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July 03, 2006

Boeing, Ryanair Announce Order For 10 More 737s

Boeing has logged 10 more orders for its 737-800, as Irish low-cost carrier Ryanair recently exercised some of its purchase options on a previous contract to add to its all-737 fleet.

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What Price Buyout? For EADS, It's EUR 2.75 Billion

European Consortium To Become Full Owner Of Airbus

A third-party banking firm called in to settle the pricing dispute betweeen EADS and Britian's BAE Systems over the European consortium's buyout of BAE's stake in Airbus has agreed on a final pricetag... but it may not be enough to convice shareholders to sell.

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Southwest Pilots Vote To Begin New Contract Talks

Current Extension Expires August 31

On Friday, pilots at Southwest Airlines -- the most profitable US carrier -- voted to reject the airline's offer of a one-year contract extension, in favor of starting negotiations on a new pay deal.

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Forgeard, Humbert Resign From EADS

Both Take Fall For A380 Delays

The drama surrounding the leadership of both Airbus and its parent company EADS came to a head over the weekend, as EADS co-CEO Noel Forgeard and Airbus chief Gustav Humbert -- both embroiled in scandal over delays in the A380 project -- both quit.

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Australia's Virgin Blue Makes Bid For US Routes

Asian Rival Shut Out Of Bidding

Australia's number-two carrier, Virgin Blue, is moving closer to obtaining routes from down under to the US. The Australian newspaper reports the carrier has issued an RFP (Request For Proposals) to both Boeing and Airbus... asking for information on up to five long-haul aircraft.

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