to go operational at the end of 2018. After two years of planning, negotiations and preparation, Jet Aviation was...

Is the current investment climate in aviation favourable for new IPOs?

Being shocked by a number of bankruptcies, for around 7 years the global aviation industry had been subject to diminished enthusiasm from investors. However, since 2016, record-low aviation fuel prices have led to more green on the airlines’ balance sheets, growing cash flows in the market and an increasingly positive outlook on the future of the industry in general. Does this mean that we s...

Airbus A350-1000 receives EASA and FAA Type Certification

Aircraft on target to first customer delivery by year end Following an intensive flight test campaign performed in less than a year, the A350-1000 has received Type Certification from the European Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA). The certified aircraft is powered by Rolls-Royce Trent XWB-97 engines. The EASA A350-1000 Type Certification document wa...

Air Partner announces further JetCard enhancements

Exceptional new food offering Limited edition cards More exclusive events JetCard heralded as leading jet membership   Recently recognised as the most flexible private jet membership available*, Air Partner’s JetCard team continues to enhance its exceptional product offering with the introduction of new gourmet menus across 34 airports in Europe with further expansion p...

Boeing, Avolon Finalize Deal for 75 737 MAX Airplanes

Agreement includes firm orders for 55 MAX 8s, 20 MAX 10s and options for 20 MAX 8s Dublin-based lessor joins growing customer base of the 737 MAX 10, the newest member of Boeing's 737 MAX family Boeing and Avolon, the international aircraft leasing company, today finalized an order for 75 737 MAX airplanes. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 2...

African Business Aviation Association becomes 15th IBAC Member

The African Business Aviation Association has further strengthened its position on the global business aviation landscape with the announcement that it has been voted on to the International Business Aviation Council. The vote, which took place on the 17 November, confirmed AfBAA as the organisation’s 15th member. The result was delivered to AfBAA’s executive committee by Kurt Edw...

Zetta Jet Receives Commitment for $8.5 Million Post-Petition Financing from Scout Aviation II, LLC

Zetta Jet, a global leader in private international, business and luxury air travel, announced today that its existing lessor Scout Aviation II, LLC ("Scout Aviation") has committed to provide up to $8.5 million in post-petition financing. The financing, subject to Bankruptcy Court approval, will enable the Company to satisfy customary obligations associated with the daily oper...

Bombardier Predicts Latin America’s 60- to150-seat aircraft Fleet Will Double by 2036

Bombardier Commercial Aircraft’s Market Forecast 2017-2036 for Latin America predicts that overall traffic is expected to grow 5.1 per cent annually and intra-regional traffic to grow slightly more than the world average at 5.6 per cent annually over the next 20 years. Total deliveries in the 60- to 150-seat marked segment to Latin America are expected to number 1,050 aircraft, or eight p...