FlyI, the parent of troubled Independence Air, won $19.5 million in backing from GECAS that defers some aircraft rentals until May 2006, letting it avoid a looming bankruptcy. The loss-making, low-fares regional jet operator, formerly Atlantic Coast, will return between six and 10 50-seat Bombardier CRJs as it cuts routes dramatically. Independence has begun Airbus A319 flights as it diversifies from its regional jet only strategy.
Source: Airline Business
GE Aerospace in 2025 plans to use two of the world’s fastest computers, both at US-government-funded research facilities, to study how its open-fan engine concept will integrate with an aircraft’s wings and other structures.
Developing novel propulsion technologies has proven more challenging than expected, leaving Embraer’s chief engineer now predicting his team would need until 2040 to bring a hydrogen-fuel-cell-powered aircraft to market.
German turboprop manufacturer Deutsche Aircraft is justifying an ambitious outlook for its D328eco, arguing that there are fewer rival manufacturers pursuing the primary markets. Deutsche Aircraft, in its latest full-year financial statement, says its planning for the D328eco “assumes” sales of 1,000 aircraft, based on various market studies – a ...
