Pratt expects the number of grounded A320neos to peak by April 1 as engine removals to check parts with contaminated powder metal (PM) continue to rise.
2024 is shaping up to be a strong year for the aircraft asset market as global air traffic recovers to pre-pandemic levels amid a limited supply of new jets.
Akasa is looking to enter agreements for about $300 million in structured debt—a change of direction from its previous plans to issue substantial new equity.
Ihssane Mounir, Boeing senior VP for global supply chain and fabrication, told a key supplier conference that suppliers and the OEM owe each other transparency.