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Air Canada execs return controversial $10m bonuses following ‘public disappointment’
/Air Canada has broken its silence over bonuses amounting to $10 million it awarded to its executives, saying the money will be returned and donated. In a statement, Air Canada acknowledged the “public disappointment” caused by its decision to award the costly bonuses, after thousands of its lower-level staff faced more than a year
Read more‘Stop the plane’: Man attempts to hijack Delta flight, FBI investigating
/A man allegedly attempted to enter the cockpit of a Delta Airlines flight over the weekend, in an incident that ultimately saw the man wrestled and restrained by cabin crew and passengers. Delta Flight 386 from LAX, which was carrying 162 passengers and six crew members, was bound for Nashville, however was diverted to Albuquerque,
Read moreLockheed Martin eyes 30% F-35 production increase
Global defence contractor Lockheed Martin confirmed it will ramp up production and delivery of F-35 aircraft in 2022 following supply-chain disruptions induced by the COVID-19 pandemic. The company is expected to deliver between 133 and 139 jets this year, increasing to 169 in 2022 and plateauing at 175 thereafter. Lockheed Martin increased its outlook for
Read moreBusiness travel will bounce back, predicts Airbus CEO
Airbus CEO Guillaume Faury said if executives no longer met customers in person, but their competitors did, they would be at a huge disadvantage.
Read moreRyanair hints it may decline 737 MAX deliveries
| 4 Comments on Ryanair hints it may decline 737 MAX deliveriesDespite months of endorsing Boeing and its embattled 737 MAX, Ryanair has signalled it may decline to accept the delivery of its first MAX jets, following lengthy delays in the process. The European budget carrier has been waiting nearly two years for its 737 MAX 8200s, a variant of the MAX 8 with extra seating
Read moreBoeing flags intention to produce 777X freighter variant
/Boeing has reportedly offered a freighter version of its 777X wide-body passenger jetliner to Qatar Airways, after the airline stated it would purchase over 30 of the variant. After years of lobbying for a freighter version of the much-anticipated 777X, Qatar chief executive Akbar Al Baker told Reuters that Boeing had confirmed plans to produce
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