Several Air Transat Planes Grounded After A310 Almost Lost
Vertical Stabilizer
Ten Air Transat aircraft were grounded Sunday after the rudder
on an Airbus A310 "nearly fell off," according to the Canadian
Broadcasting Corporation.
Board Appoints James Bell Interim President and CEO; Lew Platt
to Expand Role
Taking the aerospace world by surpise, Boeing has announced that
its Board of Directors asked for and received the resignation of
President and CEO Harry Stonecipher on Sunday, March 6.
If you play the stock market, chances are you have a
more-than-passing interest in aviation stocks. Chances are equally
as good that you've watched with dismay the sell off in airline
stocks -- some of which are down as much as 25-percent this year
alone (it's only March).
Boeing's newest 777, capable of connecting virtually any two
cities in the world, is scheduled to make its inaugural flight
Tuesday from Paine Field in Everett, WA.
Beset with huge losses attributable to high costs and low fares,
the airline industry now has something else to worry about: the
aging insulation on some aircraft.