Delta Air Lines plans to manage the volatile cost of jet fuel by getting into the oil refining business, an airline industry first. On April 30 the carrier said its wholly owned Monroe Energy subsidiary will acquire a refinery complex southwest of Philadelphia from Houston-based Phillips 66 for $180 million.
AIN Air Transport Perspective » May 7, 2012
If Pratt & Whitney executives felt discouraged by Mitsubishi Aircraft’s recent announcement that it would delay first flight and, likely, certification of the MRJ regional jet by a year-and-a-half, they didn’t show it last week after the airplane’s
The design window “is closing” on the final configuration of the re-engined Boeing 737 Max narrowbody airliner.
German flag carrier Lufthansa took delivery of the first 747-8 Intercontinental airliner from Boeing in ceremonial fashion on May 1, then flew the so-called “Queen of the Skies” from Everett, Wash., to its base in Frankfurt after a touch-and-go landing in Hamburg.
Once again monthly International Air Transport Association (IATA) airline traffic statistics reflected “positive distortion” caused by geopolitical and other factors, resulting in somewhat inflated data for March.
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