Today In Aviation
Last Updated: Tuesday, Oct. 15, 2024, 12:50 PM PDT
2024-10-15T12:50:13.259377-07:00 2024-10-15T12:50:13.259377-07:00 (2024-10-15T12:50:13.259377-07:00)
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.
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.
Airline Cuts At Hamburg Could Affect German Airport Fee Negotiations
By Aviation Week: Condor is adjusting its schedule for summer 2025 and reducing its flight program by 13% due to significantly increased costs in Hamburg.
New cabins coming to Delta
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 unveils new cabin interior across its fleet
Frontier Pilots Authorize Potential Strike Action, 99% In-Favor
By Aviation Week: Pilots at Frontier Airlines have become the latest bargaining group to authorize potential strike action.
FAA opens audit into runway incursion risks at 45 busiest US airports
By Reuters: The Federal Aviation Administration said Tuesday it is opening an audit into runway incursion risks at the 45 busiest U.S. airports after a series of troubling near miss incidents.
First Delivery Of Malaysia Airlines A330neos Delayed
By Aviation Week: Production delays have forced Malaysia Airlines to postpone the introduction of Airbus A330neos into its fleet.