Lockheed Martin delivers first F-16 from Sustainment Depot program to the USAF
In 2020, Lockheed Martin was selected by the US Air Force to oversee the US$900 million indefinite delivery/indefinite quantity (IDIQ) contract for the F-16 Sustainment Depot program, receiving the first aircraft received for maintenance at the company's South Carolina facility early 2021.
Eastern snowstorm causes mass US flight cancellations
Parts of the East Coast were hit by a blizzard like storm called a Nor’easter, which plunged several states such as New York, New Jersey, Maryland, Rhode Island and Virginia into an emergency.
Southwest Airlines reports first profitable quarter since 2019
In a press release on Thursday, the low-cost carrier reported a fourth quarter net income of US$68 million including special items, with a full year net income of US$977 million.
Lufthansa may buy 40% stake in ITA Airways
One source said the talks are still ongoing with numerous possible outcomes, and the stake price is still under negotiation.
Airbus cancels Qatar A321 order over ongoing dispute
Airbus has cancelled Qatar Airways’ order of 50 small A321 jets as the dispute over the planemaker’s widebody aircraft continues. Airbus made the decision during a scheduling session over the ongoing A350 dispute on Thursday at a British High court, according to Reuters, which was for a procedural hearing over Qatar’s bid for over $600
Airbus to hire 6k new employees
It comes as a positive sign of progress for the aviation industry, following from the thousands of terminations which occurred during 2020 when the pandemic first emerged.
