Boeing released that employment at its Commercial Airplanes business unit is expected to decline by approximately 4,500 positions in 2009 as part of an effort to ensure competitiveness and control costs in the face of a weakening global economy. The reduction will bring Commercial Airplanes’ employment to approximately 63,500, similar to the level it was
Continental Airlines announced that it has contributed $50 million in cash to its defined benefit pension plans, exceeding its minimum funding requirement for the current period.
Air Transport Group Holdings has completed the acquisition of Miami-based Technical Aero Services. Technical Aero Services (TAS) is an aircraft salvage and after-market parts supplier that has been in business since 1986. Some of TAS’ customers include major national and international carriers such as Air Tran (AAI), Jet Blue (JBLU), American Airlines (AMR), Delta (DAL)
UAL Corporation named Michael Quiello, vice president of corporate safety, security, quality and environment, and Mark Mounsey, vice president of base maintenance for United Services.
With GKN Aerospace’s recent acquisition of the Airbus wing component and assemblies manufacturing unit at Filton, UK, EADS/Airbus has accomplished its aerostructures reorganisation strategy. This initiative combines the divestment of non-core activities and sites in order to establish a network of strong suppliers, allowing Airbus to concentrate on its core business as being an aircraft
Lufthansa Technik AG reorganized its international maintenance business and since January 1. 2009 it is called Lufthansa Technik Maintenance International (LTMI). This new 100-percent subsidiary of Lufthansa Technik has a workforce of approximately 1000 employees, making it a proven competence center for maintenance services. LTMI
Members of the Frontier Airline Pilots Association (FAPA) ratified a long-term labor agreement with the airline. The agreement will extend certain wage and benefit concessions through December 2011. Nearly 85% of votes cast were in favor of ratification. Of the 454 votes cast, 384 voted yes, only 70 voted no.
B/E Aerospace has received a supplemental type certificate (STC) from the FAA which authorizes the company to convert Airbus A300-600 passenger aircraft to freighters. The STC was awarded to B/E Aerospace
The world’s first commercial aviation test flight powered by the sustainable second-generation biofuel jatropha has been successfully completed in Auckland. More than a dozen key performance tests were undertaken in the two hour test flight which took-off at 11:30am (NZ time) from Auckland International Airport. A biofuel blend of 50:50 jatropha and Jet A1 fuel
Premium AEROTEC GmbH started its operations with legal effect on 1 January, thereby finalizing the carve-out process of the former Airbus sites in Nordenham and Varel and the former EADS site in Augsburg within the expected time frame. The business activities of the three sites have now been transferred to the new company. Although Premium
