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Archive for 2010/03/09


Iraqi Government firms 787 order

Iraq’s Government has formally signed for 10 Boeing 787 aircraft, but has yet to disclose an engine selection. The identity of the customer has been…

Airbus to raise A320 production rate

Airbus is stepping up its monthly A320 production rate to 36 aircraft, from 34, in order to prepare for market recovery. Production of its long-haul…

Aer Lingus revises restructuring as cabin crew rejects proposal

Irish flag-carrier Aer Lingus is having to adjust restructuring provisions following the results of staff cost-cutting ballots, forcing it to postpone the…

Cebu Pacific plans for IPO

Philippine low-cost carrier Cebu Pacific plans to raise about 12 billion pesos ($261.6 million) from an initial public offering (IPO) to fund the acquisition…

Safran ready to Leap ahead

Engine success is driving strong financial prospects for the French half of CFM