Business & GARockwell Collins Avionics Wins Help Boost Earnings [Avionics Today 10-30-2015] Rockwell Collins reported fiscal year 2015 sales at $5.24 billion, a 5 percent increase from fiscal year 2014. Cash provided by operating activities from continuing operations totaled $749 million…
Business & GAJetcraft Forecast Expects 10-Year Demand for 8,775 Business Jets [Avionics Today 10-30-2015] A new report released by aircraft acquisition services/brokerage company Jetcraft foresees a $271.1 billion 10-year outlook for 8,775 business jets through 2024. The forecast also predicts a $7 billion…
CommercialCAS Orders 100-Plus Airbus Aircraft Airbus A330. Photo: Airbus [Avionics Today 10-29-2015] China Aviation Supplies Holding Company (CAS) has signed a General Terms Agreement (GTA) with Airbus for the acquisition of 30 A330 family aircraft and 100…
Business & GABeijing General Aviation Launches Construction on P750 Manufacturing, Maintenance Facility BGA plans to manufacture P750 GA airplanes for the growing GA community in China. Photo: Aerophile [Avionics Today 10-29-2015] Beijing General Aviation Co. (BGAC) officially started the construction of the aircraft production…
Business & GABombardier Announces Dipping Revenues, Future C Series Funding Bombardier C Series aircraft. Photo: Bombardier [Avionics Today 10-29-2015] Bombardier reported sinking revenues, coming in at $4.1 billion for the quarter, down from $4.9 billion during the same period last year, in…
ATM ModernizationGulf Airlines to Spend $200 Billion on Aircraft Through 2025 [Avionics Today 10-26-2015] Middle Eastern airlines plan to invest a combined $200 billion on new aircraft over the next decade, International Air Transport Association (IATA) CEO Tony Tyler told attendees of the…
CommercialEl Al Agrees to 9 Dreamliners El Al 787, rendering. Photo: El Al [Avionics Today 10-29-2015] Boeing and EL AL Israel Airlines have agreed on an order for up to nine 787 Dreamliners, valued at more than $2.2…
Business & GAGEE Doubles Down on Satellite Capacity to Meet Skyrocketing IFEC Demand SES-15 satellite, on which GEE has contracted capacity to grow its IFEC services. Photo: SES Airport [Avionics Today 10-28-2015] Global Eagle Entertainment (GEE) has signed new multi-year, multi-transponder agreements, with SES doubling…