Boeing Co stood by the troubled lithium-ion battery technology that this month grounded its new, high-tech 787 Dreamliner and said on Wednesday that the grounding had no significant impact on its 2013 financial forecast.It’s “business as usual,” CEO Jim McNerney said as the Chicago company posted market-beating profits for the fourth quarter.Responding to revelations that …
Category Archive: Airline News
Frontier Airlines Announces Columbus – Princeton/Trenton Service – Yahoo! Finance
Frontier Airlines today announced it will return its low-fare service to Columbus Airport (CMH), with new nonstop service to Trenton-Mercer Airport (TTN), the gateway to New Jersey’s state capital, all of central New Jersey, and southeast Pennsylvania, including metro Philadelphia. Frontier will launch three weekly nonstop flights on this route starting April 8, 2013. To …
Boeing 787 fire at Boston airport renews safety concern | Reuters
Jan 7 Reuters – Fire broke out on an empty Boeing Co 787 Dreamliner jet parked at a gate in Boston on Monday, putting safety concerns about the new, carbon-composite jet back in the spotlight and drawing attention from federal investigators.Officials said the fire started when a battery in the Japan Airlines Co Ltd jet’s …
US Airways makes AMR merger offer, Jan deal possible – Reuters
U.S. Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp and its creditors that could value the combined airline at around $8.5 billion, a person familiar with the situation said on Friday. Under the all-stock proposal US Airways made in mid-November at a meeting with AMR’s unsecured creditors committee, …