Global demand for smaller commercial jets will remain robust over the next two decades as passenger traffic continues to grow, according to leading Brazilian planemaker Embraer, which has forecast 8,500 new aircraft deliveries worth about $650 billion by 2045.
Boeing and Riyadh Air have announced that the new carrier’s first two passenger airplanes, 787 Dreamliners, were delivered and arrived in Riyadh, a milestone for the airline as it prepares to launch commercial service.
Dubai Aerospace Enterprise (DAE) has announced a partnership agreement with Blackstone Credit & Insurance to launch a new long-term global investment programme branded Equator that will focus on aircraft on lease to commercial airlines, with a target deployment of $1.6 billion annually.