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Morgan Stanley downgrades Joby Aviation
Morgan Stanley downgrades Joby Aviation

Morgan Stanley has downgraded Joby Aviation from an over-weight to equal-weight rating, while cutting its price forecast from $10 to $7.Various media reports highlight that this downgrade reflects the...

Phoenix Aviation Capital and AIP Capital close pre-delivery payment facility
Phoenix Aviation Capital and AIP Capital close pre-delivery payment facility

Phoenix Aviation Capital and AIP Capital have closed a pre-delivery payment financing facility, which will be used to finance pre-delivery payments for Phoenix's orderbook of 30 737 MAX 8 aircraft wit...

Spirit Airlines and Safran Landing Systems renew supply and MRO contract
Spirit Airlines and Safran Landing Systems renew supply and MRO contract

Spirit Airlines and Safran Landing Systems have renewed their long-term agreement for the supply and maintenance, repair and overhaul (MRO) of wheels and carbon brakes for Spirit’s fleet of A320 aircr...

MTU Maintenance completes 7,000th shop visit for a V2500-A5 engine
MTU Maintenance completes 7,000th shop visit for a V2500-A5 engine

The MTU Maintenance network has officially completed 7,000 shop visits for its V2500-A5 engine program, marking the occasion with a celebratory event at MTU Maintenance Canada.   MTU performed 38 perc...