Some 100 Teams Selected For Second Round In Global Fly Your Ideas Contest
Airbus has selected 100 student teams from across five continents to go to the next round of the 2013 Fly Your Ideas challenge. Of these, 49 per cent are from the Asia Pacific region, 37 per cent from Europe, 8 per cent from the the Americas, 3 per cent from Africa and 3 per cent from Middle East.
Several Insiders Reportedly Warned About The Lithium Ion Batteries Overheating
Securaplane was rushed into providing non-conforming battery chargers to Boeing for the Dreamliner, according to a whistleblower who was fired six years ago from the company for alleged misconduct. But Michael Leon said he was let go because he raised safety concerns about the battery systems now at the heart of the NTSB's investigation of Boeing's new airplane.
Regional Carrier Will Acquire 53 Embraer E175 Jets
Republic Airways Holdings said Wednesday it has reached an agreement with American Airlines to operate 53 Embraer E175 aircraft under the American Eagle brand. The Capacity Purchase Agreement (CPA) will be operated by the Company’s Republic Airlines subsidiary, with service expected to start in June of 2013. The CPA is subject to approval by the Bankruptcy Court in the American Airlines bankruptcy proceedings.
Southwest Airlines fourth quarter and full year 2012 results showed a 40th consecutive year of profitability for the airline. Fourth quarter 2012 net income was $78 million, or $.11 per diluted share, which included $13 million (net) of favorable special items.
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