To cope with the financial devastation caused to airlines by the COVID-19 pandemic, Turkey’s President Recep Tayyip Erdogan has helped broker a deal between trade unions and Turkish Airlines pilots, together with additional workers, that will see wages cut for the coming year by up to 50%. The Hava-Is union represents approximately 75% of the
The International Air Transport Association (IATA) has released data for global air freight markets in July showing air cargo demand is stable but at lower levels than 2019. While there is some month-to-month improvement, it is at a slower pace than some of the traditional leading indicators would suggest. This is due to the capacity
Boeing has been forced to ground eight of its 787 Dreamliner jets after the discovery of two manufacturing flaws which could severely compromise the structural integrity of the aircraft. The problems in question relate to the composite barrel sections at the rear of the 787. These sections are melded together at the South Carolina Boeing
The European Union Aviation Safety Agency (EASA) has announced that it is to begin flight tests on the updated Boeing 737 MAX in Vancouver, Canada, on September 7. The move comes two months after both Boeing and the Federal Aviation Administration (FAA) had completed certification flight tests. According to the EASA, “While Boeing still has
Vertical Aerospace, the Bristol-based company pioneering affordable electric aviation, has announced plans for a revolutionary ‘flying taxi’, the VA-1X. Capable of carrying up to five people (four passengers and a pilot), the VA-1X is set to be the world’s first certified winged all-electric Vertical Take-Off and Landing (eVTOL) aircraft, and is on course to start
American Airlines has announced that unless there is further governmental aid provided, when the current government stimulus runs out at the end of September, it will be foced to shed 19,000 of its March 140,000-strong workforce. By the end of October, taking into account voluntary exits and retirments, staffing levels at American Airlines will shrink
Gulfstream Aerospace (Gulfstream) has announced that its new company-owned service center in Palm Beach, Florida, is now open. The center is being shared with Jet Aviation, both of whom will have their own hangars but who will share office space. “Gulfstream has had a presence in Palm Beach for almost 20 years with the capability
Qantas has posted a full-year net loss of AU$1.964 billion for the financial year ended June 30. One of its largest ever losses, this one has been driven by impairment charges and restructuring costs intended to shore up the company during the pandemic. Alan Joyce, Qantas CE, confirmed that the carrier was operating among the
Having previously announced a target of a 10% in its 160,000-strong workforce, Boeing has announced that it is looking to extend its voluntary redundancy package, though unusually it has not put a ceiling on the number of additional employees it is looking to shed. This second round of cuts is not restricted solely to the
Located in central Virginia, Rolls-Royce has announced the forthcoming closure of its Prince George County aircraft parts factory, scheduled for mid-2021. Like many businesses connected to the commercial aerospace industry, the Rolls-Royce plant has been heavily hit by the downturn in demand for travel during the COVID-19 pandemic and had already laid off 190 workers
