Analysts in Dublin say that the planned Aer Lingus initial public offering (IPO) may slip into 2002 and will not happen before September this year at the earliest. Aer Lingus needs to resolve its dispute with cabin crew labour unions over pay before a bill can be put through the Irish Parliament. The issue of employee share options has yet to be finalised, and analysts say a severe downturn in the US economy could hit Aer Lingus - and the IPO - badly.
Source: Airline Business
Aerospace giant RTX has named company veteran Troy Brunk as the new president of its Collins Aerospace business, effective immediately.
Middle Eastern carrier Emirates has unveiled initial destinations to which it will deploy Boeing 777-300ERs with refurbished interior. The first aircraft – out of 81 of the type to be refreshed – is undergoing the modification from 1 July. Emirates says it will offer the upgraded cabin initially on services ...
Former Piaggio Aerospace chief executive Carlo Logli has been appointed president of Italian seat manufacturer Aviointeriors.
