Aeromexico parent group, Grupo AeroMexico SAB., has voluntarily opted to further its restructuring via the Chapter 11 bankruptcy process, the company reported on Tuesday. This comes as other Latin American carriers struggle to restructure themselves in the wake of the COVID-19 epidemic. Aeromexico has faced competition from rising names such as InterJet and Volaris, who have risen in the wake of Mexicana’s bankruptcy in 2010. However, those carriers have now joined AeroMexico in the struggle to reduce excessive spending as…
In a communication addressed to the Chilean Financial Market Commission (CMF), LATAM Airlines Group has announced that it will voluntarily file to reorganize under Chapter 11 protection of the United States Code. The requested restructuring involves subsidiaries in Chile, Colombia, Peru, Ecuador, the United States of America, the Cayman Islands…
Delta Air Lines has announced it will retire the Boeing 777 from its fleet by the end of this year. A decision that will see the removal of eight 777-200(ER) and ten 777-200(LR) from its mainline fleet of 864 aircraft. The decision was announced by Ed Bastian, CEO of Delta,…
A Pegasus Airlines Boeing 737-800 has been involved in an accident following a landing at Istanbul Sabiha Gokcen Airport, Turkey. The flight, operating PC-2193, took off from Izmir, Turkey at 5.45 p.m. and arrived at around 6:20 p.m touching down on runway 06. However, TC-IZK, an 11-year-old aircraft, touched down…
In a military statement publicized by its state media this Saturday, Iran admitted it "unintentionally" shot down the civilian 737-800 of Ukraine International Airlines in Tehran last Wednesday, reported the Associated Press. https://twitter.com/AP/status/1215845397614276611 According to the statement, reports the AP, the aircraft was mistaken as a so-called "hostile target" after…
Since the 737 MAX's grounding in March, Boeing has undoubtedly struggled on its court with decreasing public confidence in the aircraft as investigations began to reveal a lack of scrutiny in the audit of processes, such as the MCAS software, putting into question when the jet would be brought back…
An Aeroflot Sukhoi Superjet 100 reportedly caught fire after making an emergency landing in Moscow on Sunday. The aircraft, registered as RA-89098, began turning to head back to the airport approximately 30 minutes after taking off from Moscow Sheremetyevo at 5:40 p.m. local time. The pilots immediately requested an emergency…
After failing to close a deal with a group of investors, Iceland's Wow Air announced that it has ceased operations as of Thursday morning. The company was forced to go under after last-minute negotiations were unsuccessful and a much-needed injection of capital was denied. "We weren't able to secure funding…
Canada announced the decision to ban the Boeing 737 MAX aircraft on Wednesday. A short time later the United States made the same decision with President Trump announcing "all of those planes are grounded effectively immediately." This follows the crash of Ethiopian Airlines flight 302 on Sunday. Boeing shortly after…
An Atlas Air Boeing 767-300ER Freighter has crashed into Trinity Bay, east of Houston. The aircraft departed Miami International Airport with Houston Intercontinental airport as its destination at 11:33 local time, and crashed "shortly before 12:45", according to an FAA statement. The crash occurred about 40 miles southeast of Bush…
