Category: News
NEWS 07/05/2020 Breaking: Qantas Confirms Immediate 747 Retirement, Schedules Farewell Flights Qantas has finally confirmed the demise of its Boeing 747-400 fleet. Read on to find out why. Read More →
NEWS 07/05/2020 Air Canada Announces Domestic Route Closures Air Canada announces the closure of 30 domestic routes, along with suspending operations at 8 airports. Read More →
NEWS 07/03/2020 Air France to Cut 6,500 Jobs by 2022 According to multiple sources, Air France "aims to present a plan to trade unions to cut just over 6,500 jobs over the next two years." In addition to the 6,500 employees set to be released, which includes pilots, flight attendants, and ground staff, HOP! which is a small airline that is owned by and part of Air France, plans to cut around 1,000 jobs. Read More →
NEWS 07/02/2020 El Al Suspends All Flights Until Further Notice The Israeli flag carrier, El Al, has grounded its fleet indefinitely. This has come after the pilot's union announced they would not fly due to the airline's financial troubles. Read More →
NEWS 07/01/2020 EasyJet Closes Bases and Cuts Staff The U.K. based budget airline, EasyJet, has announced they will close their bases and may cut 30% of its pilots. Read More →
NEWS 07/01/2020 Airbus to Cut 15,000 Jobs Amidst Covid-19 One of the largest aircraft manufacturers, Airbus, will be cutting around 15,000 jobs due to the lull in production as a result of Coronavirus. In February, they stopped production of the a320 in Asia in hopes of preventing the spread of COVID-19. Many airlines have also grounded the A380, which is now in the process of being rapidly phased out. In fact, Air France recently retired their final aircraft of the type. Read More →
NEWS 06/30/2020 Aeromexico Files for Chapter 11 Bankruptcy Aeromexico filed for Chapter 11 Bankruptcy. Click for a in-depth analysis on the situation. Read More →
NEWS 06/18/2020 Iberia Accelerates Retirement of A340-600 Fleet Spanish flag carrier Iberia plans on retiring its fleet of A340-600s earlier than expected. Read more to find out why. Read More →
NEWS 06/14/2020 British Airways Under Fire Due to New Employment Policies British Airways is now under fire for the way it wants to approach employment during Covid-19, which includes firing around 12,000 employees and downgrading the terms and conditions of other employees. Read More →
NEWS 06/08/2020 Mitsubishi and Bombardier Secure Deal Valued At Over $700 million For CRJ Program On June 1, exactly one week ago, Bombardier and Mitsubishi secured a deal valuing at over $550 million USD. Mitsubishi also promised liabilities on the aircraft worth up to $200 million USD. Read More →