Air Canada misses estimates amid second quarter airport chaos
Air Canada reported results below estimates in the second quarter, a period in which the global aviation industry could not meet passenger demand.
JetBlue reports wider-than-expected loss on soaring fuel costs
JetBlue Airways Corp. reported a second-quarter loss that missed Wall Street’s expectations as high fuel prices kept operating expenses elevated ahead of the carrier’s planned…
Boeing supplier sees 787 rate accelerating after output restarts
Boeing Co. will most likely lift build rates for its 787 widebody beyond the currently targeted five a month some time in the future, according…
Shell and Lufthansa Group dign non-binding Memorandum of Understanding for sustainable aviation fuel (SAF) supply
• The MOU contemplates the parties exploring the supply of SAF that could reach up to 594 million gallons (1.8 million metric tonnes) in total…
Boeing gets FAA clearance to restart 787 Dreamliner delivery
Boeing Co. received preliminary US regulatory clearance to restart deliveries of its 787 Dreamliner aircraft, paving the way for the end to a drought that…
Lufthansa faces more turmoil as pilots back possible strikes
Deutsche Lufthansa AG may face further disruption after its pilots voted for strikes if they’re considered necessary to force a wage deal, a move that…
Boeing submits new contract ahead of strike by defense workers
Boeing Co. has put forward a modified contract for about 2,500 union members at three defense locations near St. Louis, days after the workers voted…
Air France-KLM to add flights after battling Summer surge
Air France-KLM plans to raise capacity closer to 2019 levels by the end of the year, later than previously expected after battling soaring demand in…
IndiGo Airbus plane slips off runway while taxiing for takeoff
An Airbus SE A320 aircraft operated by IndiGo, India’s biggest airline, slid off the runway onto grass while taxiing for takeoff in Jorhat, the carrier…
An $18 billion distressed fund bets on fresh aviation disruption
One of the biggest names in distressed investing is poised to expand its bet on the aviation industry as fresh chaos hits airlines around the…
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