David Coleal, most recently president of Bombardier Aviation, has been named group CEO of Incora, a provider of supply chain management services to aerospace, defense and other industries, effective Nov. 30.
A bipartisan group of nine senators unveiled a more than $900 billion pandemic relief proposal that includes another round of payroll support for U.S. carriers.
Long-time investment specialist Castlelake is teaming up with Boeing to provide up to $5 billion in new-aircraft delivery financing, giving cash-strapped carriers an additional funding option that does not require Boeing to increase its debt load.
Corroded hardware is leaving Airbus A350 cockpit escape hatches difficult to open from the outside, leading Airbus to redesign the affected parts and prompting EASA to order modifications for the affected in-service fleet.
Troubled long-haul LCC Norwegian Air Shuttle will seek a five-month protection period for restructuring at a Dec. 7 court hearing as part of the examinership proceedings it initiated in November.
As some hubs in the U.S. lose a certain level of panache during the COVID 19 crisis, Panama’s Copa Airlines believes its long-standing “Hub of the Americas” will become even more strategic in a post pandemic world.
