FAA approves unleaded fuel
FAA approves unleaded fuel
Month September 2022
Avionics consolidation coming up between Safran and Thales
An interesting piece of consolidation news has been coming from France on September 5: aerospace giant Safran Group is in negotiations with another aerospace giant, Thales Group, to acquire its aeronautical electrical systems or avionics business. The transaction, once completed, will…
SAS wants to reduce fleet by several aircraft
UPDATE Sep 19 – SAS is seeking court approval to reject the lease of several aircraft and return them to their lessors. The aircraft involved include five widebodies. The Scandinavian airline filed a so-called omnibus motion with the Southern District…
Mitsubishi discloses full impairment on SpaceJet
Mitsubishi Heavy Industries (MHI) has fully impaired costs and assets related to the SpaceJet regional jet program, making it ever more unlikely that the project will ever re-start again. The impairment of ¥80.599 billion ($573 million) is mentioned in MHI’s financial…
Insight – The data trends don’t look good for US airlines
The data trends don't look good for US airlines.
Transactions through August 2022
Transactions through August 2022