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Trade alert – BE aerospace at New Highs

Shares of BE Aerospace, Inc. booked a new 52 week high today by trading above $42.69, traders are definitely monitoring BE Aerospace’s price action to see if this move attracts further buying into the stock. BE Aerospace, Inc. manufactures interior products for commercial, military, and general aviation aircraft cabins. The Company serves major airlines and […]

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Plastic takes to skies

Air India has ordered 27 of them, Jet Airways another 10. Most of these aircraft should have begun commercial operations by now, but not one has yet been delivered. Boeing’s new 787 Dreamliner has been inordinately delayed. The ambitious plan that called for 787 parts to be flown in from various places across the world […]

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AA`s largest order of jets in aviation history

Despite a quarter-billion-dollar loss in the second quarter, American Airlines has placed the largest order of aircrafts in aviation history, it has been announced Thursday. The acquisition of the new fleet will improve accommodations for passengers, adding 460 “narrowbody” fuel-efficient models that will reduce petroleum costs – the first of which will hit runways by […]

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Korea to manufacture private jets

Korea hopes to manufacture private jets and other civilian aircraft starting in 2014. The Ministry of Land, Transport and Maritime Affairs on Wednesday revealed a four-passenger aircraft and said it successfully completed a test flight at Korea Aerospace Industries in Sacheon, South Gyeongsang Province. The ministry named the plane “Naraon” after gathering suggestions from the […]

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Boeing orders worth $2.8bn cancelled by DAE

  Dubai Aerospace Enterprise (DAE) cancelled US$2.8 billion (Dh10.29bn) worth of aircraft orders at Boeing as the company continued dramatically scaling down its leasing business.   According to estimates from the aircraft valuation company Avitas, the true value of the planes would be about $1.6bn after standard industry discounts.   The cancellations of 35 single-aisle […]

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CAAP-Airbus joint venture supported by CEB

Cebu Pacific (CEB) is strongly supporting the joint venture between the Civil Aviation Authority of the Philippines’ (CAAP) and Airbus to provide training for the safe and efficient implementation of a full performance-based navigation network (PBN) in 11 airports in the country. “CEB fully backs this CAAP partnership since it will benefit our passengers and […]