Air France will negotiate with Boeing and leasing company AerCap to cancel the delivery of five 787 passenger jets, Chief Executive Frederic Gagey said on Monday as he unveiled new cost-cutting measures for the troubled airline.
The five Boeing planes had been due for delivery in 2016 and 2017, Gagey said during a news conference, adding that additional orders for the 787 were also under review by the French carrier, a unit of Air France KLM.
Gagey also signalled willingness to negotiate with staff over the planned cutbacks and said the company's operating margin would be positive in 2015. Air France has no current plans to launch a low-cost long-haul service, he said.
VIC Properties and Vertical Aerospace signed a MoU to explore the future introduction of electric air mobility services in Portugal, with an initial focus on Pinheirinho, the 400-hectar...
TAP Air Portugal successfully conducted operational tests of a new lightweight aircraft paint technology capable of reducing the weight of its aircraft by up to 26 kg per plane. This innovation is par...
The Arriel 2K engine that powers Leonardo’s AW09 helicopter, has received its type certificate from EASA. This marks an important milestone towards the entry into service of the AW09, Leonardo&r...
Federal Aviation Administration has issued a Special Airworthiness Certificate in the Experimental Category for Heart Aerospace X1 demonstrator aircraft. The certificate authorizes Heart to commence f...
