Executives at Boeing have been in the expectation re-setting business lately, culminating in what many industry observers agreed was a remarkably transparent investor day Nov. 2.
In response to an increasingly dire financial state, the board of directors of fledgling Norwegian LCC Flyr will hold an extraordinary general meeting Nov. 10 to approve issuing shares to keep the airline in business.
Stuttering economic growth, higher fuel prices and war in Ukraine have stalled the global recovery of daily commercial flights to about 87% of pre-COVID levels. The recovery in aircraft maintenance has therefore also slowed.
While Asia-Pacific airlines need China to reopen in order to reach full recovery, there are also plenty of other priorities to address in the interim, industry experts say.
As Europe looks to introduce mandates requiring airlines to use sustainable aviation fuel, Asia does not have the infrastructure in place, AirAsia Group's chief sustainability officer says.
Allegiant Air said it plans to receive only three Boeing 737 MAX deliveries in 2023, down from a previously-planned eight, marking the latest U.S. carrier to slash near-term delivery outlooks amid persistent supply chain woes at the OEMs.
The two largest ULCCs in the U.S.—Spirit and Frontier—are working furiously to increase their aircraft utilization to pre-pandemic levels in order to drive down costs.
VietJet is preparing to dramatically expand its widebody fleet by the end of this year and plans to use them to launch flights to new destinations including Australia.
More than $1 billion owed to airlines is being blocked, according to the International Air Transport Association (IATA). Now, the guilty parties are being named and shamed.