The key news surrounding Boeing today is the company’s move to raise $19 billion in a share issue to shore up liquidity and maintain an investment grade credit rating. The no vote that resulted in a continuation of the IAM…
The Delhi-based low-cost airline IndiGo reported a net loss of Rs 9.9 billion for the quarter ending September 2024, primarily driven by higher fuel costs and a peak number of groundings, which have now started reducing. IndiGo had previously reported…
The key news and analyses over the weekend speculate on how long the strike will continue and the difficulties of Boeing’s current situation. The tenor of articles is changing, given the difficult position the IAM has placed Boeing in, with…
Today’s news is focused on the implications of the IAM rejection of the latest Boeing offer, extending the strike that is now in its sixth week. The strike is impacting the supply chain and industry-wide disruptions in the industry. Continuing…
Textron Aviation unveiled three new business jets this week prior to the NBAA convention. The three models, the Citation M2 Gen3, CJ3 Gen3, and CJ4 Gen3 will update Cessna’s light business jet family. The CJ4 Gen3 will enter service in…
Today’s key news is the rejection of the latest offer between Boeing and the IAM, meaning the strike continues. The vote this time was much closer, with 64% rejecting the deal, versus 95% on the earlier contract. The two key…