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December 10, 2014

Former Aer Lingus CEO Moves To Malaysia Airlines

Will Try To Rebuild The Carrier After A Very Bad Year

The former CEO of Aer Lingus has accepted the position as the head of Malaysia Airlines that has seen a dramatic slump in passenger confidence. Christopher Mueller's task is to turn around an airline that lost two planes and 537 lives in 2014, and put the carrier on a path to profitability.

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P&W Canada To Invest Over $1 Billion In R&D Over 4.5 Years

Will Develop Next Generation Of High-Performance Aircraft Engines

Pratt & Whitney Canada (P&WC) announced in both its Longueuil (Quebec) and Mississauga (Ontario) facilities that it will invest over $1 billion in research and development (R&D) over the next 4.5 years to develop the next generation of high-performance aircraft engines.

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Air New Zealand Selects Additional Rolls-Royce Trent 1000 Engines

Will Be Hung On New 787-9 Aircraft

Air New Zealand has selected Rolls-Royce Trent 1000 engines and long-term TotalCare support for two additional Boeing 787-9 Dreamliner aircraft.

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AD: The Boeing Company Airplanes

AD NUMBER: 2014-24-06

PRODUCT: Certain Boeing Model 787-8 airplanes.

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AD: Airbus Airplanes

AD NUMBER: 2014-24-07

PRODUCT: Certain Airbus Model A318, A319, A320, and A321 series airplanes.

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Boeing Forecasts High Diversity, Efficiency For 2015 Aircraft Financing

Strong Air Transport Industry Fundamentals Underpinning Finance Market Health

Boeing says decades of predictable, attractive returns have led to unprecedented diversity, efficiency and volume of financing for commercial airplanes, with airlines and lessors set to benefit from increased competition among lenders and historically low interest rates in 2015.

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