South Korea Receives Three Additional Boeing F-15K Slam Eagle’s
South Korea bolsters jet fighter arsenal with three additional Boeing F-15K Slam Eagle's. The Republic of Korea Air Force is poised to have a total of 21 the fighter jets by April, 2012.
View ArticleSkymark Airlines Takes Delivery of Two Boeing 737-800’s
GE Capital Aviation Services Limited announced delivery of the pair of Boeing 737-800 aircraft today. GECAS has a standing order book deal with Boeing from which the aircraft come from.
View ArticleBoeing Improves Fuel Efficiency in Single Isle Aircraft Market
Boeing is to improve the fuel efficiency in single isle aircraft with the advent of their new 737 engine family. The new engines will also be available to retrofit into existing 496 aircraft, too.
View ArticleLockheed Martin Wins $100.5 Million LGB Contract
Lockheed secures $100.5 million dollar contract with the United States Air Force for delivery of paveway II Plus LGB kits next year in 2012.
View ArticleIndonesia’s Lion Air Receives 50th 737-900ER from Boeing
Lion Air takes delivery of the 50th 737-900ER aircraft and comes painted with a special Lion Air design. Additionally LED lighting, sculpted & decorative sidewalls - and even more.
View ArticleLockheed Martin Boosts Dividend & Raises Share Repurchase
Lockheed Martin increases their annual dividend for the ninth consecutive time and also increases their share buy-back options to $2.5 billion dollars worth of stock should Lockheed choose to do so.
View ArticleIndian Navy-Bound Boeing P-8I Successfully Makes First Flight
The P-81 (based on Boeing "Next-Generation" 737 aircraft) made its first flight today, landing at Boeing Field under three hours later. Built for the Indian Navy, a contract option for four more remain.
View ArticleGE Capital Aviation Orders Six EMBRAER E190’s
GECAS continues building upon their already-impressive list of aircraft with a order of six more aircraft from Embraer. An option for an extra six exists, too, should GECAS care to exercise the option.
View ArticleBoeing (BA) Completes Delivery of 24 RAAF Super Hornets
Boeing completes all contractually-obligated deliveries of F/A-18F Super Hornets to the Australian government. This marks the fifth and final delivery and as a result the RAAF performed an airborne...
View ArticleAll Nippon Airways Chooses Air BP Turbo Oils for 787 Dreamliner
All Nippon Airways selects "Turbo Oils" made by BP unit Air BP for use in their Boeing 787 Dreamliners. BPTO 2197 for the Rolls-Royce engines, BPTO 2389 for the Hamilton Sundstrand APU's.
View ArticleBoeing (BA) Stock Refills Pair of Price Gaps
Boeing's stock refills two outstanding price gaps simultaneously today and the company also released new details and statistics regarding the 737 MAX program.
View ArticleCorruption Probe Underway involving Rolls-Royce
Rolls-Royce the aircraft engine maker might face prosecution due to allegations of corruption in Indonesia, China and other international locations. The company first started as a luxury carmaker....
View ArticleAmerican Airlines Offered Merger Deal
AMR Corp, the parent company of American Airlines has been offered a deal to merge by US Airways. The merger deal has placed a value of the two airlines combined at more than $8.5 billion. While...
View ArticleEarnings for Southwest Exceed Wall Street Expectations
Southwest Airlines earned more during the first quarter than what analysts from Wall Street had estimated, but officials from the airline said the federal budget cuts could hurt revenue for the airline...
View ArticleAmerican Airlines to add more Seating
American Airlines made an announcement on Thursday that it will add more seating in jets that are narrow body. The U.S. based airline said it is putting the additional seats into its coach sections on...
View ArticleAmerican Airlines Announces Second Quarter Profit
AMR, American Airlines’ parent company, which is nearing its merger with US Airways, announced a profit of $220 million for the second quarter of 2013. It was just the first time the business has had a...
View ArticleUnited Technologies Could Furlough 5,000
By the beginning of next week, 2,000 workers at United Technologies that make the Black Hawk helicopter will be out of work. The company said it might have to layoff over 5,000 of its workers if the...
View ArticleJapan Airlines Agrees to Deal with Airbus
Airbus the manufacturing giant for aircraft announced a first deal ever with Japan Airlines the Japanese carrier. The deal just signed was for 31 A350 planes and was worth close to $9.5 billion at the...
View ArticleBoeing Reports Cracks in Wings on Dreamliners
Boeing Co. announced Friday that they discovered hairline cracks in the wings of nearly 40 of its 787 Dreamliners that were in production, which marked yet another setback for the newest jet in the...
View ArticleEmirates Orders 150 Boeing Planes for $56 Billion
Emirates the Dubai airline has completed an order for $56 billion to purchased 150 777X Boeing jets Wednesday. The order completes a commitment the airline made in 2013 just weeks after it scrapped an...
View ArticleHoneywell Profit Passes Forecast, Seeking Deals
The diversified maker of electronic equipment and aircraft parts, Honeywell International Inc, posted a profit for the third quarter that was better than had been expected helped in part by higher...
View ArticleRyanair Increases Forecast for Profit on Surge in Bookings
Ryanair raised its forecast for annual profit nearly 20% Monday because of a surge in its winter reservations and announced it would lower fares by as much as 10% over the coming year to take...
