British Airways announced plans to re-structure its business with a 35 per cent reduction in the number of its 1,715 managers by March 2008. The figure comprises a 50 per cent reduction in senior managers, from 414 jobs to 207, and a proposed 30 per cent reduction in middle managers from 1,301 jobs to 911 […]
British Airways plans a reduction of 35% in management staff Read More »
Bombardier announced a profitable third quarter amidst continued challenging aerospace industry conditions. With four of its airline customers under bankruptcy protection, the Corporation nevertheless reported earnings before income taxes from continuing operations (EBT) before special items of $27 million. -Consolidated revenues of $3.3 billion USD -EBT before special items of $27 million USD -Free cash
Bombardier shows 3rd Quarter profitable Financial Results Read More »
Qantas announced that it would increase the number of services it operates to New York from three to five per week from 27 February 2006. The Executive General Manager of Qantas, Mr John Borghetti, said the addition of two extra services each week, operating from Sydney via Los Angeles, would provide customers with additional choices
Quantas to increase number of services to New York Read More »
Malaysia Airlines released its second quarter results for the period ending September 2005, reporting a net loss of RM367.7 million. With the loss of RM280.7 million reported for the first quarter, the net loss for the six months is RM648.4 million. The second quarter loss was primarily attributable to continuing high fuel prices. Fuel costs
Malaysia Airlines Reports Second Quarter Loss Read More »
A J Walter Aviation, the aircraft support specialist, has recently been listed on the Qantas approved supplier listing following a recently completed
A J Walter Aviation achieve parts supplier approval from Qantas Read More »
Skyways Aviation has arranged the long term lease of 5 ERJ aircraft from Chautauqua Airlines of the U.S. (a subsidiary of Republic Airways Holdings) to Aerolitoral of Mexico. The first three aircraft, serial numbers 145203, 145337 and 145444 were delivered in September 2005 and two further aircraft leases were closed on 28th November (serial numbers
Skyways Aviation arranges leases of five ERJ 145 aircraft Read More »
The International Air Transport Association (IATA) released industry traffic results for the first 10 months of 2005 showing a weakening trend for both cargo and passenger traffic. October passenger traffic grew 6.0% compared to the same month in the previous year. This is considerably slower than the 7.9% recorded for the January-October period and is
Passenger Traffic Growth Slows, Freight Remains Flat Read More »
China Airlines has invested in China Aircraft Services Limited (CASL), based in Hong Kong. Beginning in January 2006, China Airlines will switch its aircraft maintenance work at Hong Kong airport from HAECO to CASL. CASL offers a comprehensive range of aircraft maintenance and support services which cover maintenance operations, cabin services, ground support equipment, supply
China Airlines purchases a 20% share in China Aircraft Services Limited (CASL), Read More »
Federal Aviation Administration (FAA) Administrator Marion C. Blakey called for federal mediation to help the agency reach a voluntary contract agreement with the air traffic controllers union which comes after four and a half months of negotiations. The FAA’s contract proposal maintains the base-pay of current controllers, who are among the highest paid federal workers.
CAE will invest a planned $630 million in Project Phoenix, a research and development (R&D) program that will span the next six years, with the goal of improving current leading-edge technologies and developing additional ones in simulation, modelling and services. As the largest integrated R&D initiative ever undertaken in CAE
CAE will invest a planned $630 million in Project Phoenix Read More »
