Archive for February 2014

Ethiopian Flight 702 En Route to Rome Hijacked by Co-Pilot, Requests Asylum in Geneva

An Ethiopian Airlines flight originally bound for Rome was hijacked by the plane’s co-pilot and landed in Geneva after circling the air above the Swiss capital Monday morning. (More on the Co-Pilot Hijacking HERE) The incident ended with the hijacker being arrested by Swiss authorites (see below). Ethiopian Airlines flight 702 departed from Addis Ababa…

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Will Boeing Lose $1.9 Trillion, and This Major Market, to Airbus?

On Feb. 9, Boeing released its 20-year market forecast for the Asia-Pacific region. The good news is the 20-year market for new airplanes is valued at $1.9 trillion. The bad news is Boeing faces stiff competition from its chief rival, European Aeronautical Defense and Space’s Airbus. Here’s what else you need to know. When giants…

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Airline Passenger Group Calls for Transparency in American US Airways Merger

FlyersRights.org, the largest airline passenger advocacy organization, has filed comments with the US Department of Justice calling for the release of lobbying, political contribution and negotiating communications that preceded the sudden November settlement of the Obama Administration’s antitrust suit to block the largest airline merger in US history. Under the Tunney Act, the US District…

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Boeing, Nok Air Announce Commitment to Order 737 MAXs, Next-Generation 737s

NOKAIR 737-MAX8 and 737-800

Boeing and Nok Airlines Public Company Limited (Nok Air) announced today from the Singapore Airshow a commitment to order eight Next-Generation 737-800s and seven 737 MAX 8s. The commitment, valued at $1.45 billion at list prices, will establish Nok Air as the first airline in Thailand to operate the 737 MAX. “This commitment is a…

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Boeing Forecasts $1.9 Trillion 20-Year Market for New Airplanes in Asia Pacific

Boeing says strong economic and passenger growth will be main drivers of new airplane demand in the Asia Pacific region. Boeing estimates the region’s airlines will need an additional 12,820 airplanes valued at $1.9 trillion, representing 36 percent of the world’s new airplane deliveries over the next 20 years. “Asia Pacific economies and passenger traffic…

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