Boeing vice president Pat Shanahan has assumed oversight of the 747-8 program effective August 30, according to an internal memo to employees. The move results in the displacement of 747-8 vice president and general manager Mo Yahyavi and represents an effort to "re-energize" the flight-test and certification program. Yahyavi, who had assumed responsibility for [...]
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The U.S. Department of Justice has approved the merger of United and Continental Airlines, the carriers announced on Friday. UAL and CAL expect to close the transaction by October 1, assuming their respective stockholders vote to clear the deal next month. "We are pleased to have achieved this critical milestone and look forward [...] Gulfstream Aerospace on Friday evening said its G650 S/N 6001 skirted the speed of sound on August 12, reaching Mach 0.995 during flutter testing as part of the 1,800-hour flight-test program for the wide-cabin, long-range business jet. For the initial series of flutter tests, the aircraft achieved clearance out to both its design dive [...] An external committee appointed to investigate Japan Airlines’ (JAL) path to bankruptcy protection says there are no grounds under civil or criminal law… Link to the original site No tags for this post. Japan Airlines (JAL) will retire more than 100 aircraft, cut 16,000 jobs and streamline its operations as part of a rehabilitation plan to return to profit. The… Link to the original site No tags for this post. Qantas is launch customer for 747-400ER landing gear program Link to the original site No tags for this post. $14.5M in Recovery Act funds ensure continued safety for flights at San Francisco Intl Airport. Link to the original site No tags for this post. Japan Airlines (JAL) is considering starting a low-cost carrier, and has roped in fellow Oneworld carrier Qantas Airways in its study. “We have been… Link to the original site No tags for this post. Japan Airlines (JAL) is set to submit its rehabilitation plan to Tokyo’s District Court later today, seven months after it filed for bankruptcy protection… Link to the original site No tags for this post. IATA said yesterday that 47 major airlines worldwide reported a cumulative $3.9 billion net profit for the second quarter, reversed from a $900 million net loss in the prior-year period.
Link to the original site No tags for this post. China Eastern Airlines parent China Eastern Air Holding Co. reported net income of CNY1.76 billion ($259.3 million) for the six months ended June 30, up 78.7% over a CNY985 million profit in the year-ago period.
Link to the original site No tags for this post. EgyptAir said its corporate jet aircraft charter subsidiary Smart Aviation Co. has formed a commercial airline unit that will be launched with two Q400 NextGen aircraft ordered Monday. Bombardier said the order’s value is $62 million based on list prices but could rise to $158 million if EgyptAir exercises three Q400 options also placed Monday. [...] Boeing removed VP and GM-747 Program Mo Yahyavi from his post as speculation mounted that the 747-8 freighter’s first delivery will be delayed again.
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Link to the original site No tags for this post. CSA Czech Airlines released its 2010-11 winter flight schedule, signaling a change in its network philosophy to focus on offering passengers an East-West air bridge rather than operating to the highest number of destinations throughout Europe. The airline said the new network will take shape gradually, reaching a final form in 2012.Significantly, from Oct. [...] |
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