News
LOT Agrees 787 Compensation With Boeing
Polish flag carrier LOT said it had agreed with Boeing on compensation for the faults that grounded its 787 Dreamliners. “I can confirm that the agreement was signed yesterday, but we cannot reveal the details,R...
Lufthansa To Revamp Frequent Flyer Scheme
Lufthansa plans to revamp its frequent flyer scheme Miles More in a bid to boost growth at the business, joining a trend among airlines, some of which have spun them off. The reorganisation is part of a wider restructuri...
EADS To Cut 5,800 European Jobs
Airbus parent EADS plans to cut 5,800 European jobs in a three-year restructuring of its military and space activities, the European aerospace group said on Monday. The cuts will be spread between Britain, France, German...
Australian PM Spurns Qantas Plea For Help
Australia’s prime minister Tony Abbott spurned a plea for help from Qantas Airways on Friday, saying subsidising the embattled airline would be “a bottomless pit” as its credit rating was relegated to j...
LOT 787 Grounded Due To Wind Damage
A Boeing 787 Dreamliner operated by Poland’s LOT was grounded in Chicago on Friday after strong winds on a flight from Warsaw damaged its spoiler, a LOT spokeswoman said. “The aircraft went from Warsaw to Chi...
Airbus Leads Order Race, Lags Boeing On Deliveries
Airbus and Boeing look set for a photo finish in their annual order race this year, but Airbus was well in front of its rival in the first 11 months as negotiators work out the small print of major deals clinched at the ...
