Articles tagged “airbus”

Global planemakers are confident in their ability to meet production targets despite the Western sanctions on Russian exports. The aerospace industry relies on Russian supply of this key metal for aircraft production.

Boeing and Airbus have ambitious plans to deliver hundreds of airplanes to the world's airlines this year, but supply chain woes could imperil their targets. Boeing, in particular, is struggling to meet its goals, said Steve Udvar-Hazy, executive chairman of Air Lease Corp.

Russia has moved to block foreign leasing companies from repossessing their aircraft in the country. More than half of the commercial airplanes in Russia are owned by Western lessors, and the lessors have until March 28 to comply with sanctions and repossess those airplanes. But Russia's move to essentially commandeer those aircraft is a violation of international law and could cost lessors billions of dollars.

With a new order for 30 Airbus A220s, JetBlue is placing a bet on an aircraft that emerged as something of a pandemic-era superstar for airlines, thanks to its small size and lower operating costs.

The airline industry believes travel demand won't recover in the Asia-Pacific region until at least 2024, but when it does, it's expected to come back strong. Airbus believes the region will account for almost half of all new aircraft through 2040, fueled by rapid economic growth and demographic changes that will see the region's middle class expand by more than 1 billion people.

Airbus delivered more aircraft in 2021 than it planned. But with an 11-year backlog of its bread-and-butter A320 family, the planemaker is looking at selling more of its other jets and boosting production rates this year.

Governments will likely use taxes and penalties as incentives to encourage airlines to operate more sustainably over the next decade, but Tony Douglas wants more players in the commercial aviation ecosystem to pay their part.

Boeing's challenges make for an uncompetitive environment given the current state of the aircraft-manufacturing duopoly. And Boeing's woes seems formidable.

After almost two years of retrenching and retiring aircraft, airlines went on something of a shopping spree at the Dubai Airshow. There's almost no clearer sign that airline executives think the recovery is well underway than by spending vast sums of money for new metal.

To capitalize on the almost insatiable demand for air cargo, Airbus is launching a freighter version of its long-range A350 twin-jet aircraft. The move is a tacit acknowledgement, however, that the European manufacturer is playing catch-up with Boeing, which dominates the air freighter market.