Air Transport Aircraft & Propulsion
Apr 24, 2008
Alitalia scheduled a board meeting for late today following the decision by the outgoing government to grant the ailing carrier a €300 million ($477.9 million) emergency bridge loan to continue operations (ATWOnline, April 23). AZ's management is scheduled to meet with its unions this morning.
Apr 24, 2008
Boeing announced record first-quarter earnings of $1.21 billion, up 38% from $877 million reported in the year-ago period, on a 4% increase in sales to $15.99 billion. Despite hiccups in the 787 program, Chairman, President and CEO Jim McNerney said the company was "off to a good start" in what he expects to be "another strong year." Total company backlog as of March 31 reached a record $346 billion, up 32% year-over-year, with growth driven by commercial airplane and V-22 multiyear orders.
Apr 23, 2008
United Airlines parent UAL Corp. suffered a massive $537 million loss in the first quarter, widened precipitously from a $152 million deficit in the year-ago period, and said Tuesday that it will "fundamentally overhaul every facet of our business," starting with the grounding of 30 aircraft and the laying off of 1,100 employees.
Apr 23, 2008
Airbus beginning May 1 will add $2 million to the list price of each single-aisle aircraft and $4 million to each widebody. The increases, which it said are owing to the continued decline of the US dollar and higher metal prices, are on top of the "normal" 2.74% escalation. The manufacturer said the dollar's decline translates into a more-than-15% devaluation. Compounding the problem, metal prices have risen by at least 6.5%.
Apr 23, 2008
Biman Bangladesh Airlines and Boeing finalized a previously announced commitment for four 777-300ERs and four 787-8s at a signing ceremony yesterday in Dhaka (ATWOnline, March 12).
Dec 31, 2014
AirAsia Group CEO and other management visited the military base in Pangkalan Bun, Indonesia, Dec. 31 to meet with those involved in the search and rescue operations for the victims of AirAsia Indonesia QZ8501 that crashed into the sea.
Dec 31, 2014
The four major commercial aircraft manufacturers are well on their way toward certification of their next-generation single-aisle commercial airliners. The Airbus A320neo, Boeing 737 MAX and Embraer E2 families are producing major makeovers and Bombardier is offering its all-new CSeries.
Dec 31, 2014
Swiss International Air Lines (SWISS) must become more “flexible, efficient and competitive,” CEO Harry Hohmeister told ATW on the sidelines of the Association of European Airlines (AEA) summit in Istanbul.
Dec 30, 2014
The Civil Aviation Administration of China (CAAC) has given a type certificate to the Commercial Aircraft Corporation of China (COMAC) ARJ21 regional jet, likely clearing the way for the long-delayed aircraft to enter service in 2015.
Dec 30, 2014
An unidentified customer has signed a firm order for 24 Bombardier CRJ900 NextGen aircraft, the Canadian manufacturer said.
Dec 30, 2014
North African startup Libyan Wings said it is close to beginning operations, but questions remain as to when it will be able to get off the ground.
Dec 30, 2014
Bodies of passengers and debris have been located in the Java Sea, close to the last reported position of AirAsia Indonesia Flight QZ8501 that disappeared Sunday, southwest of Kalimantan, Indonesian Borneo.
Dec 29, 2014
A second day of searching for the AirAsia Indonesia Airbus A320-200 that went missing over the Java Sea early Sunday has turned up no sign of the aircraft, authorities said Monday.