The dismantling facility will be capable of handling six medium to large-sized aircraft annually; the freight facility will handle 5,000 pieces of cargo/hour.
LCC Norwegian has won a $97 million four-year contract to provide around 250,000 flights annually for the defense sector in Norway and the Nordic region.
AirBaltic says a shortage of spare engines led to an average of 11 grounded aircraft in its Airbus A220 fleet and forced the airline to wet-lease capacity.
Boeing is redesigning a 737 MAX engine nacelle component after discovering that operating the anti-ice system in certain conditions can damage the part.
Over 300 captain or captain-eligible pilots have transferred to Air Canada from Jazz Aviation over the past year, reports the regional airline’s parent Chorus.
MOODY'S INVESTORS SERVICE is forecasting global airline industry's aggregate operating profit will nearly double to $29b in 2023 from $15b in 2022, then topping $40b in 2024, vs $30b in pre-pandemic 2019.