Boeing intends to significantly ramp up the production rates of all its commercial aircraft projects in 2025-2026 and intends to strengthen its financial position. Boeing shared its plans today during its Investors Conference in Renton. Boeing wants to get back to 800...
Air India is aiming to have a 30 percent share of the domestic and international air traffic in the next five years, Campbell Wilson, Chief Executive Officer and Managing Director of the airline said on October 18. Air India wants to capture 30 percent market share....
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...
Hong Kong-based lessor CALC is accelerating its strategy to capture a bigger market of overseas, non-Chinese customers and benefit from the strong recovery. The company has also entered the emerging passenger-to-freighter market, with work on the first aircraft...
Qantas and Alliance Aviation Services have reached an agreement, in which Qantas will fully acquire Alliance by purchasing the remaining 80.1 percent of its shares. The acquisition will allow Qantas to better serve its growing regional operations, it said on May 5....
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