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Squawks & Headlines ✈ General ✈ Popular (Recent)

FedEx Orders 24 Additional Boeing 767 and Boeing 777 Freighters in $6.6 Billion Deal

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FedEx Corp. has ordered 24 more Boeing freighters, comprising 12 767Fs and 12 777Fs. The Memphis-based cargo carrier said the 767Fs will be delivered between June 2019 and May 2022, while the 777Fs will be delivered between June 2020 and May 2025. The total order is valued at $6.6 billion at list prices. (www.atwonline.com) More...

Wells Fargo Sues American Airlines for Not Returning Leased Planes On Time

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Wells Fargo filed a lawsuit Monday against American Airlines alleging the airline violated leasing contracts by not returning three planes on time. The bank leased American three Boeing aircraft during the fall of 2017 which were returned 49, 45 and two days late, according to the lawsuit. (www.dallasnews.com) More...

Nippon Cargo Airlines Suspends Flights Due to Maintenance Discrepancies

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Nippon Cargo Airlines, also known as NCA, has announced that it will be suspending all departures from Tokyo as of June 16 and will be suspending all operations from June 17. The decision comes after inconsistencies were found regarding the application of lubricating oil to one of their Boeing 747-8Fs in early April. (airlinegeeks.com) More...

American Airlines Suffers the Latest Airline IT Meltdown

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Within the span of a month during the summer of 2016, two of the top four U.S. airlines suffered crippling IT failures. Delta Air Lines (NYSE:DAL) and Southwest Airlines (NYSE:LUV) were each forced to cancel thousands of flights during the peak season, leading to lost revenue and reputational damage. (www.fool.com) More...

The first Boeing 777 goes to museum

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Hong Kong - The first Boeing "Triple Seven" WA001 goes to the museum after 24 years of service. The aircraft built in 1994 belonged to the passenger fleet of Cathay Pacific since 2000. (airlinerwatch.com) More...

Pilot and passenger survive Cessna 150 crash in Indiana

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“This is like a miracle plane crash to not hit anything on the property except an embankment,” said law enforcement official regarding the crash of a 1966 Cessna 150 that missed tall power lines, a cabinetry plant and a parking lot full of semi trailers. (duboiscountyherald.com) More...

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