It’s unclear whether the airline will ever operate, but if it does so, it will be under a new owner. This, at the moment, seems highly unlikely as lenders themselves are reluctant to put more money and they scurry to find a willing investor with deep pockets to pour new money into the airline.
Jet Airways pilots couldn’t implement their ‘no pay, no work’ call, wait for lenders to meet, hope some fund infusion from them; more time elapses Mumbai: Cash-strapped Jet Airways on Sunday somehow averted a deeper crisis after its pilots body, the National Aviatior’s Guild, deferred its “no flying” call to a later date from Monday, […]Continue Reading
Longtime Porter Airlines executive Michael Deluce has become president and chief executive of the Toronto-based regional airline, assuming a role previously held by his father, Porter founder Robert Deluce. The shift, effective immediately, comes as part of a broader executive shakeup at the company. Michael Deluce had previously been Porter’s executive vice-president and chief commercial […]Continue Reading
Delta Air Lines is accelerating retirements of its Boeing MD-90s, hastening the exit of the former McDonnell Douglas narrowbodies from US fleets. “We expect to accelerate the retirement of our MD-90 fleet,” says Paul Jacobson, chief financial officer of the Atlanta-based carrier, during a quarterly earnings call today. The move will drive roughly 0.5 percentage […]Continue Reading
Mark Mannering-Smith is head of aviation safety at British Airways, where he is responsible for overseeing the day-today security of flying, airworthiness and cabin operations for the UK flag carrier What sparked your interest in aviation? Any spare time I had as a child was spent hanging around the local airfield with my dad. I’m […]Continue Reading
American Airlines bustling Dallas/Fort Worth base is about to get a whole lot busier. The hometown carrier, which has operated a hub at the airport for nearly four decades, will operate a record number of flights – more than 900 on peak days, prompting the nickname “DFW 900” – from DFW this summer, part of […]Continue Reading