The new chief of Airbus says rival Boeing is engaging in a price war by discounting its 737 MAX airliner in a bid to steal marketshare from the Airbus A320neo. “Boeing is desperately trying now to boost the market share of the B737 MAX,” Fabrice Bregier told the German newspaper Welt am Sonntag. “They are
The US Federal Aviation Administration has proposed fining Boeing US$13.5 million over its failure to implement regulations designed to prevent a fuel tank explosion like the one that destroyed a TWA 747 off the coast of New York in 1996, killing all 230 people on board. The fine — the second largest ever put forward
Virgin Australia has been named the top airline in the Asia-Pacific region and the world’s third most improved carrier at the 2012 World Airline Awards. Jetstar, meanwhile, took home honours as the best budget carrier in the region and the world’s third best LCC. The awards, presented by Skytrax, were based on more than 18
Airbus announced a series of aircraft orders overnight but still found itself trailing well behind rival Boeing as a relatively subdued Farnborough Airshow headed toward its conclusion. For the week, the European manufacturer said it took in firm orders for 54 aircraft valued at US$11.1 billion and won commitments for another 61 aircraft worth US$5.8
A banner week for Boeing’s 737 MAX continued overnight with United Airlines announcing a firm order for 100 of the upgraded narrowbodies. The deal, coinciding with the Farnborough Airshow, also included firm orders for 50 current-generation 737-900ERs and was valued at US$14.7 billion at list prices. That brings the total value of Boeing orders from
European turboprop maker ATR has announced a series of aircraft orders at the Farnborough Airshow in the UK. They include: An Air Lease Corporation order for two ATR 72-600s. The deal represents the conversion into firm orders of two of the 10 options ALC included in a previous deal signed at the 2010 Farnborough Airshow.