Air Transport Aircraft & Propulsion
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).
Apr 23, 2008
Outgoing Italian government yesterday approved a €300 million ($475.7 million) loan to Alitalia that may prevent the cash-strapped airline from going bankrupt before newly elected Prime Minister Silvio Berlusconi finds new investors.
Jan 05, 2015
Etihad Airways has taken delivery of its first Boeing 787-9 Dreamliner, the first of an order that includes 41 787-9s and 30 787-10s.
Jan 05, 2015
Royal Air Maroc took delivery of its first 787 at Boeing’s Everett delivery center Dec. 31, arriving in Casablanca on Jan. 5.
Jan 04, 2015
Indonesia AirAsia, the operator of the Airbus A320 that crashed into the Java sea Dec. 28, was not licensed to fly the route Sundays, the day it crashed, resulting in a route suspension by Indonesian authorities.
Jan 04, 2015
Sonar equipment being used in the search and rescue operation for the Indonesia AirAsia Airbus A320 operating flight QZ8501 has detected two large objects on the ocean floor that may be aircraft wreckage, AirAsia said Jan. 3.
Dec 31, 2014
The fire aboard a parked Japan Airlines Boeing 787-8 in January 2013 is one of the most significant events in recent aviation history.
Dec 31, 2014
On the Cover 18 2015 Airline Industry Forecast Maintain the course. Airlines focus on sustaining and growing profitability. By Karen Walker 21 Forecast - North America By Aaron Karp 23 Forecast - Latin America By Aaron Karp 26 Forecast - Asia By Karen Walker
Dec 31, 2014
Lessor GE Capital Aviation Services (GECAS) has signed a firm purchase agreement for five Bombardier Q400 NextGen aircraft plus option on 10 more of the regional turboprops, the Canadian manufacturer announced Dec. 31.