CDB Aviation's MAX cancellation piles further pressure on Boeing
CDB Aviation Lease Finance (CDB Aviation) has cancelled 29 of its undelivered 737 MAX aircraft order with Boeing and amended the rest of its MAX order, according to last week’s Hong Kong Stock Exchange filing.
Covid-19 sees “seismic” drop in aftermarket demand
Covid-19 has caused a “seismic” drop in demand for aircraft parts as airlines delay all but necessary maintenance in their efforts to conserve cash. At the same time, an accelerated rate of aircraft retirements risk flooding the parts market, pushing up supply at a time of already low demand. more
Domestic resilience: Which airlines and aircraft stand to benefit?
Commercial air traffic has begun a slow recovery, raising the question of which airlines and aircraft will be best positioned in the new environment. more
Q1 2020: Airbus and Boeing bleed billions as Covid-19 hits profits
The two airframe giants booked a combined $1.2 billion net loss in Q1 2020 as deliveries and orders dry up. more