US Airways LCC flight attendants, represented by the Association of Flight Attendants – CWA AFA, ratified a new contract today that provides immediate pay increases and includes support for the merger of US Airways and American Airlines. The new contract opens four-party negotiations with American’s flight attendant union and airline representatives, an initial step in …
Beechcraft, formerly Hawker Beechcraft, with headquarters and major manufacturing facilities in Wichita, Kansas, announced on February 19 that it has formally emerged from Chapter 11 after securing long-term financing that ends the bankruptcy process. The company’s Joint Plan of Reorganization was approved by the U.S. Bankruptcy Court for the Southern District of New York on …
SYDNEY—Qantas Airways Ltd. QAN.AU +2.79% said its first-half profit more than doubled, as compensation payments from Boeing Co. BA +0.17% for late plane deliveries masked an otherwise weak operating performance. Even so, investors took heart from a sharp narrowing in losses at the company’s international unit as an aggressive turnaround strategy that has led the …
Lufthansa Group has announced plans to purchase 108 new Airbus and Boeing aircraft, valued at €9 billion $12 billion based on list prices. The order will be made up of 100 short- and medium-range aircraft, as well as eight long-range aircraft. Deliveries are scheduled for 2015 to 2025. Lufthansa is in ongoing discussions with both …
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