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Airbus Opens New A350 Plant in Toulouse
Airbus A350 XWB final assembly line, Toulouse. Airbus inaugurated a factory for its A350 jet on Tuesday, sparking a new phase in the race for fuel efficiency and profits with Boeing. French Prime Minister Jean-Marc Ayrau...
Kingfisher Makes Offer To Striking Workers
India’s debt-ridden Kingfisher Airlines, which is seven months behind on salary payments, is offering to pay three months wages by November 13 and clear the arrears every month after that, if striking employees ret...
Boeing Statement on Turkish Airlines’ Commitment to Order 777s
When finalized, the agreement will be worth $4.7 billion at list prices and includes options for five additional 777-300ERs. Boeing [NYSE: BA] confirms that Turkish Airlines announced a commitment today to order 15 777-300ERs (...
Air France Wants Air Berlin Alliance Change
Air France wants Air Berlin to join its SkyTeam alliance and abandon its membership of the rival oneworld grouping, according to a newspaper interview with the French carrier’s chief executive. Air France-KLM, Air ...
Turkish Air To Buy 15 Boeing 777-300ERs
Turkish Airlines has decided to buy 15 Boeing 777-300ERs by 2017 with an option to buy five more, it said in a statement on Monday. The flag-carrier said it would place orders for 3 planes for delivery in 2014, 7 in 2015...
Aegean In Talks To Buy Olympic Air
Greek carrier Aegean Airlines is in advanced talks to buy rival Olympic Air, two sources close to the airlines said on Monday. Former state carrier Olympic Air has been owned by Marfin Investment Fund since being privati...