North America – Page 523
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News
ISTAT: Lessors urge for bespoke aircraft valuations
Aircraft appraisals should take more tailored approaches towards aircraft valuations, senior leasing executives suggested during a panel discussion at the ISTAT Americas conference in Phoenix on 1 March.
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NewsPiper prepares M600 for third quarter service entry
Service entry of Piper Aircraft’s M600 single-engined turboprop has been pushed back to the third quarter of this year, due to “challenges” with the certification process.
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ISTAT: Appraisers see tight premium for re-engined narrowbodies
Value differentials between the re-engined narrowbodies and their predecessors remain compressed, in the view of appraisers who participated in a panel discussion at the ISTAT Americas conference in Phoenix on 29 February.
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HELI-EXPO: Retired UH-60As could have big commercial future
A Sikorsky UH-60 Black Hawk might seem out of place at a commercial helicopter convention, but several companies were present at this year's Heli-Expo touting modifications and mission kits for retired US Army A-models as they eye a potentially huge supply of feeder aircraft.
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NewsXTi extends TriFan 600 funding window
US start-up XTi Aircraft has extended by a month the window for crowdfunding stakeholders to invest in its TriFan 600 vertical take-off and landing business aircraft, and says it will establish an over-the-counter secondary market to allow current and future shareholders to buy and sell XTi shares on the open ...
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ISTAT: Rolls-Royce dedicates team to easing aircraft transitions
Rolls-Royce is creating a new team of 10 people charged with facilitating transitions of aircraft with mature engines to other operators, having identified this as a priority for leasing customers.
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ISTAT: Boeing hopes for Ex-Im quorum by May
Boeing Capital is hopeful that a nominee to the board of the US Export-Import Bank could be confirmed by May, as the lack of export credit support is increasingly creating challenges in aircraft campaigns.
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ISTAT: Azul indefinitely postpones New York launch
Azul has indefinitely postponed plans to launch service to New York John F Kennedy International airport, as business travel demand from Brazil continues to weaken.
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Honeywell drops UTC acquisition bid
Honeywell on 1 March withdrew a public and controversial bid to acquire rival aerospace engines and systems supplier United Technologies.
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HELI-EXPO: Airbus slashes H225 output, anticipates military rebound
Airbus Helicopters is to dramatically slash output on its H225 over the next two years as it tries to deal with lower demand from the oil and gas market.
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ISTAT: Investors overpaying for older assets – Apollo president
Investors are overpaying for older aviation assets amid the surge of capital into the sector, a senior leasing executive has warned.
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NewsSpectrum to build S-40 business jet in Mexico
US aircraft developer Spectrum Aeronautical is hoping to secure funding by the end of June to launch production of its Freedom S-40 business jet, and has selected Mexicali in Baja, California – 2km south of the US/Mexican border – as the manufacturing and flight test centre for the midsize type.
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HELI-EXPO: P&WC lays out upgrades and PT6 successor plan
Turboshaft manufacturer Pratt & Whitney Canada (P&WC) is working on a series of near-term upgrades for its current engine range, even as it develops a future replacement for its ubiquitous PT6 powerplant due to arrive in around five years’ time.
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HELI-EXPO: Bell outlines progress on new commercial platforms
Bell Helicopter is giving a Heli-Expo debut to its two clean-sheet civil programmes, with prototypes of the light single-engined 505 Jet Ranger X and the super-medium twin 525 Relentless both on display on the show floor.
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ISTAT: Empire plans Q3 debut for Hawaiian freighters
Hawaiian Airlines' first ATR 72 freighter is likely to enter service by the “middle of summer”, says Empire Airlines chief executive Timothy Komberec.
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ISTAT: Delta buys Malaysia Airlines 777
Delta Air Lines has purchased a used Boeing 777-200ER from Malaysia Airlines.
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HELI-EXPO: Bell mulls new clean-sheet launch
Bell Helicopter’s new chief executive Mitch Snyder has again re-iterated his commitment to bringing “disruptive technology” to the rotorcraft market and has dropped the strongest hint yet of its plans to launch an entirely new design.
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ISTAT: Economist predicts oil prices will rise
Oil prices are unlikely to remain at today’s very low rates, but they will not rebound to 2014 levels of over $100 per barrel in the near future, says Avitas economist Adam Pilarski, speaking on 29 February at the ISTAT Americas conference.
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OpinionOPINION: Lessor CIT's take on the widebody technology transition
In this CIT Aerospace analysis of the evolution in twin-aisle technology, the lessor's vice-president of aircraft evaluation and strategy Steve Mason and assistant vice-president James Morrison argue that small and intermediate widebodies are the right-sized jets to expand international networks
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NewsHoneywell makes case for $90.7bn UTC merger
In the face of growing criticisms from major aerospace manufacturers, Honeywell has confirmed details and possible benefits of a proposal to acquire Pratt & Whitney and UTC Aerospace Systems parent United Technologies in a $90.7 billion deal.