Category: Civil Aviation

The Boeing Company has recorded net income for 2009 of US$1.3bn (A$1.4bn), a fall of 51 per cent as delays and associated costs of the 787 and 747-8 programs outweighed stronger revenues from its defence businesses. The fall in income came as revenue increased by 12 per cent to a record US$68.3bn (A$76bn), driven primarily

The Financial Times is reporting that struggling American International Group may no longer sell off its International Lease Finance Corporation (ILFC) aircraft leasing subsidiary, amid other reports that its influential CEO and founder, Steven Udvar-Hazy is to leave the company. Citing sources close to the situation, the British newspaper claims AIG has realised that it will

Boeing has confirmed the first 747-8 Freighter started gauntlet tests on January 21, raising the prospect that the aircraft’s first flight will take place within weeks. The gauntlet tests simulate flying conditions in an attempt to test and validate all systems as part of preparing for first flight. Following a successful gauntlet, it is expected the aircraft

Airbus delivered its 6000th aircraft on January 19, an A380 to Emirates which is that carrier’s eighth of the type. To commemorate the milestone, more than 200 guests attended a special delivery ceremony at Airbus’s Hamburg delivery centre. The aircraft also features a special inscription alongside the Emirates livery noting that it is the 6000th