The ultra-low-cost carrier Frontier Airlines is set to purchase 12 Airbus A320 family aircraft. Worth an approximate $1.3 billion, the deal includes ten A321 and two A320 airliners which will be used to replace Frontier Airlines’ larger variants while phasing out the Airbus A319 aircraft.
Learn MoreIn June 2015, Airbus Group announced that they will soon start the production of its first aircraft in the United States once the large aircraft components reach the final assembly line in Mobile, Alabama.
Learn MoreBombardier Aerospace is projecting to sell 9,000 light, medium and large business jets over the next 10 years, valuing at $267 billion. Their forecast is based on the expansion of economic activity, globalization of trade, growth in the world’s developing markets, new aircraft programs, aircraft retirements and alternatives to full aircraft ownership, fractional ownership, card programs, and charter.
Learn MoreIn May 2015, Airbus completed the maiden flight of its A320neo equipped with CFM International's Leap-1A engines in Toulouse, France. During the flight, which lasted 4 hours and 25 minutes, the company evaluated the A320neo's airspeed and load factor capabilities at up to 39,000ft and engine speed variation. The aircraft was flown by experimental test pilots Philippe Perrin and Malcolm Ridley.
Learn MoreAirbus has partnered with University of Cincinnati researchers to develop metals that will fortify aircraft components.
Learn MoreThe Mexican ultra-low cost carrier VivaAerobus has received its first delivery of an Airbus A320 that is a part of the 52 aircraft order placed in October 2013. This order of 52 aircraft includes 12 A320ceo and 40 A320neo and was the largest Airbus aircraft order from a single airline in the history of Latin America.
Learn MoreAccording to Reuters, the aircraft leasing firm Dubai Aerospace Enterprise (DAE) is in negotiations with Moelis investment bank to sell its StandardAero aviation services unit for USD$1.8 billion. The auction process is expected to start later this year according to Reuter’s sources. DAE, StandardAero, and Moelis all declined to comment and because the negotiations are not public, the sources asked to remain anonymous.
Learn MoreComposite components for Block IV attack submarines will be supplied through 2020 by UTC components. An agreement signed with Newport News Shipbuilding, a subsidiary of Huntington Ingalls Industries, states that composite components for the next ten Virginia-class submarines to be built of the U.S. Navy will be supplied by UTC.
Learn MoreIn a joint venture between Swiss International Air Lines (SWISS) and Boeing, a $990 million order was placed for three 777-300ERs. Known as an extended range aircraft, the 777-300ER is a twin-aisle aircraft with fuel and cost-effective capabilities. It can hold a total of 386 passengers and travel up to 7,825 nautical miles on a non-stop route. This is following another order between the two companies for six of these aircraft in 2013.
Learn MoreInvented by Roger Shawyer, the EmDrive is a theoretical propulsion system that supposedly could propel objects to near-relativistic speeds. However, the system is being met with much skepticism as it seems to clearly violate the laws of physics. Shawyer explains that it works by repeatedly bouncing microwaves back and forth in a chamber with the idea of creating a propellant-less thruster that can move a spacecraft at extraordinary speeds if enough pressure is applied. He claims that it could gain 3 tons of thrust with 1 kilowatt of power input by essentially moving the particles around the chamber of the thruster in a vacuum.
Learn MoreThe Chinese company DJI has become a leader in the civilian market for drones after raising over $75 million from the venture capital firm Accel Partners. This deal, along with the $30 million investment by Sequoia Capital last year, puts DJI’s value at approximately $8 billion as well as having the distinction of being one of Accel’s largest investments ever.
Learn MoreNASA’s Langley Research Center has been in the process of developing a drone that looks to combine the best qualities of fixed-wing airplanes and rotary-wing helicopters. With a goal of building an aircraft with considerable speed, cargo capability, excellent maneuverability, and no need for large runways, NASA has developed a new drone prototype, the GL-10 Greased Lightning.
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