Log-in here if you’re already a subscriber Release DateMay 3, 2023Inside the strained union of Boeing and Spirit AeroSystemsPurchase a...
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“The wake up call of the Max was something that told them that all was not right.”
Airlines can’t get back to 2019 levels if they furlough staff and retire portions of their fleets. The expiration of the airline provisions in the U.S.’s CARES Act puts the industry’s recovery at risk as airlines decide whether to keep staff in the face of mounting losses.
Mitsubishi Heavy Industries’ intent to cultivate a new market for the Japanese conglomerate in North America has been withdrawn. Its purpose, the creation of a next-generational regional jet, is on hold indefinitely. Mitsubishi Aircraft Corporation, or Mitac, MHI’s commercial aircraft unit, is now set to shutter its operations in North America and Europe, the company confirmed last Friday. With letting go of Mitac’s international presence, its parent has reabsorbed its aircraft division leaving an indefinitely-paused future for the existing M90.
