Log-in here if you’re already a subscriber HEAR FROM THE AIR CURRENT Leave this field empty if you're human: Release...
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The Boston-area consumer electronics company that Matt Nichols works for “used to fill up five to ten seats per week”...
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Log-in here if you’re already a subscriber Release DateApril 21, 2020Airbus and Boeing hustle to keep airplanes flowing to a...
While such deals across the rising eVTOL industry seemingly represent a new aerospace business model in which customers have a stake in the overall success of the product, a detailed review of securities filings and other fine print by The Air Current reveals a far more transactional arrangement. Airlines are lending their branding and credibility in exchange for a possibly lucrative piece of a buzzy market, regardless of whether or not an aircraft will be delivered or even formally ordered.
There are three steps to an airline industry recovery. First, airlines have to return capacity to the sky. Second, passengers need to fill those airplanes. Lastly, the fares those passengers pay must be economically sustainable. The industry has not yet reached the first step.
The abundance of aircraft parked around the world brings another, very human and more personal abundance - pilots. Without passengers to fly, aircraft will remain parked. With aircraft parked, some pilots find themselves the subject of a furlough. Yet, even as the industry stares down a potential sharp reduction in the overall pilot workforce, the massive change could simultaneously spark a major new wave of retraining that would overwhelm the global simulator infrastructure.
Log-in here if you’re already a subscriber Release DateJanuary 14, 2021Alaska maps its 2020s with Boeing and leaves Virgin strategy...
Log-in here if you’re already a subscriber Release DateDecember 4, 2023Alaska's fleet chief breaks down the strategy behind Hawaiian dealPurchase...
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Log-in here if you’re already a subscriber Release DateNovember 23, 2022Archer plays the hare to Joby’s tortoise in eVTOL racePurchase...
