Qantas Airways will receive A$104 million ($79 million) in damages from Airbus for delays in deliveries to its 12 firm-ordered A380s. The disclosure of the penalty, "which will be paid over time until the final delivery of the aircraft" was made in the carrier's fiscal 2005/06 results announcement. Its net profit fell 30% compared with 2004/05 to A$480 million.
Source: Airline Business
Croatia Airlines has taken delivery of its first Airbus A220-300, one of six being acquired from US lessor Air Lease. The twinjet, powered by Pratt & Whitney PW1500G engines, is part of a fleet modernisation which will involved the carrier’s taking up to 15 A220s. Croatia Airlines chief executive Jasmin ...
Israel Aerospace Industries (IAI) is considering launching a conversion programme for the Boeing 787 as it weighs up future projects. Speaking to FlightGlobal sister publication Air Cargo News at the Farnborough International Airshow, IAI executive vice president and general manager, aviation group, Shmuel Kuzi explained that the business is always ...
Germany’s Deutsche Aircraft has started construction of its first D328eco test aircraft, with cutting work to extend a D328 fuselage. The D328eco is an upgraded version of the turboprop, intended to accommodate 40 passengers. It will feature more efficient engines – the Pratt & Whitney PW127XT-S – and modernised avionics, ...
