The European Commission announced its conditional approval for Deutsche Lufthansa’s proposed 41 percent stake in Italy’s ITA Airways. The deal, negotiated last year, has Lufthansa paying €325 million for its stake in the carrier, with the Italian finance ministry also…
The A321neo has seen a remarkable market demand. It is the most in-demand single-aisle in the market. Where airlines with orders went bankrupt, like Primera, the aircraft were snapped up. Airlines switching away from them had no problem getting customers,…
Despite the regular and expected on-the-record congratulations, it’s not difficult to think that in the fast-growing Ultra Low-Cost Arajet , it is not the best time to rejoice. After failing to get DOT’s authorization to fly to the US in…
China’s homegrown ARJ21 regional jetliner leaped forward, with its first commercial flight departing from a high-altitude airport on July 2nd, 2024. This historic flight, operated by Chengdu Airlines, connecting Kashgar to Tashkurgan in Xinjiang, marks a significant achievement for both…
Today’s key stories focus on speculation that Pat Shanahan, former Boeing VP and now CEO of Spirit AeroSystems, could become David Calhoun’s replacement. It is our view that, just like Stephanie Pope, both executives are steeped in the Boeing culture…
The Boeing Spirit AeroSystems Deal is Expensive. The finalization of a re-acquisition by Boeing of Spirit AeroSystems has been widely announced as a $4.7 billion transaction, using stock rather than cash to complete the deal. But that isn’t the entire…