Mitsubishi is confronted with new realities

Mitsubishi announced to rework its regional aircraft program, formerly known as MRJ, before air show in Paris in June 2019. Many significant changes were introduced including the redesign of the MRJ70 into a 76-seater that was called “The Concept” at that time. Then, just days before the show Mitsubishi made …

China’s lessors are looking forward to working

China’s lessors are returning to their offices, while the lessors around the world are forced to work from home due to the coronavirus pandemic. The travel restrictions and lockdown have affected the air travel of many leasing executives around the world, whereas china’s leasing executives are flying again. Many executives …

Thai Airways is looking for a rehabilitation plan

The national flag career airline of Thailand, Thai Airways International is struggling and needs a rehabilitation plan. The company is looking for the government’s support for negotiating with foreign creditors and renegotiating contracts with other enterprises. The airline, affected by the corrupt practices, requested Central Bankruptcy Court for rehabilitation. Its …

South American Airlines can file for bankruptcy

Two major airlines of South America have already filed for bankruptcy protection and more airlines can follow if the situation remains the same. The pandemic has affected the airlines worldwide, but Latin America’s airlines are the worst affected, as they are not getting much support from the governments. Avianca, Colombia-based …

Lufthansa intends to sell shares of its MRO arm

The German airline Lufthansa has shown an interest in selling shares of the company’s MRO arm, Lufthansa Technik. The company’s Group chief executive Carsten Spohr told that part-sale of the MRO arm is a possibility in the future, but the group would remain the majority shareholder. Spohr was speaking during …

Crisis has affected the aircraft shipments

The coronavirus pandemic has affected the businesses worldwide and it has also affected the business of the careers delivering products around the world. The worldwide shipments in the first quarter of 2020 fell to the lowest level in the last 10 years. Even though the year started very good, the …

Airlines to start flights to US vacation spots

After almost 3 months of complete or partial lockdown due to coronavirus, US cities are lifting the restrictions gradually. This has resulted in an increased interest of the airlines’ passengers to travel to destinations like Florida and Las Vegas. A huge number of people want to visit the Walt Disney …

Amazon Air is benefiting from the new demands

Where the coronavirus has affected air travel operations around the world, Amazon Air is one of the few careers that have seen an increase in the demands. People at home are ordering more goods from its namesake e-commerce website and now analysts are debating how fast its fleet can grow. …

Latin American Governments face criticism

The International Air Transport Association (IATA) criticized the Latin American governments for not providing support to their airlines. The trade association has also raised questions regarding the future of the careers and whether or not all of them would survive the pandemic. They have also asked the government that when …

Air Canada will launch a short schedule

Air Canada resumed its operations on 25th May and started flights to New York-LaGuardia, Los Angeles, Washington-Dulles, Boston, and Chicago. Even though the governments in the USA and Canada have banned non-essential travel within the two countries till 22 June, Air Canada is hopeful that the restrictions would be eased …