Air Baltic is throttling up as most airlines scrap jet orders
Airlines are doing everything they can to scrap or delay jetliner deliveries amid an unprecedented collapse in air travel. Not… Read More »
United Airlines sells $1 billion of stock
United Airlines Holdings announced a public offering to raise more than $1 billion, the first major airline to sell equity… Read More »
Airbus puts six jets made for AirAsia up for sale as crisis deepens
Airbus has put six jets made for one of its largest customers up for sale after giving up on Malaysia’s… Read More »
Spirit AeroSystems expects losses as Coronavirus hits plane output
Spirit AeroSystems Holdings said on Tuesday it would swing to a first-quarter loss and warned of a bigger blow in… Read More »
Juneyao Air anticipates $600 million in aircraft capital expenditures from 2020 to 2022
Juneyao Air anticipates $600 million in aircraft capital expenditures from 2020 to 2022, outlining its plans around the expected delivery… Read More »
Airbus’s decision to cut output of its best-selling A320 series jet faces crucial test
Airbus’s decision to cut output of its best-selling A320 series jet by a third amid coronavirus marks a huge shift… Read More »
Grounded airliners insured for more than $160 billion
Airliners with a total insured value of more than $160 billion are grounded around the world, presenting risks for insurers,… Read More »
US carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom
The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large… Read More »