Day One of Dubai Air Show Closes with Only One Deal Signed, US Air-Safety Regulators Considering Overhauling Aircraft Certification Process

Day One of Dubai Air Show closes with only one deal signed, indicating tough market conditions. US air-safety regulators considering overhauling aircraft certification process.

 

AVIATION

Day One of Dubai Air Show closes with only one deal signed, indicating tough market conditions.

Not Flying High: Indicating tough market conditions, Day One of the Dubai Air Show closed with only one deal announced. The deal - which involved the sale of two Boeing 787-9 Dreamliners to Biman Bangladesh Airlines - was worth $585mn, a far cry from 2017's Day One sale of jets worth $15.1bn or 2013's record-setting $192bn. 

 

The biennial aerospace expo will run till Thursday, November 21. The order book could still grow significantly. CNBC

 

US air-safety regulators considering overhauling aircraft certification process.

Intervention: In the wake of Boeing's 737 MAX crisis, US air-safety regulators are reportedly considering ways to overhaul how they certify aircraft. Among the measures the Federal Aviation Administration is considering are more dialogue between the organisation and plane makers over the course of development of a new jet and ensuring that "human factors," like pilot reaction time are priorities when jets are designed.  WSJ

 

Accommodation: Speaking of Boeing's 737 MAX grounding, the two deadly crashes associated with that aircraft shifted investors' attention on how companies manage the weakness in demand for larger planes, such as the 777 and A330, that remain their most profitable products. And the slowing passenger growth and slump in air cargo traffic are making airlines turn away from big jets. WSJ

 

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