As the strike at Boeing persists, suppliers to the aerospace giant are warning of potential layoffs and operational cutbacks if the work stoppage continues.
Air Transat, the Canadian airline known for its leisure and vacation travel services, has announced a temporary layoff of up to 400 flight attendants, effective November 1, 2024.
Romanian national airline TAROM has announced a brief extension in the operation of its Airbus A318 aircraft, with serial number 2931, YR-ASA now scheduled for its final flight on November 22, 2024.
Skytech-AIC, a UK-based aviation consultancy and asset management firm, has been appointed by 2Excel Aviation to secure a Boeing 737-800 or 737-700 on an operating lease.
Royal Air Maroc (RAM), Morocco’s national airline, is reportedly on the verge of securing a significant aircraft deal with Airbus, aimed at enhancing its long and medium-haul fleet capabilities.
Dubai Aerospace Enterprise (DAE), a leading aviation leasing company based in the UAE, has announced plans to acquire 10 narrowbody, next-generation aircraft, with the total portfolio valued at approximately $500 million.
Crestone Air Partners, a U.S.-based aviation investment firm, has expanded its fleet with the acquisition of four Airbus A321 aircraft.
Aer Lingus has announced it will ground one of its Airbus A330 aircraft and scale back the usage of three A320s as the airline contends with the dual pressures of Dublin Airport’s passenger cap and declining profitability.
Boeing has launched a significant stock offering that could raise approximately $19 billion, aiming to reinforce its financial position amid recent operational setbacks.
Brazilian airline Azul has reached a major agreement with its existing bondholders, securing up to $500 million in additional funding and negotiating terms that could reduce its debt burden significantly.
