Airbus Americas Engineering has opened its new engineering center on Wichita State University’s new Innovation Campus, with about 300 engineers and support staff.
As Boeing works toward the expected launch of the 737-10X around midyear the company has offered more details of the design and test plan for the extended main gear which is pivotal to the configuration of the stretched twin.
25 Years Ago Aug. 1, 1991—Eastern Air Lines stopped flying in January, but its lawyers and financial consultants keep on billing. To prevent insolvency, a New York bankruptcy judge refuses payment on $19 million of the nearly $86 million in professional fees run up since Eastern declared bankruptcy in March 1989.
To list an event, send information in calendar format to Donna Thomas at [email protected]. For a complete list of Aviation Week Network’s upcoming events, and to register, visit www.aviationweek.com/events (Bold type indicates new calendar listing.) Apr. 25-27—MRO Americas, Orange County Convention Center, Orlando, Florida. For more information go to www.aviationweek.com/events
Wesco Aircraft Holdings, which provides consumables and supply chain management to the global aerospace industry, suddenly is changing CEOs and warning Wall Street of disappointing earnings to come.
The private equity owners of Sequa, the embattled umbrella corporation for airline-aftermarket provider Chromalloy and Precoat Metals, say they have closed new financing deals that should solidify the indebted company.
Garuda Indonesia expects its aircraft fleet total to remain relatively stable through the remainder of this year, with new deliveries largely offset by retirements and lease returns.
Following news that activist hedge fund Third Point is pushing for Honeywell to spin off its aerospace business, a Wall Street analyst said the company could eventually wind up in the hands of another big aerospace firm in a few years.
Unanticipated production costs for cabin interiors are signaling a slower than desired recovery for Zodiac Aerospace, which is now struggling to retain Safran’s interest for a planned takeover and is working on a “standalone” scenario in case negotiations fail.
Air China will use Airbus A330-200s between Zurich and Beijing, flying four times a week. It will use Airbus A320s for the Astana service, with three weekly flights.
FRANKFURT—Air Berlin is on the lookout for “new partnerships and cooperations” as the airline tries to speed up its restructuring process. The airline, 29.2% owned by Etihad Airways, will be seeking these partnerships “in the coming weeks and months,” according to new CEO Thomas Winkelmann. While he did not specify the exact form they could take, partnership in the context of the ongoing Air Berlin crisis almost certainly can be translated into equity investment.
Japan Airlines expects another dip in profits for the current fiscal year, although the carrier is also projecting robust capacity and earnings growth in the longer-term.
