Design Q and BAE Systems to offer innovative interior designs

Design Q and BAE Systems are teaming up to provide modern, contemporary and stylish interior designs for the Avro Business Jet (ABJ). The RJ70 currently being completed by Inflite Engineering Services at London Stansted for Hemus Air of Bulgaria is the first with a Design Q-inspired interior. It features a modern, innovative mood-lit cabin with a double club 4 executive seating and dining and divan area, with a separate 12-seat business class seating cabin for company support staff.

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ETA Star Group orders seven Embraer 170 Jets

Embraer signed a contract for the sale of seven Embraer 170 jets to ETA Star Group, of Dubai, with options for three more, and five purchase rights for any E-Jet model. The aircraft will be operated by the newly-created Star Aviation Pvt Ltd., of India. The deal, at list price, comes to $220.5 million, and could total $472.5 million, if all options and purchase rights are confirmed for the Embraer 170. Based in the city of Chennai, south India, Star Aviation will use the Embraer aircraft to operate regional routes on the Indian subcontinent, serving medium and low density markets. Read more

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Boeing celebrates debut of the new 777 Freighter

Boeing debuted the new 777 Freighter on May 21. With a maximum takeoff weight of 766,000 pounds (347,450 kilograms), the 777 Freighter will have a revenue payload capability of 226,000 pounds (103 metric tons). Following the debut events, the 777 Freighter will prepare to begin the flight test and certification program in June. The first 777 Freighter will be delivered to Air France in the fourth quarter.

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XOJET secures financing agreements for up to $2.46 billion

XOJET announced financing agreements for up to $2.46 billion to fund its North American operations and global expansion strategy. XOJET also announced the proposed launch of a separate joint venture with investment company Tasameem Real Estate Company, LLC (Tasameem) to be headquartered in the United Arab Emirates

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Babcock & Brown Air to acquire three aircraft

Babcock & Brown Air announced that it will acquire three aircraft, increasing its portfolio to 62. The new aircraft are: one Airbus A320-200 on lease to Virgin America (U.S.), one Boeing 737-800 on lease to Sky Airlines (Turkey) and one Boeing 757-200SF on lease to Icelandair (Iceland). The three aircraft will cost approximately $103 million. The acquisitions are being funded from the Company’s five-year, $1.2 billion aircraft acquisition facility. Following these acquisitions, B&B Air will have purchasing capacity of $584 million remaining in this facility.

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Rolls-Royce forecasts business aviation growth

Rolls-Royce predicted continued growth in business jet deliveries through the remainder of the decade and forecast an engine market worth $110 billion over the next 20 years, with medium and large business jets dominating in terms of aircraft and engine value. Rolls-Royce forecasts that 79,000 engines, valued at $110 billion, are needed over the next 20 years to meet a demand for 39,000 new business jet aircraft, from very light jets to business jetliners. Demand is being augmented by an increase in deliveries to non-USA markets coupled with the introduction of new models, which will add a further stimulus to Read more

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