H160 Source: Airbus Helicopters H160 Source: Airbus Helicopters Close

This first serial H160 is to join the three H160 prototypes in the final steps of the flight test campaign. The prototypes have already accumulated more than 1,000 flight hours.

The last stages of flight testing are geared toward confirming that modifications introduced into the serial configuration have no impact on the H160's handling qualities.

Source: Pratt & Whitney Source: Pratt & Whitney Close

Air Astana is the first airline to operate the GTF engine on two aircraft platforms, currently operating 4 GTF-powered A320neo family aircraft and with an additional 13 aircraft on order. The airline also operates three PW4000-powered Boeing 767 aircraft and 12 V2500-powered A320ceo family aircraft.

In addition to being selected as the exclusive engine for the E2 commercial aircraft, Pratt & Whitney's APS2600E auxiliary power unit (APU) is the sole-sourced APU for the E2 family. The APS2600E APU gives airlines greater flexibility, by increasing the altitude ceiling for ETOPS and other operations, and providing a significant increase in electrical power delivery, to meet the needs of today's airlines.

Since entering into service in early 2016, the GTF engine family has delivered on its promised ability to significantly reduce fuel burn, NOx emissions and noise footprint.

KC-390 Source: Embraer KC-390 Source: Embraer Close

The approved terms define the joint venture comprising the commercial aircraft and services operations of Embraer, in which Boeing will hold an 80 percent ownership stake and Embraer will hold the remaining 20 percent. The transaction remains subject to approval by the Government of Brazil, after which Embraer and Boeing intend to execute definitive transaction documents. The closing of the transaction will then be subject to shareholder and regulatory approvals and customary closing conditions.

Under the terms of the proposed partnership, Boeing will acquire an 80 percent ownership stake in the joint venture for $4.2 billion. The partnership is expected to be neutral to Boeing's earnings per share in 2020 and accretive thereafter. Estimated annual pre-tax cost synergies of approximately $150 million are anticipated by the third year of operations.

Once the transaction has closed, the commercial aviation joint venture will be led by Brazil-based management, including a president and chief executive officer. Boeing will have operational and management control of the new company, which will report directly to Dennis Muilenburg, Boeing chairman, president and chief executive officer. Embraer will retain consent rights for certain strategic decisions, such as transfer of operations from Brazil.

The companies have also agreed to the terms of another joint venture to promote and develop new markets for the multi-mission medium airlift KC-390. Under the terms of this proposed partnership, Embraer will own a 51 percent stake in the joint venture, with Boeing owning the remaining 49 percent.

The transaction is subject to approval by the Government of Brazil, ratification by the Embraer Board of Directors and its further authorization to execute the definitive transaction documents. Once the parties have executed the definitive transaction agreements, the strategic partnership will then be subject to shareholder and regulatory approvals, as well as other customary closing conditions. Assuming the approvals are received in a timely manner, the transaction is intended to close by the end of 2019.

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