February 3rd, 2012 12:13 PM

Hungarian Airlines Malev ceases operations

Hungary’s national carrier ceased operations, grounded all its flights and stranded more than 7,000 passengers. After its financial situation became unsustainable. Malev, the Hungarian flag carrier with a fleet of 22 aircraft, is in bankruptcy protection and desperately drawing up a restructuring plan in the hope of attracting an investor. International Lease Finance Corporation (ILFC) [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 3rd, 2012 11:50 AM

Heavy Ions Killed Russian Mars probe Phobos-Grunt

Russian Mars probe Phobos-Grunt was lost because space radiation disrupted its computer system, a commission investigating the incident said on Friday. The investigation found no faults with the spacecraft’s hardware, the commission said in a summary of its report, released on the website of the Federal Space Agency. Phobos-Grunt, Russia’s first interplanetary probe in years, [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 3rd, 2012 11:42 AM

Sukhoi Superjet 100 gets Type Certificate from EASA

February 3, 2012, Moscow – The European Aviation Safety Agency (EASA) issued today its Type Certificate A-176 for the Sukhoi Superjet 100 (model RRJ-95B). This certificate recognizes that the SSJ100 aircraft demonstrated compliance with the EASA airworthiness and environmental requirements. The recognition allows the European airlines, as well as those airlines operating in countries which [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 3rd, 2012 11:32 AM

Eleventh C-5B Inducted To Become Super Galaxy

  MARIETTA, Ga., February 3, 2012 – Lockheed Martin inducted the 11th aircraft to the C-5M Super Galaxy production line on Feb. 1, 2012. Based at Dover Air Force Base, Del., this aircraft has supported the warfighter’s operations across the globe. It has delivered cargo in locations such as Iraq, Italy, Germany, Kuwait, Kyrgyzstan, Qatar, [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 3rd, 2012 11:18 AM

EMBRAER BRAND AMBASSADOR JACKIE CHAN TAKES 1st LEGACY 650 IN CHINA

São José dos Campos, Brazil, February 3, 2012 – Embraer delivers a Legacy 650 to world-renowned celebrity Jackie Chan for the Chinese market today in São José dos Campos, Brazil. Liveried with his iconic dragon logo, the aircraft provided an auspicious beginning to the Year of the Dragon in his home country. Jackie Chan, Embraer’s [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 3rd, 2012 11:11 AM

Iran sends new satellite into orbit

TEHRAN – Iran on Friday successfully launched an observation satellite into orbit under a presidential decree, said the country’s Press TV. The spacecraft, named Navid (Herald), weighs 50 kilograms and can take pictures in low attitudes of about 250 to 375 km from the Earth, it said. The satellite was completely designed and built by [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 3rd, 2012 11:06 AM

Cessna Citation Latitude has New Longer Range

WICHITA, Kan., Feb. 3, 2012 — Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today that it has increased the range capability of its planned new midsize jet, the Citation Latitude. The Latitude is now expected to have a maximum range of 2,300 nautical miles (4,259.6 kilometers). “Our customers asked, we answered,” said [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 2nd, 2012 01:58 PM

SPACEX TEST FIRES ADVANCED NEW ENGINE

New Video Shows SuperDraco Engine in Action Hawthorne, CA – Space Exploration Technologies (SpaceX) has successfully test fired SuperDraco, a powerful new engine that will play a critical role in the company’s efforts to change the future of human spaceflight. “SuperDraco engines represent the best of cutting edge technology,� said Elon Musk, SpaceX CEO and [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 2nd, 2012 11:15 AM

American Airlines to cut 13,000 jobs to reduce costs

HOUSTON – US carrier American Airlines said Wednesday that it wants to eliminate 13,000 jobs as it seeks to cut labor costs by 20 percent. The announcement was made after the Texas-based company had a meeting with representatives of its three biggest unions, according to The New York Times. American Airlines said the move would [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]

February 1st, 2012 02:37 PM

1,200th ETHANOL-POWERED IPANEMA BOOSTS SUSTAINABILITY

Some 30% of the agricultural planes use fuel from renewable energy sources Today, the Ipanema agricultural aircraft reached the significant milestone of 1,200 units delivered. The success of this veteran airplane has been proven, year after year, by its great operating results and customer orders. In 2011, 58 of the aircraft were sold in Brazil [...] [ THIS IS A SUMMARY, READ MORE ON THE SITE ]