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 »
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 »
Boeing prepares to resume 737 MAX production?
Boeing has asked its largest supplier of 737 MAX parts, Spirit AeroSystems to restart manufacturing in anticipation of the aircraft… Read More »
American Airlines Pulls More Airbus Jets from its Fleet
The airline is trying to simplify its fleet in response to plunging demand. American Airlines Group is parking its fleet… Read More »
Ethiopian remodels 9 passenger aircraft for cargo
Ethiopian Airlines announced that it has reconfigured passenger cabins of four B777-300ER, three B737-800 and two B767-300 aircraft to boost… Read More »
GE is cutting up to 13,000 jobs at its jet engine division because of the pandemic
New York (CNN Business)General Electric is cutting as many as 13,000 jobs in its jet engine business after the coronavirus… Read More »
Air France Sells 16 Airbus A320 Family Aircraft In Order To Lease Back
Looking to strengthen its financial position and secure more funds, Air France will enter into a sale and leaseback agreement… Read More »
Alaska’s RavnAir Group throws in the towel
RavnAir Group, the owner of PenAir (KS, Anchorage Ted Stevens), Corvus Airlines (7H, Anchorage Ted Stevens), Hageland Aviation Services (H6,… Read More »
Big changes and cuts ahead for Boeing
The US aircraft manufacturer Boeing is to shed 10% of its 160,000 workforce by the end of this year and… Read More »
$1 billion rescue deal for Norwegian Air approved
A $1 billion rescue plan has been approved by Norwegian Air Shuttle lessors in an effort to save the Scandinavian… Read More »
The Aviation Industry Can’t Give In to the Temptation to Compete on Safety
A jet flying under dark skies and over a storm-tossed ocean was not the best idea for an aircraft advertisement,… Read More »
American Airlines sticking with new jet deliveries
Airlines including American are taking steps to reduce costs and downsize their fleets to more closely match a drastic drop… Read More »
Airbus scraps E-Fan X electric hybrid Jet
Airbus has today announced that it is scrapping its plans to launch a hybrid-electric aircraft called the E-Fan X. The… Read More »
Lufthansa pilots offer to sacrifice up to 45% of salary
Pilots at Lufthansa are ready to sacrifice up to 45% of their salaries for more than two years to help… Read More »
Delta will retire all its MD-88 and MD-90 jets
Delta’s plan for the early retirement of its McDonnell Douglas jets continues a trend that we are seeing across the… Read More »
American Airlines defers pension contributions under CARES Act
With air travel praticially halted across the world as a result of the coronavirus pandemic, American Airlines said it plans… Read More »
A350s become freighters through Airbus pallet-for-seat swap
Airbus is offering carriers a modification and regulatory support scheme to convert passenger A350s, A330s and A340s temporarily into main-deck… Read More »
Boeing must face Pilot Union’s 737 MAX suit in Texas court
The decision comes as the Covid-19 epidemic is grounding an increasing number of U.S. pilots and other airline employees. Boeing… Read More »
Private aviation service JetSuite files for bankruptcy
Dallas-based private aviation service JetSuite filed for bankruptcy Tuesday in Delaware. Superior Air Charter LLC, the operating company for the… Read More »
SpiceJet said it will not pay its pilots for April and May
SpiceJet has announced that it will not pay its pilots for April and May due to the current circumstances. Pilots… Read More »
Virgin Australia launches US legal action to protect aircraft from being seized
Collapsed airline Virgin Australia has launched legal action in the United States to protect itself from creditors there who are… Read More »
Southwest does not see a return to normalcy for the foreseeable future
Southwest Airlines does not see a return to normalcy for air traffic demand in the foreseeable future. It is maintaining… Read More »
Boeing deliveries down by 66% this year
Boeing has announced that its orders have fallen by nearly two thirds as the US aircraft manufacturer revealed a US$641… Read More »
China’s Comac makes first jet delivery after resuming production
Comac has delivered its 24th ARJ21 regional aircraft, the first aircraft to be delivered since the Chinese airframer resumed work… Read More »
Singapore Airlines sets aside $2.3 Billion for new aircraft payments
Singapore Airlines made a big splash raising nearly $13 billion over the last few months to shore itself against the… Read More »
Airline industry may be gutted for years without a COVID 19 vaccine
If the public’s confidence in the ability to fly safely doesn’t rise in the coming months, “you’ll be looking for… Read More »