cost

Civilian aviation news May 9, 2022

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…

Military Aviation News May 18, 2021

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…

Military Aviation News October 29, 2019

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…

Civilian aviation news, General Aviation News January 14, 2019

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…

Lockheed Martin F-35B Lightning II ZM137 RAF

Military Aviation News February 16, 2017

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…

Military Aviation News January 30, 2017

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…

Civilian aviation news January 25, 2016

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,…