Mitsubishi Heavy sees up to ¥70 billion impairment loss on jet business
The expected loss stemming from the write-down of the goodwill and other assets of Mitsubishi Heavy Industries’ jet business reflects… Read More »
Atlas Air gives pilots pay increase on heels of Q1 growth
Contract cargo airline and aircraft lessor Atlas Air Worldwide Holdings beat analyst expectations with adjusted net income of $29.9 million,… Read More »
Private jets industry wrecked; only 5% fleet flying, 40% aircraft to remain grounded after lockdown
The nationwide lockdown has crippled the business aviation sector over the past two months. With the government restrictions on flying… Read More »
Grand Rapids woman pleads guilty to interfering with flight crew on airplane
U.S. Attorney Andrew Birge announced this week that Amy Jo-Manshum John, 25, of Grand Rapids, Michigan pleaded guilty before a… Read More »
Qatar Airways in talks with banks for billions of dollars in loans: sources
Qatar Airways is in talks with banks for loans worth billions of dollars, three sources familiar with the matter said,… Read More »
Wizz Air makes a move on Gatwick
While some airlines like Virgin Atlantic and British Airways have revealed that they are pulling out of Gatwick, Wizz Air… Read More »
Boeing Supplier Restarts Work on 737 Max in Step to Jet’s Comeback
Boeing has asked its largest 737 Max supplier, Spirit AeroSystems Holdings Inc., to resume work, a critical step toward restarting… Read More »
Frontier Airlines ‘more room’ policy causes mayhem
Frontier Airlines, the US LCC has faced a huge backlash over its decision to make passengers pay more for a… Read More »