Major airlines said Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, saying the bill could force them to stop offering rewards credit cards that give consumers frequent flyer miles for making transactions.
The head of Saudi budget carrier flyadeal criticised Airbus' handling of delays of narrow-body jets and voiced concerns that disruption could spread to freshly ordered wide-body A330neos.
"The ULA Vulcan program has performed unsatisfactorily this past year." That was the headline from a House Armed Services Committee Subcommittee on Strategic Forces hearing on United Launch Alliance's (ULA) performance in space launch last week.
Saudi Arabia is set to place orders for billions of dollars of Airbus jets as the kingdom balances suppliers in its quest to match the aviation growth of Gulf neighbours, industry sources said.
A family of raccoons recently broke into an Airbus factory in Canada, adding an unusual headache to the planemaker's more familiar troubles with parts shortages and supply chain snags.
Boeing is gaining momentum with higher production rates and strong net order value, outpacing Airbus in widebody orders and overall order value. Airbus leads in single-aisle deliveries but faces significant supply chain constraints, limiting its ability to ramp up production further. Both manufacturers are benefiting from robust demand, reflected in large backlogs, but Boeing's recovery and inv...
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