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Latam, Aeromexico Face Allegations of Coercive Tactics in Bankruptcy Restructurings
Aeromexico and Latam Airlines Group cannot catch a break in their separate, but fraught, U.S. Chapter 11 bankruptcy restructurings. Both airlines face allegations of using coercive tactics, namely offering creditors…January 21st, 2022 at 1:32 PM EST
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Omicron Surge Crimps United’s Capacity Plans
United Airlines' ambitious plans to fly 5 percent more capacity this year than in 2019 ran into an obstacle named Omicron. Due to the spread of the coronavirus variant, the…January 20th, 2022 at 1:54 PM EST
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Pilot Shortage Cost American $61 Million in Fourth Quarter
U.S. airlines face an increasingly challenging situation finding pilots for their regional affiliates. This shortage is affecting schedules and the recovery and, at least for American Airlines, costing millions of…January 20th, 2022 at 1:18 PM EST
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Virgin Atlantic CEO Warns Inflation Will Drive Higher Costs, Fares in 2022
Supply chain challenges, rising labor costs and the price of flying more sustainably will be felt keenly by Virgin Atlantic Airways this coming year, and passengers will foot the bill.…January 19th, 2022 at 11:52 AM EST
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AT&T, Verizon Delay 5G Rollout as Global Airlines Suspend U.S. Flights
AT&T and Verizon agreed on Tuesday to delay the rollout of their 5G wireless networks — scheduled to go live Wednesday — at several U.S. airports to give the Federal Aviation…January 18th, 2022 at 3:36 PM EST
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American Airlines Cites Pilot Shortage For Route Suspensions
American Airlines will temporarily suspend at least seven regional routes this spring amid a worsening shortage of pilots facing U.S. regional carriers.January 18th, 2022 at 12:45 PM EST
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Aircastle Reports Stronger Quarter as Airlines Turn to Lessors For Fleet Needs
The pandemic brought new prominence to the aircraft leasing industry, as airlines, with their balance sheets battered by the crisis, increasingly have turned to lessors to supply their aircraft needs.…January 14th, 2022 at 2:59 PM EST
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Delta Slashes Regional Flying by a Quarter Amid Pilot Shortage
Delta Air Lines is the latest to cull schedules as a result of the pilot shortage facing the regional industry in the U.S. The Atlanta-based carrier has cut regional flights…January 13th, 2022 at 2:23 PM EST
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Boeing at Pivotal Moment With Mid-Market Aircraft Decision
Boeing's decision to kill its New Mid-Market Airplane, or NMA, concept two years ago could drastically upset the global duopoly for large commercial aircraft.January 12th, 2022 at 1:49 PM EST
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Denver Approves Airport Project With $1 Billion Cost Overrun
Denver International Airport can go ahead with completing overdue renovations of its iconic terminal building with approval an additional $1.1 billion in funding for the project that some liken to…January 11th, 2022 at 10:55 AM EST
