In its previous restructuring program Air France KLM only managed to shed 9% of its workforce, or 6,413 employees through voluntary departures, while a further 800 jobs will have to go if the airline is to meet its new target of €1.8bn in cost-cutting. Currently the airline is suffering from heavy competition from both Gulf
The 50th A330 to be operated by Air China, which is also China’s first A330-300 with the increased 242 tonne maximum take-off-weight (MTOW) capability, has successfully completed its maiden flight in Toulouse, France. Displaying a special livery to celebrate the “50th A330 for Air China”, the aircraft will be delivered to the Chinese carrier in
Airbus’ first A330neo is coming to life one year after the programme was launched, with the first ‘cutting of metal’ underway at its production facilities in Toulouse and Nantes. Machining of the first engine pylon started during the summer at Airbus’ facility in Saint-Eloi (Toulouse), while Airbus’ Plant in Nantes began production of the first
The Airbus Group Inc. Chairman and CEO, Allan McArtor, has spoken openly at an International Aviation Club lunch meeting, stating that the US national air traffic control system needs to be “free from political shenanigans” and taken out of the federal procurement system, continuing, “It’s high time to move beyond words and into action.” McArtor,
Commsoft announced that start-up Russian airline, JSC UVT AERO, a user of its MRO IT system, OASES, was awarded its Air Operator Certificate (AOC) on July 8th, by the Federal Transport Agency of the Ministry of Transport for the Russian Federation. The regional airline is based in Bugulma and Kazan in the Republic of Tatarstan,
Avolon, the international aircraft leasing company, has entered into a definitive merger agreement (the “Merger Agreement”) to be acquired by Bohai Leasing, at a price of US$31 cash per common share (the Transaction). Under the terms of the Transaction, which has been unanimously approved by Avolon’s Board of Directors, all Avolon shareholders will receive US$31
Transaero, Russia’s second-largest airline, has been struggling to stay afloat after the airline’s net debt totaled RUB106 billion at the end of 2014. An Aeroflot spokesman was quoted as saying “Transaero will be completely overhauled and integrated into the Aeroflot group.” According to a Transaero statement, the deal was concluded during a meeting with Igor
Emirates Airline celebrated the simultaneous delivery of three 777s – two 777-300ERs and one 777 Freighter – marking the entry of the 150th 777 into Emirates’ fleet. This is the first time in 15 years that Boeing has delivered three 777s at one time to a single customer. Emirates is the world’s largest operator of
Astronics Corporation has been selected to supply the Passenger Service Units (PSU) on the new family of long-range Boeing 777X aircraft. The award is subject to the execution of a final purchase agreement. Mr. Peter J. Gundermann, President and Chief Executive Officer of Astronics, commented, “We have had a long-standing relationship with Boeing on the
Boeing and UK Leisure Airline Jet2.com have finalized an order for 27 Next Generation 737-800s, valued at approximately US$2.6bn at current list prices. Jet2.com currently operates an all-Boeing fleet of nearly 60 aircraft; however, this is the organization’s first direct Boeing order. The aircraft will be used to take the company’s package holiday and flight
