Financing Industry To Provide Approximately $143 Billion In Aircraft Funding In 2019
Boeing anticipates stable growth and broad, diversified funding will continue to support efficient aircraft financing in the next year. The company’s annual Current Aircraft Finance Market Outlook (CAFMO) evaluates and forecasts financing sources for new commercial airplane deliveries in the coming year and the industry’s overall delivery financing requirements for the next five years. The CAFMO also explores trends within major funding sources and their potential impact on the broader market.
STC Brings A319 And A320 Into Compliance With Fuel Tank Flammability Reduction Rule
The FAA has issued an amended Supplemental Type Certificate (STC) to AerSale for installation of its AerSafeTM system on Airbus 319 and 320 aircraft (ST04010NY), in compliance with the Fuel Tank Flammability Reduction (FTFR) rule.
Stratofly Project Developing Hypersonic Aircraft In The Netherlands
A hypersonic aircraft can travel at velocities up to eight times the speed of sound (i.e. Mach 8), and up to ten times faster than a present-day standard airliner. At those speeds, it would take only three hours to fly from the Netherlands to Australia. Hypersonic aircraft fly in the stratosphere, which results in less air resistance and therefore lower fuel consumption. Another advantage is that there is still ‘space’ in the stratosphere to handle increases in air traffic.
Remote-Controlled Climbing Robots Improve Efficiency In The MRO Sector
Invert Robotics unveiled its latest robot at this week’s International Federation of Airworthiness (IFA) conference in Dubai, hosted by Emirates Engineering. The remote-controlled climbing robots provide significant efficiency improvements for airlines and the aircraft maintenance repair and overhaul (MRO) sector, according to the company.
Airline Says It Is Not Responsible For Strike-Related Compensation To Passengers
The U.K. Civil Aviation Authority has today started enforcement action against Ryanair, following the airline's decision that financial compensation is not payable under European Commission Regulation 261/2004 for flight disruption resulting from industrial action by the airline's staff this summer.
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