The troubled F-35 JSF program has received another scathing report, this time from the Pentagon’s Director, Operational Test & Evaluation (DOT&E). The report comes hot on the heels of an independent JET report from 2009 which identified several cost and schedule threats to the program, and a late 2009 US Navy report which questioned many
Cessna has told customers holding delivery positions for its Model 162 Skycatcher that they face delays of six to 10 months for delivery, although local dealer Aeromil Pacific has announced that the first Australian Skycatcher will be delivered during the second half of this year. According to Avweb.com, the company is slowing delivery due to
Despite receiving a cool reception from industry analysts, Tiger Airways’s initial public offering has closed fully subscribed, raising S$248m (A$193m) for the low cost airline group. The issue closed with shares priced at S$1.50 (A$1.17), which was towards the higher end of its guidance indicative price of S$1.35-$1.65 (A$1.05-$1.28). The airline is now expected to
Up to 15,000 employees of Japan Air Lines face an uncertain future after the ailing carrier was placed into bankruptcy protection on January 19 as part of ongoing efforts to restructure the loss-making carrier. The Japanese carrier entered bankruptcy with listed debts of JPY2.3 trillion (A$27.4bn), but will keep operating with the support of a
Airbus delivered its 6000th aircraft on January 19, an A380 to Emirates which is that carrier’s eighth of the type. To commemorate the milestone, more than 200 guests attended a special delivery ceremony at Airbus’s Hamburg delivery centre. The aircraft also features a special inscription alongside the Emirates livery noting that it is the 6000th
ATR has announced that despite the economic downturn during 2009, the manufacturer was able to increase its turnover by eight per cent to a new record of US$1.4bn (A$1.5bn). “Reaching a new annual turnover record in 2009 is the result of the commitment and the strong efforts done in order to cope with the current
