Lufthansa to Cut 95% of Flights

Lufthansa to Cut 95% of Flights

Lufthansa to cut 95% of the fleet in survival mode. Three of the world’s leading airlines laid bare the devastation the epidemic is inflicting on air travel, with Deutsche Lufthansa AG and Delta Air Lines Inc. parking a total of 1,500...
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Boeing Seeks “A Minimum $60 Billion” Government Bailout

Boeing Seeks “A Minimum $60 Billion” Government Bailout

Aerospace giant Boeing seeks “a minimum $60 Billion” government bailout after fully drawing-down $13 Billion credit line. This bailout demand comes after the company blew nearly $100 billion on  stock buybacks since 2013helping push its stock to...
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IATA: Airlines Urgently Need $200B In Capital

IATA: Airlines Urgently Need $200B In Capital

Global airlines running out of cash, need government support. Swift government action is needed to help global airlines that are in a desperate situation and running out of cash, the International Air Transport Association warned on a media call on...
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Airbus steamrolled Boeing with record jet deliveries

Airbus steamrolled Boeing with record jet deliveries

Boeing’s European rival Airbus wants to break its own record and bring aircraft deliveries to a new all-time high in 2020, as the American planemaker continues to struggle with the aftermath of the 737 MAX crisis. Airbus’s clients received a...
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US Spy Plane Bombardier E-11 BACN Crashed In Taliban Controlled Area Of Afghanistan

US Spy Plane Bombardier E-11 BACN Crashed In Taliban Controlled Area Of Afghanistan

Airliner crash originally reported by Afghan media now appears to be a USAF spy aircraft. Wreck of plane crashed today in Afghanistan looks like to be a USAF Bombardier Global Express 6000 / E-11A “BACN” (Battlefield Airborne Communications Node). ...
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This Plane Was Designed By Clowns, Who Are Supervised By Monkeys

This Plane Was Designed By Clowns, Who Are Supervised By Monkeys

This Plane Was Designed By Clowns, Who Are Supervised By Monkeys – reveals internal e-mails written by Boeing employees.  In recent weeks, a series of reports claiming Boeing neglected to turn over critical information to the FAA regarding the developme...
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FAA confirms new potentially catastrophic issue with Boeing 737 MAX wiring

FAA confirms new potentially catastrophic issue with Boeing 737 MAX wiring

The US Federal Aviation Administration (FAA) and plane manufacturer Boeing have confirmed a full review is underway into a wiring issue that could cause a ‘potentially catastrophic’ short circuiting on 737 MAX 8 aircraft. It comes as the aircraft t...
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Airbus Deliveries Soar To Record High As Boeing’s Fades

Airbus Deliveries Soar To Record High As Boeing’s Fades

A new report from Reuters specifies how Airbus locked in a record number of aircraft deliveries in Dec. to exceed full-year delivery targets while outshining troubled Boeing in becoming the world’s top planemaker. By midnight on New Year’s Eve, A...
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Boeing fires CEO Dennis Muilenburg after disastrous year

Boeing fires CEO Dennis Muilenburg after disastrous year

Boeing fires top boss and Aviation Week & Space Technology’s Person of The Year Dennis Muilenburg over failure to deal with 737 MAX crisis. US planemaker Boeing has replaced its CEO Dennis Muilenburg after the company faced a series of...
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Airbus wins orders for 170 aircraft

Airbus wins orders for 170 aircraft

Airbus has won $30bn (£23bn) worth of orders for 170 aircraft in another sign of the continued expansion of Middle East airlines. On the second day of the Dubai Air Show, Emirates announced the purchase of 50 Airbus A350-900 XWBs...
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GE to lose $1.4 billion this year from Boeing 737 Max grounding

GE to lose $1.4 billion this year from Boeing 737 Max grounding

GE manufactures the LEAP engines used for Boeing’s 737 Max airplane, which has been grounded worldwide following two deadly crashes in the past year. “We still expect this year to be impacted to the tune of about negative $1.4 billion”...
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Boeing CEO Testify In Front Of Senate

Boeing CEO Testify In Front Of Senate

Dennis Muilenburg – CEO of Boeing grilled in front of Senate – “We Made Mistakes” Boeing’s CEO appeared before the Senate Commerce committee today to address the controversy surrounding the two fatal 737 Max crashes that took th...
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Gulfstream introduces the G700 as the new flagship of its business jet family

Gulfstream introduces the G700 as the new flagship of its business jet family

Gulfstream is now (again) gunning for bragging rights to the world’s biggest private jet, according to Bloomberg. Gulfstream’s G650 was unseated as the world’s largest luxury jet by Bombardier’s Global 7500 last year. But now, Gulfstre...
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Boeing Revenue Tumbles 20%

Boeing Revenue Tumbles 20%

Boeing Revenue Tumbles 20% As Cash Burn Soars Most In 9 Years; 787 Production Throttled.  One of the busiest days of Q3 earnings season is quickly turning into a nightmare for corporate America, as first CAT stunned markets by slashing...
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Dennis Muilenburg Out as Boeing Chairman

Dennis Muilenburg Out as Boeing Chairman

Aviation Week & Space Technology “Person of The Year” Dennis Muilenburg Out as Boeing Chairman, Remains CEO. Because sheer madness has captured many airlines that had to ground a number of Boeing 737 MAX planes for an unknown period of time ...
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