The World of Aviation
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Airlines set to see $157bn loss, more bankruptcies expected: IATA
/The world’s airlines are on track to lose a total of $157 billion throughout 2020 and 2021 as global COVID cases continue to surge, according to the IATA. The International Air Transport Association has downgraded its industry outlook since June, when it had forecast $100 billion in losses across the two-year period. Now, the association
Read morePodcast: Transitioning from pilot to entrepreneur
Tune in to this episode of the World of Aviation Podcast, where we interview Jim Murphy, founder of Afterburner, and talk about the transferrable skills of pilots. It’s fair to say 2020 has been a tough year for many in the aviation industry, who have been stood down, made redundant or simply forced to take on
Read moreRyanair backflips on 737 MAX order intentions
Ryanair chief executive Michael O’Leary has said the airline hopes to place new orders on Boeing’s embattled 737 MAX, a 180-degree flip on comments made by Ryanair DAC CEO Eddie Wilson last week. “I think it is important for Boeing to announce some customer orders and we would certainly be very keen to be at
Read moreBoeing sued by former partner Zunum for fraud and misuse of trade secrets
/In more bad news for Boeing, Seattle-based hybrid-electric airplane start-up Zunum, which ran out of cash and collapsed in July 2019, has filed suit against the US planemaker – its former investment partner. The lawsuit filed in King County Superior Court alleges that Boeing “employed a targeted and co-ordinated campaign to gain access to proprietary
Read moreTSA reports travel spike ahead of Thanksgiving
The US Transportation Security Administration has said it screened over 3 million passengers in the weekend ahead of the Thanksgiving holiday, as Americans ignore the CDC’s advice not to travel for the holidays. The figures show it being the busiest weekend for foot traffic through TSA security screenings since the beginning of the pandemic in
Read moreAlaska Airlines to lease new 737 MAX jets, offload Airbus A320s
| 1 Comment on Alaska Airlines to lease new 737 MAX jets, offload Airbus A320sAlaska Air Group confirmed on Monday it will lease 13 new Boeing 737 MAX 9 planes from US aircraft lessor Air Lease Corp, less than a week after the jet was approved to re-enter commercial service. The airline also disclosed plans to sell 10 Airbus A320s to Air Lease, which were taken over with the
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