Boeing made its plans to re-engine the 737NG official on August 30, when it announced board approval to proceed with development of a CFM Leap-1B-powered version of the world’s best selling commercial airplane, dubbed the 737 MAX. However, the company has yet to decide where it will build the new family of airplanes.
Boeing made its plans to re-engine the 737NG official today when it announced board approval to proceed with development of a CFM Leap-1B-powered version of the world’s best selling commercial airplane. So far, the company claims order commitments for 496 airplanes from five airlines and “a strong business case.”
Boeing’s 787 Dreamliner, which during its seven-times delayed development program has seemed more of a nightmare than a dream, became a joyful reality on August 26 when the new widebody received initial type certification.
American Eagle pilots reached an agreement with management in late July that guarantees an opportunity to work for American Airlines as AMR prepares to divest itself of its regional airline holdings. Under the settlement, Eagle pilots will occupy at least 35 percent of every American Airlines new-hire class, and that percentage will increase to offset any potential periods of retraction.
Most major U.S. airlines stayed profitable in the second quarter despite dramatically higher fuel costs. Delta, United Continental, US Airways, Alaska Airlines and JetBlue all reported quarterly profit in earnings releases late last month. An exception was American Airlines, which reported a net loss of $286 million blamed in large part on fuel prices. The story sounded similar across the Atlantic.
In an effort to halt $14 million in annual losses, Delta Air Lines plans to “adjust” flying in 24 markets in concert with the retirement of its Saab 340 turboprop fleet.
Paris Air Show organizers promised a feel-good factor from this year’s event, staged at Le Bourget Airport from June 20 to 26, and clearly they were in the know as to the deluge of new business coming their way. Airline bosses pitched up in the French capital with seemingly open checkbooks to order well over $100 billion worth of new aircraft and engines.
Airline passenger traffic continues its climb out from recessionary lows, but faces headwinds caused by spiraling fuel prices.
The management and pilots of American Eagle are “aggressively” preparing for an eventual divestiture of the regional airline from AMR, Eagle’s Air Line Pilots Association master executive council vice chairman, Dave Ryter, told AIN in late March.
Japan Airlines exited bankruptcy today, after the Tokyo District Court found that JAL had repaid more than two thirds of the monetary claims listed in a reorganization plan.