Spirit AeroSystems has started preparing for higher production rates of the Boeing 737/MAX and Airbus A320neo family programs. It is working towards a rate 42 per month in October for the 737/MAX, although Boeing currently keeps its own production at…
Mitsubishi Heavy Industries (MHI) confirmed on Tuesday that it will discontinue the SpaceJet program, a day after stating that media reports were unfounded. The Japanese industrial giant admits that it has underestimated the complexity of the type certification process for a…
UPDATE – Spirit Airlines announced a $-270.7 million reported net loss for Q4 2022, which after excluding special items turns into a small $12.6 million profit. Full-year, the ultra-low-cost US airline wrote deep red numbers with a $-554.2 million reported…
Global passenger traffic has recovered in 2022 to 68.5 percent of pre-pandemic levels, up from 41.7 percent in 2021 . Domestic travel is back to 79.6 percent from 68.7 percent in the previous year. International revenue passenger kilometers (RPK) recovered…
News from Japan a few minutes ago says Mitsubishi Heavy Industries is shutting down the development of the SpaceJet. The decision is expected to be announced on Tuesday when MHI presents its FY22 results. Termination of the program, which has…
The Mexican ultra-low-cost carrier Volaris fears the Mexican government could force a relocation to Mexico City’s new Felipe Ángeles International Airport (NLU) for passenger airlines. Last week, the government issued a decree forcing cargo operators to move to the new…