Labor negotiations between Delta Airlines and its pilots has reached the stage where US federal government mediation is now being sought by the Air Lines Pilots Association (ALPA) in relation to collective bargaining. Both Delta and ALPA’s Delta master executive council (MEC) have jointly filed with the US National Mediation Board (NMB). The MEC confirmed
Boeing has announced the Company’s intention to cut 4,000 jobs by mid-year in its Commercial Airplanes unit, stating that involuntary layoffs would be “only ….as a last resort.” Reductions are expected to include “hundreds of executives and managers” the company confirmed in an email statement, with the clear intention to achieve the job cuts “through
After last Thursday’s tragic events in Brussels, including two bombs which exploded at Brussels Airport taking the lives of eleven victims, no confirmation has yet been made as to when the airport will reopen. While the main structure of the building has been inspected by engineers, technicians and independent specialists and it has been confirmed
IATA (International Air Transport Association) has become a formal complainant in an investigation being performed by the EC’s Directorate General for Competition (DG-COMP) in relation to suspected abuse of dominant positions by aircraft equipment manufacturers. Last year, questionnaires were sent out by the DG-COMP to a number of industry stakeholders in which they asked for
Unmanned Aerial Vehicle (UAV) or drone sales continue exponential growth with analysts forecasting global sales to reach a staggering US$36.9bn in just six years. Already one of the world’s leading manufacturers of hobby drones, DJI, generated revenue of US$1bn in 2015 alone. As a consequence of drone systems leading the way in aerospace manufacturing, many
Unconfirmed news has been disclosed by two separate sources that British private equity firm, Terra Firma, has rejected a second offer for its leasing group AWAS by China’s HNA Group. This comes after HNA had successfully acquired Avolon Holdings last year via its leasing arm, Bohai. It is understood the figure paid for Avolon was
Bombardiers request for further aid of US$1bn has undergone due diligence from the Canadian government, with an unnamed source confirming that “The due diligence is done. The government is preparing to make an announcement in a matter of weeks, not months.” The additional funds are required for Bombardier’s C-Series development which aims to challenge the
Just under a year ago Zodiac Aerospace was facing an operating income shortfall of 44.6% for the financial year 2014/2015 as a result of production delays at its aircraft seat division. In November 2015, Zodiac were in arrears on 500 packs, approximately 1500 seats. Despite American Airlines taking legal action against Zodiac Aerospace and subsequently
In 2012 the loss of 4,500 jobs at Iberia was announced during a period of restructuring where the airline reduced its fleet by 25 aircraft and its network capacity cut by 15% in a bid to reverse cash losses by mid-2013 and raise profits by at least €600m. These job cuts came hot on the
After a year-long investigation in to the crash of Germanwings flight 9525, which occurred on March 24 2015, killing all 150 passengers and crew on board. France’s Le Bureau d’Enquêtes et d’Analyses pour la Sécurité de l’Aviation civile (BEA) have urged air agencies across the world to amend their policies with regard to medical workers’
