NZ govt sells 20% Air New Zealand stake
Air New Zealand shares are in a trading haft after the New Zealand government announced it is selling down its stake in the kiwi carrier from 73 per cent to about 53 per cent. Shares in Air New Zealand were trading at NZ$1.65 before the trading halt, valuing the 20 per cent stake at about
Size matters – Emirates orders another 50 A380s
As rivalry between Boeing and Airbus reached fever-pitch strong on the opening day of the Dubai Airshow on Sunday, Emirates confirmed the value it has derived from its flagship A380s, with an order for a further 50 of the type. Following delivery of its first A380 in July 2008, Emirates has now taken delivery of
flydubai gives Boeing largest Mid-East single-aisle order
In another big deal for Boeing on the opening day of the Dubai Airshow, flydubai announced a commitment for up to 100 737 MAX 8 aircraft and 11 current generation 737-800s. The commitment is the largest ever Boeing single-aisle aircraft purchase in the Middle East. The Dubai government-owned flydubai placed its first order for 50
Learjet 75 certified
Bombardier’s Learjet 75 has received FAA certification, with deliveries of the eight-seat jet expected to start soon. The new aircraft, which is based on the Learjet 85, promises an up to nine per cent improvement in field performance under hot and high conditions and up to a four per cent improvement in fuel efficiency thanks
Etihad Airways has confirmed its major growth strategy by announcing firm orders for 199 Airbus and Boeing aircraft and no fewer than 294 engines to power them. The deals, announced at the Dubai Airshow on Sunday, sees Etihad order 56 new Boeing widebody aircraft, with options and purchase rights for a further 26, and 87
Boeing formally launches 777X on back of colossal Emirates order
On the back of an Emirates order for 150, Boeing has formally launched its much-anticipated 777X program, announcing program go-ahead, appropriately enough, at the Dubai Airshow on Sunday. In all Boeing has received a record-breaking number of customer orders and commitments for the newest member of its twin-aisle, with agreements for 259 aircraft from four
