Air Transport Services Group (ATSG), a leading air freight services provider to Amazon, will try to raise up to $400 million in corporate debt to pay down revolving loans, the company said Jan. 13.
The Ukraine International Airlines Flight 752 (PS752) investigation appears headed for a major impasse as Iranian officials welcome international aircraft accident investigation experts to Tehran, even as they remove vital evidence of the Boeing 737’s wreckage and deny claims by foreign intelligence sources that the aircraft was shot down.
Boeing on Jan. 6 provided more details on how the 737 MAX production pause will progress, while major program supplier Spirit AeroSystems said it will begin accepting “voluntary” layoffs.
Weeks into a rash of reported drone sightings in eastern Colorado and part of Nebraska, the FAA on Jan. 6 lacked an explanation for the reports or whether drones were actually involved.
Spirit AeroSystems, the leading supplier of 737 aerostructures to Boeing, announced Dec. 20 that it will stop producing new 737 aerostructures and halt deliveries to its OEM customer on Jan. 1, 2020.