With the Boeing 737 MAX program already in trouble after two fatal crashes and a number of airlines already canceling orders, the U.S. Federal Aviation Administration has announced that it has identified a faulty part in a number of the jets, as well as the 1997 third-generation 737 variant, the 737 NG. According to the
A combination of an escalating trade war and increased oil prices saw global airlines cut profit forecasts by 21% as the threat of an industry slowdown looms. According to the International Air Transport Association (IATA), which represents 80% of the world’s air traffic through approximately 290 carriers, December’s forecast of US$35.5 billion has been slashed
Despite the fact that it is believed the Federal Aviation Administration (FAA) is set to approve the updates to the 737 MAX in June, other agencies intend to carry out their own assessments. This has resulted in the likelihood worldwide approval for the lifting of the ban, which was instigated after two fatal crashes involving
The major provider of broadband connectivity products for aviation, Gogo, has announced its intention to create a contiguous U.S. and Canada air-to-ground (ATG) network which will be designed for use by business aviation aircraft, commercial regional jets and smaller mainline jets. It is anticipated the network will be operational for business and commercial aviation by
The six-day pilots’ strike which ended May 2, is estimated to have cost Scandinavian Airlines 650 million kroner (US$68 million) and contributed heavily to the carrier’s 1.2 billion kroner (US$125 million) loss for the second quarter of its financial year. The strike, which began April 26, was the consequence of a breakdown in negotiations between
Boeing has confirmed that once it takes an 80% stake in Brazil’s Embraer SA’s commercial jet division, the name Embraer is to be dropped completely and the company will be called Boeing Brasil – Commercial. This will see one of Brazil’s most iconic company names disappear from commercial jet manufacturing, despite Embraer retaining a 20%
Air New Zealand has decided to invest in new fuel-efficient aircraft with the purchase of eight Boeing 787-10 Dreamliner aircraft powered by GE Aviation’s GEnx-1B engines. At today’s list prices, the agreement represents a value of US $2.7 billion. As is usual with such orders, Air New Zealand has negotiated a significant discount on current list prices
Following Brazil’s lower chamber approval, the Senate has passed legislation which will allow foreign-controlled airlines to operate domestic flights within the country, which is Latin America’s largest sir-travel market. However, as Congress has added a codicil whereby airlines are now banned from charging passengers for their first checked bag, this now means that President Jair
According to Chinese state media reports, Air China, China Eastern and China Southern, the country’s largest three airlines, have all submitted formal requests to Boeing for compensation as a consequence of the grounding of all 737 MAX jets worldwide. Following the second of two fatal crashes involving the MAX jet which had displayed similar problems
Intended to generate growth for European business, foster innovation and enable passengers to profit from safer, cleaner and cheaper flights, in a follow-up to the April 9 EU-China summit the European Commission signed an agreement on civil aviation safety and also a horizontal aviation agreement aimed at strengthening aviation cooperation on Monday May 20. The
