Akasa Air, India’s newest low-cost carrier, has initiated discussions with Boeing to accelerate the delivery of additional aircraft, aiming to expand its fleet significantly by the end of the current fiscal year in March 2025. The airline is positioning itself to cater to the growing domestic and international travel demand in the region.
Boeing reported delivering only 13 commercial jets in November 2024, marking a stark decrease compared to the 56 jets handed over in the same month the previous year. The drop highlights ongoing production and operational challenges faced by the aerospace giant.
The Federal Aviation Administration (FAA) is actively addressing concerns related to the LEAP-1B engine, used on the Boeing 737 MAX aircraft, through its standard continued operational safety process. The initiative involves close collaboration with key stakeholders, including Boeing, engine manufacturer CFM International, and the European Union Aviation Safety Agency (EASA).
Boeing has commenced the process of issuing layoff notices to 17,000 of its employees, a move set to reduce its workforce by 10%. This reduction comes as part of Boeing’s strategic efforts to stabilize its finances amid significant challenges impacting the aviation industry, particularly due to the reduced demand for air travel and aircraft orders…
Spirit AeroSystems and Boeing are close to finalizing a funding agreement aimed at providing a critical cash lifeline for Spirit, which has been facing significant financial challenges. The funding comes as Spirit AeroSystems anticipates a cash burn of approximately $450-500 million over the last quarter of 2024 and the first half of 2025. The deal reflects Boeing’s ongoing efforts to support its…
Allegiant, a U.S.-based low-cost carrier, has initiated a significant shift in its fleet composition. During the third quarter of 2024, Allegiant retired four Airbus A320s, marking the beginning of a phased transition to the Boeing 737 MAX. The airline recently took delivery of its first 737 MAX, with plans to receive an additional 11 MAX…
Air Canada has outlined an ambitious fleet expansion plan, expecting the delivery of 90 new aircraft over the next five years. This comprehensive addition will include a mix of aircraft types aimed at enhancing the airline’s operational capabilities and meeting growing passenger demand. The upcoming deliveries include two Boeing 767-300ERs re-entering the fleet in 2025,…
