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Hungarian Airlines Malev ceases operations
Hungary’s national carrier ceased operations, grounded all its flights and stranded more than 7,000 passengers. After its financial situation became unsustainable. Malev, the Hungarian flag carrier with a fleet of 22 aircraft, is in bankruptcy protection and desperately drawing up… Continue reading
American Airlines to cut 13,000 jobs to reduce costs
HOUSTON – US carrier American Airlines said Wednesday that it wants to eliminate 13,000 jobs as it seeks to cut labor costs by 20 percent.
The announcement was made after the Texas-based company had a meeting with representatives of its… Continue reading
Spirit Airlines firms up 75 A320 Family order including 45 A320neo
Huge response for Airbus eco-efficient single-aisle aircraft expands in the US
Spirit Airlines has finalised its firm order for 75 Airbus single-aisles including 45 A320neo aircraft (new engine option). The original Memorandum of Understanding (MoU) was announced at the 2011… Continue reading
Boeing Delivers First 747-8 Freighter to AirBridgeCargo Airlines
EVERETT, Wash., Jan. 26, 2012 /PRNewswire/ — Boeing (NYSE:BA) and AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group, celebrated today the delivery of the first of five new Boeing 747-8 Freighters to the airline.
“The introduction of the Boeing 747-8F represents… Continue reading
Hong Kong Airlines takes delivery of its first A320
Hong Kong Airlines has become a new operator of Airbus single aisle aircraft, following the delivery of its first A320. The aircraft is the first of 30 A320s ordered by the airline and is powered by CFM International’s CFM 56… Continue reading
GE Capital Aviation Services Delivers Two New Airbus A320s to TACA Airlines
SAO PAULO, January 23, 2012 – GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced delivery of two new Airbus A320 aircraft to TACA Airlines to help them with fleet growth.
The aircraft… Continue reading
Boeing Delivers Two 777-300ERs to Saudi Arabian Airlines
EVERETT, Wash., Jan. 23, 2012 /PRNewswire/ — Boeing (NYSE: BA) reached a major milestone with Saudi Arabian Airlines when it delivered the airline’s first two 777-300ERs (extended range), marking another step forward in… Continue reading
Airbus delivers A320 MSN5000 to Middle East Airlines
Major production achievement for Airbus’ modern, single-aisle aircraft family
Airbus delivered the A320 with manufacturer serial number (MSN) 5000 to Lebanon’s national carrier, Middle East Airlines (MEA). The aircraft was delivered from Airbus in Hamburg, Germany and… Continue reading
Potential suitors circle American Airlines
US Airways Groupand private equity firm TPG Capitalare among several parties interested in potential bids for AMR Corp, the bankrupt parent of American Airlines, people familiar with the matter told Reuters.
These parties have been following AMR’s bankruptcy proceedings closely… Continue reading
Hong Kong Airlines confirms order for 10 A380s
Hong Kong Airlines has confirmed an order for 10 Airbus A380 aircraft at a list price of $3.8 billion.
The airline signed a memorandum of understanding (MoU) with Airbus for the aircraft at the Paris Air Show in June 2011,… Continue reading
EU imposes carbon taxes on airlines
The European Union has imposed carbon taxes on airlines in order to combat climate change and the fee has come into force from Jan 1, 2012.
All airlines flying to EU countries, are now obliged to get permits to cover… Continue reading
Boeing to Convert 747-400 to Freighter for Evergreen International Airlines
747-400 Boeing Converted Freighter Program notches 50th order
SEATTLE, Dec. 21, 2011 – Boeing [NYSE: BA] and Evergreen International Airlines, a subsidiary of Evergreen International Aviation, today announced the airline will introduce the 747-400 Boeing Converted Freighter to its fleet… Continue reading