Boeing to axe more commercial jobs in 2017 following 8% 2016 cut

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Business news and events affecting the global airline industry

December 19, 2016

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Boeing to cut more commercial jobs in 2017 following 8% 2016 reduction

Boeing anticipates its Commercial Airplanes unit’s workforce will be reduced by 8% by the end of 2016 compared to January, and it is planning additional employee reductions in the unit in 2017, which could include involuntary layoffs.

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Brazil to initiate WTO challenge against Canada over CSeries

Brazil will formally initiate settlement dispute proceedings against Canada at the World Trade Organization (WTO) over alleged subsidies provided to Bombardier, particularly government investment in the CSeries program.

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Iran Air: Airbus contract finalized; A380s dropped

Iran Air has finalized its aircraft order agreement with Airbus, but has cut 12 A380s from the order for more than 100 aircraft, the airline’s CEO told Iran’s Mehr News Agency.

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Airberlin names Thomas Winkelmann CEO

Airberlin has named Thomas Winkelmann as its new CEO, effective Feb. 1, 2017. He will replace Stefan Pichler.

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Etihad cuts staff numbers as conditions deteriorate

In an indication that steadily tightening global economic conditions are hitting even the most prominent airlines, Etihad Airways has announced it intends to reduce staff numbers.

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Geneva Airport - Your high yield market
Gateway to the world's most "international" city, with many international organizations, multinationals, luxury goods manufacturers and private banks. A high proportion of premium traffic makes it an extremely profitable destination for airlines.
In addition to a marketing package and a rebate for new routes, Geneva Airport offers also an incentive scheme for traffic growth.

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SAS defers delivery of its first A350

Scandinavian Airlines (SAS) has deferred delivery of its first Airbus A350 from 2018 to 2019, pushing back some of its prepayment commitments.

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