Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit said in its Q3...
On Tuesday, the Brazilian airline Azul Linhas Aéreas announced its plans to reject the contracts of 12 Embraer E195-E1 aircraft. The carrier’s E1 fleet will be reduced by 40% by the end of 2023, compared to 2019, prior to the COVID-19 pandemic, as Azul moves on to the...
UPDATE Sep 19 – SAS is seeking court approval to reject the lease of several aircraft and return them to their lessors. The aircraft involved include five widebodies. The Scandinavian airline filed a so-called omnibus motion with the Southern District of New...
Staff shortages have been reported by many airlines and airports across the world, but one of the airports with a serious problem is Amsterdam Schiphol. The airport announced an action plan on May 26 that should bring some relief, but probably only to airport staff...
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