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Airlines are burning a lot of cash — so what does that mean? – Marketplace
I was back on Marketplace this week to talk about how cash burn is measured. It’s earnings season, so we’re going to get a fresh round of numbers, but how do we make sure we’re … Read the post

1 week, 3 days ago

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Indian media baron Kalanithi Maran, owner of the Chennai-based conglomerate Sun Group, has asked the High Court of Delhi to give him control of Ajay Singh’s 59.13% stake in SpiceJet (SG, Delhi Int'l) after the loss-making carrier failed to transfer INR2.43 billion rupees (USD33 million) to Maran,…

4 hrs, 23 mins ago
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This is Ontic's fourth tranche of JT15D parts manufacturing rights from Pratt & Whitney Canada.October 27, 2020, 5:07 PMThe manufacturing rights to a fourth tranche of JT15D engine parts have been acquired by Ontic from Pratt & Whitney Canada, continuing a process begun in 2015. This latest tranche…

6 hrs, 2 mins ago
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Delta Air Lines has made this announcement: A new gate-to-gate study by scientists from Harvard’s T.H. Chan School of Public Health is the most comprehensive research to date to conclude that the layered approach U.S. airlines, including Delta, have taken to protect customers and employees from COVID-19…

6 hrs, 3 mins ago
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Despite predicting a record net loss in FY2020, Japan-based All Nippon Airways plans to create a new low-cost widebody unit for medium-distance flights.October 27, 2020, 4:20 PMDespite predicting a record net loss of $4.8 billion for Fiscal Year 2020 (April 2020 to March 2021), Japan-based All Nippon…

6 hrs, 27 mins ago
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6 hrs, 35 mins ago
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HJS said the newly designed website enables visitors to search aftermarket component options, parts inventory, and other resources. October 27, 2020, 4:35 PMHenderson Jet Services (HJS) has launched a redesigned website to provide comprehensive company product and services resources for manufacturers,…

6 hrs, 38 mins ago
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MIAMI – Passengers are coming back to the airlines – despite the “quite choppy” COVID-19 recovery, according to Delta Air Lines (DL) CEO Ed Bastian. “It’s a couple year journey. Domestic is going to come back faster than international. Leisure travel is going to come…

6 hrs, 40 mins ago
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FAA hopes to have a proposed rule mandating broader safety management systems (SMS) ready by 2022. October 27, 2020, 4:27 PMFAA Administrator Steve Dickson hopes the agency will have a proposed rule mandating safety management systems (SMS) for air taxi and air tour operators, repair stations, and PMA…

6 hrs, 44 mins ago
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Hawaiian Holdings, Inc., parent company of Hawaiian Airlines, Inc., today reported its financial results for the third quarter of 2020. Third Quarter 2020 – Key Financial Metrics GAAP YoY Change Adjusted YoY Change Net Income ($97.1M) ($177.2M) ($172.7M) ($254.1M) Diluted EPS ($2.11) ($3.81)…

6 hrs, 57 mins ago
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Traxxall 360 streamlines workflows with a more intuitive interface that is customizable and is faster, more robust, and more secure, Traxxall said.October 27, 2020, 4:07 PMMontreal-based Traxxall rolled out its next-generation maintenance tracking program, Traxxall 360, that it said will streamline…

7 hrs, 3 mins ago
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