The U.S. Department of Justice, six state attorneys general and the District of Columbia filed a civil antitrust lawsuit on Tuesday challenging the proposed $11 billion merger between US Airways and American Airlines’ parent corporation, AMR. The d
The European Commission approved the proposed merger of US Airways Group and American Airlines parent company AMR Corporation on Tuesday, eliminating one hurdle to the companies’ plan to create the world’s largest airline.
An Ethiopian Airlines Boeing 787 parked at London Heathrow Airport caught fire Friday afternoon, forcing the closure of the airport and sending Boeing shares plummeting on the New York Stock Exchange.
The airport suspended all takeoffs and landings while emergency teams sprayed the airplane with fire retardant, but reopened within an hour and a half.
Delta Air Lines and Virgin Atlantic Airways took the first step toward confronting the formidable threat of the recent British Airways-American Airlines pairing as regulators approved Delta’s acquisition of Singapore Airlines’ 49-percent stake in the UK carrier last week. The acquisition means that Virgin Atlantic and Delta have cleared a major hurdle in their effort toward forming a full joint venture, an antitrust review of which the U.S. Department of Transportation expects to complete during this year’s third quarter.
ILFC, a wholly owned subsidiary of American International Group and one of the world’s largest aircraft lessors, preaches diversification in terms of aircraft and engine purchases, geographical distribution of its fleet and in the forms of leasing and financial programs it employs. Its Airbus A320 orders, which number 769 following additions at last month’s Paris Air Show, perhaps best reflect the company’s philosophy, notwithstanding the calculated risk it took when it signed as the A320neo’s launch customer.
Qatar Airways CEO Akbar Al Baker is upbeat on the market, having ordered nine Boeing 777-300ERs, valued at $2.8 billion (at list prices), of which seven are options. “When we say options, we always make them firm orders,” he said. “Options [simply] give us the flexibility of moving up delivery dates.”
Al Baker said the new aircraft would allow the airline to open new long-haul routes to the U.S. Two of the new jets will be delivered in early 2014.
Boeing fired the starting pistol on the much-anticipated launch of the 787-10 here yesterday, in the process collecting order commitments for 102 airplanes from five customers across Europe, Asia and North America. Air Lease, United Airlines, GE Capital Aviation Services, British Airways and Singapore Airlines form the group of launch customers.
UK airline easyJet placed conditional orders with Airbus on Tuesday for 100 new A320neos and 35 Sharklet-equipped A320s worth $12 billion at list prices. The A320s are scheduled for delivery between 2015 and 2017, while the A320neos will be delivered from 2017 to 2022, according to the announcement at the Paris Air Show.
EasyJet said 85 of the aircraft will be used to replace aging aircraft as they leave the fleet over the next nine years; the remaining aircraft deliveries will support the carrier’s strategy of increasing its seat capacity by 3 to 5 percent annually.
The UK’s Air Accidents Investigation Branch’s preliminary report on the May 24 incident involving a British Airways Airbus A319 at London Heathrow (LHR) appears to point to inadequate ground maintenance and pre-flight checking. In a special bulletin issued on May 31, the AAIB confirmed that the fan cowl doors on both engines had been left unlatched after maintenance. Just after liftoff, both engine cowlings separated from the aircraft, causing damage that eventually led to one engine fire and shutdown.
GA Telesis and Finnair have entered into an agreement in which GA Telesis has acquired part of Finnair Engine Services and will employ 80 engine-service professionals from Finnair’s existing workforce. The deal comprises the sale of assets and transfer of personnel to GA Telesis Engine Services (Gates). Gates has simultaneously entered into a long-term lease of all of the engine maintenance and test cell facilities from Finnair.