The Government of Quebec earlier this week reduced the value of it’s investment of approximately $800 million in Airbus, who operate the A220 factory and assembly line in Mirabel. The government reduced the value of its investment to $400 million,…
The government shutdown in the United States is creating havoc among the federal workforce, with additional stress being placed on air traffic controllers. That additional stress, and working with deferred payment, has resulted in additional “sick calls” from employees, including…
A report from Reuters indicates that the European Union is set to approve the deal in which Boeing would reacquire Spirit AeroSystems and spin-off work for Airbus and Bombardier to those entities. The deal, valued at $4.7 billion, requires anti-competitive…
The Airbus A320 family of aircraft, first introduced in 1988, has surpassed the Boeing 737, first delivered in 1967, as the most delivered jetliner in history. Airbus delivered its 12,260th A320 family aircraft to Saudi Arabia’s Flynas yesterday. Airbus achieved…
Spirit Airlines is shrinking after its second 2025 bankruptcy to better compete with Delta and United as market dynamics are changing. CFO Fred Cromer, during a virtual creditor meeting, that the airline will reduce its fleet from 214 to 100 …
The Kingdom of Sweden has formally signed an agreement to acquire four Embraer C-390 Millennium transport aircraft, joining with Austria and the Netherlands in a joint agreement that includes training and support. The transaction also includes 7 options for the…