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February 02, 2016

Southwest Airlines And Flight Instructors Reach Tentative Agreement

Comes Just Four Weeks After Contract Became Amendable

Southwest Airlines has announced a tentative agreement (TA) with Transport Workers Union Local 557, the union representing the Company's Flight Instructors. The agreement comes just four weeks after the group's current contract became amendable.

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ATR Signs Major Agreement With Iran Air For 40 ATR 72-600s

The One Billion Euro Deal Marks The Arrival Of The Newest Generation ATR Aircraft In Iran

Turboprop manufacturer ATR and Iran’s national flag carrier Iran Air have signed a deal in Tehran for the introduction of 40 newest generation ATR 72-600s. The agreement includes firm orders for 20 aircraft plus 20 options, and is valued at one billion euro (approx $1.09 billion).

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GE Cutting 307 Engineering Jobs Nationwide

Most Of Those Will Be Let Go From Southwestern Ohio Plant

GE Aviation is cutting 307 engineering jobs as the company moves from development to production of new engines, the company said last week.

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