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
Brazilian carrier Azul believes it has secured enough additional aircraft to support its target of increasing capacity by 10% next year.believes it has secured enough additional aircraft as it targets a 10% increase in capacity next year.
MHI RJ Aviation Group is to collaborate on the development of Maeve Aerospace’s M80 – a hybrid-electric 80-seater that could enter service by 2032.
Hainan Airlines group has adjusted its Comac aircraft order, with unit Urumqi Air to no longer take delivery of 30 C919s.
