Pegasus Airlines, the Turkish low-cost airline headquartered near the Kurtköy region of Pendik, Istanbul, has recently finalized an order with the Boeing Company for five Next-Generation 737-800 aircrafts. These five airplanes are estimated to be valued at around $505 million, based upon anticipated list prices during the scheduled delivery time frame.


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Lufthansa’s Technik AG is opening up a Cyclean Engine Wash Service Station in Australia, making it the fifth continent to have one. The Melbourne facility will join other that are spread across the world, including locations such as Europe, North America, South America, Asia, and the Middle East. The cleaning mechanism is attached to a vehicle, making it mobile if it's necessary to move to other airports. The station has already been tested, and is now ready for all types of customers to use.


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Airbus recently announced its plan to build a pilot and maintenance training center in Delhi which is planned to open by the year 2018. This is intended to support the Indian government’s “Skill India” campaign as well as the predicted continuing growth of India’s airline industry over the next 20 years.


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On March 14, 2016, Santanu Choudhury published an article on MarketWatch.com talking about how Airbus might have Panther work from India. According to the article, Airbus Group SE made an offer to more Panther helicopters from France to India this earlier today. Not only did Airbus Group SE propose this offer, the also suggested that a whole separate assembly line be created for the C295 military transport plane.


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Dassault Aviation, the international French aircraft manufacturer, will be showcasing their fleet of Falcon long cabin, long range business jets in India’s largest civilian aviation exhibition, India Aviation. This will be the fifth occurrence of India Aviation and will open at Hyderabad Begumpet Airport, on March 16. At the prestigious event, Dassault Aviation will be presenting their popular Falcon 2000LXS widebody twinjet.


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Street Insider released a news article about United Airlines and how it is planning to order some new Boeing 737-700 aircrafts. United Airlines is working to order 25 of these aircrafts. It is important to note that these 25 aircrafts are in addition to the 40 737-700’s previously purchased earlier. United Airlines plans to take delivery of these aircrafts sometime during the end of 2017. Because of this new purchase, United Airlines will be able to utilize these more efficient aircrafts. In doing so, the company will also be able decrease the size of its fleet. In total, United Airlines plans to have less than 100 aircrafts in its fleet of 50 seats by the tail end of 2019. Street-insider talks about the newest 737-700s features.
The next-generation 737-700s provide a superior customer experience by featuring cabin enhancements including larger overhead bins that can accommodate additional carry-on bags.
Additionally, the Boeing Sky Interior uses LED lights in the cabin in order to mimic the sky and sunset colors to give off the impression that the interior space is bigger than it really is. On top of purchasing these additional 25 Boeing 737-700s, United Airlines is also planning to throw in the towel for its 747 fleet. However, the United is pushing for its four 777-300ERs and five 787-9s for the beginning of 2017 instead of the anticipated delivery in 2020. Street-insider tell of the other aircrafts United is expecting as well.
In addition to this announcement, United currently has firm orders for 35 Airbus A350-1000s, 153 aircraft from the Boeing 737 family, 10 Boeing 777-300ERs, and 27 Boeing 787s.
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Embraer, the Brazilian aerospace conglomerate, has recently recorded a $101 million provision in their fourth quarter results. This reporting comes after the bankruptcy of Republic Airways on February 25, which resulted in a fourth quarter profit which did not meet the estimates of analysts. The commercial aviation business of Embraer established a 10.4 percent operating margin for the quarter. Not including the Republic Airways bankruptcy provision, the company produced a 13.4 percent margin.


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Republic Airways, the American airline holding corporation which is based in Indianapolis, Indiana, has recently announced that they will be filing for Chapter 11 bankruptcy protection as they plan to leave behind lease deals on various regional jets. As one of the largest regional airlines in the United States, Republic Airways’ decision will be imperiling to their order for 40 Bombardier C Series narrow-body aircrafts. The airline accounts for nearly 16 percent of the total firm order backlog for the 243 C Series jet, making Republic Airways one of the largest C Series customers.


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On February 23, 2016, Gulfstream Aerospace Corp. announced that it will launch a new system testing for the Gulfstream G600 iron bird. In doing so, this shows that the company is continually committed to study and improve the development of the G600 aircraft program.


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Boeing is finally allowed to begin talks with Iranian carriers in regards to their fleet needs. There will be certain restrictions and licensing required for any jetliner sales.  On Friday, February 19, Boeing was allowed to begin talks with approved Iranian carriers in the resurgent Iranian aircraft market.


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