Aircraft Value News [October 7, 2024] -

Issue: October 7, 2024

The Persistent Popularity of the A220-100

The Airbus A220-100 is a narrow-body jetliner designed for short to medium-haul flights, seating between 100-135 passengers. It was originally developed by Bombardier as the CSeries before Airbus acquired a majority stake in the program. The aircraft is praised for its fuel efficiency, advanced aerodynamics, and lower operating costs, making…

By: Aircraft Value News

October 7, 2024

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The Nexus of Avionics, Artificial Intelligence, and Aircraft Values

As AI systems enhance the operational performance of aircraft, demand for such planes is surging, driving up base values and lease rates. The global avionics market is on track for major multiyear growth. What’s more, artificial intelligence (AI)-infused avionics upgrades already are influencing aircraft base values and lease rates. According…

By: Aircraft Value News

October 7, 2024

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A350-1000 Takes the Lead in Autonomous Flying

Autonomous aircraft are rapidly emerging as one of the biggest game-changing trends in aviation, poised to reshape the industry well into 2025 and beyond. Innovations in autonomous flight technology have made remarkable strides, particularly in enhancing cockpit automation, setting the stage for a future where fully self-piloted planes could become…

By: Aircraft Value News

October 7, 2024

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Demand Accelerates for Virtual Reality Training in Avionics

Rapid advancements in virtual reality (VR) are transcending gaming and entertainment, finding a pivotal role in industries like health care, engineering, and now aviation. VR training is emerging as a critical trend in avionics, promising to revolutionize how pilots, engineers, and maintenance crews are trained. VR is transforming aviation training…

By: Aircraft Value News

October 7, 2024

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The GEnx-1B64 Engine Remains a Popular Workhorse

The GEnx-1B64 is part of the GEnx family of engines developed by GE Aviation. Specifically, the GEnx-1B64 is outfitted on Boeing 787 Dreamliner aircraft. It is a high-bypass turbofan engine designed to offer greater fuel efficiency and lower emissions compared to previous generations. The GEnx-1B64 provides significant improvements in fuel…

By: Aircraft Value News

October 7, 2024

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Chinese Lessor Places Major Order for B737 MAX 8 Jets

In late September, CDB Aviation Lease, a division of China Development Bank Financial Leasing, placed an order for 50 Boeing 737 MAX 8 jets. This marks the largest order from a Chinese buyer since 2015, when China Southern Airlines made a similar purchase. Deliveries are scheduled to occur between 2028…

By: Aircraft Value News

October 7, 2024

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Engine Spotlight: Demand Stays Strong for the LEAP-1B

CDB Aviation Lease’s order for 50 Boeing 737 MAX 8 jets, placed in late September, is a boon for the LEAP-1B engine. The LEAP-1B engine, developed by CFM International, a joint venture between GE Aviation and Safran Aircraft Engines, powers the 737 MAX family. This power plant represents greater fuel…

By: Aircraft Value News

October 7, 2024

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Rise of the Disruptors: New Planemakers Challenge Airbus and Boeing

For decades, Boeing and Airbus have maintained a dominant duopoly in the commercial aviation industry, controlling the lion’s share of the global aircraft market. However, the winds of change are blowing as new manufacturers begin to challenge this supremacy, threatening to disrupt the entrenched status quo. Companies such as China’s…

By: Aircraft Value News

October 7, 2024

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