Nigerian airlines suspend plans to ground local flights over cost of jet fuel
(Reuters) – Nigerian airlines have suspended plans to ground all local flights due to the soaring cost of jet fuel just hours before the move…
cost
DAS Window Production Continues to Decrease F-35 Cost
With the most advanced electronic sensor suite of any fighter jet in history, the F-35 provides 360-degree situational awareness for enhanced threat detection warning and…
Pentagon And Lockheed Martin Reach Agreement Reducing F-35A Cost By 12.8 Percent
The F-35 Joint Program Office and Lockheed Martin (NYSE: LMT) finalized a $34 billion agreement for the production and delivery of 478 F-35s at the…
Airbus seeks hefty cost cuts for Canadian A220 jet
(Reuters) – Europe’s Airbus is looking for a “significant double-digit” percentage reduction in costs for a recently acquired Canadian jet program, as it expands production…
Cost Lockheed F-35 could drop with 16 percent
The cost of Lockheed Martin Corp’s stealthy F-35 jet could fall 16 percent to around $80 million in future purchases, according to the Department of…
Trump claims $600 million saved of 90 Lockheed F-35 aircraft
President Donald Trump said on Monday his administration had been able to cut some $600 million from the latest U.S. deal to buy about 90…
Italian Aviation Tax to Cost 2,300 Jobs a Year
The International Air Transport Association (IATA) condemned a sudden increase in the Italian Council Tax levied on air passengers which will damage Italian economic competitiveness,…