January 23, 2021 8:50 am ET
Planes
January 15, 2021 12:00 am ET -
Atlas Air Adds 747s As Cargo Demand Grows
On Tuesday, New York-based Atlas Air Worldwide announced it had purchased four new Boeing 747-8 freighters. According to the carrier, the jets have been ordered to help the company meet growing cargo demand, especially as the e-commerce and express sectors skyrocket…
January 14, 2021 7:54 am ET -
Cargojet Announces New Equity Offering to Finance Aircraft Purchases
In a press release on Tuesday, Cargojet announced a $275 million equity offering aimed at growing the airline's cargo operations. A syndicate of underwriters has agreed to purchase 1,642,000 common voting and/or variable voting shares for C$213.25 per share. With…
January 13, 2021 6:00 am ET -
Air Zimbabwe to Acquire ERJ145, Expand Route Network
After a tough and tumultuous year due that saw the COVID-19 pandemic ground operations globally from the end of first quarter 2020, Air Zimbabwe is looking to rebuild its operations, with the airline stating its focus will be on fleet…
January 12, 2021 9:00 am ET -
First Look: Inside JetBlue’s New Airbus A220
Last week, JetBlue Airways received its first Airbus A220 aircraft, an impressive feat during the coronavirus pandemic. The new plane is one of 70 on order with Airbus and to replace the airline’s Embraer E190 fleet. According to Philip Stewart,…
January 9, 2021 4:57 am ET -
Boeing to Pay $2.5 Billion to Settle Criminal Conspiracy Charges
It’s pretty obvious Boeing has had it rough for quite some time now. It first started with their first Boeing 737 MAX aircraft crashed and in October 2018. No plane crash is good for an aircraft manufacturer but for the…