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.
Air China became the third airline to commit to the passenger version of the Boeing 747-8 since the launch of the program in 2005 with the signature of an “agreement” covering five 747-8 Intercontinentals. The agreement remains contingent on Chinese government approval, at which time Boeing will post the contract in its firm order book.
At Boeing’s colossal plant in Everett, Wash., the February 13 gathering of some 10,000 employees, government officials and customer, partner and supplier reps served not only as a chance to celebrate a long-overdue “unveiling” of the 747-8 Intercontinental, but as a reminder of a painful legacy left by top management a decade or more ago.
Lufthansa Technik is busy and expects to become busier. The Hamburg, Germany-based MRO and completion and refurbishment company is currently working on an A318 for a Middle East customer, a BBJ for a Far East client and two A340-400s for the German government.
The 14th anniversary of TWA 800 came and went this past July 17. Except for family members of the victims, few remember anniversaries of tragedies after the 10th year has passed. The media and general public might lose interest, but for those working to prevent a future disaster, the memory of the Boeing 747 midair explosion remains vivid and concerns about preventing a similar future disaster remain strong.
Amac, the Swiss MRO company founded in 2007, opened a 90,500-sq-ft widebody hangar at Euro Airport Basel on December 2. The new building stands next to the company's initial 45,000-sq-ft hangar, which is capable of accommodating two single-aisle airliners. Plans for another large hangar are already in the pipeline.
Rolls-Royce today confirmed that an oil fire led to the November 4 uncontained failure of a Trent 900 on a Qantas A380 on its way from Sydney to Singapore. In a statement issued this morning, the engine company said that the failure involved "a specific component" in the turbine area of the engine and led to the release of the intermediate pressure turbine disc.
Global air cargo traffic will expand at an annual rate of 5.9 percent over the next two decades, according to Boeing’s World Air Cargo Forecast for 2010/2011. Consequently, Boeing expects worldwide air freight traffic to triple through 2029.
Boeing released the biennial forecast today at the November 2 to 4 International Air Cargo Forum and Exhibition in Amsterdam.
A consortium of investors led by Switzerland-based Van Lattmann Corporate Communications (VLCC) has embarked on an ambitious project to operate VIP versions of the Airbus A380 as flying cruise liners. The first of the aircraft is provisionally named the Dicke Berta after the German “Big Berta” World War I gun.
Boeing mechanics joined the forward and aft fuselage sections with the wing and center section of the first 747-8 Intercontinental in Everett, Wash., this week.