The chief executive of the aircraft and railway equipment maker Bombardier, Pierre Beaudoin, will step down, as the company announced dismal earnings and the need to raise additional capital. Link
A totally legit Russian research & development production company that makes actual space suits for real astronauts and ejection seats for Sukhoi and MiG fighter jets has now patented an escape system for light airplanes. Link
Lufthansa will launch its first-ever service to Panama on November 16, with its new lower-cost operation internally code-named ‘Jump’ operating the flights. Link
Transavia, a wholly owned subsidiary of the Air France KLM Group, has ordered 17 Next-Generation 737-800s, with three options. The order, valued at $1.6 billion at current list prices, was previously booked and attributed to an unidentified customer. Link
Korean Air has placed an order for five Boeing 777 freighters, valued at more than $1.5 billion at current list prices. Link
Lufthansa’s low cost airline, Germanwings has cancelled nearly 340 outbound flights from Germany in two days because of a walkout by pilots. A Germanwings spokesman confirmed that “the strike began late last night and will continue until 2259 (UK Time) on Friday” The strike had grounded 158 out of 430 flights on Thursday and 180…
United Airlines’ customers were left very angry on Wednesday evening after the company said that they would be voiding all of the tickets that were sold at a hugely discounted rate because of a computer glitch. The error, which was identified by visitors to the website on the morning of Wednesday, which saw that the first class, round trip…
YV1674 back in 2011 // Via jetphotos.net A Beechcraft 1900C operated by Servicio Pan Americano de Protección of Venezuela with the registration of YV1674 had crashed in trees two miles from Miami Executive Airport after takeoff, approximately 2:40pm local time. The four people onboard were killed in the crash. The aircraft had departed the airport…
GE Aviation successfully tested the world’s first non-static set of light-weight, ceramic matrix composite (CMC) parts by running rotating low-pressure turbine blades in a F414 turbofan demonstrator engine designed to further validate the heat-resistant material for high-stress operation in GE’s next-generation Adaptive Engine Technology Demonstrator (AETD) program currently in development with the United States Air…
Bombardier Inc named a former United Technologies Corp executive as CEO, and reported a quarterly loss due to a $1.4 billion charge related to its decision to suspend its Learjet 85 business aircraft program. The Canadian plane and train manufacturer said Alain Bellemare would replace Pierre Beaudoin, who is stepping down as president and chief…
