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European plane maker Airbus emerged as the clear winner at the Farnborough International Airshow on Thursday after racking up plane orders dwarfing the deals done by U.S. rival Boeing Co.
Stunt pilot Sean Tucker, who has thrilled air show audiences with daredevil moves in more than 1,000 performances, said he got his start by trying to face his flying fears.
A JPMorgan analyst on Friday upgraded shares of United Airlines' parent UAL Corp. all the way to "Overweight" from "Underweight," suggesting investors buy up shares before an expected capital plan is announced next week.
Qantas Airways, Australia's largest airline, will cut about 4 percent of its jobs worldwide to cope after fuel prices have nearly doubled over the past year.
The FBI says a six-hour search has turned up no explosives on a Qantas jetliner that was grounded at Los Angeles International Airport following a bomb threat. The flight was supposed to depart for Sydney, Australia, at 10 a.m. Friday but precautions were taken when a threat came in a telephone call to law enforcement officials.
American Airlines will cut 1,500 jobs in its maintenance division as part of the 6,800 job cuts it announced two weeks ago.
With jet fighters overhead, it was easy to be distracted at the Farnborough International Airshow last week. But for executives, there were distractions on the ground, too.
SYDNEY (Reuters) - Australia's top airline, Qantas Airways Ltd (QAN.AX), will cut 4 percent of its workforce and scrap its growth plan for the coming year, saying the business would be at risk if it fails to offset soaring fuel prices.
American Airlines will cut 1,500 jobs in its maintenance division as it reduces its fleet of aircraft. The nation's largest airline told employees of the cuts in memos this week.
Qantas Airways announced Friday it was slashing its work force by 1,500 people worldwide, the latest in a string of measures to try to offset skyrocketing fuel costs.
(AP) — Airbus notched another plane order as the trade days of the Farnborough International Airshow wound to a close Thursday, pushing the European plane maker even further ahead of its U.S. rival Boeing Co. in deals done at the event. Airbus announced it will sell 10 long-haul A350 XWB ...
By JIM FUQUAY American Airlines has told union officials that about 1,300 mechanics positions, plus about 200 fleet-support personnel, could be eliminated this fall as part of the carrier’s plan to trim its route network and work force. As the airline has done with flight attendants and pilots, the company will first offer buyouts to senior workers, said Tim Wagner, an American spokesman. The ...
Associated Press - July 19, 2008 7:03 AM ET LOS ANGELES (AP) - A Qantas jetliner has departed from Los Angeles for Australia after the airline and law enforcement authorities determined a bomb...
Chapter 7 | A media frenzy grows around California congressman's private life.
DALLAS » American Airlines will cut 1,500 jobs in its maintenance division as it reduces its fleet of aircraft. The nation's largest airline told employees of the cuts in memos this week. American did not break down the cuts by location. The airline has maintenance hubs in Kansas City, Mo.; Tulsa, Okla.; and Fort Worth, Texas, plus many smaller bases across the country. (AP)
Airbus supersalesman John Leahy had his best Farnborough Air Show ever, handily topping Boeing's order tally, but the European plane-maker faces significant production and political issues.
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