Aviation Sector

Yedyurappa Not Keen On BIS Airport

The chief minister of Karnataka, B S Yeddyurappa does not like the Bengaluru International Yedyurappa Not Keen On BIS AirportAirport (BIA). The CM commented on the BIA on his return from US, after attending the world Kannada conference. The CM termed Bengaluru airport as low quality as compared to airports in the US.

He said that the state has received the airport after a wait of about 12 years but the authorities have failed to fulfill the aspirations of the people of the state. He confessed it after the celebrations of his 100 days in office on Tuesday.

EADS accelerates cost-saving programme

EADS GroupParis - European aerospace giant EADS has expanded its Power 8 cost-saving programme to counteract the weakness of the dollar against the euro, the French daily Le Monde reported Tuesday.

Unlike the original plan, which was created in response to losses suffered by the EADS subsidiary Airbus because of problems with its A 380 superjumbo, the new "Power
8 plus" programme involves the entire company and is to save it 1 billion euros (1.41 billion dollars) beginning in 2010.

Cathay Pacific boss warns of turbulence as global recession looms

Hong Kong - The head of Hong Kong's flagship airline Cathay Pacific Tuesday warned of the need for cost-cutting as the effects of high fuel prices and global recession take their toll on profits.

Tony Tyler, the airline's chief executive, indicated in a letter to staff that further cost-cutting measures may be necessary as the US and Britain may be "heading towards recession."

"These are extremely difficult times for the aviation industry and I'm sorry to say there doesn't appear to be any light at the end of the tunnel just yet.

Boeing machinists start strike as talks fail

Washington - Boeing machinists start strike as talks failMachinists at airplane giant Boeing went on strike Saturday after rejecting the company's proposed wage increases amid fears that their jobs could be shipped overseas.

The machinists, members of the International Machinists and Aerospace Workers, approved the strike action in a vote taken last Wednesday. But they delayed implementing the strike after the company reopened negotiations with union leaders, who gave Boeing until Friday evening to provide an "exceptional contract offer" under the guidance of a federal mediator.

Boeing, machinist talks fail; union to strike

Boeing, machinist talks fail; union to strikeSeattle - Some 27,000 machinists at airplane giant Boeing are to go on strike at 12:01 am Pacific time Saturday (0700 GMT) after extended talks failed and its largest union again rejected the company's proposed wage increases amid fears that their jobs could be shipped overseas.

"Despite meeting late into the night and throughout the day, continued contract talks with the Boeing company did not address our issues,'' the International Association of Machinists and Aerospace Workers said in an online statement.

Australia's Qantas defends bragging rights

Sydney - Australia's Qantas defends bragging rightsAustralia's Qantas Airways Ltd is standing by a claim that it's the "world's most experienced airline."

"Not only has Qantas been in full operation longer than any other airline in the world but the depth and breadth of our experience as a long-haul carrier backs this up," Qantas general manager John Borghetti said Friday. "We're defending our assertion that Qantas is the world's most experienced airline."

Borghetti said Qantas had been flying for 87 years.

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