Industry reports indicate that Boeing has been forcing its leasing company customers to continue progress payments for aircraft, despite having their MAX fleets grounded and not earning income. The last thing a leasing company wants to do when losing revenue…
The FAA has amended its existing airworthiness directive, 2019-22-10, to expand the inspection of the pickle forks in older 737NG models to surrounding areas, as additional cracking has been found on inspected aircraft. This inspection requirement will expand the downtime for…
NEXA Advisors of McLean, VA, recently published the groundbreaking study, Urban Air Mobility: Economics and Global Markets, just released a fleet forecast for UAM aircraft. Between 2020 and 2040, NEXA forecasts a global market for more than 41,500 aircraft in…
The news media is citing Dennis Muilenburg’s statement that he asked Boeing’s board of directors to waive his bonus. Muilenburg’s compensation in 2018 was more than $23 million in salary and bonuses, so he isn’t someone that is in financial…
Subscriber content – Sign in [maxbutton id=”1″ ] [maxbutton id=”2″ ]
Bombardier has announced a Preferred Service Provider agreement with GE aviation through which GE will power Bombardier’s cockpit and cabin connectivity solutions. This is a first step toward the launch of Smart Link Plus, Bombardier’s connected aircraft program. Launching new…