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Boeing to cut more than 4,500 jobs to reduce costs

Airbus Shows Off Market Share in Latin America and Caribbean

Airbus showcased its aircraft and healthy market share at the FIDAE Air Show in Chile. Yesterday, Airbus Group SE highlighted its market share in Latin America and the Caribbean at the FIDAE 2016 air show being held in Chile. The company maintains that it has over 65% of the market share in...

Boeing And Airbus: The Order Battle In February 2016

Summary Two months into 2016 Boeing is in the lead. February was a weak month for both jet makers. Airbus received its first cancellations of the year. The order battle between Boeing and Airbus is one of the ways for Boeing and Airbus to flex their muscles, next to marketing t...

Falcon 8X Nearing Certification Finish Line

The Dassault Falcon 8X is now in the final stages of its flight-test and certification program as the French aircraft manufacturer prepares to begin deliveries of the ultra-long range trijet this summer. According to Dassault, FAAand EASA certification of the 6,450-nm/11,945-km 8X is expected by June. To date, three flight-test 8Xs have completed nearly all certifi...

EgyptAir A320 hijacked

An EgyptAir flight from Alexandria’s Burg Al-Arab airport to Cairo was hijacked and forced to land in Larnaca, Cyprus, on Tuesday by a passenger reportedly wearing an explosive belt. A hijacker informed the pilot of flight MS 181 he was wearing an explosive belt, the Egyptian Civil Aviation Ministry said in a statement. The Airbus A320 had 81 passengers, the ministry said. Cypriot authori...

Airbus A350-900 to Cover Extra Nautical Miles by 2020

The A350-900 version of the A350 XWB will offer better fuel efficiency and additional nautical miles by 2020. After conducting the successful maiden flight of its first A350-900 for Cathay Pacific last week, Airbus Group SE is now looking forward to further improve the aircraft’s performance in order to make it more competitive in the market. Earlier today, the aircraft manufacturer...

Boeing Becomes #4 Most Shorted Dow Stock, Replacing International Business Machines

The most recent short interest data has been released by the NASDAQ for the 03/15/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by “days to cover.” There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find...

Brussels attacks: Police release airport terminal

Belgian police investigating the deadly Brussels airport blasts that killed 28 travellers have concluded their investigations on site, officials say. A provisional survey of the terminal found the main building was stable. Meanwhile, a Belgian news agency says prosecutors charged a second man in connection with a foiled attack in the Paris region. There is no confirmation. Belgian police...

Ace pilots belly land passenger jet in Kazakhstan, all 116 passengers safe

Kazakh pilots safely landed a passenger plane without the use of its front wheels after a malfunction in the aircraft’s front landing gear on Sunday. The incident took place when the Fokker 100 aircraft operated by Kazakh airline ‘Bek Air’, which had departed from Kyzylorda, was landing at Astana International Airport on Sunday morning. The pilots realized the front wheels wer...

"Don't do that": Chilling final words of FlyDubai pilot seconds before Boeing 737 plane crashed killing 62

A Russian TV station has published a transcript of the last words exchanged between the crew one minute before the Boeing 737 hit the ground. A TV station has aired the final words of the pilot manning the FlyDubai passenger jet that crashed in Rostov-on-Don killing 62 people. The transcript suggests that a pilot error could be to blame for last week's disaster. However formal investi...

Could planes of the future have airbags for business class passengers?

A company has designed a plane seat with an airbag to protect passengers. The airbag, which would be fitted to business class seats, would deploy from a compartment next to the in-flight entertainment screen. Germany firm Recaro designed the airbag which would be triggered in the event of a plane crash. MailOnline reports that it would absorb the passenger's head and shoulders. In...

FlyDubai Pilots Fall Asleep During Flight at 34,000 feet

Russian RT television channel has released details from an aviation safety report from the Dubai-based FlyDubai airline showing that both the captain and the co-pilot of a plane on a commercial route fell asleep during one of the flights, leaving nobody in command of the aircraft. According to the report titled Air Safety Report Bulletin from June 2015, which was sent to RT by the captain, the...

The Black Sheep Tour 2016 - welcome on board!

For everyone working in Business Aviation EBACE is an annual big event you just can't miss. This year there is one more reason, why the event will be special - The Black Sheep Tour 2016. Who were imagining to be a WWII pilot...Now you have a unique opportunity to live this experience on board of DOUGLAS DC3 (1940) and some other warbirds such as YAK11, TBM Avenger, Nor...

Airbus let the internet dictate the design of its new futuristic planes

The Web is where chaos lives and sometimes, just sometimes, that can be a good thing. There have been countless viral articles recently that speculated about the planes of the future – where we might have glass bubbles on top of the aircraft or one with no windows, just screens giving an uninterrupted view of the world outside. Well, these ideas, as innovative as they are, probably won...

The Bikini Airline Created Southeast Asia’s First Self-Made Female Billionaire

Nguyen Thi Phuong Thao is the 45 year old CEO and approximately 90% owner of VietJet, the first private airline to gain approval to operate in Vietnam. She expects to sell up to 30% of the airline in an IPO this year. She made her first million at 21 trading fax machines and latex rubber. Her other major holdings are in commercial real estate. Nguyen Thi Phuong Thao with the CEO of Airbu...

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