Airbus aircraft production to increase
Airbus aircraft production, specifically its A320 jets, is to increase, the company said as it announced a rise in 2013 profits.
Net income increased to...
Air France-KLM announces profits, invests in Brazilian airline Gol
Air France-KLM, the French-Dutch airline, announced a €130 million operating profit for 2013, after undergoing cost-cutting and reducing its workforce. In 2012 the company...
US travel visas undermine tourist industry
US travel visas are bad for the country’s tourist industry, says the CATO Institute.
If the travel visa requirements were lifted the United States would...
Air passenger complaints higher with established airlines
Established airlines are more likely to get air passenger complaints compared to cheaper airlines, regardless of the quality of service, says a new MIT...
Boeing profits increase by 26% to $1.23bn in Q4 2013
Boeing profits for the fourth quarter of 2013 increased by 26% to $1.23 billion, and revenue rose 7% to $23.79 billion.
However, the company added...
787 Dreamliner glitches affect 2% of flights, says Boeing
In 2013 Boeing was haunted by a string of 787 Dreamliner glitches, which have become less prevalent in 2014 but still affect 2% of...
Lockheed Martin Q4 2013 sales fall
Lockheed Martin, the US government’s and the world’s largest military contractor, reported a drop in sales in the fourth quarter of 2013 to $11.5...
Bombardier laying off 1,700 workers in Canada and US
Canadian airplane and train maker, Bombardier, announced today that it is to cut its workforce by 1,700 in the US and Canada, mainly in...
787 Dreamliner battery problems come back to haunt Boeing in 2014
Just as Boeing thought its 787 Dreamliner battery problems and other glitches had died in 2013, Japan Airlines reports it has grounded an aircraft...
Airbus delivered a record 626 airplanes in 2013
Airbus had a record 2013 delivering 626 aircraft, the company announced today. New airplanes were delivered to 93 different customers, fifteen of them new.
However,...