FADEC Alliance signs agreement with Lufthansa Technik to provide FADEC availability services for leap engines globally.

Posted by MarketsandMarkets on Jan 22, 2019 12:29:26 PM

In Jan 2019, FADEC Alliance signed a 25-year agreement with Lufthansa Technik to provide Full Authority Digital Engine Controls (FADEC) availability services for LEAP engines globally. LEAP engines are high by-pass turbofan engines which are highly reliable and high performance, enabling 15% lower fuel consumption as well as life cycle maintenance costs in comparison to the best CFM56 engines.

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Topics: Aerospace and Defence, aircraft engine market

Rolls-Royce to Build the World’s Fastest All-electric Aircraft by 2020

Posted by MarketsandMarkets on Jan 9, 2019 4:09:17 PM

In a move that could change the way aircraft fly, Rolls-Royce, in January 2019, announced the development of the world’s fastest zero-emission all-electric aircraft by 2020. This green aircraft will be developed under the initiative “Accelerating the Electrification of Flight (ACCEL),” which involves players, such as Rolls-Royce, the Aerospace Technology Institute, YASA, an electric motor manufacturer, and Electroflight, an aviation start-up, and is partially supported by the UK government. Rolls-Royce, in its ambitious project, is aiming to reach 300+ mph and is expected to break the record of 210 mph among all-electric airplanes set by the Siemens airplane in 2017.

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Topics: Aerospace and Defence, aircraft market

UAE’s USD 272 Billion Investment Towards Upgrading Its Aviation Sector

Posted by MarketsandMarkets on Jan 3, 2019 6:18:06 PM

The Middle East is the world’s dynamic region when it comes to the rapid development of its resources, infrastructure, and growing its demand to the world. Once entirely dependent on the oil & gas sector, it is now home for the world’s third busiest airport with no signs of slowing down.  As per IATA, the Middle East is expected to experience robust growth at 5% with an increase in 322 million passengers a year on routes to, from, and within the region by 2036. To cater this exponential demand, the Middle East needs to overcome the fragmented airspace structure and with efficient infrastructure.

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Topics: Aerospace and Defence, air traffic management market, FIGURE 2 UAE AIR TRAFFIC FORECAST

Boeing and Embraer approve terms of the strategic joint venture for commercial aviation; waiting for the Brazilian Government approval

Posted by MarketsandMarkets on Dec 20, 2018 5:58:08 PM

Boeing is expected to further expand its business aviation segment with the strategic joint venture with Embraer - one of the major business jets and light jets manufacturers.

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Topics: Aerospace and Defence, Boeing, Embraer, commercial aircraft manufacturer, aviation market, aerospace market

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