Singapore airlines has launched a massive capital raising that will ad over $13 billion to the carrier’s balance sheet. Singapore is offering 5.3 billion Singapore dollars ($3.72bn) in equity and up t...
GAT completed the acquisition of five General Electric CF6-80C2B1F engines for part-out that will be immediately inducted for disassembly. The resulting used serviceable material (USM) will be directe...
Shortly after announcing that its facilities in Spain and France had returned to operations airframe maker Airbus has announced that it is reducing wing production in the UK and Germany. Production at...
The International Air Transport Association (IATA) strengthened its call for urgent action from European governments to provide financial relief to airlines. The latest IATA scenario for potential rev...
The air cargo market is not only one of the few silver linings in the aviation sector right now, and the prospect of surplus passenger aircraft should provide feedstock at an economic price for P2F co...
The International Air Transport Association (IATA) has written to the heads of government of 18 States in Asia-Pacific to appeal for emergency support to airlines as they fight for survival due to th...
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...
Virgin Atlantic has operates its first ever cargo only charter, transporting medical and pharmaceutical goods from London to New York As the transatlantic passenger flight ban bites Virgin Atlantic op...
AirBaltic chief executive Martin Gauss, announced that he will give up his salary during the crisis as part of the effort to support the company through the ongoing Covid 19 crisis. Gauss said, “start...
A group of industry associations have written to the EU’s The Directorate-General for Mobility and Transport (DG MOVE) calling for the suspension of consultation and rukle making activities that were ...
The US Senate voted through a financial stimulus package that included nearly $60 in aid for the country’s airline sector, although caps on senior management pay and share buybacks are attached. The g...
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