News

Delayed MAX Prompts Ryanair to Cut Jobs, Close Bases

LONDON— Ryanair Holdings RYAAY -0.37% PLC said it would cut jobs and close two bases as it warned traffic growth would slow next year because of new delays in deliveries of its first Boeing Co. BA -0.97% 737 MAX aircraft.

The European budget carrier is one of Boeing’s biggest customers for the embattled jet and had expected to receive its first MAX planes this spring. However, the plane has been grounded since March after two fatal crashes and it still isn’t clear when it will resume flying.

Citing that uncertainty, Ryanair said Wednesday it had again revised its summer schedule for next year based on receiving just 10 MAX aircraft in time for the busy travel season, rather than the 20 it previously planned.

As a result, the company now expects to carry 156 million passengers in the year ending March 31, 2021, compared with the latest revised guidance for 157 million.

Excerpt from WSJ
Read the full article

FAA Proposes $3.9 Million Penalty Against Boeing for Using Defective Plane Parts

Agency contends plane maker knowingly certified some 130 Boeing 737 jets despite installing suspect parts.  

The proposed penalty doesn’t apply to any 737 MAX models, the latest version of Boeing’s best-selling workhorse jets that has been grounded for months. PHOTO: GARY HE/REUTERS

Boeing Co. was hit with a proposed $3.9 million penalty by U.S. air-safety officials who said the company installed defective parts inside the wings of around 130 737 NG aircraft and then knowingly vouched they met all federal safety requirements.

As part of Friday’s action by the Federal Aviation Administration, the agency indicated that the parts—designed to guide movable panels called slats on the front of wings—were used despite being identified as potentially substandard by a Boeing subcontractor in the fall of 2018. Over the next eight months, according to the FAA, the Chicago plane maker certified the affected jets as meeting all airworthiness requirements.

Excerpt from WSJ
Read the full article

 

Controlling the Comfort of Your Airplane Seat—From Your Phone


Partnered up with Airbus, an innovative London design firm is fine-tuning app-controlled seats you can adjust on your smartphone

Four years ago, the London-based industrial designer Benjamin Hubert quietly closed down his namesake practice. “I kept getting approached to come up with yet another chair,” says Hubert, 35. “And I very much wanted to move beyond that.” He soon re-emerged as the founder and creative director of the strategic agency Layer Design.

The pivot paid off. Today, Layer is a firm of around 30 international creatives with expertise across industrial, experiential and digital design. The studio’s clients range from Vitra and Braun to Nike and Google.

Hubert explains that Layer’s work, which is both material focused and tech confident, sits at the intersection of two ends of the design spectrum: “On one end you have highly crafted, lifestyle-driven product and accessories, while on the other you have super-strategic industrial design or branding work. We bring together the softness of the former and the rigor of the latter.”

Excerpt from WSJ

Read the full article

Boeing Chairman Backs Embattled CEO Dennis Muilenburg

Muilenburg won’t receive bonus compensation this year or stock grants until 737 MAX is flying again

Boeing Co. ’s newly installed chairman backed embattled Chief Executive Officer Dennis Muilenburg on Tuesday, while acknowledging a series of engineering missteps that led to two deadly crashes of the 737 MAX.

Boeing Chairman Dave Calhoun said Mr. Muilenburg wouldn’t receive bonus pay this year and wouldn’t receive stock grants until the grounded jet fully returns to service, a process that may unfold globally through all of next year. Mr. Calhoun said it was the CEO’s idea to reduce his compensation.

Excerpt from WSJ

Read the full article

Client Log In

Past Issues

Breaking News - From Avmark Newsletter

  • The Jumbo Jet Was the Pinnacle of Air Luxury—Now Its Days Are Numbered

    Read More ...

  • Former Top Boeing 737 MAX Officials Defend Design Process

    Read More ...

  • FAA, Boeing Blasted Over 737 MAX Failures in Democratic Report

    Read More ...

Cron Job Starts