Boeing Co and RAAF flight test world’s first pilotless fighter-like jet

On Tuesday, in a statement Boeing Co and the Royal Australian Air Force (RAAF) said, they had completed the first flight test on a pilotless fighter jet, designed to operate in conjunction with crewed aircraft. The fighter jet, dubbed as the “Loyal Wingman”, is the first military aircraft to be designed and manufactured in Australia…

China’s financial leasing arm cancels orders for 29 Boeing 737 MAX jets

On Monday, adding to its string of recent cancellations, China Development Bank (CDB) Financial Leasing Co stated, it has agreed with Boeing, to cancel the purchase of 29 undelivered 737 MAX jets. The 737 MAX has been grounded globally for more than a year following deadly crashes in Indonesia and Ethiopia. “In light of evolving…

Airbus plans on investing between $539 to 1.08 billion in A220 passenger jet program in 2020

In a statement, the chief executive officer of Airbus SE said, the planemaker plans on investing between $539 million-$1.08 billion (500 million euros and 1 billion euros) in 2020 on its A220 passenger jet program. Earlier in February, Airbus had raised its stake in the program, known as Airbus Canada, to 75%, up from 50.1%,…

U.S. considering blocking sale of GE engines for China’s passenger plane: sources

According to sources familiar with the matter at hand, the U.S. government is weighing options which include stopping General Electric Co from continuing to supply engines for China’s passenger jet. The development will cast a shadow of uncertainty over China’s efforts to enter the civil aviation market. The potential restriction on the sale of plane…

Lessor BBAM adds 3 Boeing 737-800 freighters to service air cargo market

On Tuesday, Boeing Co stated, BBAM, a lessor, had ordered three 737-800 converted freighters to service the growing e-commerce market and the express sectors of the air cargo market. The planes, which will be converted, will come from BBAM’s existing fleet. “This agreement shows how we can serve our customers by delivering efficient and reliable…