Production hick-ups on the MAX assembly line due to supply chain issues are also affecting Spirit AeroSystems’ deliveries to Boeing. As part shortages result in production disruptions in Renton, Spirit’s inventory of MAX fuselages is stacking up. But it isn’t…
Garuda Indonesia plans to issue $800 million in new debt and raise $330 in fresh equity. This is part of the restructuring plan that has been presented to a court in Jakarta on June 9. Creditors of the troubled airline…
UPDATE – US start-up Connect Airlines has bold plans for its regional operations with hydrogen-based aircraft. The carrier has announced a firm order with Universal Hydrogen for 75 converted ATR 72-600s plus 25 options. Connect expects to take delivery of the…
UPDATE – Spirit Airlines has postponed the stockholders meeting scheduled for June 10 to June 30 which is to decide in favor or against the merger proposal with Frontier Airlines. Spirit said on June 8 that it wants to allow…
Considering the “newness” of the eVTOL market, it is quite amazing that there has been a surge of interest. Using January 2020 as our start point, we have been tracking commitments (as we are defining orders for now) and options. …
Continued high fuel costs, operational disruptions at airports, air traffic management issues, and the resulting compensation to customers are expected to push Wizz Air into a first-quarter FY23 operating loss this summer. The ultra-low-cost carrier is particularly blaming supply chain/staffing issues…