Turkish Airlines has cut 50 aircraft from its firm commitment for 75 Boeing 737 MAXs, canceling 10 aircraft outright and reverting a further 40 to options.
Spanish regional carrier Air Nostrum has been forced to ask for loans from a fund managed by state holding company SEPI, requesting €103 million ($124 million) which the company plans to repay in seven years.
Spirit AeroSystems is now making several changes it had wanted to make eventually in a much quicker fashion—potentially turning its labor-intensive, 20th-century style factories into modern marvels of digitally driven lean manufacturing efficiency.
U.S. start-up carrier Breeze Airways plans to keep a dual fleet of Embraer E190/195s and Airbus A220s to utilize on secondary short-haul markets and long thin routes.
Europe has launched a research program to develop a deeper understanding of the environmental impact of future supersonic aircraft and provide input into international efforts to develop certification standards for noise and emissions.
The very latest in a series of critical market reports from AWIN’s Data and Analytics teams delving into the impact of COVID-19 on capital rates, jet fuel pricing and more.