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Ethiopian Plans Order For Up To 20 Aircraft
Ethiopian Airlines is looking at placing an order for 10-20 narrow-body jets, its chief executive said. Ethiopian will probably study proposals from Airbus, Boeing and Bombardier, a new entrant to the market for 150-seat aircra...
Bombardier To Cut 1700 Jobs After Jet Delays
Bombardier said on Tuesday it will cut 1,700 aerospace jobs, or more than 4 percent of the unit’s staff, as it pushes to preserve cash after costly setbacks in the development of two new aircraft. Montreal-based Bo...
LOT Wants To Bring In A New Investor In 2014
Polish airline LOT wants to bring a new strategic investor into the company through a capital increase this year as its losses gradually decline, its chief executive said. LOT, in which the Polish state has a stake of ne...
Lufthansa To Appoint Spohr As CEO
Carsten Spohr Lufthansa will appoint management board member Carsten Spohr, currently in charge of its passenger airline business, as chief executive, a German newspaper reported on Friday. Citing company sources,...
Singapore, Air NZ Extend Ties With Code Share Deal
Singapore Airlines and Air New Zealand have deepened ties in a codeshare partnership that could divert some traffic from Australia, potentially adding to pressure on loss-making Qantas Airways. The tie-up is in line with...
United To Layoff 685 Flight Attendants
United Airlines will layoff about 685 flight attendants, as the US airline looks to prune its expenses as part of a USD$2 billion annual cost-cutting plan announced last year. United said it failed to attract enough take...
