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Aerospace supplier GKN faces takeover bid

Mon, 15 Jan 2018 18:18:00 +0000

UK-based aerospace supplier GKN is facing a takeover bid from turnaround specialist Melrose Industries.

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Airbus deliveries up 4% in challenging 2017

Mon, 15 Jan 2018 13:31:00 +0000

Airbus delivered a record 718 aircraft in 2017 and secured 1,109 total net orders, during a challenging year when up to 60 new-build aircraft were left on the tarmac because of engine delays.

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Leahy confirms A380 future hinges on Emirates order

Mon, 15 Jan 2018 10:36:00 +0000

Airbus COO-customers John Leahy has confirmed the Airbus A380 program will have to be shut down if Dubai-based Emirates does not order more aircraft.

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Pegasus 737 slides down embankment

Sun, 14 Jan 2018 13:04:00 +0000

A Boeing 737-800 of Turkish LCC Pegasus Airlines left the runway at Turkey’s Trabzon airport and ended up halfway down a steep embankment over the Black Sea on Jan.13. All 162 passengers and six crew escaped without injury.

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Lufthansa calls for Alitalia to make major cuts

Fri, 12 Jan 2018 18:21:00 +0000

Lufthansa wants Alitalia to undertake significant restructuring before the German group would be prepared to buy the struggling airline, its CEO has told the Italian government.

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New court ruling casts further doubt on IAG-NIKI deal

NIKI Airbus A320-200


Fri, 12 Jan 2018 17:31:00 +0000

An Austrian court in Korneuburg has ruled that the NIKI insolvency proceedings and asset sale should restart from scratch, further casting doubt on International Airlines Group (IAG) acquiring NIKI.

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Government takes control of Air Malta slots

Fri, 12 Jan 2018 17:14:00 +0000

The government of Malta has created a new state-owned company that will take control of the airport slots owned by the Mediterranean nation’s national carrier.

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New Delhi to allow foreign investment in Air India

Air India A320


Fri, 12 Jan 2018 15:47:00 +0000

The Indian government has eased ownership rules surrounding Air India, allowing up to a 49% stake to be held by foreign investors.

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Rolls-Royce announces new US facility

Trent XWB-97


Fri, 12 Jan 2018 15:38:00 +0000

UK engine manufacturer Rolls-Royce will operate a jet engine testbed at Alliance Airport in Fort Worth, Texas.

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WestJet adds senior execs to prepare for global expansion

WestJet Boeing 737-800


Fri, 12 Jan 2018 15:31:00 +0000

WestJet has hired three new vice presidents to the senior leadership team as the Canadian LCC prepares for expansion.

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