News: On NBC’s Today show, Boeing CEO David Calhoun made a bold prediction that a major US airline will go out of business by the end of the year, and that it will take up to five years before the…
Several airline executives, including Gary Kelly of Southwest Airlines, have said they believe it is safe to fly during the current epidemic. “I don’t think the risk on an airplane is any greater risk than anywhere else, and in fact,…
In examining earlier industry recessions, the path to recovery is an interesting topic. Which classes of aircraft lead the way back for the industry, and which recover more slowly? If the past is prologue, we should expect similar behavior as…
In the wake of the current global pandemic, airlines are sending aircraft into storage in record numbers as demand for travel drops due to quarantine orders and international travel bans. But at the start of the year, the desert was…
The Boeing Company, after announcing intentions in its earnings call, has secured an additional $25 billion in debt to provide the cash cushion it needs to survive the SARS-Cv-2 crisis. But since the company’s credit rating has been cut to…
News The SARS-CV-2 virus has created the nightmare scenario for airline traffic around the world, with international restrictions and a population that is too fearful to fly. Traffic levels in affected areas are down 95% year to year, and the…