Boeing in scramble to shore up 737 MAX financing
Boeing is scrambling to shore up financing for the 737 MAX as it awaits regulatory approval for design changes after… Read More »
U.S. bans Pakistan International Airlines flights over pilot concerns
The U.S. Department of Transportation said it has revoked permission for Pakistan International Airlines (PIA) to conduct charter flights to… Read More »
Airbus fails to net an aircraft order for third straight month
Clients are pushing back even on agreed orders, and inventory is piling up for Airbus Airbus is getting hit with… Read More »
AirBaltic to expand Riga network in summer 2021
Latvia’s airBaltic expects to increase its route network next summer by one fifth. Riga-based airBaltic has unveiled plans to operate… Read More »
United Airlines signals downsizing coming later this year
Once CARES Act restrictions expire, United could cut nearly half of its workforce. United Airlines will notify 36,000 frontline employees… Read More »
LATAM’s Brazilian unit files for Chapter 11 protection
LATAM Airlines Brasil has filed for Chapter 11 bankruptcy protection in the US but will continue to operate passenger and… Read More »
Recovery Tracker: global capacity to break 50 million
Global capacity is set to top 50 million seats next week for the first time since late March when strict… Read More »
Rolls-Royce burns through 3 billion pounds, expects more cash outflows
Aerospace engineer Rolls-Royce (RR.L) burned through 3 billion pounds ($3.8 billion) in the first half as the hours flown by… Read More »
Airbus first-half deliveries hit 16-year low despite June bounce
Airbus (AIR.PA) deliveries rose 50% in June compared with May and reached their highest level since the coronavirus crisis spread… Read More »
United Airlines could lay off as many as 36,000 employees
Job cuts would account for close to 38% of United’s total headcount File: A United Airlines Boeing 787 taxis as… Read More »
Boeing settles nearly all Lion Air 737 MAX crash claims
Boeing Co has reached settlement agreements in more than 90% of the wrongful death claims filed in federal court after… Read More »
AirAsia shares in biggest daily fall as auditor flags ‘going concern’ doubts
Shares in Malaysia’s AirAsia Group Bhd (AIRA.KL) tumbled more than 17% on Wednesday in their biggest daily fall after the… Read More »
Boeing’s reputation continues to take a hammering
Following its successful flight tests fo its Boeing’s 737 MAX, the jet maker was hoping to announce that the aircraft… Read More »
US airline capacity additions may be too optimistic, analysts warn
Even With COVID-19 still a serious health issue in the US, airlines are ramping up flying. US airlines are pushing… Read More »
Etihad re-opens global network
Gulf carrier aims to “gradually” resume services with the goal of operating 45% of its pre-COVID capacity by August. Etihad… Read More »
LOT opens two routes from Budapest
LOT Polish Airlines has launched its 12th and 13th routes from Hungary’s capital city. Poland’s flag carrier LOT Polish Airlines… Read More »
UAE’s newest airline to begin service on July 14
The new Abu Dhabi-based LCC being launched by Etihad Airways and Air Arabia will begin service next week with two… Read More »
Aircraft lessor Avolon cancels 27 Boeing 737 MAX jets
Aircraft lessor Avolon on Tuesday announced the cancellation of an additional 27 Boeing (BA.N) 737 MAX planes after canceling 75… Read More »
Air Arabia Abu Dhabi: UAE’s newest airline to start flights on July 14
Budget airline will fly to Alexandria and Sohag, and more destinations to be added Air Arabia was roped in for… Read More »
Boeing 737 MAX completes FAA certification flights
The FAA and Boeing have completed the last series of certification flights with the 737 MAX on 2 July. The… Read More »
ATR to reduce airline production by 50%
Franco-Italian turboprop maker ATR has announced that it plans to reduce its production by 50% in response to the COVID-19… Read More »
Volotea opens sixth base in Italy
Spanish carrier Volotea has created its sixth base in Italy, which will focus mainly on domestic routes and flights to… Read More »