Boeing Considering 52 737s A Month By 2018

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Published: September 18, 2014

Boeing appears increasingly likely to boost 737 production to 52 a month starting in 2018 after the head of its commercial aircraft business spoke about that possibility. “Our focus today would be around a 52-a-month rate somewhere in that 2018 time frame,” Boeing commercial planes chief executive Ray Conner said. “Now, I can tell you […]

IndiGo Agrees USD$2.6 Bln Aircraft Finance Deal

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Published: September 17, 2014

Indian budget airline IndiGo has signed a USD$ 2.6 billion deal with Industrial and Commercial Bank of China (ICBC) for the lender to finance more than 30 new aircraft. Under the memorandum of understanding, ICBC will provide IndiGo, India’s largest airline by market share, with financing for the planes through either a sale and leaseback, […]

Etihad CEO Says Airline Alliance Model ‘Fractured’

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Published: September 17, 2014

The head of Abu Dhabi’s Etihad Airways dismissed global airline alliances as a ‘fractured’ model showing signs of strain, adding his carrier would instead invest in equity stakes and codeshare deals to grow. Etihad has aggressively pursued a global expansion strategy by picking acquiring stakes in eight airlines around the world, including Air Berlin, Aer […]

French Government Calls For End To Air France Strike

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Published: September 17, 2014

The French government has called for an end to the Air France pilots strike, now in its third day, as the dispute over cost cuts threatened 60 percent of the airline’s flights on Wednesday. “This strike is weighing heavily on Air France, as well as on its finances, and on the attractiveness and the image […]

Republic Orders 50 Embraer E-175s In USD$2.1 Bln Deal

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Published: September 17, 2014

Embraer has booked a firm order from US regional operator Republic Airways for 50 next-generation E-175 aircraft. The deal, which will be included in Embraer’s order book for the third quarter, is valued at USD$ 2.1 billion, the plane maker said in a securities filing. The planes will be operated by United Airlines under the […]

Lufthansa To Order 25 A320s For USD$3.24 Bln

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Published: September 17, 2014

Lufthansa has agreed to order 25 new Airbus A320s worth EUR€2.5 billion (USD$ 3.24 billion) at list prices to replace older aircraft and cut fuel costs at two subsidiary airlines. Lufthansa’s supervisory board agreed to buy 10 current-generation A320ceos for its Eurowings low-cost unit and 15 A320neos for its Swiss International division. A further 13 […]

United Offers F/As USD$100,000 Voluntary Buyout

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Published: September 17, 2014

United Airlines and union officials said that eligible flight attendants will be paid up to USD$ 100,000 to leave the company through a voluntary buyout, in a deal that aims to end furloughs at the over-staffed airline. The agreement comes six years after United, which employs more than 23,000 F/As, retired a number of its […]

Air France Cancels 60 Pct Of Flights As Strike Continues

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Published: September 17, 2014

The pilot strike at Air France has entered its second day with the two sides apparently no closer to resolving a dispute over cost cuts that has forced the carrier to cancel 60 percent of flights. The airline said it expected to operate “at least 40 percent of its flights” on Wednesday, based on three […]

Austrian Flights Cancelled As Workers Meet

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Published: September 17, 2014

Austrian Airlines cancelled 15 flights on Wednesday due to a meeting of staff called by its works council to inform them about the status of a dispute after workers won a court victory last week. “We have removed 15 flights from the schedule and some flights will be delayed,” an airline spokesman said. “The works […]

Airbus In Final Stages Of A320neo Ground Tests

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Published: September 17, 2014

Airbus is conducting the final stage of ground trials as it moves towards the first flight of its updated A320neo. The first test aircraft is on the “final run-in” towards its first flight, a spokesman said, but added it was too early to predict an exact date. Airbus is sticking to its target for a […]

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