Tag: fleet grounding

IATA Advises 737 MAX Will Remain Grounded until August

Reading Time: < 1 minute Despite the fact that it is believed the Federal Aviation Administration (FAA) is set to approve the updates to the 737 MAX in June, other agencies intend to carry out their own assessments. This has resulted in the likelihood worldwide approval for the lifting of the ban, which was instigated after two fatal crashes involving […]

Jet Airways in Further Trouble as it Fails to Secure Emergency Funding

Reading Time: < 1 minute Having suspended all international flights last week and with only seven operational aircraft after creditors seized dozens of its aircraft, Jet Airways, India’s second-largest airline by market share, is on the verge of total collapse after failing to obtain emergency funding from its lenders. With current debt level running at approximately US$1.2 billion and pilots, […]