AMR Corporation and its two U.S. airline subsidiaries, American Airlines and American Eagle, filed for Chapter 11 bankruptcy today after failing to agree to cost-cutting measures with its pilots.
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M), the maintenance branch of the airline group, is here at the Dubai Air Show (Stand W420) promoting AMES, its local joint venture with nacelle manufacturer Aircelle, as well as the services it offers in engine and compo
For many months Boeing expressed a preference to introduce an all-new airplane in the narrowbody jet segment to replace its 737NG family by 2019.
On several fronts Europe’s regional airlines face challenges to achieve parity with larger airlines–which operate larger aircraft and wield more clout–and the heavily subsidized rail sector.
Talks between the pilots of American Eagle and the management of AMR over the terms of a proposed divestiture of the regional airline reached an impasse over this weekend.
Boeing made its plans to re-engine the 737NG official on August 30, when it announced board approval to proceed with development of a CFM Leap-1B-powered version of the world’s best selling commercial airplane, dubbed the 737 MAX. However, the company has yet to decide where it will build the new family of airplanes.
Boeing made its plans to re-engine the 737NG official today when it announced board approval to proceed with development of a CFM Leap-1B-powered version of the world’s best selling commercial airplane. So far, the company claims order commitments for 496 airplanes from five airlines and “a strong business case.”
Boeing’s 787 Dreamliner, which during its seven-times delayed development program has seemed more of a nightmare than a dream, became a joyful reality on August 26 when the new widebody received initial type certification.
American Eagle pilots reached an agreement with management in late July that guarantees an opportunity to work for American Airlines as AMR prepares to divest itself of its regional airline holdings. Under the settlement, Eagle pilots will occupy at least 35 percent of every American Airlines new-hire class, and that percentage will increase to offset any potential periods of retraction.
Most major U.S. airlines stayed profitable in the second quarter despite dramatically higher fuel costs. Delta, United Continental, US Airways, Alaska Airlines and JetBlue all reported quarterly profit in earnings releases late last month. An exception was American Airlines, which reported a net loss of $286 million blamed in large part on fuel prices. The story sounded similar across the Atlantic.