View ArticlePilot Strike at Lufthansa into Second Day
Lufthansa pilots started their second day of strikes on Tuesday that grounded cargo and long haul flights as well as to European and domestic routes, with thousands of travelers being stranded. The...
View ArticleQatar Airways Acquires British Airways Stake
Qatar Airways had acquired a 9.99% stake, worth 1.15 billion pounds or $1.7 billion in International Consolidated Airlines building better ties with the owner of Iberia and British Airways it...
View ArticleAlcoa Starts First Quarter Earnings Season
Alcoa as usual has unofficially started the earnings season for the 2015 first quarter on Wednesday with results where profit beat expectations but revenue did not, hinting that the upcoming earnings...
View ArticleProfits by Airlines Soar Thanks to Fuel Prices Falling
The airline industry in the U.S. is falling over all the money it is earning. Earnings for the first quarter have been posted by all of the big carriers in the U.S. and each announced profits that were...
View ArticlePassenger Airplane Number Estimated to Double in Two Decades
Demand for new passenger planes across the globe is expected to continue its upward track as millions of people throughout developing nations take to the air for just the first time. Over the upcoming...
View ArticlePentagon Teaming Up with Boeing and Apple for Wearable Tech
The Pentagon will team up with Apple, Harvard, Boeing and others for the development of high-tech sensory gear that is flexible enough that people can wear it or it can be molded onto a jet’s exterior....
View ArticleAirbus Challenging Boeing Through New Factory in the U.S.
French airplane manufacturer Airbus will unveil a new factory of $600 million in the state of Alabama, setting itself up for a fight with its biggest rival Boeing on home soil. The new plant located in...
View ArticleAlcoa Splitting Company into Two
On Monday, Alcoa Inc announced that it would split the company into two separate entities – its aluminum smelting operations that are struggling from its lightweight metals production from its faster...
View ArticleFacebook to Use Satellites for Broadband in Africa
In its most recent quest to open up access to Internet to the developing markets Facebook partnered with Eutelsat Communications a satellite company based in France. Scheduled for launch during the...
View ArticleDelta Beats the Street on Profit As Fuel Continues to Fall
Delta Air Lines posted a profit for the third quarter that beat estimates of analysts on lower cost of fuel and signaled a progress in regaining pricing power amidst pressure from rivals that offer...
View ArticleIAG and American Airlines Sign with LATAM Airlines on Joint Ventures
LATAM Airlines, headquartered in Chile has signed agreements for joint ventures to increase its ties to American Airlines and IAG’s Iberia and British Airways, which are all part of OneWorld Alliance...
View ArticleSouthwest Airlines Sees Profit Soar on Fuel Prices
Southwest Airlines reported profit that close to tripled during the fourth quarter of 2015, as the company continued to soar thanks to inexpensive fuel and its fleet’s modernization. Southwest is the...
View ArticleIran Buying 114 Planes from Airbus, Interested in Boeing
Iran is planning to purchases 114 aircraft from Airbus the plane maker based in Europe by as soon as this March. Iran is also looking for other aircraft deals, said two senior officials from the...
View ArticleSouthwest Wants to Fly Out of Long Beach
Southwest Airlines appears to have won access to the capacity controlled Long Beach Airport, located just outside of Los Angeles. On Wednesday, the carrier announced both an interest and its...
View ArticleJetBlue Planning Mint Service Expansion After Losing Virgin America Bid
Despite JetBlue losing its bid to acquire Virgin America based in California, the airline is not giving up its battle for the Golden State’s high playing passengers. On Tuesday, JetBlue announced that...
View ArticleBoeing Announces Historic Deal with Iran Air
Boeing announced that it signed a landmark agreement with Iran Air to sell the airline new jetliners. This is the first major new deal between a company based in the United States and Iran since the...
View ArticleDelta’s Profit for Second Quarter Rises But Revenue Falls
Delta Air Lines posted profit for the second quarter that beat Wall Street expectations despite revenue that was lower. The company is planning to limit growth in an attempt to push its fares higher....
View ArticleAir France to Launch No-Frills Airline For U.S. and Asia
Air France-KLM the Franco-Dutch carrier operator is planning to launch a medium- and long-haul airline, which could tap into a lucrative market that serves cities across the U.S. as well as Asia to...
View ArticleUnited Earnings Meet Expectations, But Fall 52%
On Tuesday, United Airlines posted a drop of 52% in its net earnings for its fourth quarter, but the air carrier met expectations on Wall Street thanks to better than had been expected bookings during...
View ArticleChina’s C919 Completes Maiden Flight
China’s C919 passenger aircraft dogged by long delays has finally completed its maiden flight. A major step for the Beijing government as it attempts to increase its profile for global aviation and...
View ArticleSpirit Airlines Cancellations Cause Chaos in Airport
Upset passengers swarmed Spirit Airlines’ ticket counters with some starting what was described as a near riot at the Fort Lauderdale airport following the cancellation of 9 flights by Spirit Airlines....
View ArticleFlight Attendants Accuse Frontier Airlines of Not Allowing Breast Feeding
A pair of flight attendants has filed a discrimination complaint against air carrier Frontier Airlines after the two said the airline refused to allow them to breast feed while at work. A law firm and...
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