Aviation A2Z
• David Hughes
Qantas to Cut Sydney-Seoul Flight, A380 Returns to Dallas, New Routes and More
Australian Aviation
• Jake Nelson
Aviation A2Z
• David Hughes
Australian Aviation
• Jake Nelson
Today In Aviation
Last Updated: Wednesday, Oct. 16, 2024, 1:40 AM PDT
2024-10-16T01:40:01.075605-07:00 2024-10-16T01:40:01.075605-07:00 (2024-10-16T01:40:01.075605-07:00)
Bloomberg
• Danny Lee
Europe’s Airlines Rachet Up Pressure in Face of Chinese Threat
By Bloomberg: Air-France KLM is lobbying the French government to cap the number of flights that mainland Chinese carriers can make to Europe, according to people familiar with the matter, in a bid to protect European airlines from unfair competition.
eVTOL Insights
• Chris Stonor
Wisk Aero Collaborates with Airservices Australia “to Integrate Autonomous Air Taxi Network into National Airspace”
By eVTOL Insights: Wisk Aero announced today it has signed a Memorandum of Understanding (MOU) with Airservices Australia (AA), reports a press release. This government-owned organisation provides air traffic management and associated services for the country.
Reuters
• Rajesh Kumar Singh
United Airlines sees stronger profit, unveils $1.5 billion share buyback program
By Reuters: United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power.
Airways Magazine
• Helwing Villamizar
DOT Fines Lufthansa US$4M for Civil Rights Violations
By Airways Magazine: The US DOT has fined Lufthansa US$4 million for discriminating against Jewish passengers in 2022.
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PaxEx.Aero
• Seth Miller
New cabins are coming to Delta Air Lines fleet
By PaxEx.Aero: A fleet-wide cabin retrofit, including fresh seating materials, a renewed color palette, decorative motifs and signature branding, is coming to the Delta fleet.
Delta Air Lines
Delta unveils new cabin interior across its fleet
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Wall Street Journal
• Sharon Terlep
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
By Wall Street Journal: Under the shelf registration, Boeing is expected to pursue a stock offering that raises around $10 billion, according to people familiar with the matter. A strike by Boeing’s largest union is exacerbating financial woes at the jet maker, which last turned a profit in 2018. Its operations had been burning through about $1 billion a month before the strike. Boeing ended September with $10.3 billion in cash and securities, close to the minimum amount the company has said it needs to operate. The new $10 billion credit agreement is in addition to about $10 billion in existing, untapped revolving credit agreements. Boeing has $45 billion in net debt. “These are two prudent steps to support the company’s access to liquidity,” Boeing said in a statement. Boeing shares, which began the year around $250, were little changed in premarket trading near $150.
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Paddle Your Own Kanoo
• Mateusz Maszczynski
Air India Flight to Chicago Makes Emergency Diversion to Remote Canadian Airport in Latest Bomb Hoax Drama
By Paddle Your Own Kanoo: An Air India flight from Delhi to Chicago was forced to divert to a remote airport in the Canadian territory of Nunavut on Tuesday after an online bomb threat was posted against the airliner.
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