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Boeing is plunging after a report that the feds are investigating its accounting

The US Securities and Exchange Commission is reportedly investigating Boeing Commercial Airplanes' accounting practices with respect to the company's 787 Dreamliner and 747 jumbo jet programs. According to Bloomberg's Robert Schmidt, Julie Johnsson, and Matt Robinson, people with knowledge of the matter said the SEC was looking into Boeing's projections for the long-term profita...

An inside look at America's iconic B-2 Spirit Bomber

Air Force pilots of the 1980s-era stealthy B-2 Spirit bomber plan to upgrade and fly the aircraft on attack missions against enemy air defenses well into the 2050s, service officials said.   “It is a dream to fly. It is so smooth,” Maj. Kent Mickelson, director of operations for 394th combat training squadron, told Scout Warrior in an interview. In a special interview design...

Massive jump in Edinburgh Airport's international passengers

The number of people passing through Edinburgh Airport increased last month, with a "massive" jump in the number of international passengers. Latest figures showed 700,142 people used the airport in January, up 11.4% on the same month last year. The 342,540 international passengers recorded was a 21.7% annual increase, the greatest monthly rise since January 2008. Meanwhile, Gla...

Thales Eying Launch for Head-worn Aircraft Display

Thales is nearing the end of the proof-of-concept phase for its TopMax head-worn aircraft display and hopes to launch product development later this year. Thus far, a prototype display has logged about 40 hours of flight-testing aboard turboprop aircraft, as well as 10 hours in a simulator. The trials have shown that the right eye can be used, regardless of the pilot's dominant eye, said Thale...

One Minute Month: Business jet market January 2016

After a relatively disappointing 2015, all eyes are on the first month of 2016 to see if the drop off in European and US flight activity continues. Argus: US Flights up 3.0% between January 2015 and January 2016, but down -1.5% when compared to December 2015. WINGX: European flights down -4.5% from January 2015. WINGX – Substantial drop in activity, especially in leading Western...

Congressman loses battle in war on shrinking airline seats

A congressional soldier fighting a war against shrinking airline seats lost a battle in the U.S. House Thursday. In a 26-33 vote, a House committee defeated legislation that would have mandated size standards for airline passenger seats. "I am disappointed," Rep. Steve Cohen, D-Tennessee, said in a statement. "This was a vote against the safety and health of airline passengers.&q...

Saudia‘s Fleet Expansion Well Underway With 4th New Aircraft

The third Boeing 787-900 Dreamliner took off for Jeddah, Saudi Arabia, today to join the fleet of Saudia, the national carrier of Saudi Arabia. This is the fourth new aircraft delivered by Boeing to Saudia within two weeks, with the Dreamliner being the third of a total of eight ordered by the airline as part of its fleet expansion and modernization program. Saudia expects to get 29 new aircraf...

AERIA Luxury Interiors Redelivers First Green BBJ

ST Aerospace’s VIP completions brand ‘AERIA Luxury Interiors’ (AERIA) redelivered its first green BBJ (Boeing Business Jet) VIP completion for an undisclosed customer at the end of December, 2015. The San Antonio based affiliate company accepted the green BBJ in late 2014 directly from Boeing. The BBJ VIP interior features...

A major milestone for multi-tasking

It’s “full speed ahead” for Airbus’ A350 XWB with final assembly start-up for the new-generation jetliner family’s longest-fuselage member, the A350-1000 – which was kicked off this week, as per planning, in parallel with the baseline A350-900 version’s continued production ramp-up to meet market demand.  The no. 1 A350-1000 is one of three test ai...

Ryanair: 3 New Manchester Winter 16 Routes To Berlin, Hamburg & Nuremberg

Ryanair, Europe’s favourite airline, announced 3 new daily winter services from Manchester to Berlin, Hamburg and Nuremberg, beginning at the start of November. Ryanair celebrated its new Manchester winter routes by releasing seats for sale from just £19.99 for travel in November. These low fare seats are available for booking on the Ryanair.com website until midnight Tuesday (16 Fe...

airBaltic to Fly Riga – Rimini

Riga. The Latvian airline airBaltic will launch a new summer charter flight between Riga and Rimini on June 5, 2016 for Tez Tour. Martin Gauss, Chief Executive Officer of airBaltic: “We are delighted to serve Rimini, Italy for our excellent cooperation partner Tez Tour to boost summer travel. The new route from Riga to Rimini will offer excellent opportunities to visit one of the most fam...

Southwest Airlines Gives Employees Record $620 Million In 2015 ProfitSharing

Southwest Airlines Co. announced it will share $620 million through its ProfitSharing Plan with its Employees for 2015—equaling approximately 15.6 percent of each eligible Employee’s eligible compensation, or the equivalent of eight weeks’ pay. This $620 million contribution—nearly $1.7 million a day—is the largest total dollar amount Southwest has ever allocated to P...