2 February 2009

Lufthansa Cargo Executive Board and Works Council agree on short-time work

The Lufthansa Cargo Executive Board and Works Council have reached agreement on the introduction of short time. The details of a corresponding company accord are to be finished by a negotiating commission as soon as possible. Short time would affect around 2,600 employees of the Lufthansa cargo carrier in Germany. The envisaged measures will allow …

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B/E Aerospace reports full year 2008 and 4th quarter financial results

B/E Aerospace announced fourth quarter and full year 2008 financial results. B/E reported 2008 net sales of $2.1 billion increased 25.8% as compared with 2007, operating earnings of $353.8 million increased $106.8 million, or 43.2%, as compared with 2007 and net earnings of $200.6 million and record net earnings per diluted share of $2.12. Fourth …

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Airbus and XAC agree on A320 Family wing equipping programme

Airbus and Xian Aircraft Industry Company (XAC) signed a cooperation agreement relating to the A320 Family wing equipping (Phase IV) programme. A320 Family wings for aircraft to be assembled at the Final Assembly Line in China (FALC) will now be fully completed and tested in Tianjin, China. According to this fourth phase of the agreement, …

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Boeing successfully completes flights of 2 Wedgetail AEW&C Aircraft

The Boeing Company has conducted successful functional check flights of two 737-700 airborne early warning and control (AEW&C) aircraft modified in Australia for Project Wedgetail. During each of the 2.5-hour flights on Jan. 21 and 28 from Royal Australian Air Force (RAAF) base Amberley, pilot Doug Benjamin and first officer Ed Wilson performed a series …

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Airbus and Chinese industrial partners sign contract to establish Manufacturing Centre in Harbin

Airbus and a group of Chinese industrial partners signed a contract to establish a Joint Venture Manufacturing Centre in Harbin, China to manufacture composite material parts and components for the Airbus A350 XWB programme and Airbus A320 Family aircraft. The Chinese partners are Harbin Aircraft Industry Group Company Limited (HAIG), Hafei Aviation Industry Company Limited …

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