The MRJ aircraft of Mitsubishi will be flying by 2018. Its a regional jet which will compete against CRJ and ERJ. There will be two variant of MRJ i.e. MRJ70 and MRJ90.
Indigo : India’s largest domestic airline, IndiGo, has placed the single largest order . This is the biggest ever for narrow body aircraft by signing an agreement with Airbus for 250 A-320neo (new engine option) aircraft. The list price for A-320 aircraft is $102 million, putting the collective list price of IndiGo order at a whopping
Indian Aviation is extremely happy with the deep cut in fuel prices across the country. Fuel is the major expense head in any schedule or non schedule airline. It generally accounts for 50-55% in the total expense. Due this price cut in Aviation Turbine Fuel ( ATF) , all the stocks have rallied up by