FINANCE | Boeing’s Cash Flow Troubles Deepen, Raising Credit Rating Concerns
Boeing‘s financial outlook took a hit this week after the company revealed a more pessimistic forecast for its cash flow. S&P Global Ratings, a credit rating agency, expressed concern that…
Boeing Faces Delivery Delays in China Due to Regulator Review of Cockpit Voice Recorder Batteries
Boeing‘s plans for smooth aircraft deliveries to China have hit a snag in recent weeks. The issue? A review by Chinese aviation authorities of the batteries used in the plane’s…
Malaysia Airlines Flight Attendant Passes Away During Tokyo Layover
Tragedy struck Malaysia Airlines on May 20th, 2024, with the sudden passing of flight attendant Norzana Hanim Hamzah. Norzana was found deceased in her hotel room while on a layover…
Ryanair Flight FR-2970 Encounters Smoke Indication, Returns to Tenerife Safely
A Ryanair Boeing 737-8 MAX, operating flight FR-2970 from Tenerife South, Spain to Edinburgh, Scotland, experienced a minor scare on its climb out of Tenerife. The aircraft, registered EI-IJI, was…
Air France Strengthens Brazil Presence with Additional Route
Air France is expanding its reach in Brazil, South America‘s largest nation. The airline recently announced the addition of a new route, bringing its total number of destinations served in…
China Opens Skies, Increased Flight Frequencies to Revive International Travel in 2024
China’s aviation industry is set for a boost as its civil aviation authorities announced plans to significantly increase the frequency of international passenger flights in 2024. This move aims to…
Airbus and Saudia Group Sign Major Deal to Bolster Kingdom’s Aviation Ambitions
In a landmark deal announced at the Future Aviation Forum in Riyadh, Saudi Arabia, Airbus and Saudia Group, the parent company of the Kingdom’s national carrier Saudia and budget airline…
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Emirates A380 Departs Manchester After Engine Incident Grounds It for Days
An Emirates A380 superjumbo that suffered an engine incident at Manchester Airport (MAN) has finally taken flight after a period of repairs. The incident, which occurred on Friday, May 10th,…
Lufthansa’s Acquisition of ITA Stalls as EU Demands Stronger Concessions
European Union antitrust regulators are poised to block Lufthansa’s bid to acquire a stake in Italian airline ITA unless the German carrier offers significantly improved remedies to address concerns about…
