ATM ModernizationPlay the Avionics News Quiz of January 22! The 2015 yearly earnings reports are rolling in and it looks like U.S. Airlines (and airlines everywhere) are raking in the big bucks. Do you know why? Tell us in this weeks…
Business & GABoeing Lowers 747-8 Production Rate as Air Freight Industry Stalls Boeing 747-8. Photo: Boeing [Avionics Today 01-22-2016] Boeing has announced the company will lower the production rate on the 747-8 program to match supply with near-term demand in the cargo market. In September…
Business & GASEC Qualifies XTI’s Aircraft Program Crowdfunding Investments Rendering of XTI’s TriFan 600 aircraft. Photo: XTI Aircraft Company [Avionics Today 01-22-2016] The U.S. Securities and Exchange Commission has qualified the XTI Aircraft Company’s (XTI) crowdfunding campaign under Regulation A+, which…
CommercialPanasonic Teams with iPass to Offer IFC on 23 International Airlines iPass aims to add in-flight wi-fi to 23 additional airlines. Photo: United [Avionics Today 01-22-2016] Mobile connectivity provider iPass has struck an agreement with Panasonic Avionics to bring in-flight Internet access to…
Business & GAPraxair, GE form Joint Venture for GE9X and LEAP Engines [Avionics Today 01-22-2016] GE Aviation and Praxair Surface Technologies have entered into a definitive agreement to form a joint venture for the development, support and application of specialized coatings tailored for GE…
CommercialSouthwest Airlines Lays Out Plans for Accelerated Fleet Renewal [Avionics Today 01-22-2016] Southwest Airlines is planning to use the extra revenue generated in 2015, buoyed by previous fleet modernization initiatives and lower fuel prices, to accelerate its plans for fleet renewal.…
CommercialSouthwest Sees Big 2015 Profits from Fleet Modernization, Lower Fuel Prices Southwest Airlines has seen record profits as a result of lower fuel prices and fleet modernization efforts. Photo: Southwest [Avionics Today 01-21-2016] Southwest Airlines has reported a yearly annual net income of…
CommercialUnited to Invest $1.7 Billion in Fleet in 2016 [Avionics Today 01-21-2016] United Airlines expects to invest $1.7 billion into its commercial aircraft fleet in 2016, the airlines' executives told analysts and journalists during its 2015 fourth quarter earnings call on…