Qantas announces it will buy eight Boeing Dreamliners

Qantas Boeing 787





The Qantas turnaround has happened faster, and more dramatically than anyone – even management – could have ever imagined. The underlying pre-tax profit today of $975 million means it is close to the billion dollar profit mark not seen since before the Global Financial Crisis. And, truth is, there is more in store for Qantas […]






Dark Clouds Loom for Airlines Even as Their Profits Take Off

airplane





U.S. airlines are producing their biggest profits ever. But instead of clear skies, they are encountering problems that their recent prosperity, in some cases, is making worse. Employees at Southwest Airlines Co. and Delta Air Lines Inc. have rejected labor contracts in recent weeks, with some arguing that the compensation wasn’t sufficient given the industry’s […]






New Airbus Wing for A350-1000 Morphs In Flight

Airbus wing morphs during flight





Airbus has started production on a new wing for the A350-1000, considered to be the next generation of the new wide-body airliners in the A350-XWB family. The wing, 32 meters long and six meters wide, morphs in flight changing shape for maximum aerodynamic efficiency throughout the duration of the flight. The wing is also the […]






Indian Airline IndiGo Finalized huge order for 250 Airbus A320neo jets

indigo A320neo





Indian budget airline IndiGo finalized an exceptionally large order for 250 single-aisle Airbus A320neo jets on Monday to keep up with rapid growth in the country’s air travel. IndiGo, India’s largest domestic airline, had signed a preliminary order last year and firmed it up Monday, Airbus said in a statement. The manufacturer based in Toulouse, […]






Boeing contends with $489B order backlog

Boeing 777





The Boeing Co. sees demand for its products surge and currently carries a $489 billion backlog of jet orders. Greg Smith, CFO and executive vice president of business development and strategy, said this week that Boeing Commercial Airplane’s order book has created a “unique time in our history,” and the company is now focused on […]






Indonesian Trigana Air Crash: Debris Spotted in Mountains

Trigana Air ATR42-300 turboprop aircraft





Indonesian searchers believe they have located debris from an airliner that crashed in a mountainous area with 54 people on board. A search plane spotted the wreckage Monday, but a ground team hasn’t yet been able to reach it, said Raymond Konstantin, an official for Indonesia’s search and rescue agency. Authorities had said earlier that […]






Airbus lands biggest single order for airliners with IndiGo deal

indigo A320neo





Airbus has landed its biggest ever order after securing a deal with Indian budget airline IndiGo to sell 250 of its A320neo jets. Worth $26.6bn (£17bn) at list prices, the deal is the largest number of aircraft bought in a single order for the pan-European aerospace company. However, it is unlikely that IndiGo will pay […]






How Airbus’s bet on big Airbus A380 went awry

Airbus A380





Toulouse is always beautiful in August. But for staff at the Airbus HQ there, last week was particularly sweet. British Airways and its sister airlines Iberia and Vueling signed orders for 31 spanking new aircraft to add to their fleets. The shopping list was hefty, including 11 wide-bodied planes to drive Iberia’s new long haul […]






Boeing says domestic airlines moving closer to break-even

SpiceJet 737 MAX8





Boeing Corporation on Thursday expressed hope that domestic airlines, which have been bleeding for many years now, are moving closer to break-even as operating costs have fallen faster than fare reductions following the sharp dip in oil prices. “I believe that Indian airlines are moving closer to profitability after years of losses. Spicejet has declared […]