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Airline Shares Slipped Back At Year End
Airline shares slipped back in December from their November prices, falling slightly more than broader markets, according to an IATA Economics report. But year on year, taken against the start of 2013, airline shares are...
JAL Grounds Boeing 787 After Battery Problem
Japan Airlines has temporarily grounded one of its Boeing 787 Dreamliners at Tokyo’s Narita Airport after white smoke was spotted outside the aircraft and a battery cell showed clear signs of leaking. The incident raised ...
United Drops 12 Airbus Orders In December
United Airlines in December dropped orders for 12 Airbus A320-family planes worth around USD$1.08 billion at list prices, the company said. “We are continually evaluating our fleet needs and making adjustments to o...
FAA Investigates Southwest Landing At Wrong Airport
US authorities are investigating why a Southwest Airlines jet carrying 124 passengers landed at the wrong airport near Branson, Missouri, late Sunday, a Federal Aviation Administration spokeswoman said. The Boeing 737-70...
Alitalia To Ask Banks For More Money
Alitalia will ask banks to provide it with additional funding, chief executive Gabriele Del Torchio said on Monday. Earlier in January the newspaper Il Messaggero said Alitalia had asked banks to extend an existing loan ...
Airbus Posts Record Orders, Considers Production Increase
Airbus posted an industry record of 1,619 new aircraft orders in 2013, pushing its backlog to almost nine years of production, and said it was examining the potential for a two-stage increase in production of its most po...