The parent company of Japanese carrier All Nippon Airways (ANA), ANA Holdings, plans to issue nearly ¥150 billion worth of bonds. Proceeds will be used to support its business structure reform plan announced in October 2020, redeeming maturing bonds, and repayment of...
UPDATE – Boeing expects that rework on the 787 and lower production rates to result in $1.0 billion in abnormal costs. Of this, $183 million has been recorded in the third quarter results, the airframer said on October 27 during the Q3 results presentation. 787...
Africa’s strong, long-term growth prospects for commercial aviation are closely tied to the continent’s projected 3% annual economic growth over the next 20 years, according to Boeing. This is coming as the aircraft giant, forecasts that Africa’s airlines would...
