Delta Air Lines just sent out the following PR: “Funding for the FAA expired on July 23. At that time, Delta stopped collecting several taxes imposed on ticket sales, including a 7.5 percent tax on the base ticket price, a…
On Friday we had a chance to speak with AirCell’s, Norman Smagley, Executive Vice President and CFO. The firm has just announced another round of successful financing for $35m from its investors, this being added to $500m already invested in…
Airbus didn’t have any orders when it launched the A320 New Engine Option (NEO) program on December 1. Chief Operating Officer John Leahy predicted “hundreds” of orders soon and a 10-year market of 4,000. We’ve known Leahy for 25 years…