General Electric Co (GE) has announced that its former CEO, Jack Welch, has died at the age of 84. Welch was single handedly responsible for the transformation of a company best known for its production of light bulbs into the USA’s most valuable public company. In the 20-year period with Welch at the helm, GE
Rolls-Royce rounded off 2019 on a positive note having overcome most of the problems which had particularly beset its Trent 1000 TEN engine variant which powers the Boeing 787 Dreamliner with durability issues. With the roll-out of fixes progressing and increased confidence in a new engine blade due for production next year, the number of
The Court of Appeal has overruled the U.K. governments go-ahead for a third runway at London Heathrow Airport on the basis that it was unlawful. The principal bone of contention relates to environmental factors. Transport Secretary Grant Shapps said the government would take time to decide its next move. “The court’s judgement is complex and
Air New Zealand has announced it is investigating the potential use of “Skynest” sleeping pods for economy-class travelers on some of its longest routes. The carrier has applied for a patent for what it is calling “Economy Skynest” which will contain six full-length sleep pods at 200cm long and 58cm wide each. There will be
Having failed for the first time in many years to secure any orders in the month of January, Boeing has confirmed that Japan’s ANA Holdings Inc (ANA) has placed an order for 15 more 787 Dreamliners worth an estimated US$5 billion at list price. However, the news is not so good for Roll-Royce who had
BAA Training, one of the three largest European aviation training centers in Europe, has signed an agreement with Air BP to expand their cooperation with Air BP supplying BAA Training with Avgas 100LL, unleaded aviation fuel. The fuel will be used at all BAA Training flight bases as well as for the company’s aircraft at
AerCap has signed an agreement with Belavia – Belarusian Airlines for the lease of three new Embraer E195-E2 aircraft. The aircraft are from AerCap’s order book with Embraer. The first aircraft is scheduled to deliver in December 2020, with the remaining two aircraft delivering in March and April 2021. AerCap was the launch lessor customer
It has been announced on Thursday that France and Germany have signed a €150 million deal to develop a next-generation fighter jet, with Dassault Aviation and Airbus building the aircraft. The intention is for the jet to be ready by 2040 with a view to replacing the current Dassault Rafale and German Eurofighter. “This is
According to an internal Boeing memo seen by Reuters news agency, Boeing has reported finding foreign object debris in a number of fuel tanks of 737 MAX jets which are awaiting delivery while the plane remains grounded. Such debris usually includes rags, tools, metal shavings and other materials left behind by workers during the production
Air Canada has reported adjusted net income of CA$47 million or CA$0.17 per share for the fourth quarter of 2017 against an average predicted quarterly earning of CA$0.38 per share, resulting in a drop of 2.4% in early morning trading of shares. The carrier has been hit hard by increased operating costs of less-efficient aircraft
