China’s CDB Leasing Orders 80 Airbus A320neo Aircraft to Upgrade Fleet
China Development Bank Financial Leasing (CDB) has announced a substantial order for 80 Airbus A320neo family aircraft. The deal, revealed… Read More »
Airlines Increase Q3 Revenue Forecasts Amid Rising Fares
Airlines are projecting higher unit revenues for the third quarter, signaling a trend of increasing flight costs after a period… Read More »
Air Belgium on Brink of Bankruptcy Amid Investment Failures
Air Belgium, which suspended its passenger flights in 2023, is on the brink of bankruptcy, facing a critical two-week deadline… Read More »
Airplane Engine Repair Market Booms as Supply Shortages Persist
The global shortage of airplane engines, exacerbated by parts and labor scarcities, has led to a surge in the business… Read More »
Engine Overhaul Surge: Challenges and Opportunities for Airlines
The aircraft engine repair and overhaul sector is experiencing unprecedented demand due to parts shortages, delayed deliveries from Boeing and… Read More »
Spirit Airlines Furloughs 180 Pilots After $193 Million Loss, Exceeds Initial Estimates
Spirit Airlines has initiated a significant furlough of over 180 pilots during the holiday weekend, a figure that surpasses the… Read More »
Air Belgium Creditors to Vote on Restructuring Plan
Creditors of Air Belgium (KF) are set to vote on the airline’s reorganisation plan on September 4, 2024, or submit… Read More »
Atlas Air Expands Cargo Capacity with Addition of Three Boeing 747-8 Freighters
Atlas Air Worldwide announced on August 22 that it is bolstering its fleet with the addition of three Boeing 747-8… Read More »