The world’s two largest aircraft manufacturers have announced that the Asian market is set for an incredible growth spurt in the coming years. The Asia-Pacific region will dwarf other areas of the world in terms of aircraft sales as over 8,000 planes will find buyers within the next two decades. The total sales are estimated [...]
Posts Tagged ‘aircraft’
Asian airplane sales set to rocket
Thursday, February 4th, 2010Boeing announces big jump in revenue
Sunday, January 31st, 2010Airplane manufacturer has announced a large increase in profits for the fourth quarter of the year. In total, revenue has increased by 42% to $17.9bn or £11bn, which is a staggering amount considering the world recession for industries.
The rise on profit meant the airplane maker reported a net income of $1.27bn. This is in stark [...]
Airbus beats Boeing as the world’s largest plane supplier for the seventh year running
Wednesday, January 13th, 2010For the seventh year in a row, Airbus has beaten its rival supplier Boeing in delivering aircraft with a record 498 planes in total to its customers in 2009. This figure was 15 more than their previous record set in 2008. With an order backlog of 3,500 planes still to be manufactured, it looks like [...]