oneworld CEO Bruce Ashby to step down

Bruce Ashby is to step down as oneworld CEO later this year, after more than five years leading the world’s most highly prized airline alliance. He has made himself available to stay at oneworld’s helm until June to enable a seamless handover to his successor. After accepting his resignation, the oneworld Governing Board began an … Dowiedz się więcej

Federal Aviation Administration Approves Honeywell’s Hardware For Inmarsat Global Xpress In-Flight Wireless Network

Honeywell Aerospace’s (NYSE: HON) JetWave™ wireless in-flight connectivity system has received U.S. Federal Aviation Administration approval for the Boeing 757. Honeywell’s JetWave is the exclusive hardware for aircraft to connect to Inmarsat’s Global Xpress, the only high-speed broadband satellite network spanning the globe that will provide fast, seamless and reliable connectivity over both land and … Dowiedz się więcej

Boeing, Gulf Air Announce Order Conversion at Bahrain Air Show

Boeing [NYSE:BA] and Gulf Air announced the airline’s decision to convert its 16 787-8 Dreamliners on order to 787-9s as part of its long-term, twin-aisle fleet strategy and expansion.  The value of the airplanes is $4.2 billion at current list prices. “I am delighted that we have arrived at mutually agreeable solutions with Boeing and … Dowiedz się więcej

Ryanair’s 76 cabin crew bases agree 5 year pay deals

Ryanair, Europe’s favourite airline, today (21 Jan) announced that it has negotiated 5 year pay and conditions deal with all of its 76 cabin crew bases across Europe, following the successful conclusion of similar 5 year deals at all 76 pilot bases. Following weeks of direct negotiations between Ryanair and its elected cabin crew representatives, … Dowiedz się więcej

Boeing to Reduce 747 Production Rate, Recognize Fourth-Quarter Charge

The Boeing Company [NYSE: BA] announced today (21.01) it will lower the production rate on the 747-8 program to match supply with near-term demand in the cargo market. To account for the market and production impacts, the company will recognize a $569 million after-tax charge ($0.84 per share) when it announces financial results for the … Dowiedz się więcej