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Daily Archives: October 23, 2013

Bombardier discloses CDB Leasing Co., Ltd. China as customer for last year CSeries order

By BA Staff Image courtesy Wikipedia. Author Alexandre Gouger. Bombardier Aerospace announced that CDB Leasing Co., Ltd. (CLC), one of China’s top leasing companies, is the previously announced undisclosed customer that signed a conditional purchase agreement for five CS100 and 10 CS300 jetliners. The purchase agreement also includes options on an additional five CS100 and 10 CS300 aircraft, for a …

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Boeing reports robust third quarter fiscal 2013 results. Raises full year earnings guidance

by Devesh Agarwal Chicago based, US aerospace and defence giant The Boeing Company reported earnings of $1,160 million, a massive 12% jump in its third-quarter profit compared to $1,030 million from the same period a year ago. The company has also raised its 2013 financial performance outlook, based on an increase in commercial aircraft deliveries. Key highlights of the quarter …

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Boeing lowers 747-8 production rate as demand slows

By BA Staff Boeing announced that it will adjust the production rate for the 747-8 program from 1.75 airplanes to 1.5 airplanes per month through 2015 because of lower market demand for large passenger and freighter airplanes. Eric Lindblad, vice president and general manager, 747 Program, Boeing Commercial Airplanes said:  “This production adjustment better aligns us with near-term demand while …

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AirAsia shifts operations to New International Terminal Chennai (NITC)

By BA Staff AirAsia is shifting its operations in Chennai, from Anna International Terminal, Chennai Airport to the New International Terminal, Chennai (NITC) effective from 21 October 2013. From the effective date onwards, flight departure from Chennai will be based and operated at the NITC. Arrivals will be at the old terminal. AirAsia guests with flights from the NITC are …

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Etihad Airways and Korean Air expand codeshare agreement

By BA Staff Etihad Airways, the national airline of the United Arab Emirates, has expanded its codeshare agreement with Korean Air, South Korea’s largest airline, to include six new destinations. In the second phase of cooperation, Etihad Airways will place its EY code on Korean Air services from Seoul Incheon to Honolulu, Vancouver and Hong Kong. Korean Air will place …

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Mahindra Aerospace inaugurates new aerostructures facility in Bangalore

By BA Staff Mahindra Aerospace inaugurated its state-of-the-art 25,000 sq.m. aerostructures manufacturing facility at the Narsapura Industrial Estate near Bangalore. This service-oriented facility has the ability to accurately craft large, complex sheet metal parts using CNC routing, stretch-forming, bladder press, heat treatment and other specialized equipment. Mahindra Aerospace today also announced the signing of a technology partnership with the Aernnova …

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