LATAM’s bankruptcy proceedings are getting interesting, with competing DIP funding proposals in play. And one reportedly contains a spectacularly unexpected arrangement between vicious competitors: Qatar Airways and Delta Air Lines.
Airplanes and Airports
As part of its recapitalization plan Virgin Australia intends to retire its long-haul aircraft. The carrier’s five 777s and six A330s will be removed from service as it invests “in the core Virgin Australia domestic and short-haul international operation.”
Virgin Atlantic filed for bankruptcy protection in the US courts on Tuesday, a move that initially sparked concerns among travelers about the future of the company. Fortunately the filing, made under Chapter 15 of the US Bankruptcy Code, is more of a procedural play than anything to be concerned about.
Virgin Galactic knows that not everyone will go to space. The company is now (slightly) broadening its potential customer base with plans for a Mach 3 aircraft, focused on delivering high-speed travel around the globe.
Airlines around the world removed the seats from their passenger planes to make more room for cargo. But not in the US. That could change very soon, as the FAA now allows for exemptions to cargo restrictions, engineering companies are securint certifications for the new configurations and airlines are getting the paperwork in order to make the shift.
Should the Boom Supersonic jet take flight later this decade there’s a very strong chance it will be powered by Rolls-Royce engines. While this is not a formal engine model selection it does advance the project and provides further indications as to how the program might take flight.
When the deal was first announced JetBlue and American Airlines chose to keep quiet about potential slot swaps at New York City’s airports. With some time now passed, however, both sides are sharing more. And – pending regulatory approval – it is clear that they have big plans together.
Some 747 farewells transitioning into possible electric aircraft growth. Plus an interview about the upcoming FTE/APEX Virtual Expo and lots more!
With US airlines now filing WARN notices for potential furloughs the potential to see that impact their regional partners is becoming more clear. Scope clauses in the pilot union contracts could have a significant impact come 1 October.
This week we’re talking about a big new partnership connecting passengers JetBlue and American Airlines, as well as how Middle East Airlines will be getting connected with Panasonic Avionics.