Several carriers are seeking financing for their Boeing 737 MAX orders, but in the midst of the current global pandemic are finding that lenders with terms that were available pre-crisis are virtually impossible to find. That, of course, changes the…
We are using Friday data for this update because this is the most recent information we have on flight numbers for US domestic service. There has been a distinct swing down from the upward trend we have been seeing for…
Commercial BAE puts suppliers on notice of major shake-up – FT How a power-hungry CEO drained the light out of General Electric – NYP Russia introduces AI to aircraft engine production – MachineryMarket Boom plans October XB-1 rollout – FlightGlobal…
News: The financial picture at Rolls-Royce, as with every other commercial aviation entity, has turned bleak amidst the current global pandemic. The company was estimating a positive cash flow of £1 billion for this year but is now expecting a…
The trend still looks “up”, but less so than a week ago. Page 1 shows the recovery in terms of flights and passengers per flight is up. But those passenger numbers are very wobbly. The surge in pandemic numbers these…
LATAM Airlines Group provided an update on the status of its Chapter 11 bankruptcy protection, which it filed with the New York South District court on May 26. Chapter 11 now includes LATAM Brazil, which was left outside the filing…