Qantas reaches agreement with engineers

Qantas said that it had reached an ‘in principle’ Enterprise Bargaining Agreement (EBA) with the Australian Licensed Aircraft Engineers Association (ALAEA). The new four-year agreement, which will be the subject of a formal vote, covers nearly 1,600 Qantas Engineering employees. The Chief Executive Officer of Qantas, Mr Geoff Dixon, said the agreement was important for the Qantas Group and its employees. “The agreement has been the subject of intense negotiations in recent weeks and will create a foundation for jobs growth in Qantas, as well as providing a solid base for aircraft maintenance in Australia,” Mr Dixon said.

Email Post to a Friend Email Post to a Friend

Airbus foresees demand for some 24,300 aircraft in the next 20 years

According to its latest Global Market Forecast, Airbus foresees a demand for some 24,300 new passenger and freighter aircraft valued at $ 2.8 trillion between now and 2026. This will create an average annual delivery of some 1,215 aircraft, up from the previously forecast 1,130 average deliveries in the last GMF. Demand will drive the need for more fuel and eco-efficient airliners to cope with traffic growth and the need to replace older generation less efficient aircraft. By 2026, the fuel burn of the average world fleet is expected to be at three litres per 100 passenger kilometres, or what Read more

Email Post to a Friend Email Post to a Friend

ATR and Lonrho sign 2 additional ATR 72-500s

ATR and the pan-African investing conglomerate Lonrho announced the signature by Lonrho’s wholly-owned subsidiary, Lonrho Air, of a MoU for the purchase of 2 ATR 72-500s. Today’s deal follows a first order for 8 new aircraft, announced in January 2008. These 10 new ATR 72-500s will be deployed by Fly540, an airline belonging to the conglomerate. All the aircraft will be configured with 66 seats, including 12 in first class, and will be equipped with higher rated PW 127M engines, with the “Elegance Cabin” and with In-Flight Entertainment

Email Post to a Friend Email Post to a Friend

Boeing enters into agreement with TAL Manufacturing Solutions

Boeing announced it has entered into an agreement with India-based TAL Manufacturing Solutions Ltd., a wholly owned subsidiary of Tata Motors Ltd., for manufacturing structural components for Boeing’s 787 Dreamliner airplane program. Under the agreement, TAL Manufacturing Solutions will build floor beams for the 787 using new technology with advanced titanium and composite materials. These floor beams will be used on the 787 Dreamliner and provide for a best-value solution and significant weight savings. Financial terms of the agreement were not disclosed. The floor beams for the 787 airplane will be produced at TAL’s new facility in Nagpur, India, and Read more

Email Post to a Friend Email Post to a Friend

Robert J. Regan to become VP and General Counsel of AAR CORP.

AAR released that Robert J. Regan, who will join AAR on March 3, has been selected as the Company’s next general counsel following the retirement of Howard A. Pulsifer who, after 20 years, plans to retire effective June 1, 2008. Regan previously served as a partner at Schiff Hardin LLP, a general practice law firm, where he has represented AAR CORP. and its businesses for more than 25 years.

Email Post to a Friend Email Post to a Friend