Airlines
Ryanair's chief executive Michael O'Leary is in talks with both Airbus and Boeing for an order of 200 planes, but he has made it clear that he is willing to wait for a significant price cut. Meanwhile, the US House of Representatives' appropriations subcommittee on
Aircraft industry
As the German government aims to keep a major stake in European Aeronautic Defense & Space (EADS) in German hands, major German banks are nearing a deal to purchase a stake in the company. This move is part of a plan to reduce DaimlerChrysler's holding in EADS, which
Aircraft industry
Airbus, a European aircraft manufacturer, is facing significant challenges due to production delays and managerial problems. The company's flagship model, the A380, has been two years late in production, prompting Federal Express to pull out of a deal to buy 10 aircraft and switch to Boeing. This decision
Airlines
Airbus, already grappling with production issues for its A380 superjumbo, has suffered a significant blow as FedEx, its first customer to place an order for the jet, has cancelled its plans to purchase 10 freighter versions of the aircraft. The decision, made due to repeated delivery delays, is a major
Airlines
Airbus parent EADS has announced a third-quarter operating loss after taking a $1.28 billion charge due to production problems with its A380 super-jumbo. The cancellation of FedEx's entire A380 order has sent shockwaves through the industry, leaving airlines like Emirates Airlines worried about the fate of their
Airlines
As the aviation industry continues to evolve, we're seeing a revolution in business travel, with aircraft designs that offer unprecedented luxury and convenience. From the extended-range Boeings to the superjumbo Airbus A380, the gap between commercial and private air travel is narrowing. Airlines are now offering features such
Airlines
Air New Zealand has reassured its Cook Islands staff that they will not be affected by proposed changes to ground handling staff in New Zealand. According to Air New Zealand Manager Cook Islands David Bridge, the airline will continue "business as usual" in the Cook Islands, where it
Aircraft industry
The Dow Jones industrial average rose to a record closing high of 11,727.34 points, surpassing its previous closing high of 11,722.98 set on January 14, 2000. Buoyed by slumping oil prices and mounting hopes that American consumers would be encouraged to spend, investors are getting more
Aircraft industry
Airbus, a leading example of European cross-border industrial co-operation, is struggling to maintain credibility with customers and investors. The company's A380 superjumbo production has been plagued by costly delays, and its growing industrial crisis has forced the parent company, EADS, to reveal a restructuring plan. The EADS board,
Airlines
All Nippon Airways (ANA), the launch customer for the Boeing 787 Dreamliner, has selected Goodrich Corporation to supply wheels and electrically actuated brakes for its aircraft under a long-term agreement. The selection of Goodrich's system is an endorsement of the innovative technology the company has introduced to the
Airlines
Q Aviation, a leading independent aircraft leasing company, is exploring various strategic options to monetize its investment in the company. The move comes as the aircraft leasing industry experiences strong demand, driven by record levels of worldwide air travel. Key Takeaways: * Q Aviation has retained Deutsche Bank Securities to explore
Airlines
The AVIATION WEEK MRO Asia Conference & Exhibition, scheduled for September 19-21 in Xiamen, China, will bring together over 1,000 global leaders in aviation maintenance to discuss key issues affecting airlines, OEMs, suppliers, service providers, and the military. The event, which is the largest conference and exhibition in the
