Ethiopian Airlines reports record profits, stands behind Dreamliner despite fire

Image Credit: Konstantin von Wedelstaedt by Vinay Bhaskara African carrier Ethiopian Airlines has announced a record net profit of 2.03 billion birr (US $107.6 million) for the period from July 2012 – June 2013, up 178% from 734 million birr (US $39.2 million)year-over-year (YOY). Operating profitability also rose a healthy 170% YOY to 2.7 billion birr…

Boeing to begin modifying 787s for return to service

Boeing image Today’s approval of battery system improvements for the 787 Dreamliner by the U.S. Federal Aviation Administration (FAA) clears the way for Boeing and its customers to install the approved modifications and will lead to a return to service and resumption of new production deliveries. The FAA’s action will permit the return to service…

FAA Approves Boeing 787 Battery System Design Changes

The long grounded Boeing 787 fleet across the world are expected to soon return to the skies, as the US Federal Aviation Administration (FAA) today took the next step in returning the Boeing 787 to flight by approving Boeing’s design for modifications to the 787 battery system. The changes are designed to address risks at…