FAA seeks $5.9 million penalty over 270 cargo flights
Federal regulators are seeking a $5.9 million penalty against an Atlanta aviation company that they say operated illegal cargo flights… Read More »
Abu Dhabi’s Etihad cuts hundreds of jobs
Abu Dhabi’s Etihad Airways has laid off hundreds of employees this month, including cabin crew, after the coronavirus pandemic forced… Read More »
Bombardier Sees Luxury-Jet Demand Crumbling at Least 30%
Bombardier Inc. is bracing for a drop of at least 30% in sales of private jets — the heart of… Read More »
NCLH Takes Measures to Mitigate Business Impacts From COVID-19
Norwegian Cruise Line Holdings Ltd. issued a business update on April 27 detailing its efforts to successfully ride out the… Read More »
Professional Travel Advisors Key to Cruise Industry Rebound
When the cruise industry resumes operations, professional travel advisors will be key to helping it rebound by counseling clients about… Read More »
GE enters into $15 billion loan agreement
General Electric entered into a revolving credit agreement for $15 billion, according to a regulatory filing on Monday. The current… Read More »
China Development Bank and General Electric cancel Boeing 737 MAX order
China Development Bank (CDB) Financial Leasing announced on Monday it had agreed with Boeing to cancel the purchase of 29… Read More »
Rolls-Royce scraps targets and dividend
Rolls-Royce is scrapping its targets and final dividend to shore up its finances as the British aero-engine maker’s customers around… Read More »