Mitsubishi’s Bombardier deal soured by SpaceJet cutbacks
Mitsubishi Heavy Industries marks a milestone in its aviation ambitions on Monday by integrating the commercial jet business of Canada’s… Read More »
Bombardier exits commercial jet sector with closure of $550-million CRJ deal
Bombardier Inc. has completed the sale of its regional jet business to Mitsubishi Heavy Industries Ltd. for US$550 million, cementing… Read More »
American Airlines, British carrier EasyJet to slash workers amid pandemic
American Airlines and European budget carrier EasyJet both plan to cut large parts of their workforces as the global aviation… Read More »
Jet Engine Maker Rolls-Royce Cuts 9,000 Jobs As Aviation Reels
Rolls-Royce said Wednesday it plans to cut some 9,000 jobs globally as it grapples with the collapse in air travel… Read More »
United Airlines’ new CEO Kirby takes the reins, aiming to ‘get through hell as quickly as possible’
United Airlines’ incoming CEO Scott Kirby doesn’t mince words. “It’s far better to be too aggressive than not aggressive enough,”… Read More »
Aerolíneas Argentinas and Austral will merge operations
Argentina’s government has initiated plans to merge Aerolíneas Argentinas and Austral in order to improve efficiencies and reduce costs. In… 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 »
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 »