As the strike at Boeing persists, suppliers to the aerospace giant are warning of potential layoffs and operational cutbacks if the work stoppage continues.
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Boeing has forecasted significant growth in Latin America’s freighter fleet, projecting a 47% increase, reaching 220 aircraft by 2043. This expansion is driven by rising demand for air cargo, fueled by e-commerce growth, supply chain shifts, and increased trade volume in the region.
Capital A, the Malaysia-based parent company of AirAsia, has announced the promotion of its Chief Financial Officer, Pattra Boosarawongse, to the position of Deputy CEO, effective 1 November 2024. This appointment reflects Capital A’s recognition of Boosarawongse’s contributions and expertise, particularly in financial strategy and organizational leadership. As Deputy CEO, Boosarawongse is expected to play…
Israel Aerospace Industries (IAI) is actively evaluating several Maintenance, Repair, and Overhaul (MRO) facilities in China as part of its strategy to expand global conversion capacity for widebody freighters. This move comes as the company approaches certification for its B777-300ERSF program, one of the industry’s most closely watched passenger-to-freighter (P2F) developments.
Shanghai Airlines, a subsidiary of China Eastern Airlines, has taken delivery of a new Boeing B787-9. The aircraft, with serial number 63720, is equipped with GEnx-1B74/75 engines, produced by General Electric, reflecting the airline’s commitment to operational efficiency and sustainability.
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
MTU Maintenance, the German-based global engine service provider, has announced the expansion of its MRO portfolio in the United States to include LEAP and GEnx engines. As part of this strategic move, its Fort Worth, Texas location will evolve from an on-site service center into a full disassembly, assembly, and test facility, enabling complete overhauls for these two key engine types.
Boeing has forecasted significant growth in Latin America’s freighter fleet, projecting a 47% increase, reaching 220 aircraft by 2043. This expansion is driven by rising demand for air cargo, fueled by e-commerce growth, supply chain shifts, and increased trade volume in the region.
Capital A, the Malaysia-based parent company of AirAsia, has announced the promotion of its Chief Financial Officer, Pattra Boosarawongse, to the position of Deputy CEO, effective 1 November 2024. This appointment reflects Capital A’s recognition of Boosarawongse’s contributions and expertise, particularly in financial strategy and organizational leadership. As Deputy CEO, Boosarawongse is expected to play…
Israel Aerospace Industries (IAI) is actively evaluating several Maintenance, Repair, and Overhaul (MRO) facilities in China as part of its strategy to expand global conversion capacity for widebody freighters. This move comes as the company approaches certification for its B777-300ERSF program, one of the industry’s most closely watched passenger-to-freighter (P2F) developments.
Shanghai Airlines, a subsidiary of China Eastern Airlines, has taken delivery of a new Boeing B787-9. The aircraft, with serial number 63720, is equipped with GEnx-1B74/75 engines, produced by General Electric, reflecting the airline’s commitment to operational efficiency and sustainability.
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
MTU Maintenance, the German-based global engine service provider, has announced the expansion of its MRO portfolio in the United States to include LEAP and GEnx engines. As part of this strategic move, its Fort Worth, Texas location will evolve from an on-site service center into a full disassembly, assembly, and test facility, enabling complete overhauls for these two key engine types.
Boeing has forecasted significant growth in Latin America’s freighter fleet, projecting a 47% increase, reaching 220 aircraft by 2043. This expansion is driven by rising demand for air cargo, fueled by e-commerce growth, supply chain shifts, and increased trade volume in the region.
Capital A, the Malaysia-based parent company of AirAsia, has announced the promotion of its Chief Financial Officer, Pattra Boosarawongse, to the position of Deputy CEO, effective 1 November 2024. This appointment reflects Capital A’s recognition of Boosarawongse’s contributions and expertise, particularly in financial strategy and organizational leadership. As Deputy CEO, Boosarawongse is expected to play…
Israel Aerospace Industries (IAI) is actively evaluating several Maintenance, Repair, and Overhaul (MRO) facilities in China as part of its strategy to expand global conversion capacity for widebody freighters. This move comes as the company approaches certification for its B777-300ERSF program, one of the industry’s most closely watched passenger-to-freighter (P2F) developments.
Shanghai Airlines, a subsidiary of China Eastern Airlines, has taken delivery of a new Boeing B787-9. The aircraft, with serial number 63720, is equipped with GEnx-1B74/75 engines, produced by General Electric, reflecting the airline’s commitment to operational efficiency and sustainability.
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
MTU Maintenance, the German-based global engine service provider, has announced the expansion of its MRO portfolio in the United States to include LEAP and GEnx engines. As part of this strategic move, its Fort Worth, Texas location will evolve from an on-site service center into a full disassembly, assembly, and test facility, enabling complete overhauls for these two key engine types.
