While talk of lawsuits might sound premature while the search for a missing Malaysia Airlines Boeing 777 continues, law firms have already begun the chase for compensation for those who now seem certain to have lost loved ones.
AIN Air Transport Perspective » March 31, 2014
Japan’s ANA Holdings on March 27 said it will place firm orders for 70 new Boeing and Airbus aircraft, including the new Boeing 777-9X, additional 787 Dreamliners and new Airbus A320neos. ANA valued the order at $16.6 billion at list prices, the largest aircraft order in its history.
An extension of the contract to maintain the A320 final assembly line in Tianjin, China, by another 10 years led a series of agreements Airbus entered with Chinese partners on Wednesday that also marked the end of a bitter trade dispute over Europe’s Emissions Trading Scheme (ETS).
GE Aviation announced on March 26 that it will break ground this year on a new $100 million assembly plant in Lafayette, Ind., to produce Leap engines for narrowbody airliners as part of its CFM International joint venture with France’s Snecma. It expects the plant will create 200 jobs by 2020.
Over the last 20 years, the aviation industry has documented more than 200 incidents in which turbofans have lost power during high-altitude flights, according to NASA.
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