Jobs lost at Denel aerospace unit
South Africa’s Denel’s Saab Aerostructures division has announced some 161 permanent staff have been cut. This is the first of a wave of job cuts expected as the division, which has been affected by...
South Africa’s Denel’s Saab Aerostructures division has announced some 161 permanent staff have been cut. This is the first of a wave of job cuts expected as the division, which has been affected by...
A report prepared KFHR Limited, a subsidiary of Kuwait Finance House (KFH), has stated that Islamic finance deals have contributed to the growth of the aviation sector in the region. KFHR expects more...
Martin Broughton, chairman of British Airways, has described certain airport security measures as “completely redundant”. Forcing people to take off shoes and laptops examined separately in security l...
The European Union has outlined plans to tax member states directly by levying new taxes on air travel and financial transactions. The proposals submitted by the European budget commissioner, Janusz L...
MTU Aero Engines Holdings’ nine-month results for 2010 show that the firm is on track to achieve its yearly targets. Revenues increased by 2% to €1,992.3 million after €1,954.9 in the previous year. M...
Turkish Aerospace Industries (TAI) has announced it is considering possible deals with a number of international companies to build passenger aircraft. The Turkish foreign trade minister Zafer Çağlaya...
French newspaper Les Echoes has reported that Airbus is seeking partners to take on some of the financing and risk for the A230 NEO. Airbus is expected to announce by the end of the year whether it wi...
Air France-KLM Group has raised its full-year forecast following a strong third quarter. The group now expects to post a positive operating profit when it had been expecting only to break even. The ai...
The International Air Transport Association (IATA) has stated that although global passenger travel has grown in September, the pace of cargo traffic growth has slowed due to waning business confidenc...
Geoffrey Kinghorn, the son of the founder of Allco Finance Group, John Kinghorn, is reported to be suing Allco's receiver for malicious prosecution over an abandoned Federal Court case relating to the...
Cebu Air CEO and president Lance Gokongwei says he expects its international business to be larger than its domestic business in less than five years. The statement was made as the Philippine budget a...
Boeing vice president, environment and aviation policy, Billy M Glover, called the announcement that the US Department of Agriculture and the Federal Aviation Administration are working together to br...
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