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 »
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 »
Kenya and Somalia to Jointly Investigate Cargo Plane Crash
The Kenyan-registered private plane was carrying humanitarian supplies to use in the fight against the coronavirus. NAIROBI, Kenya – Somali… Read More »
Tom Cruise to Film Aboard International Space Station, NASA Administrator Says
Tom Cruise is blasting off to outer space. A NASA administrator tweeted Tuesday that the space organization is “excited” to… Read More »
Leasing bosses expect modest 2020 jet deliveries due to crisis
Leasing industry leaders said on Wednesday deliveries of new jetliners would remain hampered this year as a result of uncertainties… Read More »
Virgin Galactic, NASA teaming up on superfast ‘point to point’ flight
The deal aims to help the US develop “high-Mach vehicles for potential civil applications.” Virgin Galactic and NASA will work… Read More »