Grounded airliners insured for more than $160 billion
Airliners with a total insured value of more than $160 billion are grounded around the world, presenting risks for insurers,… Read More »
Boeing is suspending work at its 787 Dreamliner plant in South Carolina
Boeing is suspending work at its 787 Dreamliner plant in South Carolina, temporarily shutting down its last commercial-jet factory still… Read More »
Rolls-Royce scraps targets and dividend
Rolls-Royce is scrapping its targets and final dividend to shore up its finances as the British aero-engine maker’s customers around… Read More »
Aircraft lessor Avolon cancel order for 75 Boeing 737 MAXs
Avolon, the Dublin-based lessor has announced that it is revising its orders to reflect current market trends. It has decided… Read More »
Grounded airliners insured for more than $160 billion
Airplanes with a total insured value of more than $160 billion are grounded around the world by the airlines, presenting… Read More »
Russia to halt all flights
Russia said it was temporarily suspending all flights in and out of the country from midnight, including those for repatriating… Read More »
Avolon cancels order for 75 Boeing MAX and 4 Airbus A330neo jets
Aircraft lessor Avolon announced the cancellation of an order for 75 Boeing 737 MAX planes that were due to be… Read More »
General Electric plans to furlough about half their workforce
General Electric reportedly plans to furlough about half of the workers in its massive aircraft-engine manufacturing unit for up to… Read More »