Paddle Your Own Kanoo
• Mateusz Maszczynski
Paddle Your Own Kanoo
• Mateusz Maszczynski
Today In Aviation
Last Updated: Tuesday, Oct. 15, 2024, 11:00 AM PDT
2024-10-15T11:00:08.112418-07:00 2024-10-15T11:00:08.112418-07:00 (2024-10-15T11:00:08.112418-07:00)
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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.
Also:
AeroTime,
FlightGlobal,
New York Times,
Aviation Week,
Wall Street Journal,
Skift,
Reuters,
CNN,
Cargo Facts,
Skies Magazine,
Simple Flying,
CTV News
and
23 more
Airways Magazine
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.
PaxEx.Aero
• Seth Miller
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 Air Lines
Delta unveils new cabin interior across its fleet
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Aviation A2Z,
Runway Girl,
Paddle Your Own Kanoo,
Simple Flying,
World Airline News,
Airline Geeks,
Sam Chui,
The Points Guy,
Quartz
and
3 more
Aviation Week
• Kurt Hofmann
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.
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eveairmobility.com
• Thiago Riboura
Eve Air Mobility Secures USD$88 million from BNDES to Finance eVTOL Manufacturing
By eveairmobility.com: Eve is a new independent company founded by Embraer dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a startup mindset, backed by Embraer’s more than 50-year history of aerospace expertise, Eve is taking a holistic approach to progressing the UAM ecosystem with an advanced electric vertical takeoff and landing vehicle (eVTOL), comprehensive global services and support network, and a unique air traffic management solution.
Urban Air Mobility News
Eve Air Mobility secures USD88 million loan for eVTOL production facility
Also:
Air Data News,
Runway Girl,
Vertical Mag,
FlightGlobal,
Reuters,
Aerospace Testing Intnl
and
8 more
FlightGlobal
• David Kaminski-Morrow
Wet-lease carrier Hi Fly brings in two more A330s
By FlightGlobal: Portuguese wet-lease specialist Hi Fly is expanding its widebody fleet with a pair of Airbus A330-200s.
Airways Magazine
Hi Fly Welcomes Two New Airbus A330-200s to Fleet
Aviation Week
• Adrian Schofield
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.
