At the same time as releasing third-quarter 2018 figures, Bombardier, the Canadian plane and train manufacturer, has announced its intention to streamline the business in an attempt to reduce annual expenditure by US$250 million at full run rate through the loss of up to 5,000 jobs by 2021. According to the company, this will be
On October 29 a Lion Air Boeing 737 MAX crashed into the sea shortly after taking off from Jakarta, Indonesia, killing all 189 passengers and crew on board. The focus of the investigation has turned to the flight data sensor and possible incorrect readings. According to Bloomberg News, “under some circumstances, such as when pilots
Subsequent to a Memorandum of Understanding (MOU) signed in July at the Farnborough International Airshow, Vietjet Aviation Joint Stock Company (Vietjet) has signed a firm order for 50 Airbus A320neo single-aisle jets, valued at approximately US$6.5 billion at list price. Nguyen Thi Phuong Thao Vietjet President and CEO commented: “The fuel efficient A321neo will enable
With the agreements already in place with Uruguayan, Colombian and Brazilian authorities, Chile’s antitrust court has given its approval to LATAM’s plan to strengthen its ties with American Airlines Group, and IAG’s British Airways and Iberia Airways. Approval relates to both passenger and cargo planes, all four carriers being members of the OneWorld Alliance. Enrique
Spirit AeroSystems Holdings (Spirit), headquartered in Wichita, Kansas, USA, and one of the world’s largest non-OEM designers and manufacturers of aerostructures for commercial and defense aircraft has released its financial results for the third quarter of 2018. Commenting on the results, the Company President and CEO, Tom Gentile, confirmed that: “A full schedule recovery and
Monday’s annual U.K. budget has seen the Chancellor of the Exchequer, Philip Hammond, freeze levies on short-haul flights, but increase levies on long-haul flights in line with inflation. The aviation industry has already expressed anger at the decision, indicating that it makes a mockery of the ambition to become a ‘Global Britain’ after leaving the
Boeing has opened its first component factory in Europe, at Sheffield in the U.K. The premises will be used for the manufacture of actuation system components for the Boeing 737 and 767 jets from raw materials sourced in the U.K. Parts by the thousand will be produced each month, then shipped to Boeing’s Portland, Oregon
According to International Airlines Group (IAG), owner of British Airways, since its announcement on September 6 that up to 380,000 customers may have had their personal data, including credit card details, compromised, further investigation of the incident has revealed the possibility that an additional 180,000 customers’ data may also have been compromised. At the same
The International Air Transport Association (IATA) has called for urgent action by the UK and the European Union to put in place contingency planning for the continuation of air services in the event of a ‘no-deal Brexit’, and to move much faster to bring certainty to three critical air transport issues: the uninterrupted continuation of
Aegean Airlines has selected the Pratt & Whitney GTF™ engine to power up to 62 Airbus A320neo Family aircraft: 30 firm, 12 option, and up to 20 leased aircraft. Pratt & Whitney will also provide the airline with engine maintenance through a long-term EngineWise® Comprehensive service agreement. Since entering into service in early 2016, the
