Credit: HeicoAn expected surge in used serviceable materials (USM) poses a risk to new-parts sales, but structural fundamentals in global fleets and customer preference should limit the downside for many parts suppliers even as opportunities for used-parts specialists increase.
Credit: Rob FinlaysonSwitzerland decided on June 10 to impose a new airline ticket tax ranging from CHF 30 ($32) to CHF 120 ($128) depending on the booking class and the distance of journey for each departure.
Credit: Nigel Howarth / Aviation WeekThe European Commission has approved plans by the Finnish and Portuguese governments to give financial support to their respective national airlines amid the ongoing pandemic.
Credit: Air TransatAir Transat plans to resume flights on July 23, gradually rolling out a network of 22 destinations in the Caribbean, Europe, Latin America, the U.S. and within its home market, parent company Transat A.T. said June 11.
Credit: Rob FinlaysonDelta Air Lines estimates total revenues for the quarter ended June 30 fell 90% from last year, offering a preview of what will likely be the biggest loss-making quarter in airline industry history.
Credit: Spirit AerosystemsAerostructures giant Spirit AeroSystems, the leading supplier to the Boeing 737 MAX program, is furloughing more workers after the OEM recently told it to cut output further. Spirit now expects to produce less than half of the original number of fuselages planned this year.
Credit: Joe PriesThe “Big 3” U.S. carriers are restoring summertime capacity at an uneven rate, highlighting sharp differences in network composition and overall COVID-19 pandemic recovery strategy.
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