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05-30-2020 07:11
A lawsuit filed in Seattle this week reveals damaged relations between Boeing and an important customer for its largest cargo jets.
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05-30-2020 02:18
Aircraft makers are circling Brazil's Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said.Boeing axed plans to buy 80% of Embraer's commercial unit in April, ending a planned move into regional jets that mirrored rival Airbus' purchase in 2018 of a competing model developed by Canada's Bombardier.China's state-owned COMAC planemaker has voiced informal interest in co-operation with the world's third-largest jetmaker, two of the people said. Russian aircraft manufacturer Irkut has also explored the issue, two others said, though the company denied any current interest.India, another rising aerospace power focusing mainly…
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05-30-2020 02:14
Lufthansa's management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro (8.13 billion pounds) government bailout, the carrier said on Saturday, paving the way for its rescue.The agreement comes after Lufthansa's supervisory board on Wednesday rejected an initial deal with Brussels including conditions that were significantly more painful.Lufthansa and the rest of the airline sector have been hard hit by what is expected to be a protracted travel slump due to the coronavirus pandemic.
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05-30-2020 02:10
The Pakistan International Airlines (PIA) Airbus SE A320 jet that crashed into a crowded residential district of Karachi last week killing 97 people on board was insured for $19.7 million, an airline document showed. Pakistan’s National Insurance Company Ltd was the insurer and Marsh was the reinsurance broker for PIA’s annual policy that runs until Dec. 29, the document on the airline’s website showed. Insurance industry sources said the insurance was reinsured into international reinsurance markets. One source familiar with the matter said AIG was the lead reinsurer.
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05-30-2020 02:07
The captain of a Pakistani airliner that crashed last week, killing 97 people on board, approached Karachi airport without announcing he couldn't open his landing gear and hit the runway three times, a government minister said on Thursday.Search teams recovered the cockpit voice recorder from the wreckage of the Pakistan International Airlines Airbus A320 that crashed into a residential neighbourhood of Karachi last Friday, a spokesman for the airline said. Two people on board survived.Flight PK8303, from the eastern city of Lahore, came down less than a mile short of the runway as it was making a second attempt to…
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05-29-2020 18:39
The crew of an Aeroflot Superjet 100 needed to shut down an engine over Moscow during a short domestic flight yesterday.
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05-29-2020 18:37
UAE carrier Emirates expects its entire fleet of Airbus A380s to have returned to the skies by summer 2022.
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05-29-2020 11:39
On Thursday, the Dallas-based carrier extended its schedule through Jan. 4, 2021. The plans call for about as many flights as it flew at the end of 2019 by the end of this year. That includes growing the number of available seats for sale by 10% or more at its bases in Denver (DEN), Las Vegas (LAS), Nashville (BNA) and Phoenix (PHX).
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05-30-2020 09:26
United Airlines (UA) has announced it is shutting down 13 executives positions and the addition of new flights in its July schedule in the wake of the pandemic.
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05-30-2020 08:41
The final details regarding the bailout package for German carrier Lufthansa have been reached, including increased equity stakes by the German government, slot reductions at Munich and Frankfurt as well as more.
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