A Daily Summary of Industry News covering Commercial Aviation, Business Aviation, Airlines, Urban Air Mobility, and Social Media Commercial Aviation After a Long Fall in Oil Prices, a Crash: WSJ Possibly ‘a few months’ until life gets ‘back to normal’:…
With the Covid-19 pandemic in full swing, global airlines are cutting back mercilessly with a downstream impact being felt throughout the commercial aerospace supply chain. On Friday Delta Air Lines, arguably the world’s best-run airline, announced it was grounding 300…
The coronavirus crisis and the reduction in flight schedules are having a major impact on both airlines and aircraft OEMs, with bankruptcy a strong possibility for several airlines that were already troubled. Without government assistance, we expect a number of…
A Daily Summary of Industry News covering Commercial Aviation, Business Aviation, Airlines, Urban Air Mobility, and Social Media Commercial Aviation FAA’s Global Status Shaken: Bloomberg American retiring 767 and 757: American An autopsy on the death of the Bombardier dream:…
Two years ago, had anyone forecast that Boeing would be in extreme financial difficulty in 2020, we would have viewed them as crazy. Today, after Boeing has drawn down the remainder of its recent $13.5 billion loan, lost additional MAX…
Several pundits were expecting this to happen yesterday. The impact will be devastating to the EU airlines, many of them already hammered by declining traffic. It needs to be mentioned again – airlines cannot divest expenses as quickly as they…