Moves by non US Americas airlines to shore up their business in the face of plummeting passenger demand have been dealt a further blow by a stronger US dollar, according to analysts Cowen. Air Canada,...
While airlines are set to be the most impacted part of the aviation sector by Covid 19, book values of aircraft could decline as much as 40%, making valuing lessors both more complicated and complex, ...
Aventure Aviation has acquired for teardown a Boeing 757-200 (MSN 27208). The airframe will be dismantled in Goodyear, Arizona. All harvested parts will be inspected on-site and shipped to Aventure's ...
Originally established as a cargo and passenger airline back in 2005, Avion Express, leading ACMI operator with 15 years of experience, announced re-entering the airfreight market. This move comes as ...
Boeing is reacting to the effects of the pandemic on airlines, with expectations to begin early retirement and buyout packages, The Wall Street Journal reports. An internal announcement of the moves w...
LATAM Airlines Group has announced a 95% reduction in operations during April 2020, in light of border closures and lower demand due to the COVID-19 pandemic. Measures will be evaluated on an ongoing ...
A combination of watertight leasing contracts and management experience of market downturns makes lessors better placed to deal with the Covid 19 pandemic than their airline customer base, according t...
A combination of watertight leasing contracts and management experience of market downturns makes lessors better placed to deal with the Covid 19 pandemic than their airline customer base, according t...
Despite IATA warning that airlines globally are facing losses of $314 billion in 2020, a 55% decline compared to 2020, the US government’s $58 billion CARES package, is by-far largest aid deal so far...
Major American airlines have asked the US Treasury to move quickly to release up to US$58 billion in government grants and loans and recommended a formula to divide up the money, according to Reuters....
Following Boeing's announcement to temporarily suspend production at its Washington state facilities, Spirit AeroSystems is to suspend Boeing work performed at its facilities in Wichita, Kansas, and i...
Alaska Airlines today announced plans to reduce its flight schedule for April and May by approximately 70% following historic and unprecedented falloff in demand related to the COVID-19 outbreak. Flig...
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