Archive | June, 2012

Jim Albaugh’s post-Boeing wealth valued at $57.4M

Jim Albaugh, 62, will retire from Boeing on 1 October with a package of compensation, stock and benefits valued at $57.4 million in Boeing’s 2011 proxy statement to shareholders. The majority of Albaugh’s retirement wealth comes from a $25.4 million account with voluntarily deferred compensation. Boeing’s senior executive retirement plan also will pay Albaugh a […]

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Boeing confirms 787 flying display at Farnborough

It was the worst-kept secret in aerospace. Qatar Airways chief executive Akbar Al Baker told reporters about it at EBACE six weeks ago, and someone we know (wink-wink) at the Wall Street Journal made a big splash with it earlier this week. Finally, Boeing has confirmed what everybody now already knows (and, yet, we are […]

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Airbus’ next move: Made in the USA?

The reports that Airbus on Monday will open an A320 factory in Mobile, Alabama remain unconfirmed, but they are getting pretty close to official. It’s not just anonymous sources talking to the New York Times in Paris. The Mobile Register has talked to employees at the Airbus engineering center, and they have been told rather […]

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A Boeing CEO curse on BCA presidents?

President Obama congratulates Ray Conner in February after witnessing the contract signing for Lion Air’s massive order for 201 737s.  In an unexpected development, Ray Conner has become the new president and chief executive of Boeing Commercial Airplanes. Jim Albaugh has already stepped down and will serve as executive vice president of BCA until he […]

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Superjet crash probe focuses on crew

Indonesia’s safety authorities have published initial safety recommendations (see embedded document below) for what would seem like an extraordinarily unlikely event — at least for the foreseeable future: another demonstration flight by a Superjet SSJ100 within the mountainous country’s airspace. After all, it’s been less than two months since a Superjet carrying 45 passengers, including […]

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VIDEO: Meet Bombardier’s new commercial chief — and the “Pine Mime”

MONTREAL — We sat down yesterday at Bombardier Aerospace headquarters with Mike Arcamone, who succeeded Gary Scott as president of the commercial aircraft division earlier this year. It’s Arcamone’s first job in the aerospace business after spending a career in the automotive manufacturing industry. In the preparations for CSeries final assembly, Arcamone has implemented what […]

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Pratt & Whitney slips news of MS-21 delay into press release

Pratt & Whitney today announced — sort of — a new delay for the Irkut MS-21 narrowbody programme. Irkut has always said first flight of the 150-210-seat MS-21 would occur sometime in 2014. The timeframe was updated four months ago to “late-2014″, as my colleague Ghim-Lay Yeo quoted Irkut president Alexey Federov at the Singapore […]

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A look inside JAL JA825J

Japan Airlines has developed a virtual tour of its JA825J Boeing 787, offering 360-degree views of the widebody from several different vantage points around and in the aircraft – including the forward lav. Enjoy.  

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Boeing’s hint on new 747 stretch revives memories of -600X

Photo courtesy David Parker Brown/AirlinerReporter.com Our colleague Max Kingsley-Jones on Friday interviewed Elizabeth Lund, Boeing’s 747-8 programme manager, on Lufthansa’s inaugural 747-8 flight to Washington-Dulles. Somewhere over the Atlantic, Lund was asked by journalists about the possibility of a “747-9″ — ergo, a new stretch of the 747-8, which itself is a 5.6m (18.4ft) stretch […]

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